Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Oil & Gas Refining & Marketing Stocks

Oil & Gas Refining & Marketing: Marathon Petroleum Corporation owns the largest revenue base; Sunoco LP has the fastest current growth.

The industry itself · before any single company

How has Oil & Gas Refining & Marketing moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 10% ahead of S&P 500. Earnings across its companies grew 14% on average over the last four reported quarters. It has been ahead of S&P 500 on a rolling three-month view for 4 weeks running.

TURNING · ahead 4wMoving with the index9 of 17 companies ahead of S&P 500 by 5% or more over three months

RS ↑4w · 14/17 >200d (+1) · 9/17 lead (+7) · EPS 16/17↑

200202620252024202320222021 401348 TRAILING 12-MONTH EPS · 100 AT THE START0100177Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 12 reportingJun 2022 · trailing 12-month earnings per share at 134, against 100 at the start · no comparable year yet · 12 reportingSep 2022 · trailing 12-month earnings per share at 161, against 100 at the start · no comparable year yet · 12 reportingDec 2022 · trailing 12-month earnings per share at 177, against 100 at the start · no comparable year yet · 12 reportingMar 2023 · trailing 12-month earnings per share at 158, against 100 at the start · up 58.3% on a year ago · 12 reportingJun 2023 · trailing 12-month earnings per share at 162, against 100 at the start · up 41.7% on a year ago · 12 reportingSep 2023 · trailing 12-month earnings per share at 160, against 100 at the start · up 11.6% on a year ago · 12 reportingDec 2023 · trailing 12-month earnings per share at 168, against 100 at the start · down 21.3% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 139, against 100 at the start · down 39.7% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 167, against 100 at the start · down 27.4% on a year ago · 12 reportingSep 2024 · trailing 12-month earnings per share at 70, against 100 at the start · down 52.9% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 80, against 100 at the start · down 65.7% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 61, against 100 at the start · down 70.2% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 59, against 100 at the start · down 75.4% on a year ago · 12 reportingSep 2025 · trailing 12-month earnings per share at 79, against 100 at the start · up 10.0% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 104, against 100 at the start · up 34.4% on a year ago · 12 reportingMar 2026 · trailing 12-month earnings per share at 172, against 100 at the start · up 86.3% on a year ago · 12 reportingNot reported yet — earnings trail price by a quarter or two172 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
200202620252024202320222021 401348 TRAILING 12-MONTH EPS · 100 AT THE START0100177Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 12 reportingJun 2022 · trailing 12-month earnings per share at 134, against 100 at the start · no comparable year yet · 12 reportingSep 2022 · trailing 12-month earnings per share at 161, against 100 at the start · no comparable year yet · 12 reportingDec 2022 · trailing 12-month earnings per share at 177, against 100 at the start · no comparable year yet · 12 reportingMar 2023 · trailing 12-month earnings per share at 158, against 100 at the start · up 58.3% on a year ago · 12 reportingJun 2023 · trailing 12-month earnings per share at 162, against 100 at the start · up 41.7% on a year ago · 12 reportingSep 2023 · trailing 12-month earnings per share at 160, against 100 at the start · up 11.6% on a year ago · 12 reportingDec 2023 · trailing 12-month earnings per share at 168, against 100 at the start · down 21.3% on a year ago · 12 reportingMar 2024 · trailing 12-month earnings per share at 139, against 100 at the start · down 39.7% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 167, against 100 at the start · down 27.4% on a year ago · 12 reportingSep 2024 · trailing 12-month earnings per share at 70, against 100 at the start · down 52.9% on a year ago · 12 reportingDec 2024 · trailing 12-month earnings per share at 80, against 100 at the start · down 65.7% on a year ago · 12 reportingMar 2025 · trailing 12-month earnings per share at 61, against 100 at the start · down 70.2% on a year ago · 12 reportingJun 2025 · trailing 12-month earnings per share at 59, against 100 at the start · down 75.4% on a year ago · 12 reportingSep 2025 · trailing 12-month earnings per share at 79, against 100 at the start · up 10.0% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 104, against 100 at the start · up 34.4% on a year ago · 12 reportingMar 2026 · trailing 12-month earnings per share at 172, against 100 at the start · up 86.3% on a year ago · 12 reportingNot reported yet — earnings trail price by a quarter or two172No earnings on file this far back — the price series reaches further than the filings do
Oil & Gas Refining & Marketing, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broad, early and backedHow much of the industry is participating, how recently, and whether the movers score well.
Together9 of 17 stocks moving
Fresh7 crossed in the last 4 weeks
Backed by scoresmovers score +6 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 4/4+3
Mid 4/6+4
Small 1/70

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 17 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Oil & Gas Refining & Marketing outperforming S&P 500?

Oil & Gas Refining & Marketing has outperformed S&P 500 by 37.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 9.3%. 11 of 15 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is broad.

+9.3%Sector vs S&P 500 · 13 weeks
+37.1%Sector vs S&P 500 · 52 weeks
11/15Stocks leading S&P 500
9/15Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Oil & Gas Refining & Marketing has outperformed S&P 500 by 37.1% over 52 weeks and 9.3% over 13 weeks. 11 of 15 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 15 beat the sector itself. Marathon Petroleum Corporation leads with revenue of $135,382 million, based on 14 of 16 comparable companies through Mar 2026.

Is the Oil & Gas Refining & Marketing sector outperforming S&P 500?

Oil & Gas Refining & Marketing has outperformed S&P 500 by 37.1% over 52 weeks and 9.3% over 13 weeks. 11 of 15 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 15 beat the sector itself.

Which Oil & Gas Refining & Marketing company is largest by revenue?

Marathon Petroleum Corporation leads with revenue of $135,382 million, based on 14 of 16 comparable companies through Mar 2026.

Which Oil & Gas Refining & Marketing company is growing fastest?

Sunoco LP has the fastest current revenue growth at 37.3%, across 14 of 16 comparable companies.

Which Oil & Gas Refining & Marketing company has the strongest 4-Factor Sector Score?

PBF Energy Inc. ranks first at 67.1/100 with 74.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Oil & Gas Refining & Marketing company reports the most CAPEX?

Marathon Petroleum Corporation reports the largest latest CAPEX at $913 million, with 16 of 16 companies comparable.

Which Oil & Gas Refining & Marketing company has the least gross debt?

Clean Energy Fuels Corp. has the lowest comparable gross debt at $324 million. Marathon Petroleum Corporation has the highest at $34,326 million.

Which Oil & Gas Refining & Marketing company has the lowest comparable PEG?

PBF Energy Inc. has the lowest comparable Guarded PEG at 0.09, among 9 of 16 companies that pass the metric’s comparability rules.

How much history does this Oil & Gas Refining & Marketing comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
16
complete canonical membership
Combined market value
$318.7B
Marathon Petroleum Corporation
Revenue growing
6/14
positive TTM year-on-year growth
Beating S&P 500
11/15
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
PBF Energy Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 74.6% evidence confidence.
Delek US Holdings, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. PBF Energy Inc. · PBF

67.1/100 · Favorable setup · 75% evidence

Exact sum: 20.3 + 11.8 + 15.6 + 19.4 = 67.1

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.3/35Growth & earnings

Revenue -4.3% · PAT — · OPM change 11 pp

62% evidence

11.8/25Capital efficiency

ROCE 3.1% · debt/equity 0.64×

80% evidence

15.6/20Valuation

P/E 12.8× · PEG 0.09

65% evidence

19.4/20Relative strength

RS sector 29.8% · RS bench 53.2% · 1Y 181.4%

100% evidence

2. HF Sinclair Corporation · DINO

67.0/100 · Favorable setup · 75% evidence

Exact sum: 21.1 + 16.1 + 12.1 + 17.7 = 67

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.1/35Growth & earnings

Revenue -1.1% · PAT — · OPM change 10.6 pp

62% evidence

16.1/25Capital efficiency

ROCE 6% · debt/equity 0.33×

80% evidence

12.1/20Valuation

P/E 9.4× · PEG 0.86

65% evidence

17.7/20Relative strength

RS sector 20.1% · RS bench 42.8% · 1Y 110.8%

100% evidence

3. Valero Energy Corporation · VLO

63.3/100 · Mixed-positive evidence · 75% evidence

Exact sum: 21 + 15.6 + 13.4 + 13.3 = 63.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.0/35Growth & earnings

Revenue -2.8% · PAT 100% · OPM change 8.3 pp

62% evidence

15.6/25Capital efficiency

ROCE 3.9% · debt/equity 0.43×

80% evidence

13.4/20Valuation

P/E 18× · PEG 0.19

65% evidence

13.3/20Relative strength

RS sector 14.8% · RS bench 36% · 1Y 124.4%

100% evidence

4. Star Group, L.P. · SGU

59.3/100 · Mixed-positive evidence · 76% evidence

Exact sum: 20.2 + 18 + 16.3 + 4.8 = 59.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.2/35Growth & earnings

Revenue 3.2% · PAT 34.3% · OPM change 3.6 pp

83% evidence

18.0/25Capital efficiency

ROCE 22.6% · debt/equity 0.86×

80% evidence

16.3/20Valuation

P/E 4.2× · PEG 0.09

65% evidence

4.8/20Relative strength

RS sector -20.4% · RS bench -4.3% · 1Y 6.9%

70% evidence

5. Marathon Petroleum Corporation · MPC

58.8/100 · Mixed-positive evidence · 82% evidence

Exact sum: 19.9 + 11.1 + 12.4 + 15.4 = 58.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.9/35Growth & earnings

Revenue -1.7% · PAT 55.6% · OPM change 1.9 pp

83% evidence

11.1/25Capital efficiency

ROCE 2.3% · debt/equity 1.47×

80% evidence

12.4/20Valuation

P/E 15.9× · PEG 0.36

65% evidence

15.4/20Relative strength

RS sector 12.9% · RS bench 34.1% · 1Y 84.9%

100% evidence

6. Sunoco LP · SUN

56.0/100 · Mixed-positive evidence · 82% evidence

Exact sum: 19.3 + 12.8 + 12.3 + 11.6 = 56

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.3/35Growth & earnings

Revenue 37.3% · PAT 13.3% · OPM change 2.4 pp

83% evidence

12.8/25Capital efficiency

ROCE 4.5% · debt/equity 1.85×

80% evidence

12.3/20Valuation

P/E 14.3× · PEG 0.63

65% evidence

11.6/20Relative strength

RS sector 0.2% · RS bench 19.6% · 1Y 42.5%

100% evidence

7. World Kinect Corporation · WKC

55.8/100 · Thin evidence · provisional · 53% evidence

Exact sum: 20.2 + 12.5 + 8.7 + 14.4 = 55.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.2/35Growth & earnings

Revenue — · PAT — · OPM change 0.7 pp

45% evidence

12.5/25Capital efficiency

ROCE 3.5% · debt/equity 0.59×

80% evidence

8.7/20Valuation

P/E 118.2× · PEG —

15% evidence

14.4/20Relative strength

RS sector 15.3% · RS bench 38.3% · 1Y 58.6%

70% evidence

8. Par Pacific Holdings, Inc. · PARR

54.9/100 · Mixed-positive evidence · 65% evidence

Exact sum: 19.2 + 10.4 + 11.3 + 14 = 54.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.2/35Growth & earnings

