Viva Energy Group Limited

( ASX:VEA ) - ASX200 Energy


Analyst Views

VEA – Deutsche Bank rates the stock as Buy

Viva's update confirmed refinery earnings are even worse than the broker had feared, but there are signs of strength in Fuels & Marketing relative to the weak update provided by Caltex ((CTX)) last week. The broker doesn't believe refining margins can get much worse, and retail margins are showing signs of improvement.

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