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The Motley Fool November 21, 2011 Jim Mueller	Western Refining Is a Bargain Despite the collapse of the Brent-WTI spread, this refiner is far from doomed.
The Motley Fool July 28, 2011 Jim Mueller	Rising Star Buy: Western Refining Still Looks Cheap The Brent/WTI spread is the catalyst for great returns.
Financial Advisor January 2012 Brad Zigler	The Future of Refiners Foretold Refining has been a particularly volatile business since the 2008 economic nosedive.
The Motley Fool June 14, 2011 Jim Mueller	Rising Star Buy: Cracking Into Western Refining If Western Refining continues to grow its margins and the market's fears about oil and the economy are eased, the company's stock price should rise.
The Motley Fool August 11, 2011 Jim Mueller	Rising Star Buy: Western Refining Knocked down, but fundamentally improving.
The Motley Fool April 30, 2007 Toby Shute	Valero: Hooked on Crack Spreads Valero depends on them to earn its outsized profits. With gasoline inventories low, business is booming. These high spread levels can't last indefinitely -- so investors need to be careful with this refiner group.
The Motley Fool July 30, 2008 Christopher Barker	Valero's Profits a Bit Less Refined Valero struggles through a difficult environment for refiners.
Registered Rep. July 5, 2012 Brad Zigler	Going for Profits Off the "Crack Spread" Does Delta's refinery purchase really make it smarter than the other airlines?
The Motley Fool November 7, 2005 Stephen D. Simpson	Holly's Good Quarter Falls Short While refining margins jumped sharply, they weren't good enough to meet estimates. Investors still hanging on to these shares will need to buckle in for the swings and swoons that are almost sure to come.
The Motley Fool May 15, 2006 Stephen D. Simpson	The Brave Frontier This small refiner seems overpriced, but it's positioned in the refining sweet spot. Investors, be careful about overpaying for this stock, though.
The Motley Fool March 27, 2006 Will Frankenhoff	Valero Spins Crude Into Gold Valero's ability to inexpensively produce low-sulfur gasoline should spark investor interest.
The Motley Fool May 11, 2009 Mike Pienciak	Frontier Idles Through Tough Times Frontier's definitely in good shape, but as far as the stock's concerned, this may be a case of investor pyromania.
The Motley Fool May 11, 2011 Isac Simon	Western Refinery Scripts an Incredible Comeback Sound management and improved market conditions help Western turn the tide.
The Motley Fool November 6, 2009 Mike Pienciak	Frontier Oil Finally Falls Strong? Yes. Invincible? No. The stock is down roughly 15%, and the company's swung to a third-quarter loss.
The Motley Fool November 6, 2008 Christopher Barker	'Tis the Season to Be Holly Refiner Holly entered the earnings ring this week packing a one-two punch of improved gross refining margins and a pristine balance sheet.
The Motley Fool February 24, 2011 Sean Williams	Here's How You Can Profit From the Turmoil in the Middle East Consider these investment opportunities in the face of rising oil prices.
The Motley Fool February 27, 2008 Toby Shute	Frontier Shows Some Cracks Thanks to a refinery fire, this refiner's earnings weren't so hot.
The Motley Fool August 2, 2010 Michael Johnston	Oil ETF Investing: 5 Ways to Play Read this to help you decide how to bet on one of the world's most sought-after resources.
The Motley Fool June 17, 2008 Christopher Barker	Tesoro's Sunken Treasure Tesoro takes a hit, but the future looks brighter for the refiner.
The Motley Fool February 24, 2011 Isac Simon	Why Western Refinery is Looking Steady After languishing for almost two years, Western Refinery is making a strong comeback, thanks largely to astute planning and some intelligent risk-taking.
BusinessWeek August 6, 2007 James Mehring	Come Fall, Relief At The Pump The expectation of lower gas prices and stronger consumer spending assumes no more major refinery problems and a repeat of last year's mild hurricane season.
The Motley Fool August 2, 2007 Toby Shute	Valero Rises Through Cracks There's nothing crude about Valero Energy's business model. Buy oil and turn it into more valuable end-user products.
The Motley Fool May 25, 2007 Robert Aronen	One Road to Lower Gas Prices Americans consume 20.8 million bpd of crude, compared to domestic production of 5.2 million bpd. Conservation stands as the lone card in our hand. As an investor, all of this points toward continuation of the oil boom.
The Motley Fool May 24, 2006 Glen Kenney	ExxonMobil's $400 Million Insult How much compensation is too much? Former ExxonMobil chief Lee Raymond recently left with a $400 million golden parachute. How much of your $3-a-gallon gas goes to such compensation packages?
The Motley Fool January 29, 2009 Christopher Barker	Strung Out on Crack Spreads and Goodwill Valero Energy released fourth-quarter and year-end results and turned what could have been a solid quarter into a nightmare by taking a $4.1 billion goodwill impairment charge.