Revenue -2.5% · PAT — · OPM change 4.5 pp

62% evidence

10.4/25Capital efficiency

ROCE 2.3% · debt/equity 1.06×

80% evidence

11.3/20Valuation

P/E 7× · PEG —

15% evidence

14.0/20Relative strength

RS sector 31.8% · RS bench 55.2% · 1Y 163.8%

100% evidence

9. Phillips 66 · PSX

53.5/100 · Mixed-positive evidence · 72% evidence

Exact sum: 20.1 + 10.5 + 9.7 + 13.2 = 53.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.1/35Growth & earnings

Revenue -2.4% · PAT 100% · OPM change 1.7 pp

83% evidence

10.5/25Capital efficiency

ROCE 0.2% · debt/equity 0.91×

80% evidence

9.7/20Valuation

P/E 17.9× · PEG —

15% evidence

13.2/20Relative strength

RS sector 4.7% · RS bench 24.6% · 1Y 72.1%

100% evidence

10. Clean Energy Fuels Corp. · CLNE

44.8/100 · Thin evidence · provisional · 56% evidence

Exact sum: 23.1 + 8.7 + 10 + 3 = 44.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

23.1/35Growth & earnings

Revenue 5.5% · PAT — · OPM change 119.2 pp

62% evidence

8.7/25Capital efficiency

ROCE -0.3% · debt/equity 0.57×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.0/20Relative strength

RS sector -36.8% · RS bench -23.7% · 1Y -3%

70% evidence

11. CrossAmerica Partners LP · CAPL

44.3/100 · Mixed-negative evidence · 75% evidence

Exact sum: 17.1 + 8.4 + 14.1 + 4.7 = 44.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.1/35Growth & earnings

Revenue -9.4% · PAT 81.8% · OPM change 2.6 pp

62% evidence

8.4/25Capital efficiency

ROCE 2.7% · debt/equity 36.4×

80% evidence

14.1/20Valuation

P/E 13.9× · PEG 0.32

65% evidence

4.7/20Relative strength

RS sector -20.4% · RS bench -4.2% · 1Y 2%

100% evidence

12. Delek US Holdings, Inc. · DK

38.7/100 · Mixed-negative evidence · 65% evidence

Exact sum: 8 + 3.9 + 9.2 + 17.6 = 38.7

Decision use: Price leads the evidence: RS versus the benchmark is 51.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

8.0/35Growth & earnings

Revenue -5.6% · PAT — · OPM change -2 pp

62% evidence

3.9/25Capital efficiency

ROCE -4.3% · debt/equity 10.77×

80% evidence

9.2/20Valuation

P/E 86× · PEG —

15% evidence

17.6/20Relative strength

RS sector 28.5% · RS bench 51.8% · 1Y 202.4%

100% evidence

13. Delek Logistics Partners, LP · DKL

35.9/100 · Mixed-negative evidence · 82% evidence

Exact sum: 14 + 9.3 + 5.6 + 7 = 35.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

14.0/35Growth & earnings

Revenue 12.9% · PAT 14.1% · OPM change -5.6 pp

83% evidence

9.3/25Capital efficiency

ROCE 1.7% · debt/equity 396.67×

80% evidence

5.6/20Valuation

P/E 15.7× · PEG 2.77

65% evidence

7.0/20Relative strength

RS sector -8% · RS bench 10.2% · 1Y 30.2%

100% evidence

14. CVR Energy, Inc. · CVI

35.3/100 · Mixed-negative evidence · 75% evidence

Exact sum: 13.8 + 5.2 + 12 + 4.3 = 35.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

13.8/35Growth & earnings

Revenue 1.4% · PAT — · OPM change 0.7 pp

62% evidence

5.2/25Capital efficiency

ROCE -5% · debt/equity 2.41×

80% evidence

12.0/20Valuation

P/E 94.2× · PEG 0.34

65% evidence

4.3/20Relative strength

RS sector -14.4% · RS bench 2.6% · 1Y 34.6%

100% evidence

15. Icahn Enterprises L.P. · IEP

31.5/100 · Adverse evidence · 65% evidence

Exact sum: 16.9 + 4.4 + 8.5 + 1.7 = 31.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.9/35Growth & earnings

Revenue 6.2% · PAT — · OPM change 5.8 pp

62% evidence

4.4/25Capital efficiency

ROCE -4.2% · debt/equity 2.72×

80% evidence

8.5/20Valuation

P/E 277.5× · PEG —

15% evidence

1.7/20Relative strength

RS sector -24.3% · RS bench -8.6% · 1Y -12.8%

100% evidence

16. ARKO Petroleum Corp. · APC

46.8/100 · Thin evidence · provisional · 34% evidence

Exact sum: 16 + 10.8 + 10 + 10 = 46.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.0/35Growth & earnings

Revenue — · PAT — · OPM change 0.3 pp

39% evidence

10.8/25Capital efficiency

ROCE 3.6% · debt/equity 3.09×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Marathon Petroleum Corporation has the highest Revenue among the 16 Oil & Gas Refining & Marketing companies compared here, at $135,382 million. Phillips 66 is next at $134,486 million. Sunoco LP has the highest Revenue growth at 37.3%, so level and change sit with different companies. 14 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Marathon Petroleum Corporation is the scale leader at $135,382 million, 0.7% ahead of Phillips 66. Sunoco LP's growth is 37.3% from a $30,712 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderMarathon Petroleum Corporation · $135,382 million
Gap0.7% versus #2 · Phillips 66
Persistence2/8 recent comparable periods
Coverage14/16 companies · 291 observations

Investor read: Marathon Petroleum Corporation is the scale benchmark; Sunoco LP is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Marathon Petroleum Corporation's growth falls below Sunoco LP's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Marathon Petroleum Corporation MPC$135.4B
2Phillips 66 PSX$134.5B
3Valero Energy Corporation VLO$124.8B
4Sunoco LP SUN$30.7B
5PBF Energy Inc. PBF$30.2B
Revenue growthfastest growers
1Sunoco LP SUN37%
2Delek Logistics Partners, LP DKL13%
3Icahn Enterprises L.P. IEP6.2%
4Clean Energy Fuels Corp. CLNE5.5%
5Star Group, L.P. SGU3.2%
Revenue · company comparison
14/16 level · 14/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Marathon Petroleum Corporation MPC$34.2B8.5%Mar 2026
Phillips 66 PSX$32.5B6.9%Mar 2026
Valero Energy Corporation VLO$32.4B7.0%Mar 2026
Sunoco LP SUN$10.7B106%Mar 2026
World Kinect Corporation WKC$9.7B2.5%Jun 2026
PBF Energy Inc. PBF$7.9B12%Mar 2026
HF Sinclair Corporation DINO$7.1B12%Mar 2026
Delek US Holdings, Inc. DK$2.7B0.4%Mar 2026
Icahn Enterprises L.P. IEP$2.2B18%Mar 2026
CVR Energy, Inc. CVI$2.0B20%Mar 2026
Par Pacific Holdings, Inc. PARR$1.8B4.5%Mar 2026
ARKO Petroleum Corp. APC$1.3B-0.2%Mar 2026
CrossAmerica Partners LP CAPL$842M-2.3%Mar 2026
Star Group, L.P. SGU$767M3.2%Mar 2026
Delek Logistics Partners, LP DKL$297M19%Mar 2026
Clean Energy Fuels Corp. CLNE$118M13%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$1.9B
$2.1B
$2.4B
$3.1B
$2.7B
$2.7B
$2.3B
$2.2B
$2.5B
$2.2B
$1.9B
$2.0B
$1.8B
$1.9B
$1.6B
$1.8B
$1.9B
$1.8B
$2.0B

Delek Logistics Partners, LP · DKL

$190M
$190M
$207M
$267M
$294M
$269M
$244M
$247M
$276M
$254M
$252M
$265M
$214M
$210M
$250M
$246M
$261M
$256M
$297M

Delek US Holdings, Inc. · DK

$3.0B
$3.1B
$4.5B
$6.0B
$5.3B
$4.0B
$3.9B
$4.2B
$4.6B
$3.9B
$3.1B
$3.3B
$3.0B
$2.4B
$2.6B
$2.8B
$2.9B
$2.4B
$2.7B

HF Sinclair Corporation · DINO

$4.7B
$5.6B
$7.5B
$11.2B
$10.6B
$9.0B
$7.6B
$7.8B
$8.9B
$7.7B
$7.0B
$7.8B
$7.2B
$6.5B
$6.4B
$6.8B
$7.3B
$6.5B
$7.1B

Icahn Enterprises L.P. · IEP

$2.6B
$2.3B
$4.1B
$3.5B
$3.4B
$3.2B
$2.7B
$2.6B
$3.0B
$2.7B
$2.5B
$2.2B
$2.8B
$2.6B
$1.9B
$2.4B
$2.7B
$2.7B
$2.2B

Marathon Petroleum Corporation · MPC

$32.3B
$35.3B
$38.1B
$53.8B
$45.8B
$39.8B
$34.9B
$36.3B
$40.9B
$36.3B
$32.7B
$37.9B
$35.1B
$33.1B
$31.5B
$33.8B
$34.8B
$32.6B
$34.2B

Par Pacific Holdings, Inc. · PARR

$1.3B
$1.3B
$1.4B
$2.1B
$2.1B
$1.8B
$1.7B
$1.8B
$2.6B
$2.2B
$2.0B
$2.0B
$2.1B
$1.8B
$1.7B
$1.9B
$2.0B
$1.8B
$1.8B

PBF Energy Inc. · PBF

$7.2B
$8.2B
$9.1B
$14.1B
$12.8B
$10.8B
$9.3B
$9.2B
$10.7B
$9.1B
$8.6B
$8.7B
$8.4B
$7.4B
$7.1B
$7.5B
$7.7B
$7.1B
$7.9B

Phillips 66 · PSX

$30.2B
$32.6B
$36.2B
$48.6B
$45.0B
$40.3B
$34.4B
$35.1B
$39.6B
$38.3B
$35.8B
$38.1B
$35.5B
$33.7B
$30.4B
$33.3B
$34.5B
$34.1B
$32.5B

Sunoco LP · SUN

$4.8B
$5.0B
$5.4B
$7.8B
$6.6B
$5.9B
$5.4B
$5.7B
$6.3B
$5.6B
$5.5B
$6.2B
$5.8B
$5.3B
$5.2B
$5.4B
$6.0B
$8.6B
$10.7B

Valero Energy Corporation · VLO

$29.5B
$35.9B
$38.5B
$51.6B
$44.5B
$41.7B
$36.4B
$34.5B
$38.4B
$35.4B
$31.8B
$34.5B
$32.9B
$30.8B
$30.3B
$29.9B
$32.2B
$30.4B
$32.4B

World Kinect Corporation · WKC

$8.4B
$9.9B
$12.4B
$17.1B
$15.7B
$13.9B
$12.5B
$11.0B
$12.2B
$12.0B
$11.0B
$11.0B
$10.5B
$9.8B
$9.5B
$9.0B
$9.4B
$9.0B
$9.7B

