SOURCE: StockCall


August 18, 2010 09:00 ET

Research on Hess and Western Refining -- What Lies Ahead?

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 18, 2010) - offers investors comprehensive research on the oil & gas refining & marketing industry and has completed analytical research on Hess Corporation (NYSE: HES) and Western Refining Inc. (NYSE: WNR). Register with us today at to have free access to these researches. 

Oil and gas refining and marketing companies are showing mostly positive quarterly results, as profit margins have improved over the same period last year. Higher oil and gas prices and improved retail sale margins in the U.S. have also propped up earnings. The increased sales margins are due to higher retail gas prices and lower wholesale prices. At the end of last month, Hess Corporation saw its second-quarter earnings jumped to $375 million on oil and natural gas price surge. In the first week of August, Western Refining Inc. posted net income of $14.4 million. Investors can register for free to access the research reports on Hess Corporation and Western Refining Inc. at or is an online platform where investors doing their due-diligence on the oil & gas refining & marketing industry can have easy and free access to our analyst research and opinions on Hess Corporation and Western Refining Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

Companies in this industry are not, however, immune to the complications inherent in the business. Some companies have taken losses this quarter due to turnaround activities associated with their refineries. The closing of a refinery for maintenance and or inspection is costly with a single turnaround ranging into tens of millions. The cost can also be compounded by what the markets are doing at the time as production capacity falls during the closure. Register now at to have free access to our reports on the oil & gas refining & marketing industry.

While refining and marketing companies have industry issues, oil and gas are still powering nations. The return of oil and gas prices from 2009 lows is also a positive sign. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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