Pacific Ethanol is Among the Companies in the Oil & Gas Refining & Marketing Industry With the Highest Beta (PEIX, CLNE, WNR, CVI, VLO)
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 2.0. Following is Clean Energy Fuels with a a beta of 1.6. Western Refining ranks third highest with a a beta of 1.3.
CVR Energy follows with a a beta of 1.3, and Valero Energy rounds out the top five with a a beta of 1.2.
SmarTrend recommended that subscribers consider buying shares of Western Refining on August 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $22.22. Since that recommendation, shares of Western Refining have risen 16.6%. We continue to monitor Western Refining for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta pacific ethanol clean energy fuels western refining cvr energy valero energy