Revenue growth · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

76%
43%
27%
-3.7%
-29%
-6.6%
-18%
-19%
-12%
-27%
-12%
-12%
-10%
6.1%
-7.0%
20%

Delek Logistics Partners, LP · DKL

59%
55%
42%
18%
-7.5%
-6.1%
-5.6%
3.3%
7.3%
-22%
-17%
-0.8%
-7.2%
22%
22%
19%

Delek US Holdings, Inc. · DK

173%
80%
30%
-12%
-30%
-13%
-2.3%
-20%
-21%
-34%
-40%
-16%
-16%
-5.1%
2.3%
0.4%

HF Sinclair Corporation · DINO

144%
126%
60%
1.4%
-30%
-16%
-15%
-7.1%
0.2%
-19%
-15%
-9.4%
-14%
0.6%
-0.6%
12%

Icahn Enterprises L.P. · IEP

17%
29%
38%
-35%
-27%
-12%
-16%
-7.6%
-14%
-7.3%
-5.1%
-24%
7.6%
-2.4%
5.4%
18%

Marathon Petroleum Corporation · MPC

82%
42%
13%
-8.4%
-32%
-11%
-8.9%
-6.2%
4.3%
-14%
-8.6%
-3.6%
-11%
-0.9%
-1.7%
8.5%

Par Pacific Holdings, Inc. · PARR

73%
57%
40%
25%
-15%
25%
21%
18%
13%
-17%
-16%
-12%
-6.2%
-6.1%
-1.0%
4.5%

PBF Energy Inc. · PBF

104%
78%
32%
1.7%
-35%
-16%
-16%
-7.0%
-4.6%
-22%
-20%
-18%
-14%
-8.7%
-2.9%
12%

Phillips 66 · PSX

80%
49%
24%
-4.9%
-28%
-12%
-5.0%
4.1%
8.7%
-10%
-12%
-15%
-13%
-2.9%
1.3%
6.9%

Sunoco LP · SUN

78%
38%
19%
-0.7%
-26%
-4.2%
-4.7%
2.6%
7.5%
-9.0%
-6.6%
-5.8%
-13%
4.9%
63%
106%

Valero Energy Corporation · VLO

86%
51%
16%
-5.5%
-33%
-14%
-15%
-13%
-0.1%
-14%
-13%
-4.7%
-13%
-2.2%
-1.3%
7.0%

World Kinect Corporation · WKC

142%
88%
40%
0.8%
-36%
-22%
-14%
-12%
-0.2%
-14%
-19%
-14%
-18%
-10%
-7.5%
2.5%
02 · compare level, then change

Operating Economics & Margin Trend

Star Group, L.P. has the highest OPM among the 16 Oil & Gas Refining & Marketing companies compared here, at 20.5%. Delek Logistics Partners, LP is next at 13.4%. Clean Energy Fuels Corp. has the highest Margin change at +119.2 percentage points, so level and change sit with different companies.

What the numbers say: Star Group, L.P. leads opm at 20.5%; Clean Energy Fuels Corp. leads margin change at +119.2 percentage points.

LeaderStar Group, L.P. · 20.5%
Gap53% versus #2 · Delek Logistics Partners, LP
Persistence5/8 recent comparable periods
Coverage16/16 companies · 291 observations

Investor read: Star Group, L.P. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Star Group, L.P. SGU21%
2Delek Logistics Partners, LP DKL13%
3HF Sinclair Corporation DINO12%
4Sunoco LP SUN8.1%
5Valero Energy Corporation VLO5.3%
Margin changefastest expanders
1Clean Energy Fuels Corp. CLNE+119.2 pp
2PBF Energy Inc. PBF+11.0 pp
3HF Sinclair Corporation DINO+10.6 pp
4Valero Energy Corporation VLO+8.3 pp
5Icahn Enterprises L.P. IEP+5.8 pp
Operating margin · company comparison
16/16 level · 16/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Star Group, L.P. SGU21%+3.6 ppMar 2026
Delek Logistics Partners, LP DKL13%−5.6 ppMar 2026
HF Sinclair Corporation DINO12%+10.6 ppMar 2026
Sunoco LP SUN8.1%+2.4 ppMar 2026
Valero Energy Corporation VLO5.3%+8.3 ppMar 2026
Marathon Petroleum Corporation MPC4.1%+1.9 ppMar 2026
PBF Energy Inc. PBF3.8%+11.0 ppMar 2026
Par Pacific Holdings, Inc. PARR3.6%+4.5 ppMar 2026
CrossAmerica Partners LP CAPL2.8%+2.6 ppMar 2026
ARKO Petroleum Corp. APC1.5%+0.3 ppMar 2026
World Kinect Corporation WKC0.6%+0.7 ppJun 2026
Phillips 66 PSX0.3%+1.7 ppMar 2026
Clean Energy Fuels Corp. CLNE-2.5%+119.2 ppMar 2026
Delek US Holdings, Inc. DK-6.8%−2.0 ppMar 2026
CVR Energy, Inc. CVI-7.3%+0.7 ppMar 2026
Icahn Enterprises L.P. IEP-22%+5.8 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

9.3%
1.9%
9.3%
13%
3.8%
8.8%
14%
10%
18%
-1.9%
6.6%
1.4%
-6.2%
1.1%
-8.0%
-5.8%
26%
-5.2%
-7.3%

Delek Logistics Partners, LP · DKL

27%
26%
23%
16%
20%
23%
26%
24%
23%
21%
26%
26%
15%
18%
19%
21%
17%
14%
13%

Delek US Holdings, Inc. · DK

1.3%
0.8%
1.0%
8.2%
1.0%
-2.6%
3.6%
1.2%
4.6%
-3.7%
0.9%
0.1%
-4.0%
-17%
-4.8%
-1.2%
10%
6.8%
-6.8%

HF Sinclair Corporation · DINO

6.3%
-0.4%
3.1%
15%
13%
9.2%
6.7%
9.0%
12%
-1.0%
5.8%
2.5%
-1.7%
-3.5%
1.3%
4.1%
7.8%
0.1%
12%

Icahn Enterprises L.P. · IEP

-2.7%
-35%
27%
-3.8%
-2.4%
-7.1%
-6.3%
-10%
7.8%
-1.6%
5.5%
-16%
7.6%
0.2%
-28%
-4.6%
25%
5.6%
-22%

Marathon Petroleum Corporation · MPC

3.2%
4.3%
4.5%
16%
15%
11%
12%
9.1%
12%
6.6%
5.5%
6.7%
3.8%
3.4%
2.2%
6.5%
7.8%
8.3%
4.1%

Par Pacific Holdings, Inc. · PARR

7.5%
1.8%
-9.0%
8.3%
14%
5.6%
16%
2.6%
7.6%
8.0%
0.5%
2.4%
1.7%
-2.6%
-0.9%
5.1%
18%
5.5%
3.6%

PBF Energy Inc. · PBF

1.4%
3.5%
1.0%
12%
11%
-82%
5.7%
15%
10%
-98%
1.7%
-0.9%
-4.6%
-3.0%
-7.2%
0.6%
3.7%
-16%
3.8%

Phillips 66 · PSX

-2.1%
2.5%
1.2%
7.3%
7.8%
5.2%
6.3%
5.3%
5.9%
4.0%
1.6%
2.0%
0.0%
-0.2%
-1.4%
3.6%
0.0%
4.5%
0.3%

Sunoco LP · SUN

3.2%
3.6%
4.8%
2.2%
2.3%
1.6%
3.7%
2.5%
5.3%
-0.8%
5.4%
2.4%
1.9%
4.5%
5.7%
3.8%
4.2%
2.1%
8.1%

Valero Energy Corporation · VLO

2.3%
4.4%
3.6%
12%
8.5%
10%
11%
8.0%
9.1%
4.4%
5.3%
3.5%
1.5%
1.1%
-3.0%
3.3%
4.7%
5.2%
5.3%

World Kinect Corporation · WKC

0.5%
0.3%
0.3%
0.3%
0.6%
0.6%
0.5%
0.7%
0.6%
-0.1%
0.6%
0.4%
0.7%
0.3%
-0.1%
-3.8%
0.7%
-3.1%
0.6%

Margin change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

+12.5 pp
−5.5 pp
+6.9 pp
+5.1 pp
−2.8 pp
+13.8 pp
−10.7 pp
−7.8 pp
−8.6 pp
−23.8 pp
+3.0 pp
−14.6 pp
−7.2 pp
+32.5 pp
−6.3 pp
+0.7 pp

Delek Logistics Partners, LP · DKL

−12.9 pp
−6.6 pp
−3.1 pp
+3.6 pp
+8.5 pp
+2.6 pp
−2.2 pp
−0.7 pp
+1.6 pp
−7.8 pp
−2.6 pp
−6.6 pp
−4.6 pp
+2.5 pp
−3.9 pp
−5.6 pp

Delek US Holdings, Inc. · DK

+12.1 pp
−0.3 pp
−3.4 pp
+2.6 pp
−7.0 pp
+3.6 pp
−1.1 pp
−2.7 pp
−1.1 pp
−8.6 pp
−13.3 pp
−5.7 pp
−1.3 pp
+14.2 pp
+23.8 pp
−2.0 pp

HF Sinclair Corporation · DINO

+7.6 pp
+6.2 pp
+9.6 pp
+3.6 pp
−5.9 pp
−0.5 pp
−10.2 pp
−0.9 pp
−6.5 pp
−13.7 pp
−2.5 pp
−4.5 pp
+1.6 pp
+9.5 pp
+3.6 pp
+10.6 pp

Icahn Enterprises L.P. · IEP

−9.0 pp
+0.3 pp
+27.7 pp
−33.6 pp
−6.4 pp
+10.2 pp
+5.5 pp
+11.8 pp
−5.3 pp
−0.2 pp
+1.8 pp
−33.2 pp
+10.9 pp
+17.0 pp
+5.4 pp
+5.8 pp

Marathon Petroleum Corporation · MPC

+13.0 pp
+11.4 pp
+6.9 pp
+7.1 pp
−6.4 pp
−3.0 pp
−4.6 pp
−6.1 pp
−2.4 pp
−7.8 pp
−3.2 pp
−3.3 pp
−0.2 pp
+4.0 pp
+4.9 pp
+1.9 pp

Par Pacific Holdings, Inc. · PARR

+15.2 pp
+6.3 pp
+3.8 pp
+24.5 pp
−5.7 pp
−6.2 pp
+2.4 pp
−15.0 pp
−0.2 pp
−5.9 pp
−10.6 pp
−1.4 pp
+2.7 pp
+16.1 pp
+8.1 pp
+4.5 pp

PBF Energy Inc. · PBF

+10.0 pp
+9.6 pp
−85.8 pp
+4.7 pp
+3.1 pp
−1.0 pp
−15.8 pp
−4.0 pp
−16.1 pp
−14.6 pp
+95.1 pp
−8.9 pp
+1.5 pp
+8.3 pp
−12.8 pp
+11.0 pp

