CRAK: Record Refining Margins Still Look Cheap At 9x Earnings (NYSEARCA:CRAK)
· seekingalpha.com
CRAK trades at only 9.1x trailing earnings despite a 79% one-year rally, with trailing results not yet reflecting full margin environment. See why CRAK is a Buy.
The VanEck Oil Refiners ETF ( CRAK ) has already gained approximately 79% over the past year, so this isn't an undiscovered trade. By August 21, several of its ...