These Energy Stocks Just Delivered Massive September Gains
This article first appeared on GuruFocus.
Energy stocks are drawing attention as several names posted sizable gains over the past month, with CVR Energy and Solaris Energy Infrastructure leading the group as September nears its end.
CVR Energy (CVI) rose 35% during the period, while Solaris Energy Infrastructure (SEI) advanced 34%. HF Sinclair (DINO) gained 14%, followed by Calumet (CLMT) at 14%.
Valero Energy (VLO) climbed 13%, while Marathon Petroleum (MPC) and PBF Energy (PBF) increased 10% and 9 %, respectively.
Phillips 66 (PSX) added 8%, and International Seaways (INSW) rose 7%. The gains came as investors rotated among energy-related companies across refining, infrastructure and shipping.