Discover and read the best of Twitter Threads about #CHENNAIPETRO
Most recents (4)
Have you tried using #CHATGPT for your Investing analysis?
I put it to the test and here's how it can do the heavy lifting for you...
...& help you make informed investment decisions.
Ready to learn?
Let's go...🧵
I put it to the test and here's how it can do the heavy lifting for you...
...& help you make informed investment decisions.
Ready to learn?
Let's go...🧵
1⃣ You don’t know how to read financial statements of a company? Here is how you can ask ChatGPT!
- Take @screener_in link of the company & just post it to ChatGPT & you have a quick summary on all the aspects
Here is how I asked ChatGPT to analyse #MRPL for me!😅
- Take @screener_in link of the company & just post it to ChatGPT & you have a quick summary on all the aspects
Here is how I asked ChatGPT to analyse #MRPL for me!😅
2⃣ But now you want to understand a certain aspect of the company & you are clueless why for ex: Sales or Profit went up suddenly in a year!
Here is what I asked ChatGPT about #MRPL Sales sudden change in trend.
I think with good prompts the answers can be even better🤓
Here is what I asked ChatGPT about #MRPL Sales sudden change in trend.
I think with good prompts the answers can be even better🤓
A thread🧵 on Why gross refining margins (GRM) are at multi year high & what it means for refining stocks
"Exxon made more money than God this year," said Biden
#RIL #HPCL #iocl #BPCL #MRPL #CHENNAIPETRO
"Exxon made more money than God this year," said Biden
#RIL #HPCL #iocl #BPCL #MRPL #CHENNAIPETRO
GRM is difference between value of crude based products & value of crude oil.
GRM trends
Q1FY23 GRM (in average basis)- $23
Q4FY22 GRM - $8.1
Q3FY22 GRM - $6.1
Q2FY22 GRM - $3.7
Q1FY22 GRM - $2
Q4FY21 GRM - $1.2
GRM trends
Q1FY23 GRM (in average basis)- $23
Q4FY22 GRM - $8.1
Q3FY22 GRM - $6.1
Q2FY22 GRM - $3.7
Q1FY22 GRM - $2
Q4FY21 GRM - $1.2
Why GRMs are multi year high?
- refiners shut several unprofitable facilities after crude turns negative in pandemic
- refining capacity down to 17.2 Mn bpd in Mar-22 bpd from 19 Mn bpd in April-20 while Downstream products demand remain robust, (1st time in 30 yrs).
- refiners shut several unprofitable facilities after crude turns negative in pandemic
- refining capacity down to 17.2 Mn bpd in Mar-22 bpd from 19 Mn bpd in April-20 while Downstream products demand remain robust, (1st time in 30 yrs).
Refineries have potential with current situation to outperform index by least 100%. World 've crude oil boiling above 120$ but couldn't hv enough refining capacity to convert this crude oil into useful products like jet fuel, petrol & Diesel.
@AdeptMarket
Thread - 1/6 🔽
@AdeptMarket
Thread - 1/6 🔽
As demand picking up suddenly post COVID, global refineries couldn't able to meet demand by Airlines & other domestic demand. Result to this last week American President given order to open closed oil refineries to meet demand.
Thread - 2/6🔽
Thread - 2/6🔽
Similar situation arising in African Continent also, where shortage of oil refineries shot up fuel prices. Due to this situation GRM (Gross Refining Margin) shot up like wild bull to all time high of 30.15$ BBL on Singapore exchange.
Thread - 3/6🔽
Thread - 3/6🔽
Respected all sir
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.
Here are some examples.
I have cover all large, mid and small cap stocks
I have observe that many times after high volume candle formed stocks price drop and that high volume candle's high is protected and break that high by another high volume candle only.
Here are some examples.
I have cover all large, mid and small cap stocks
