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. Clean Energy Fuels is next 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 is tracking the current trend status for Valero Energy and will alert subscribers who have VLO in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest beta pacific ethanol clean energy fuels western refining cvr energy valero energy