Refining Stocks
Downstream operations focus on the complex chemical transformation of crude oil into high-value distillates, lubricants, and petrochemical feedstocks. Profitability hinges on the crack spread, the differential between raw input costs and the market price of refined products, making these firms highly sensitive to global supply-demand imbalances and refinery utilization rates.
As of Oct 23, 2026, Refining has 31 US-listed companies worth $2.6T combined. The median member moved +0.6% over the past week; SSL led among the 25 largest at +10.3% and CLMT trailed at -14.6%.
Companies in Refining
- XOM – Exxon Mobil Corp, $732B
- CVX – Chevron Corp, $445B
- SHEL – Shell PLC ADR, $301B
- PBR – Petroleo Brasileiro Petrobras SA ADR, $165B
- MPC – Marathon Petroleum Corp, $131B
- BP – BP PLC ADR, $129B
- VLO – Valero Energy Corporation, $126B
- PSX – Phillips 66, $116B
- SU – Suncor Energy Inc, $91.4B
- E – Eni SpA ADR, $85.2B
- IMO – Imperial Oil Ltd, $64.4B
- CVE – Cenovus Energy Inc, $61.1B
- OKE – ONEOK Inc, $58.7B
- EC – Ecopetrol SA ADR, $35B
- DINO – HF Sinclair Corp, $21.7B
- YPF – YPF Sociedad Anonima, $19.7B
- SSL – Sasol Ltd, $10.1B
- PBF – PBF Energy Inc, $9.4B
- CVI – CVR Energy Inc, $5.9B
- HAFN – Hafnia Limited, $5.4B
- CLMT – Calumet Specialty Products Partners, $4.9B
- DK – Delek US Energy Inc, $4.6B
- IEP – Icahn Enterprises LP, $4.6B
- STNG – Scorpio Tankers Inc, $4.1B
- PARR – Par Pacific Holdings Inc, $4B
- TRMD – Torm PLC Class A, $4B
- SSMR – Sunshine Silver Mining & Refining Company, $1.7B
- TORO – Toro Ltd, $152M
- TISI – Team Inc, $120M
- SKYQ – Sky Quarry Inc, $21.1M
- CLIR – ClearSign Combustion Corporation, $16.3M