4-Sep-2026
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Trump is pushing for new refineries, but the industry is skeptical
Seeking Alpha News (Wed, 2-Sep 6:14 AM ET)
VanEck Oil Refiners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Oil Refiners Index. Market Global Oil Refiners Index is a modified market cap-weighted index intended to track the performance of the largest and most liquid companies in the global oil refining segment.
Vaneck Oil Refiners ETF trades on the ARCA stock market under the symbol CRAK.
As of September 4, 2026, CRAK stock price climbed to $63.59 with 382,536 million shares trading.
CRAK has a beta of -0.21, meaning it tends to be less sensitive to market movements. CRAK has a correlation of 0.01 to the broad based SPY ETF.
CRAK has a market cap of $483.28 million. This is considered a Small Cap stock.
In the last 3 years, CRAK traded as high as $63.69 and as low as $24.17.
CRAK has outperformed the market in the last year with a price return of +83.6% while the SPY ETF gained +19.8%. CRAK has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.6% and +4.3%, respectively, while the SPY returned +2.0% and +0.6%, respectively.
CRAK support price is $61.88 and resistance is $63.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRAK shares will trade within this expected range on the day.