After the Bell
Before the Bell
Jim Cramer's Daily Booyah
Winners & Losers
As some refiners prepare to report earnings, the oil glut continues.
Some industry watchers have been bullish on the sector because the WTI-Brent spread isn't holding up, which is normally seen as a positive.
On a call with analysts following its second quarter earnings release, company management says it continues to look for opportunities, but the bid-ask gap remains wide in the sector.
Five deals have been announced so far this year, versus six over the previous two years, and more are expected, Tudor, Pickering, Holt & Co. said in a report.
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