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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 October 13, 2010 Brian D. Pacampara	Western Refining Shares Popped: What You Need to Know Shares of independent oil refiner Western Refining rose 15.5% in intraday trading today after a Wall Street analyst upgraded the stock.
The Motley Fool April 7, 2004 Ben McClure	Refiners Pumped Up Refinery stocks are way up, but leave them alone.
The Motley Fool August 11, 2011 Jim Mueller	Rising Star Buy: Western Refining Knocked down, but fundamentally improving.
The Motley Fool July 30, 2008 Christopher Barker	Valero's Profits a Bit Less Refined Valero struggles through a difficult environment for refiners.
The Motley Fool October 8, 2010 Jeremy Phillips	Should You Sell Western Refining Right Now? Western Refining has failed four of the quick tests that would make it a sell.
The Motley Fool September 13, 2011 Aimee Duffy	Oil Refining: Buy or Sell? Murphy Oil and others jettison refining business to focus on E&P
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.
BusinessWeek October 24, 2005 Robert Barker	Valero's Sweet Spot A once deep undervaluation of independent petroleum refiners has been righted.
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 April 27, 2005 Bill Mann	Valero Comes Closer to the Edge On Monday, Valero announced the purchase of rival Premcor, creating the largest U.S. refiner by capacity. This time, refining assets have been bid up substantially. If we're at a peak, Valero could be asking for trouble.
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 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 July 28, 2011 Jim Mueller	Rising Star Buy: Western Refining Still Looks Cheap The Brent/WTI spread is the catalyst for great returns.
The Motley Fool August 8, 2006 Stephen D. Simpson	Valero Prints Money Constrained refinery capacity and high oil prices fuel Valero's engine. Investors, take note.
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.
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 October 29, 2008 Christopher Barker	Time to Refine Balance Sheets Instead of Gasoline Valero cuts back on capital expenditures until economic uncertainty abates.
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 May 7, 2004 Bill Mann	Oil Hits $40 And the high price of petroleum seems likely to persevere.
BusinessWeek November 15, 2004 Wendy Zellner	Crude Lessons About Oil Low-quality $35-a-barrel oil is plentiful, but refineries lack the capacity to handle it. The result is that the price of oil -- and of products made from it -- is higher and more volatile than it might be.
The Motley Fool November 2, 2011 Isac Simon	Valero Energy Hits the Jackpot A fantastic third quarter with promises for more.
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 30, 2008 Toby Shute	Valero Feels Your Pain Yes, high energy prices can even hurt energy companies.
The Motley Fool September 11, 2009 Christopher Barker	Refiners Already Feel a Chill Valero is hunkering down for a tough winter.
The Motley Fool June 30, 2011 Jim Mueller	2 Reasons to Buy Western Refining More about why we like this company.
The Motley Fool July 29, 2009 Christopher Barker	Valero Would Like to Cap and Trade Its Losses Valero has a message for you about taxes.
The Motley Fool March 14, 2008 Steven Renaldi	Is Tesoro Teasing? Refiner Tesoro takes action to end its poison pill plan early, as well as making other moves seeming to indicate it is searching for a buyer.
The Motley Fool March 16, 2011 Zeeshan Siddique	Valero's U.K. Debut: The Beginning of Something Huge By acquiring a Chevron refinery, the oil contender secures a European foothold.
The Motley Fool August 27, 2008 Christopher Barker	There's Nothing Refined About Sinopec's Results Painful losses in refining continue to weigh on Chinese energy stocks.
The Motley Fool August 27, 2010 Matt Koppenheffer	How to Make Big Money With Less Risk Low risk and big potential returns? Sign me up!
The Motley Fool January 31, 2006 W.D. Crotty	A 7-Bagger They Call Valero Valero energy reports record 2005 results. On a price-to-peers basis, the company looks fairly priced even though it's just below its 52-week high.
The Motley Fool April 29, 2010 Mike Pienciak	Valero's Losses Slow to a Trickle Things are looking up for this U.S. refiner.
The Motley Fool August 12, 2009 Christopher Barker	Holly Dances Through a Tight Spot The refiner's strength shines through under adverse conditions.
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 18, 2007 David Lee Smith	Refined Profits Irk Congress Profits from energy's refining and marketing sector have soared, but the reasons are more than a little complicated. Investors should proceed with caution.
The Motley Fool May 26, 2004 Bill Mann	Running on Fumes An enormous spike in gas prices has enticed some to forsake their cars for alternative transportation.
BusinessWeek May 9, 2005 Peter Coy	This Big Oil Deal Shouldn't Hurt A Bit Valero's bid for Premcor looks like it would actually be consumer-friendly.
The Motley Fool January 28, 2010 Mike Pienciak	Is This the Bottom for Valero? Management predicts a financial turn from recent losses.
The Motley Fool October 27, 2004 Bill Mann	Nothing Sour About Valero The oil company demonstrates what can happen when you have an absolute advantage in material costs.
The Motley Fool June 3, 2009 Christopher Barker	Valero Taps Shareholders ... With a Sledgehammer Valero's move to dilute shareholder equity by almost 8%, announced in the same breath as a massive reduction in second-quarter profit guidance -- from a $0.59-per-share gain to a $0.50 loss -- pains investors like a one-two punch.
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 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 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 May 26, 2005 Rich Smith	Wireless Goes West Alltel target Western Wireless to divest international operations. Investors, take note.
The Motley Fool August 25, 2011 Jim Royal	Does Western Refining Earn Its Keep? Western Refining has improved its returns on invested capital dramatically from three years ago, but they are down from five years ago.
The Motley Fool August 7, 2009 Christopher Barker	Escape the Wrath of Calumet Calumet shares plunged after the release of the second quarter report, supporting the refreshing notion that investors might look beyond the expectations game while digesting results.
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 May 25, 2007 Toby Shute	Quick Take: Take THAT, Big Oil! High gas prices today are mostly a consequence of choices made by the public, not a few oilmen sitting in a smoky room in Houston. Boycotts may shift purchases by a day, but they aren't going to change anything. Your long-term driving behavior, however, has an impact.
The Motley Fool July 28, 2010 Mike Pienciak	Valero Kicks It Old School The U.S. refiner is back to pumping out profits.