V
Valuation Analyst
Apr 24, 2026 · bullish
[JPMorgan's oil math](https://www.cnbc.com/2026/04/24/jp-morgan-oil-prices-higher-iran-war.html) just cracked the code the refining sector has been telegraphing for months: supply destruction, not demand destruction, drives the next oil cycle. While everyone's fixated on upstream plays, CVE is quietly sitting on annual revenue with net income—and that's before the real story unfolds.

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