Phillips 66 · PSX

+8.4 pp
+9.9 pp
+2.7 pp
+5.1 pp
−2.0 pp
−1.9 pp
−1.2 pp
−4.7 pp
−3.3 pp
−5.9 pp
−4.2 pp
−3.0 pp
+1.6 pp
0.0 pp
+4.7 pp
+1.7 pp

Sunoco LP · SUN

−2.7 pp
−0.9 pp
−2.0 pp
−1.1 pp
+0.3 pp
+3.0 pp
−2.4 pp
+1.7 pp
−0.1 pp
−3.4 pp
+5.3 pp
+0.3 pp
+1.4 pp
+2.3 pp
−2.4 pp
+2.4 pp

Valero Energy Corporation · VLO

+10.2 pp
+6.2 pp
+5.9 pp
+7.5 pp
−4.0 pp
+0.6 pp
−5.9 pp
−5.8 pp
−4.5 pp
−7.6 pp
−3.3 pp
−8.3 pp
−0.2 pp
+3.2 pp
+4.1 pp
+8.3 pp

World Kinect Corporation · WKC

−0.1 pp
+0.1 pp
+0.3 pp
+0.2 pp
+0.4 pp
0.0 pp
−0.7 pp
+0.1 pp
−0.3 pp
+0.1 pp
+0.4 pp
−0.7 pp
−4.2 pp
0.0 pp
−3.4 pp
+0.7 pp
03 · compare level, then change

Profit Scale & Acceleration

Marathon Petroleum Corporation has the highest Net profit among the 16 Oil & Gas Refining & Marketing companies compared here, at $6,383 million. Phillips 66 is next at $4,221 million. Phillips 66 has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Marathon Petroleum Corporation leads with $6,383 million of TTM profit, 51.2% above Phillips 66. Phillips 66 shows ≥100% on the scoring scale (117.6% uncapped) growth from a $4,221 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderMarathon Petroleum Corporation · $6,383 million
Gap51.2% versus #2 · Phillips 66
Persistence3/8 recent comparable periods
Coverage14/16 companies · 291 observations

Investor read: Marathon Petroleum Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Marathon Petroleum Corporation MPC$6.4B
2Phillips 66 PSX$4.2B
3Valero Energy Corporation VLO$4.2B
4HF Sinclair Corporation DINO$1.2B
5Sunoco LP SUN$964M
Profit growthfastest growers
1Phillips 66 PSX100%
2Marathon Petroleum Corporation MPC56%
3Star Group, L.P. SGU34%
4Delek Logistics Partners, LP DKL14%
5Sunoco LP SUN13%
Net profit · company comparison
14/16 level · 5/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Valero Energy Corporation VLO$1.3B227%Mar 2026
Marathon Petroleum Corporation MPC$851M146%Mar 2026
HF Sinclair Corporation DINO$650M36%Mar 2026
Sunoco LP SUN$644M211%Mar 2026
Phillips 66 PSX$219M-58%Mar 2026
PBF Energy Inc. PBF$200M-476%Mar 2026
Star Group, L.P. SGU$108M26%Mar 2026
Par Pacific Holdings, Inc. PARR$46M3,657%Mar 2026
Delek Logistics Partners, LP DKL$32M-18%Mar 2026
World Kinect Corporation WKC$26M-20%Jun 2026
CrossAmerica Partners LP CAPL$11M-41%Mar 2026
ARKO Petroleum Corp. APC$8M60%Mar 2026
Clean Energy Fuels Corp. CLNE$-12MMar 2026
CVR Energy, Inc. CVI$-160M-390%Mar 2026
Delek US Holdings, Inc. DK$-191M-207%Mar 2026
Icahn Enterprises L.P. IEP$-563M414%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$106M
$25M
$153M
$239M
$80M
$172M
$259M
$168M
$354M
$97M
$90M
$38M
$-122M
$40M
$-105M
$-90M
$401M
$-116M
$-160M

Delek Logistics Partners, LP · DKL

$44M
$42M
$40M
$32M
$45M
$43M
$37M
$32M
$35M
$22M
$33M
$41M
$34M
$35M
$39M
$45M
$46M
$47M
$32M

Delek US Holdings, Inc. · DK

$21M
$-5M
$15M
$369M
$17M
$-102M
$72M
$-2M
$126M
$-163M
$-28M
$-34M
$-135M
$-401M
$-158M
$-89M
$195M
$98M
$-191M

HF Sinclair Corporation · DINO

$303M
$-17M
$185M
$1.3B
$978M
$625M
$385M
$534M
$825M
$-34M
$317M
$154M
$-74M
$-212M
$-2M
$210M
$405M
$-27M
$650M

Icahn Enterprises L.P. · IEP

$-211M
$-826M
$885M
$-287M
$-215M
$-408M
$-358M
$-419M
$-30M
$-205M
$-26M
$-486M
$80M
$-110M
$-580M
$-201M
$411M
$44M
$-563M

Marathon Petroleum Corporation · MPC

$1.0B
$1.1B
$1.2B
$6.2B
$5.0B
$3.6B
$3.1B
$2.6B
$3.6B
$1.9B
$1.3B
$2.0B
$1.0B
$785M
$346M
$1.6B
$1.9B
$2.0B
$851M

Par Pacific Holdings, Inc. · PARR

$82M
$8M
$-137M
$149M
$267M
$85M
$238M
$30M
$171M
$289M
$-4M
$19M
$7M
$-56M
$-30M
$59M
$263M
$75M
$46M

PBF Energy Inc. · PBF

$79M
$189M
$-3M
$1.2B
$1.1B
$656M
$386M
$1.0B
$794M
$-48M
$108M
$-66M
$-289M
$-293M
$-406M
$-5M
$172M
$79M
$200M

Phillips 66 · PSX

$488M
$1.4B
$657M
$3.2B
$5.5B
$2.0B
$2.1B
$1.7B
$2.1B
$1.3B
$761M
$1.0B
$369M
$25M
$526M
$908M
$167M
$2.9B
$219M

Sunoco LP · SUN

$104M
$100M
$216M
$121M
$83M
$55M
$141M
$87M
$272M
$-106M
$230M
$501M
$2M
$141M
$207M
$86M
$137M
$97M
$644M

Valero Energy Corporation · VLO

$508M
$1.1B
$967M
$4.8B
$2.9B
$3.2B
$3.1B
$2.1B
$2.7B
$1.2B
$1.3B
$926M
$393M
$357M
$-652M
$663M
$1.1B
$1.2B
$1.3B

World Kinect Corporation · WKC

$22M
$16M
$26M
$25M
$44M
$21M
$23M
$31M
$36M
$-35M
$27M
$107M
$35M
$-101M
$-21M
$-339M
$28M
$-280M
$26M

Profit growth · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

-25%
588%
69%
-30%
343%
-44%
-65%
-77%
-134%
-59%
-217%
-337%
-390%

Delek Logistics Partners, LP · DKL

-26%
2.3%
2.4%
-7.5%
0.0%
-22%
-49%
-11%
28%
-2.9%
59%
18%
9.8%
35%
34%
-18%

Delek US Holdings, Inc. · DK

-19%
380%
-101%
641%
-139%
-207%

HF Sinclair Corporation · DINO

543%
223%
108%
-57%
-16%
-105%
-18%
-71%
-109%
-101%
36%

Icahn Enterprises L.P. · IEP

-140%
414%

Marathon Petroleum Corporation · MPC

957%
387%
223%
163%
-59%
-28%
-47%
-57%
-24%
-72%
-58%
-74%
-18%
91%
152%
146%

Par Pacific Holdings, Inc. · PARR

226%
963%
-80%
-36%
240%
-102%
-37%
-96%
-119%
211%
3,657%

PBF Energy Inc. · PBF

1,666%
1,272%
247%
-17%
-27%
-107%
-72%
-106%
-136%
-476%

Phillips 66 · PSX

751%
1,035%
47%
216%
-46%
-61%
-36%
-63%
-41%
-83%
-98%
-31%
-11%
-55%
11,608%
-58%

Sunoco LP · SUN

-27%
-20%
-45%
-35%
-28%
228%
-293%
63%
476%
-99%
-10%
-83%
6,750%
-31%
211%

Valero Energy Corporation · VLO

1,533%
473%
191%
225%
-55%
-8.6%
-62%
-58%
-56%
-85%
-71%
-149%
-28%
171%
227%

World Kinect Corporation · WKC

39%
100%
31%
-12%
24%
-18%
-267%
17%
245%
-2.8%
-178%
-417%
-20%
04 · compare level, then change

Capacity Spending & Returns On It

Marathon Petroleum Corporation has the highest CAPEX among the 16 Oil & Gas Refining & Marketing companies compared here, at $913 million. Phillips 66 is next at $582 million. Delek Logistics Partners, LP has the highest CAPEX intensity at 16.5%, so level and change sit with different companies. Its CAPEX series carries 19 reported observations across the 20-quarter window.

What the numbers say: Marathon Petroleum Corporation reports $913 million of CAPEX; Delek Logistics Partners, LP has the highest covered intensity at 16.5%. Coverage is only 16 of 16 companies and 287 reported observations, so this is partial evidence—not a complete sector rank.

LeaderMarathon Petroleum Corporation · $913 million
Gap56.9% versus #2 · Phillips 66
Persistence8/8 recent comparable periods
Coverage16/16 companies · 287 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Marathon Petroleum Corporation MPC$913M
2Phillips 66 PSX$582M
3Valero Energy Corporation VLO$448M
4PBF Energy Inc. PBF$349M
5Sunoco LP SUN$199M
CAPEX intensityhighest reinvestment intensity
1Delek Logistics Partners, LP DKL17%
2Delek US Holdings, Inc. DK7.1%
3Clean Energy Fuels Corp. CLNE5.9%
4Icahn Enterprises L.P. IEP5.2%
5PBF Energy Inc. PBF4.4%
Capital expenditure · company comparison
16/16 level · 16/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Marathon Petroleum Corporation MPC$913M2.7%Mar 2026
Phillips 66 PSX$582M1.8%Mar 2026
Valero Energy Corporation VLO$448M1.4%Mar 2026
PBF Energy Inc. PBF$349M4.4%Mar 2026
Sunoco LP SUN$199M1.9%Mar 2026
Delek US Holdings, Inc. DK$188M7.1%Mar 2026
Icahn Enterprises L.P. IEP$114M5.2%Mar 2026
HF Sinclair Corporation DINO$102M1.4%Mar 2026
Delek Logistics Partners, LP DKL$49M17%Mar 2026
CVR Energy, Inc. CVI$47M2.4%Mar 2026
Par Pacific Holdings, Inc. PARR$43M2.4%Mar 2026
World Kinect Corporation WKC$14M0.1%Jun 2026
Clean Energy Fuels Corp. CLNE$7M5.9%Mar 2026
ARKO Petroleum Corp. APC$6M0.4%Mar 2026
CrossAmerica Partners LP CAPL$3M0.4%Mar 2026
Star Group, L.P. SGU$3M0.4%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$63M
$38M
$41M
$115M
$63M
$55M
$53M
$97M
$53M
$59M
$59M
$75M
$36M
$62M
$94M
$189M
$43M
$56M
$47M

