• Return to Headlines

Pacific Ethanol is Among the Companies in the Oil & Gas Refining & Marketing Industry With the Highest Beta (PEIX, DK, CLNE, ALJ, CVI)

By James Quinn

Below are the three companies in the Oil & Gas Refining & Marketing industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Pacific Ethanol ranks highest with a a beta of 1.8. Following is Delek US Holdings with a a beta of 1.6. Clean Energy Fuels ranks third highest with a a beta of 1.6.

Alon USA Energy follows with a a beta of 1.5, and CVR Energy rounds out the top five with a a beta of 1.3.

SmarTrend recommended that subscribers consider buying shares of Alon USA Energy on April 28th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $12.17. Since that recommendation, shares of Alon USA Energy have risen 5.8%. We continue to monitor Alon USA Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest beta pacific ethanol delek us holdings clean energy fuels alon usa energy cvr energy

Ticker(s): PEIX DK CLNE ALJ CVI