Shares of oil and gas refining and marketing companies are trading higher as oil prices continue gains amid the U.S.-Iran impasse over the Straight of Hormuz and a Ukrainian drone strike on one of Russia's largest oil refineries, Lukoil Perm. Investor attention has also turned to soaring refining margins for gasoline and diesel, which help buttress optimism for the sector ahead of late summer and Labor Day demand.

Jim Cramer Warns of ‘Unholy Developments’ Crushing Rate-Cut Hopes as Brent Tops $92 After Strait of Hormuz Attacks

Jim Cramer warns 'unholy developments' and a hawkish Fed will crush rate cut hopes as Brent crude tops $92 after Middle East tanker attacks.

Shares of oil and gas refining and marketing companies are trading higher amid heightened investor attention on elevated diesel prices and refinery crack spreads, which may help refiners maintain pricing power heading into a period of lighter demand following the summer driving season.

Carl Icahn Trims JetBlue, AEP Stakes While Sitting Out New Stock Bets

Carl Icahn made no new stock purchases in Q2, trimming stakes in JetBlue and American Electric Power. The rest of his portfolio is unchanged.

HF Sinclair Plans Lubricants Spin-Off: Is it a Value-Unlocking Move?

HF Sinclair (DINO) plans to spin off its Lubricants & Specialties division into an independent public company by late 2027, aiming to reduce capital competition and improve strategic focus on core refining, midstream, and renewables businesses. The separation includes retiring the Mississauga refinery and shifting to a capital-light lubricants model. Meanwhile, energy majors Eni and Shell are simplifying portfolios through asset sales and restructuring to unlock value and improve capital allocation.

Wells Fargo Maintains Equal-Weight on HF Sinclair, Raises Price Target to $93

8-K filing — HF Sinclair Corp (DINO)

Filed: 2026-08-26 AccNo: 0001628280-26-059117 Size: 181 KB Item 8.01: Other Events