Delek Logistics Partners, LP · DKL

$4M
$12M
$11M
$25M
$41M
$64M
$28M
$28M
$3M
$38M
$11M
$15M
$57M
$46M
$55M
$114M
$67M
$31M
$49M

Delek US Holdings, Inc. · DK

$30M
$59M
$30M
$69M
$95M
$119M
$211M
$66M
$61M
$72M
$38M
$80M
$119M
$191M
$136M
$166M
$108M
$120M
$188M

HF Sinclair Corporation · DINO

$216M
$265M
$158M
$159M
$100M
$99M
$100M
$72M
$81M
$124M
$89M
$84M
$124M
$173M
$86M
$111M
$121M
$131M
$102M

Icahn Enterprises L.P. · IEP

$82M
$68M
$70M
$152M
$106M
$93M
$66M
$115M
$73M
$106M
$80M
$98M
$60M
$95M
$131M
$244M
$87M
$76M
$114M

Marathon Petroleum Corporation · MPC

$377M
$481M
$495M
$498M
$701M
$726M
$457M
$481M
$420M
$532M
$585M
$487M
$651M
$810M
$663M
$695M
$947M
$1.2B
$913M

Par Pacific Holdings, Inc. · PARR

$7M
$9M
$16M
$13M
$9M
$15M
$13M
$18M
$23M
$29M
$23M
$37M
$28M
$88M
$41M
$48M
$32M
$28M
$43M

PBF Energy Inc. · PBF

$57M
$107M
$118M
$108M
$165M
$242M
$240M
$207M
$131M
$140M
$54M
$102M
$111M
$156M
$149M
$349M

Phillips 66 · PSX

$552M
$597M
$370M
$376M
$735M
$713M
$378M
$551M
$855M
$634M
$628M
$367M
$358M
$506M
$423M
$587M
$541M
$682M
$582M

Sunoco LP · SUN

$44M
$82M
$26M
$29M
$42M
$89M
$37M
$50M
$45M
$83M
$41M
$70M
$101M
$132M
$101M
$160M
$157M
$159M
$199M

Valero Energy Corporation · VLO

$586M
$751M
$843M
$652M
$602M
$640M
$524M
$458M
$394M
$540M
$661M
$420M
$429M
$547M
$659M
$407M
$409M
$410M
$448M

World Kinect Corporation · WKC

$14M
$11M
$17M
$21M
$19M
$22M
$19M
$28M
$21M
$20M
$18M
$15M
$18M
$18M
$15M
$15M
$14M
$21M
$14M
$14M

CAPEX intensity · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

3.3%
1.8%
1.7%
3.7%
2.3%
2.1%
2.3%
4.3%
2.1%
2.7%
3.2%
3.8%
2.0%
3.2%
5.7%
11%
2.2%
3.1%
2.4%

Delek Logistics Partners, LP · DKL

2.1%
6.3%
5.3%
9.4%
14%
24%
12%
11%
1.1%
15%
4.4%
5.7%
27%
22%
22%
46%
26%
12%
17%

Delek US Holdings, Inc. · DK

1.0%
1.9%
0.7%
1.2%
1.8%
2.9%
5.4%
1.6%
1.3%
1.8%
1.2%
2.4%
3.9%
8.0%
5.1%
6.0%
3.7%
4.9%
7.1%

HF Sinclair Corporation · DINO

4.6%
4.7%
2.1%
1.4%
0.9%
1.1%
1.3%
0.9%
0.9%
1.6%
1.3%
1.1%
1.7%
2.7%
1.4%
1.6%
1.7%
2.0%
1.4%

Icahn Enterprises L.P. · IEP

3.1%
2.9%
1.7%
4.3%
3.1%
2.9%
2.5%
4.5%
2.4%
3.9%
3.2%
4.5%
2.1%
3.7%
7.0%
10%
3.2%
2.8%
5.2%

Marathon Petroleum Corporation · MPC

1.2%
1.4%
1.3%
0.9%
1.5%
1.8%
1.3%
1.3%
1.0%
1.5%
1.8%
1.3%
1.9%
2.4%
2.1%
2.1%
2.7%
3.6%
2.7%

Par Pacific Holdings, Inc. · PARR

0.5%
0.7%
1.2%
0.6%
0.4%
0.8%
0.8%
1.0%
0.9%
1.3%
1.2%
1.8%
1.3%
4.8%
2.3%
2.5%
1.6%
1.5%
2.4%

PBF Energy Inc. · PBF

0.8%
1.3%
1.3%
0.8%
1.3%
2.2%
2.6%
2.3%
1.2%
1.6%
0.6%
1.2%
1.6%
2.1%
1.9%
4.4%

Phillips 66 · PSX

1.8%
1.8%
1.0%
0.8%
1.6%
1.8%
1.1%
1.6%
2.2%
1.7%
1.8%
1.0%
1.0%
1.5%
1.4%
1.8%
1.6%
2.0%
1.8%

Sunoco LP · SUN

0.9%
1.7%
0.5%
0.4%
0.6%
1.5%
0.7%
0.9%
0.7%
1.5%
0.7%
1.1%
1.8%
2.5%
2.0%
3.0%
2.6%
1.8%
1.9%

Valero Energy Corporation · VLO

2.0%
2.1%
2.2%
1.3%
1.4%
1.5%
1.4%
1.3%
1.0%
1.5%
2.1%
1.2%
1.3%
1.8%
2.2%
1.4%
1.3%
1.3%
1.4%

World Kinect Corporation · WKC

0.2%
0.1%
0.1%
0.1%
0.1%
0.2%
0.2%
0.3%
0.2%
0.2%
0.2%
0.1%
0.2%
0.2%
0.2%
0.2%
0.1%
0.2%
0.1%
Annual capital allocation · 5-year view
16/16 capacity base · 16/16 OCF · 16/16 CAPEX · 16/16 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$2.3B
$2.2B
$2.2B
$2.2B
$2.1B

PBF Energy Inc. · PBF

$5.6B
$6.0B
$5.8B
$5.9B
$6.3B

Phillips 66 · PSX

$22.4B
$35.2B
$35.7B
$35.3B
$39.1B

Sunoco LP · SUN

$2.2B
$2.3B
$2.3B
$8.2B
$14.9B

Operating cash flow · fiscal-year history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$396M
$967M
$948M
$404M
$608M

PBF Energy Inc. · PBF

$477M
$4.8B
$1.3B
$43M
$-78M

Phillips 66 · PSX

$6.0B
$10.8B
$7.0B
$4.2B
$5.0B

Sunoco LP · SUN

$543M
$561M
$600M
$549M
$1.2B

CAPEX · reported cash flow · fiscal-year history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$229M
$274M
$262M
$232M
$382M

PBF Energy Inc. · PBF

$249M
$633M
$660M
$391M
$705M

Phillips 66 · PSX

$1.9B
$1.9B
$2.2B
$1.9B
$2.2B

Sunoco LP · SUN

$174M
$186M
$215M
$344M
$577M

Free cash flow · fiscal-year history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$167M
$693M
$686M
$172M
$226M

PBF Energy Inc. · PBF

$228M
$4.1B
$679M
$-348M
$-783M

Phillips 66 · PSX

$4.2B
$8.9B
$4.9B
$2.3B
$2.7B

Sunoco LP · SUN

$369M
$375M
$385M
$205M
$615M
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Clean Energy Fuels Corp. has the lowest Gross debt among the 16 Oil & Gas Refining & Marketing companies compared here, at $324 million. Star Group, L.P. is next at $362 million. The same company also holds the lowest Net debt, at $196 million. 16 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Clean Energy Fuels Corp. has the clearest covered balance-sheet capacity with $196 million and gross debt of $324 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderClean Energy Fuels Corp. · $324 million
Gap10.5% versus #2 · Star Group, L.P.
Persistence0/8 recent comparable periods
Coverage16/16 companies · 293 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Clean Energy Fuels Corp. CLNE$324M
2Star Group, L.P. SGU$362M
3World Kinect Corporation WKC$745M
4ARKO Petroleum Corp. APC$755M
5CrossAmerica Partners LP CAPL$847M
Net debtlowest net debt
1Clean Energy Fuels Corp. CLNE$196M
2Star Group, L.P. SGU$350M
3World Kinect Corporation WKC$610M
4ARKO Petroleum Corp. APC$733M
5CrossAmerica Partners LP CAPL$840M
Debt and balance-sheet capacity · company comparison
16/16 level · 16/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Marathon Petroleum Corporation MPC$34.3B$32.2BMar 2026
Phillips 66 PSX$27.1B$22.0BMar 2026
Sunoco LP SUN$15.4B$14.7BMar 2026
Valero Energy Corporation VLO$11.5B$5.8BMar 2026
Icahn Enterprises L.P. IEP$6.4B$3.1BMar 2026
PBF Energy Inc. PBF$3.6B$3.0BMar 2026
Delek US Holdings, Inc. DK$3.3B$2.6BMar 2026
HF Sinclair Corporation DINO$3.2B$2.0BMar 2026
Delek Logistics Partners, LP DKL$2.3B$2.3BMar 2026
CVR Energy, Inc. CVI$1.8B$1.3BMar 2026
Par Pacific Holdings, Inc. PARR$1.6B$1.5BMar 2026
CrossAmerica Partners LP CAPL$847M$840MMar 2026
ARKO Petroleum Corp. APC$755M$733MMar 2026
World Kinect Corporation WKC$745M$610MJun 2026
Star Group, L.P. SGU$362M$350MMar 2026
Clean Energy Fuels Corp. CLNE$324M$196MMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$1.7B
$1.7B
$1.6B
$1.6B
$1.6B
$1.6B
$1.6B
$1.6B
$1.6B
$2.2B
$1.6B
$1.6B
$1.6B
$1.9B
$1.9B
$1.8B
$1.8B
$1.8B
$1.8B

Delek Logistics Partners, LP · DKL

$924M
$920M
$925M
$1.5B
$1.5B
$1.7B
$1.7B
$1.8B
$1.8B
$1.7B
$1.6B
$1.6B
$1.9B
$1.9B
$2.2B
$2.2B
$2.3B
$2.4B
$2.3B

Delek US Holdings, Inc. · DK

$2.4B
$2.4B
$2.4B
$3.0B
$2.9B
$3.2B
$3.0B
$3.0B
$2.8B
$2.7B
$2.7B
$2.6B
$2.9B
$2.9B
$3.1B
$3.2B
$3.3B
$3.3B
$3.3B

HF Sinclair Corporation · DINO

$3.5B
$3.5B
$3.8B
$3.7B
$3.7B
$3.6B
$3.6B
$3.5B
$3.5B
$3.1B
$3.0B
$3.0B
$3.0B
$3.0B
$3.0B
$3.1B
$3.2B
$3.1B
$3.2B

Icahn Enterprises L.P. · IEP

$7.7B
$7.7B
$7.1B
$7.1B
$7.1B
$7.1B
$7.1B
$7.1B
$7.1B
$7.2B
$6.6B
$6.6B
$6.4B
$6.8B
$6.8B
$6.7B
$6.7B
$6.6B
$6.4B

Marathon Petroleum Corporation · MPC

$28.8B
$26.9B
$28.0B
$28.0B
$27.9B
$27.9B
$28.5B
$28.6B
$28.6B
$28.5B
$28.5B
$30.1B
$29.4B
$28.8B
$32.1B
$30.0B
$34.2B
$34.4B
$34.3B

