Star Petroleum Refining - Upbeat 1Q25 Earnings on Strong Fuel Marketing Business
1Q25 earnings came in above both our and the market expectations, driven by a better-than-expected performance in the fuel marketing business
173 Views
Star Petroleum Refining - Unexciting 1Q25E Earnings; Profit Growth Delayed to 2027E
We expect 1Q25E earnings to be lackluster and anticipate earnings to demonstrate declining growth in 2025-26E (with a crude run reduction in 2026E...
181 Views
SPRC TB - Downbeat 4Q24 Earnings on Upbeat OPEX and Expense Base for Marketing Business
We have revised down our 2025-26E earnings forecasts by 25-27% to reflect higher OPEX and an increased expense base from the fuel marketing...
199 Views
Star Petroleum Refining - Expect 4Q24E Earnings Turnaround; Earnings on a Recovery Path
We expect the 4Q24E earnings to have turned around to profit, albeit with weaker than previously expected momentum due to stock losses and a flat...
152 Views
Star Petroleum Refining - 3Q24 Earnings Tuned to a Loss (Given Stock Losses, LCM)
3Q24 earnings turned to a loss (due to stock losses and LCM), but the loss was larger than expected due to higher-than-anticipated operating...
332 Views