The Motley Fool May 12, 2009 Christopher Barker	A Reversal of Refining Fortunes Several refiners swing to profits as gasoline margins improve.
The Motley Fool November 2, 2007 Toby Shute	Refining Enters the House of Horrors For an oil refining company like Tesoro, when gasoline prices lag the rise in crude oil, and refining margins get squeezed, the results can be disastrous.
The Motley Fool January 18, 2012 Isac Simon	An Incredibly Cheap Refining Stock Holly's merger with Frontier last July has proved to be a master stroke.
The Motley Fool April 7, 2004 Ben McClure	Refiners Pumped Up Refinery stocks are way up, but leave them alone.
The Motley Fool October 25, 2011 Travis Hoium	Western Refining Shares Got Crushed: What You Need to Know Oil is up big again today, rising more than 3%, and has put pressure on refiners today. Another big refiner, Valero Energy, has also been hit hard, so it isn't just a bad day for Western Refining.
The Motley Fool August 8, 2006 Robert Aronen	Alon USA Shows Everyone the Money The oil refiner delivered solid second-quarter results and is sharing the wealth with shareholders.
The Motley Fool February 19, 2009 Christopher Barker	Refining That Competitive Advantage Refiner Holly not only delivered a solid fourth quarter that crushed analyst expectations by more than 70%, but also utilized this period of weakened demand to increase its long-term competitive advantage.
The Motley Fool June 28, 2006 Glen Kenney	ExxonMobil's $400 Million Insult: Part 2 Oil companies are presently making a lot of money. They make it by pennies per gallon from refining, and only a little more from production. Oil prices are set by global supply and demand, and they will continue to rise as long as demand keeps increasing.
The Motley Fool May 24, 2005 Stephen D. Simpson	Sunoco's Air of Refinement Despite higher gasoline prices, refining and marketing margins are beginning to move the other way. I'm not sure I could recommend buying this stock today.
The Motley Fool August 9, 2007 Toby Shute	Tesoro's Treasured Results Refiner Tesoro achieved record earnings on the back of extremely high refining margins. The greatest improvements came in the mid-continent region.
The Motley Fool August 10, 2007 Toby Shute	Full Frontal Frontier A look at Frontier Oil's latest results, in which the refiner blows past even the most optimistic analyst's expectations.
The Motley Fool April 7, 2009 Mike Pienciak	Frontier Oil: Best Bet Among Risky Refiners There's comparatively less investing danger with Frontier Oil.
The Motley Fool January 30, 2008 Toby Shute	A Refiner on Fire Valero surprises doubters with unexpectedly strong quarterly results.
The Motley Fool September 16, 2008 Christopher Barker	Lehman and AIG Weren't the Only Storms This Week Hurricane Ike damaged oil rigs and shut-in significant refinery production.
The Motley Fool October 6, 2009 Mike Pienciak	Will Banks Let Struggling Refiners Off The Hook? Ample debt and narrow crack spreads spell trouble for independent refiners.
The Motley Fool October 4, 2007 David Lee Smith	Big Oil About to Flip With refinery margins dropping, expect the Big Oil companies to report down quarters. Investors, take note.
The Motley Fool October 29, 2008 Christopher Barker	Time to Refine Balance Sheets Instead of Gasoline Valero cuts back on capital expenditures until economic uncertainty abates.
BusinessWeek October 25, 2004 Wendy Zellner	The Winter Oil Forecast Is Far From Cozy From natural gas and propane to heating oil and gasoline, prices are on the rise.
The Motley Fool May 11, 2006 Robert Aronen	Alon USA: Good Now, Better Later? The energy company delivered healthy first-quarter results, but investors should look toward the future.
The Motley Fool May 7, 2008 Christopher Barker	Tesoro's Margins Snap, Crackle, and Pop The oil refiner falls victim to the margin squeeze.
The Motley Fool February 20, 2008 Toby Shute	Good Golly, Holly The explosion in the share price of refiner Holly Corp. certainly had to do with the company's unexpectedly strong results for the fourth quarter.
The Motley Fool August 11, 2006 Robert Aronen	20-Bagger on the Move After a 20-fold gain in four years, can oil refiner Giant Industries keep growing? Investors, take note.
The Motley Fool April 4, 2005 W.D. Crotty	The Frontier of Oil Refining Frontier Oil is profiting handsomely from being able to process heavy crude oil. But what's the earnings potential?
The Motley Fool November 2, 2011 Isac Simon	Valero Energy Hits the Jackpot A fantastic third quarter with promises for more.
The Motley Fool May 2, 2011 David Lee Smith	Chevron Wraps Up Big Oil's Earnings Fest A pair of Motley Fool Income Investor picks round out an earnings orgy.