Par Pacific Holdings, Inc. · PARR

$1.7B
$1.7B
$2.0B
$2.1B
$1.7B
$1.8B
$1.8B
$1.7B
$1.7B
$1.6B
$1.7B
$1.7B
$1.7B
$1.8B
$1.8B
$1.8B
$1.7B
$1.4B
$1.6B

PBF Energy Inc. · PBF

$5.1B
$5.0B
$5.0B
$4.0B
$2.6B
$2.6B
$2.1B
$2.2B
$2.1B
$2.0B
$2.1B
$2.1B
$2.1B
$2.3B
$3.1B
$3.2B
$3.2B
$2.9B
$3.6B

Phillips 66 · PSX

$14.9B
$14.4B
$14.4B
$13.0B
$17.7B
$17.2B
$18.5B
$19.9B
$19.4B
$19.4B
$20.2B
$20.0B
$20.0B
$20.1B
$18.8B
$20.9B
$21.8B
$19.7B
$27.1B

Sunoco LP · SUN

$3.7B
$4.4B
$5.2B
$4.9B
$4.6B
$4.1B
$4.8B
$5.2B
$5.0B
$4.1B
$4.2B
$7.9B
$7.9B
$8.0B
$8.2B
$8.3B
$10.1B
$14.9B
$15.4B

Valero Energy Corporation · VLO

$14.2B
$13.9B
$13.2B
$12.9B
$11.6B
$11.6B
$11.4B
$11.3B
$11.4B
$11.5B
$10.9B
$10.7B
$10.8B
$10.5B
$10.9B
$10.6B
$10.6B
$10.6B
$11.5B

World Kinect Corporation · WKC

$514M
$509M
$884M
$1.0B
$709M
$846M
$727M
$878M
$875M
$888M
$884M
$879M
$883M
$881M
$879M
$818M
$795M
$697M
$799M
$745M

Net debt · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

$1.1B
$1.1B
$913M
$695M
$969M
$1.1B
$983M
$833M
$694M
$1.6B
$941M
$998M
$1.0B
$920M
$1.2B
$1.3B
$1.2B
$1.2B
$1.3B

Delek Logistics Partners, LP · DKL

$919M
$916M
$922M
$1.5B
$1.5B
$1.7B
$1.7B
$1.8B
$1.8B
$1.7B
$1.6B
$1.6B
$1.9B
$1.9B
$2.2B
$2.2B
$2.3B
$2.4B
$2.3B

Delek US Holdings, Inc. · DK

$1.6B
$1.6B
$1.6B
$1.8B
$1.8B
$2.4B
$2.1B
$2.2B
$1.9B
$1.9B
$1.9B
$2.0B
$1.9B
$2.1B
$2.5B
$2.6B
$2.6B
$2.7B
$2.6B

HF Sinclair Corporation · DINO

$2.0B
$3.3B
$3.2B
$2.0B
$2.3B
$2.0B
$2.2B
$1.9B
$1.3B
$1.7B
$2.2B
$2.2B
$1.8B
$2.2B
$2.5B
$2.2B
$1.7B
$2.2B
$2.0B

Icahn Enterprises L.P. · IEP

$4.0B
$3.3B
$1.2B
$465M
$-83M
$2.2B
$2.0B
$2.0B
$963M
$1.3B
$1.6B
$965M
$1.7B
$1.6B
$1.9B
$2.2B
$2.7B
$3.2B
$3.1B

Marathon Petroleum Corporation · MPC

$15.5B
$16.1B
$17.4B
$14.7B
$16.8B
$16.1B
$17.1B
$17.1B
$15.5B
$18.3B
$21.0B
$21.6B
$24.3B
$25.5B
$28.3B
$28.4B
$31.5B
$30.7B
$32.2B

Par Pacific Holdings, Inc. · PARR

$1.4B
$1.6B
$1.8B
$1.9B
$1.3B
$1.3B
$1.1B
$1.5B
$1.4B
$1.3B
$1.4B
$1.5B
$1.5B
$1.6B
$1.7B
$1.6B
$1.5B
$1.2B
$1.5B

PBF Energy Inc. · PBF

$3.6B
$3.7B
$3.6B
$1.8B
$740M
$426M
$518M
$711M
$158M
$248M
$642M
$687M
$1.1B
$1.8B
$2.6B
$2.6B
$2.7B
$2.4B
$3.0B

Phillips 66 · PSX

$12.0B
$11.3B
$11.1B
$10.2B
$13.9B
$11.1B
$11.5B
$16.8B
$15.9B
$16.0B
$18.6B
$17.5B
$18.4B
$18.3B
$17.3B
$19.9B
$19.9B
$18.6B
$22.0B

Sunoco LP · SUN

$3.6B
$4.4B
$5.1B
$4.8B
$4.4B
$4.0B
$4.6B
$5.0B
$4.7B
$4.1B
$4.0B
$7.7B
$7.7B
$7.9B
$8.0B
$8.2B
$6.8B
$14.0B
$14.7B

Valero Energy Corporation · VLO

$10.7B
$9.7B
$10.5B
$7.5B
$7.6B
$6.8B
$5.9B
$6.2B
$5.6B
$6.1B
$6.0B
$5.5B
$5.6B
$5.8B
$6.2B
$6.1B
$5.8B
$5.9B
$5.8B

World Kinect Corporation · WKC

$-282M
$-143M
$618M
$654M
$429M
$548M
$510M
$584M
$539M
$584M
$563M
$354M
$509M
$498M
$423M
$415M
$321M
$503M
$648M
$610M
06 · compare level, then change

Return On Capital Employed

Star Group, L.P. has the highest ROCE among the 16 Oil & Gas Refining & Marketing companies compared here, at 22.6%. HF Sinclair Corporation is next at 6%. World Kinect Corporation has the highest ROCE change at +14.5 percentage points, so level and change sit with different companies. Its ROCE series carries 19 reported observations across the 20-quarter window.

What the numbers say: Star Group, L.P. leads ROCE at 22.6%, 16.6 percentage points above HF Sinclair Corporation. World Kinect Corporation has the strongest latest improvement at +14.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderStar Group, L.P. · 22.6%
Gap276.7% versus #2 · HF Sinclair Corporation
Persistence5/8 recent comparable periods
Coverage16/16 companies · 293 observations

Investor read: Star Group, L.P. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Star Group, L.P. SGU23%
2HF Sinclair Corporation DINO6.0%
3Sunoco LP SUN4.5%
4Valero Energy Corporation VLO3.9%
5ARKO Petroleum Corp. APC3.6%
ROCE changefastest improvers
1World Kinect Corporation WKC+14.5 pp
2Clean Energy Fuels Corp. CLNE+11.9 pp
3PBF Energy Inc. PBF+8.4 pp
4Valero Energy Corporation VLO+5.9 pp
5HF Sinclair Corporation DINO+5.4 pp
Return on capital · company comparison
16/16 level · 16/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Star Group, L.P. SGU23%+2.3 ppMar 2026
HF Sinclair Corporation DINO6.0%+5.4 ppMar 2026
Sunoco LP SUN4.5%+1.3 ppMar 2026
Valero Energy Corporation VLO3.9%+5.9 ppMar 2026
ARKO Petroleum Corp. APC3.6%−0.2 ppMar 2026
World Kinect Corporation WKC3.5%+14.5 ppJun 2026
PBF Energy Inc. PBF3.1%+8.4 ppMar 2026
CrossAmerica Partners LP CAPL2.7%+2.5 ppMar 2026
Marathon Petroleum Corporation MPC2.3%+1.2 ppMar 2026
Par Pacific Holdings, Inc. PARR2.3%+2.9 ppMar 2026
Delek Logistics Partners, LP DKL1.7%−0.7 ppMar 2026
Phillips 66 PSX0.2%+0.9 ppMar 2026
Clean Energy Fuels Corp. CLNE-0.3%+11.9 ppMar 2026
Icahn Enterprises L.P. IEP-4.2%−0.7 ppMar 2026
Delek US Holdings, Inc. DK-4.3%−1.5 ppMar 2026
CVR Energy, Inc. CVI-5.0%−0.7 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

5.6%
1.4%
7.4%
14%
3.7%
8.7%
12%
7.6%
15%
-1.4%
4.2%
0.9%
-3.8%
0.7%
-4.3%
-3.6%
17%
-3.1%
-5.0%

Delek Logistics Partners, LP · DKL

5.7%
5.6%
5.3%
3.6%
5.3%
5.1%
5.2%
3.9%
4.2%
3.4%
4.0%
4.3%
1.8%
2.2%
2.4%
2.7%
2.1%
1.7%
1.7%

Delek US Holdings, Inc. · DK

0.9%
0.6%
1.2%
11%
1.2%
-2.4%
3.3%
1.0%
4.5%
-3.0%
0.6%
0.1%
-2.6%
-9.3%
-2.8%
-0.8%
6.6%
3.9%
-4.3%

HF Sinclair Corporation · DINO

2.8%
-0.2%
1.9%
13%
10%
6.4%
3.5%
4.6%
7.0%
-0.5%
2.8%
1.3%
-0.8%
-1.6%
0.6%
1.9%
4.0%
0.1%
6.0%

Icahn Enterprises L.P. · IEP

-0.3%
-3.4%
4.5%
-0.5%
-0.3%
-0.9%
-0.7%
-1.2%
1.1%
-0.2%
0.7%
-1.9%
1.2%
0.0%
-3.5%
-0.8%
4.8%
1.2%
-4.2%

Marathon Petroleum Corporation · MPC

1.5%
2.2%
2.5%
12%
9.5%
6.5%
6.0%
4.8%
7.0%
3.5%
2.7%
3.9%
2.1%
1.8%
1.1%
3.6%
4.4%
4.4%
2.3%

Par Pacific Holdings, Inc. · PARR

7.5%
1.9%
-10%
15%
22%
7.5%
18%
3.1%
12%
9.2%
0.5%
2.1%
1.5%
-1.9%
-0.6%
3.6%
13%
3.6%
2.3%

PBF Energy Inc. · PBF

1.3%
3.7%
1.2%
23%
18%
-110%
6.5%
16%
12%
-97%
1.6%
-0.8%
-3.9%
-2.3%
-5.3%
0.4%
3.0%
-12%
3.1%

Phillips 66 · PSX

-1.4%
1.9%
1.0%
8.1%
6.9%
4.0%
4.1%
3.6%
3.9%
2.5%
1.0%
1.3%
0.0%
-0.1%
-0.7%
2.1%
0.0%
2.6%
0.2%

Sunoco LP · SUN

3.4%
3.7%
5.1%
3.4%
3.1%
1.9%
3.6%
2.6%
6.1%
-0.8%
5.3%
1.7%
1.2%
2.7%
3.2%
1.6%
1.8%
1.0%
4.5%

