S-Oil Could Post Better-Than-Expected 4Q Earnings -- Market Talk

Dow Jones01-16

0329 GMT - S-Oil could post better-than-expected 4Q earnings on solid refining margins, Hyundai Motor Securities analyst Kang Dong-jin writes in a note. The Saudi Aramco-controlled refiner based in South Korea could also gain from the recently improving paraxylene margins, Kang says. He raises his 4Q operating profit forecast for S-Oil by 42% to KRW431.40 billion. The analyst says the business environment could become more favorable for S-Oil if rival Chinese refiners struggle to import and process lower-priced heavy sour crude from Venezuela following the U.S. capture of former Venezuelan President Maduro. The Venezuelan crude could be diverted to the U.S. market, instead of China, he adds. (kwanwoo.jun@wsj.com)

 

(END) Dow Jones Newswires

January 15, 2026 22:29 ET (03:29 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment