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US refiners ramp up buybacks as Iran war boosts fuel margins

US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from supply disruptions and higher refining margins. The trio returned $6.3 billion to shareholders through buybacks and dividends, more than double last year. Refining stocks also rallied sharply, while strong margins supported expectations of further payouts.

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economictimes.indiatimes.comStai leggendo13 g fa

US refiners ramp up buybacks as Iran war boosts fuel margins

Marathon, Phillips 66, Valero reported $12.6B Q2 profits from Iran supply disruptions, returning $6.3B via buybacks. Industrial capital concentration signals macro uncertainty shrinking VC funding and pressuring tech hiring and infrastructure budgets.

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investors.com11 g fa

Record Profits For Refiners; These 5 Oil Stocks Are Worth A Look

Marathon, Phillips 66 and Valero throw off record profits and cash. Other names are breaking out or regaining buy points.

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giovedì 13 agosto 2026·economictimes.indiatimes.com
US refiners ramp up buybacks as Iran war boosts fuel margins
US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from supply disruptions and higher refining…
venerdì 14 agosto 2026·investors.com
Record Profits For Refiners; These 5 Oil Stocks Are Worth A Look
Marathon, Phillips 66 and Valero throw off record profits and cash. Other names are breaking out or regaining buy points.