Valero Energy Corporation · VLO

1.7%
3.8%
3.4%
15%
9.2%
10%
9.5%
6.3%
8.0%
3.5%
3.7%
2.7%
1.1%
0.8%
-2.0%
2.2%
3.4%
3.6%
3.9%

World Kinect Corporation · WKC

1.5%
1.1%
1.3%
1.6%
3.2%
2.5%
1.9%
2.1%
2.2%
-0.4%
1.9%
1.3%
2.1%
0.9%
-0.2%
-11%
2.0%
-9.4%
1.9%
3.5%

ROCE change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

−1.9 pp
+7.3 pp
+4.3 pp
−6.6 pp
+11.7 pp
−10.1 pp
−7.5 pp
−6.7 pp
−19.2 pp
+2.1 pp
−8.5 pp
−4.5 pp
+20.7 pp
−3.8 pp
−0.7 pp

Delek Logistics Partners, LP · DKL

−0.4 pp
−0.5 pp
−0.1 pp
+0.3 pp
−1.1 pp
−1.7 pp
−1.2 pp
+0.4 pp
−2.4 pp
−1.2 pp
−1.6 pp
−1.6 pp
+0.3 pp
−0.5 pp
−0.7 pp

Delek US Holdings, Inc. · DK

+0.3 pp
−3.0 pp
+2.1 pp
−10.3 pp
+3.3 pp
−0.6 pp
−2.7 pp
−0.9 pp
−7.1 pp
−6.3 pp
−3.4 pp
−0.9 pp
+9.2 pp
+13.2 pp
−1.5 pp

HF Sinclair Corporation · DINO

+7.5 pp
+6.6 pp
+1.6 pp
−8.4 pp
−3.3 pp
−6.9 pp
−0.7 pp
−3.3 pp
−7.8 pp
−1.1 pp
−2.2 pp
+0.6 pp
+4.8 pp
+1.7 pp
+5.4 pp

Icahn Enterprises L.P. · IEP

0.0 pp
+2.5 pp
−5.2 pp
−0.7 pp
+1.4 pp
+0.7 pp
+1.4 pp
−0.7 pp
+0.1 pp
+0.2 pp
−4.2 pp
+1.1 pp
+3.6 pp
+1.2 pp
−0.7 pp

Marathon Petroleum Corporation · MPC

+8.0 pp
+4.3 pp
+3.5 pp
−6.8 pp
−2.5 pp
−3.0 pp
−3.3 pp
−0.9 pp
−4.9 pp
−1.7 pp
−1.6 pp
−0.3 pp
+2.3 pp
+2.6 pp
+1.2 pp

Par Pacific Holdings, Inc. · PARR

+14.3 pp
+5.6 pp
+28.5 pp
−12.1 pp
−10.0 pp
+1.7 pp
−17.9 pp
−1.0 pp
−10.3 pp
−11.1 pp
−1.1 pp
+1.5 pp
+11.4 pp
+5.5 pp
+2.9 pp

PBF Energy Inc. · PBF

+16.7 pp
−113.6 pp
+5.3 pp
−6.2 pp
−6.2 pp
+13.1 pp
−4.9 pp
−17.2 pp
−15.7 pp
+94.5 pp
−6.9 pp
+1.2 pp
+6.9 pp
−10.0 pp
+8.4 pp

Phillips 66 · PSX

+8.3 pp
+2.1 pp
+3.1 pp
−4.5 pp
−3.0 pp
−1.5 pp
−3.1 pp
−2.3 pp
−3.9 pp
−2.6 pp
−1.7 pp
+0.8 pp
0.0 pp
+2.7 pp
+0.9 pp

Sunoco LP · SUN

−0.3 pp
−1.8 pp
−1.5 pp
−0.8 pp
+3.0 pp
−2.7 pp
+1.7 pp
−0.9 pp
−4.9 pp
+3.5 pp
−2.1 pp
−0.1 pp
+0.6 pp
−1.7 pp
+1.3 pp

Valero Energy Corporation · VLO

+7.5 pp
+6.4 pp
+6.1 pp
−8.6 pp
−1.2 pp
−6.7 pp
−5.8 pp
−3.6 pp
−6.9 pp
−2.7 pp
−5.7 pp
−0.5 pp
+2.3 pp
+2.8 pp
+5.9 pp

World Kinect Corporation · WKC

+1.7 pp
+1.4 pp
+0.6 pp
+0.5 pp
−1.0 pp
−2.9 pp
0.0 pp
−0.8 pp
−0.1 pp
+1.3 pp
−2.1 pp
−12.3 pp
−0.1 pp
−10.3 pp
+2.1 pp
+14.5 pp
07 · compare level, then change

Valuation Against Growth & Quality

PBF Energy Inc. has the lowest Guarded PEG among the 16 Oil & Gas Refining & Marketing companies compared here, at 0.09×. Star Group, L.P. has the lowest P/E at 4.16×, so level and change sit with different companies. 9 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: PBF Energy Inc. has the lowest comparable Guarded PEG at 0.09×, 0% below Star Group, L.P.. Only 9 of 16 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderPBF Energy Inc. · 0.09×
Gap0% versus #2 · Star Group, L.P.
Persistence0/8 recent comparable periods
Coverage9/16 companies · 23 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1PBF Energy Inc. PBF0.1
2Star Group, L.P. SGU0.1
3Valero Energy Corporation VLO0.2
4CrossAmerica Partners LP CAPL0.3
5CVR Energy, Inc. CVI0.3
P/Elowest P/E
1Star Group, L.P. SGU4.2
2Par Pacific Holdings, Inc. PARR7.0
3HF Sinclair Corporation DINO9.4
4PBF Energy Inc. PBF12.8
5CrossAmerica Partners LP CAPL13.9
Valuation · company comparison
9/16 level · 14/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Delek Logistics Partners, LP DKL2.815.8Mar 2026
HF Sinclair Corporation DINO0.99.4Mar 2026
Sunoco LP SUN0.614.3Mar 2026
World Kinect Corporation WKC0.5118.2Jun 2026
Marathon Petroleum Corporation MPC0.415.9Mar 2026
CVR Energy, Inc. CVI0.394.2Mar 2026
CrossAmerica Partners LP CAPL0.314.0Mar 2026
Valero Energy Corporation VLO0.218.0Mar 2026
PBF Energy Inc. PBF0.112.8Mar 2026
Star Group, L.P. SGU0.14.2Mar 2026
Phillips 66 PSX18.0Mar 2026
Icahn Enterprises L.P. IEP277.5Mar 2026
Par Pacific Holdings, Inc. PARR7.0Mar 2026
Delek US Holdings, Inc. DK86.0Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

CrossAmerica Partners LP · CAPL

0.3

CVR Energy, Inc. · CVI

0.3

Delek Logistics Partners, LP · DKL

1.7
1.5
1.4
2.8

HF Sinclair Corporation · DINO

0.1
0.4
0.9

Marathon Petroleum Corporation · MPC

0.3
0.4

PBF Energy Inc. · PBF

0.1

Star Group, L.P. · SGU

0.7
0.1
0.1

Sunoco LP · SUN

1.4
0.7
0.6

Valero Energy Corporation · VLO

0.2

World Kinect Corporation · WKC

0.4
0.3
0.5
0.5

P/E · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

67.2
16.4
10.3
8.7
6.8
5.8
5.7
4.3
4.0
5.5
4.9
33.4
312.3
22.2
94.2

Delek Logistics Partners, LP · DKL

12.2
11.3
11.4
13.5
14.0
12.4
13.1
15.2
12.5
14.9
14.9
14.0
15.6
14.1
14.5
14.6
14.7
13.5
15.8

Delek US Holdings, Inc. · DK

5.1
5.4
7.5
5.3
26.8
86.0

HF Sinclair Corporation · DINO

11.4
9.7
10.0
5.4
4.8
3.6
3.1
3.5
4.5
6.7
7.5
8.5
27.5
38.5
25.0
15.0
9.4

Icahn Enterprises L.P. · IEP

277.5

Marathon Petroleum Corporation · MPC

49.5
4.2
19.9
5.6
4.4
4.1
4.1
4.2
5.7
6.3
10.1
9.1
12.9
13.8
20.5
24.7
20.6
12.3
15.9

Par Pacific Holdings, Inc. · PARR

9.2
3.4
3.8
2.4
2.6
4.2
3.1
4.6
3.2
3.4
7.5
4.9
7.0

PBF Energy Inc. · PBF

6.8
3.3
2.1
1.8
1.7
1.7
2.5
2.7
4.0
7.7
12.8

Phillips 66 · PSX

24.4
15.1
7.1
3.7
4.5
3.9
4.1
7.3
8.6
12.6
12.1
16.9
22.8
28.1
28.7
37.2
12.0
18.0

Sunoco LP · SUN

7.3
7.7
6.8
6.8
7.5
9.2
11.6
13.0
8.8
16.4
13.4
13.8
60.3
8.6
27.8
20.1
14.0
23.0
14.3

Valero Energy Corporation · VLO

33.1
16.4
6.1
4.6
4.4
4.0
4.0
4.8
5.2
8.5
9.0
12.1
14.3
46.7
56.0
35.5
21.5
18.0

World Kinect Corporation · WKC

39.1
22.8
21.1
14.7
13.6
15.0
14.5
11.2
12.8
26.5
28.4
11.4
13.7
24.4
118.2
08 · compare level, then change

Enterprise Value & Book Value

Star Group, L.P. has the lowest EV/EBITDA among the 16 Oil & Gas Refining & Marketing companies compared here, at 4.03×. HF Sinclair Corporation is next at 5.12×. ARKO Petroleum Corp. has the lowest P/BV at 0.92×, so level and change sit with different companies. 15 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Star Group, L.P. leads ev/ebitda at 4.03×; ARKO Petroleum Corp. leads p/bv at 0.92×.

