Despite best efforts of the Trump administration to tease down gas prices amid the ongoing Iran war, the price at the pump has remained stubbornly elevated. While this may hurt investors as they drive their cars, it does present an opportunity. Rather than just buying oil producers, thoughtful investors may seek out stronger opportunities among refiners, fuel distributors, and even convenience store and gas station companies.
Companies like Phillips 66 (NYSE: PSX), HF Sinclair (NYSE: DINO), and CrossAmerica Partners LP (NYSE: CAPL) stand to profit from higher margins and strong fuel demand. They each provide access to a different niche with a unique link to gasoline prices and other factors as well, helping to diversify in case of turbulence in another corner of the market.