LeaderStar Group, L.P. · 4.03×
Gap21.3% versus #2 · HF Sinclair Corporation
Persistence0/8 recent comparable periods
Coverage15/16 companies · 258 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Star Group, L.P. SGU4.0
2HF Sinclair Corporation DINO5.1
3Par Pacific Holdings, Inc. PARR6.0
4PBF Energy Inc. PBF6.9
5CrossAmerica Partners LP CAPL8.3
P/BVlowest P/BV
1ARKO Petroleum Corp. APC0.9
2Star Group, L.P. SGU1.0
3Clean Energy Fuels Corp. CLNE1.0
4PBF Energy Inc. PBF1.0
5HF Sinclair Corporation DINO1.2
Enterprise and book valuation · company comparison
15/16 level · 14/16 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
World Kinect Corporation WKC81.71.4Jun 2026
Clean Energy Fuels Corp. CLNE68.71.0Mar 2026
CVR Energy, Inc. CVI29.26.3Mar 2026
Phillips 66 PSX16.42.6Mar 2026
Delek Logistics Partners, LP DKL16.1-132.2Mar 2026
Sunoco LP SUN12.71.6Mar 2026
Icahn Enterprises L.P. IEP10.94.2Mar 2026
Valero Energy Corporation VLO9.03.1Mar 2026
Marathon Petroleum Corporation MPC9.04.3Mar 2026
Delek US Holdings, Inc. DK8.752.6Mar 2026
CrossAmerica Partners LP CAPL8.3-10.1Mar 2026
PBF Energy Inc. PBF6.91.0Mar 2026
Par Pacific Holdings, Inc. PARR6.02.0Mar 2026
HF Sinclair Corporation DINO5.11.2Mar 2026
Star Group, L.P. SGU4.01.0Mar 2026
ARKO Petroleum Corp. APC0.9Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

12.9
13.0
3.9
3.9
3.6
3.3
3.4
5.8
2.6
5.4
4.3
7.9
5.9
18.0
68.1
12.7
11.3
29.2

Delek Logistics Partners, LP · DKL

12.2
11.3
11.7
15.2
14.2
12.8
12.4
12.5
10.6
10.6
9.8
9.4
12.2
12.3
14.1
15.1
14.3
14.0
16.1

Delek US Holdings, Inc. · DK

12.2
11.0
4.3
4.2
5.9
4.2
8.3
6.0
6.3
8.0
9.1
25.3
38.3
6.8
8.7

HF Sinclair Corporation · DINO

6.9
7.3
9.4
4.7
3.6
2.8
2.5
2.8
3.2
4.4
4.9
5.1
8.3
8.1
11.1
11.2
7.2
5.8
5.1

Icahn Enterprises L.P. · IEP

12.3
39.0
25.1
36.2
37.2
21.8
281.2
168.7
27.7
42.8
15.7
21.5
22.3
15.8
81.3
15.4
11.9
10.9

Marathon Petroleum Corporation · MPC

13.8
8.9
14.0
4.8
3.5
3.8
3.7
4.1
5.3
4.5
6.4
6.0
7.4
7.6
8.9
9.9
9.6
7.4
9.0

Par Pacific Holdings, Inc. · PARR

29.7
234.5
10.3
5.0
5.0
3.1
3.9
4.9
4.4
6.5
5.2
6.2
13.8
15.7
14.1
6.1
4.4
6.0

PBF Energy Inc. · PBF

6.8
5.4
6.4
2.2
1.4
0.7
1.5
1.6
4.5
12.8
13.3
6.9

Phillips 66 · PSX

79.2
28.1
8.7
5.8
5.7
4.8
5.2
6.7
7.5
10.7
10.7
14.9
18.0
23.4
18.9
19.2
12.8
16.4

Sunoco LP · SUN

7.5
8.4
8.7
8.4
8.1
8.8
10.3
11.1
9.3
11.1
10.0
16.1
19.5
12.9
12.6
10.3
9.1
15.6
12.7

Valero Energy Corporation · VLO

16.6
9.2
8.1
4.1
3.3
3.1
2.8
2.9
3.2
3.5
5.3
5.5
6.6
7.3
12.8
13.2
12.2
9.1
9.0

World Kinect Corporation · WKC

8.9
6.7
9.9
7.3
5.8
5.9
5.2
4.3
4.8
6.5
7.2
7.0
8.6
6.5
8.2
81.7

P/BV · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

CVR Energy, Inc. · CVI

3.0
3.1
4.0
4.4
5.2
5.9
4.9
4.0
3.6
3.6
4.1
3.2
3.4
2.7
3.4
5.8
4.4
3.5
6.3

Delek Logistics Partners, LP · DKL

-18.8
-17.9
-17.9
-18.2
-19.4
-17.8
-17.5
-18.3
-13.1
-11.6
-41.9
-34.3
-16.5
51.7
19.3
58.3
113.2
317.1
-132.2

Delek US Holdings, Inc. · DK

1.6
1.2
1.8
1.5
1.6
1.9
1.5
1.7
1.8
2.0
2.3
2.5
1.7
3.7
5.9
63.5
10.7
6.2
52.6

HF Sinclair Corporation · DINO

0.9
0.9
1.1
1.1
1.2
1.1
1.0
0.9
1.1
1.1
1.2
1.0
0.9
0.7
0.7
0.8
1.0
0.9
1.2

Icahn Enterprises L.P. · IEP

3.7
4.1
4.5
3.9
4.2
4.6
6.0
3.4
2.4
2.3
2.6
2.9
2.6
1.8
2.7
2.7
2.6
2.5
4.2

Marathon Petroleum Corporation · MPC

1.4
1.4
1.9
1.6
1.8
1.9
2.2
1.8
2.3
2.2
3.1
2.8
2.8
2.5
2.8
3.0
3.4
2.8
4.3

Par Pacific Holdings, Inc. · PARR

3.7
3.7
6.2
3.4
1.8
2.2
2.0
1.8
2.0
1.6
1.7
1.1
0.8
0.8
0.7
1.2
1.3
1.2
2.0

PBF Energy Inc. · PBF

0.9
0.8
1.5
1.1
1.0
1.1
1.1
0.8
1.0
0.8
1.1
0.9
0.5
0.6
0.4
0.5
0.7
0.6
1.0

Phillips 66 · PSX

1.7
1.7
1.9
1.6
1.4
1.6
1.5
1.4
1.7
1.9
2.3
2.0
1.9
1.7
1.9
1.8
2.0
1.8
2.6

Sunoco LP · SUN

3.9
4.2
3.6
3.2
3.3
3.9
3.7
3.7
3.5
5.2
4.5
1.8
1.8
1.7
1.9
1.8
1.2
1.2
1.6

Valero Energy Corporation · VLO

1.7
1.7
2.2
2.0
1.9
2.0
2.0
1.6
1.9
1.6
2.1
2.0
1.7
1.6
1.8
1.7
2.2
2.1
3.1

World Kinect Corporation · WKC

1.1
0.9
0.9
0.7
0.8
0.9
0.8
0.6
0.7
0.7
0.8
0.8
0.9
0.8
0.8
1.0
0.9
1.0
1.0
1.4
09 · let price answer last

Market action

Delek US Holdings, Inc. has the strongest one-year price move in Oil & Gas Refining & Marketing at +202.4%. Par Pacific Holdings, Inc. leads on Mansfield relative strength against the S&P 500 at +55.2%. 11 of 15 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Oil & Gas Refining & Marketing comparison names 4 specific ways its own evidence can mislead, all listed below. All 16 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
10 · the complete set

Which companies are included?

All 16 companies in the canonical Oil & Gas Refining & Marketing membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
Marathon Petroleum Corporation MPCAHEAD22/26 WEEKS$89.3B$3062026-07-28Mar 2026
Valero Energy Corporation VLOAHEAD23/26 WEEKS$88.7B$2992026-07-28Mar 2026
Phillips 66 PSXAHEAD22/26 WEEKS$82.5B$2062026-07-28Mar 2026
HF Sinclair Corporation DINOAHEAD22/26 WEEKS$16.1B$89.32026-07-28Mar 2026
Sunoco LP SUNAHEAD19/26 WEEKS$10.5B$76.52026-07-28Mar 2026
PBF Energy Inc. PBFAHEAD18/26 WEEKS$7.3B$61.02026-07-28Mar 2026
Icahn Enterprises L.P. IEP$5.3B$7.82026-07-28Mar 2026
Par Pacific Holdings, Inc. PARRAHEAD18/26 WEEKS$4.0B$79.12026-07-28Mar 2026
Delek US Holdings, Inc. DKAHEAD20/26 WEEKS$3.8B$62.82026-07-28Mar 2026
CVR Energy, Inc. CVI$3.4B$33.72026-07-28Mar 2026
Delek Logistics Partners, LP DKL$3.1B$57.72026-07-28Mar 2026
World Kinect Corporation WKCAHEAD18/26 WEEKS$2.0B$40.12026-07-28Jun 2026
ARKO Petroleum Corp. APC$961M$20.22026-07-28Mar 2026
CrossAmerica Partners LP CAPL$839M$22.02026-07-28Mar 2026
Clean Energy Fuels Corp. CLNE$421M$1.92026-07-28Mar 2026
Star Group, L.P. SGU$415M$12.62026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 16 Oil & Gas Refining & Marketing companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Oil & Gas Refining & Marketing company comparison FAQs

These 18 answers restate the Oil & Gas Refining & Marketing comparison above in question form. Every one is computed from the same 16 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Oil & Gas Refining & Marketing company is the biggest?

Marathon Petroleum Corporation is the largest, with trailing-twelve-month revenue of $135,382 million, ahead of Phillips 66 at $134,486 million. That covers 14 of 16 companies with comparable reporting through Mar 2026.

Which Oil & Gas Refining & Marketing company is growing fastest?

Sunoco LP has the fastest revenue growth at 37.3% year on year, across 14 of 16 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Oil & Gas Refining & Marketing company has the best profit margins?

Star Group, L.P. has the highest operating margin at 20.5%, from 16 of 16 comparable companies. Clean Energy Fuels Corp. shows the biggest recent improvement, at +119.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Oil & Gas Refining & Marketing company makes the most profit?

Marathon Petroleum Corporation earns the most, at $6,383 million of trailing-twelve-month net profit, from 14 of 16 comparable companies. Phillips 66 has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Oil & Gas Refining & Marketing company earns the highest return on capital?

Star Group, L.P. leads on return on capital employed at 22.6%, across 16 of 16 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Oil & Gas Refining & Marketing stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — PBF Energy Inc. screens cheapest at 0.09×. Only 9 of 16 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Oil & Gas Refining & Marketing company has the strongest balance sheet?

Clean Energy Fuels Corp. carries the lowest comparable gross debt at $324 million, from 16 of 16 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Oil & Gas Refining & Marketing company is investing most in new capacity?

Marathon Petroleum Corporation reports the largest capital spending at $913 million, across 16 of 16 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Oil & Gas Refining & Marketing sector beating the market?

Oil & Gas Refining & Marketing has outperformed S&P 500 by 37.1% over the last 52 weeks and 9.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 11 of 15 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Oil & Gas Refining & Marketing stock has the strongest price momentum?

Par Pacific Holdings, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Oil & Gas Refining & Marketing company scores highest for research priority?

PBF Energy Inc. scores 67.1 out of 100 with 74.6% evidence confidence, from 20.3 points on growth and earnings, 11.8 on capital efficiency, 15.6 on valuation and 19.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Oil & Gas Refining & Marketing companies does this comparison cover, and over what period?

It compares 16 listed companies over up to 20 reported quarters of fundamentals and 5 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Oil & Gas Refining & Marketing sector?

The 16 Oil & Gas Refining & Marketing companies on this page carry $318,688 million of combined market value. Marathon Petroleum Corporation is the largest at $89,347 million, about 28% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Oil & Gas Refining & Marketing sector's P/E ratio?

The median price-to-earnings ratio across the 16 Oil & Gas Refining & Marketing companies on this page is 15.9×, measured on the 14 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Oil & Gas Refining & Marketing sector performing?

11 of the 15 covered Oil & Gas Refining & Marketing companies are beating S&P 500 on Mansfield relative strength. The sector itself is 37.1% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Oil & Gas Refining & Marketing stocks are listed in the US?

This comparison covers 16 listed Oil & Gas Refining & Marketing companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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