Valero(VLO)
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Here's Why Retain Strategy is Apt for Valero Energy Stock Now
ZACKS· 2024-09-19 13:46
Group 1 - Valero Energy Corporation (VLO) has gained 8% year to date, outperforming the 1.4% rise of the industry composite stocks [1] - Valero operates 15 petroleum refineries with a combined throughput capacity of 3.2 million barrels per day across the U.S., Canada, and the U.K. [2] - The Renewable Diesel business segment, particularly the Diamond Green Diesel joint venture, is benefiting from global low-carbon fuel policies, driving demand for renewable diesel [2][3] Group 2 - Valero's refining operations are resilient in a carbon-constrained environment, generating significant cash flows for shareholder returns and growth projects [3] - Input costs for Valero are highly volatile due to fluctuating crude oil prices, which poses a risk to its business [4] - Competitors such as Marathon Petroleum, Phillips 66, and ExxonMobil also face similar exposure to oil price volatility, with ExxonMobil having a distillation capacity of approximately 5 million barrels per day across 21 refineries [4][5]
Valero Energy (VLO) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-17 23:06
In the latest trading session, Valero Energy (VLO) closed at $135.80, marking a +1.53% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.03%. At the same time, the Dow lost 0.04%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the oil refiner had lost 9.76% over the past month. This has lagged the Oils-Energy sector's loss of 3.35% and the S&P 500's gain of 1.54% in that time.Market participants will be closely following the financial resul ...
Valero Energy (VLO) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-09-16 23:21
Company Performance - Valero Energy (VLO) closed at $133.75, reflecting a -0.38% change from the previous day, underperforming the S&P 500's 0.13% gain [1] - Over the past month, Valero's shares have decreased by 10.39%, compared to a 2.9% loss in the Oils-Energy sector and a 3.67% gain in the S&P 500 [1] - The upcoming earnings report on October 24, 2024, is expected to show an EPS of $2.65, a decline of 64.62% year-over-year, with revenue anticipated at $33.88 billion, down 11.77% from the prior year quarter [1] Annual Forecast - The Zacks Consensus Estimates for the full year project earnings of $12.30 per share and revenue of $133.25 billion, indicating declines of -50.6% and -7.96% respectively compared to the previous year [2] Analyst Estimates and Valuation - Recent analyst estimate revisions for Valero Energy reflect changing short-term business dynamics, with positive revisions indicating optimism about the company's outlook [2] - The Zacks Rank for Valero Energy is currently 3 (Hold), with a Forward P/E ratio of 10.92, which is lower than the industry average of 13.68 [3] - Valero's PEG ratio stands at 2.73, matching the industry average, which considers expected earnings growth [3] Industry Context - The Oil and Gas - Refining and Marketing industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 174, placing it in the bottom 32% of over 250 industries [4] - The Zacks Industry Rank evaluates industry strength based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [4]
Valero Energy (VLO) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-10 23:00
In the latest trading session, Valero Energy (VLO) closed at $136.09, marking a +1.44% move from the previous day. This move outpaced the S&P 500's daily gain of 0.45%. Elsewhere, the Dow saw a downswing of 0.23%, while the tech-heavy Nasdaq appreciated by 0.84%.The the stock of oil refiner has fallen by 11.44% in the past month, lagging the Oils-Energy sector's loss of 2.65% and the S&P 500's gain of 2.54%.Analysts and investors alike will be keeping a close eye on the performance of Valero Energy in its u ...
Valero Energy (VLO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-04 23:06
In the latest trading session, Valero Energy (VLO) closed at $139.63, marking a -1.23% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.16%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Shares of the oil refiner have depreciated by 5.03% over the course of the past month, underperforming the Oils-Energy sector's gain of 0.93% and the S&P 500's gain of 3.64%.Analysts and investors alike will be keeping ...
Valero Energy Corporation: A Stalling Bullish Trend
Seeking Alpha· 2024-09-03 18:36
RunPhoto Hide Sector Industry Employee 210 345 2000 Founded Valero Energy Corporation (NYSE:VLO) refines petroleum into oil products, including gasoline and distillate fuels. The company also refines agricultural products into ethanol and biofuel. VLO's company profile states: Company Profile A Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and rolero Energy Oroducts in the United States, Canada, the United Kingdom, Ireland, Latin Americ ...
Brokers Suggest Investing in Valero Energy (VLO): Read This Before Placing a Bet
ZACKS· 2024-08-08 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Valero Energy (VLO) .Valero Energy currently has an average brokerage recommendation (ABR) of 1 ...
Leading Oil Refiner's Stock Climbs Despite Market Volatility
MarketBeat· 2024-07-30 11:01
Valero Energy TodayVLOValero Energy$157.45 -1.67 (-1.05%) 52-Week Range$119.88▼$184.79Dividend Yield2.72%P/E Ratio7.80Price Target$172.07Add to WatchlistOil refiner and renewable fuels producer Valero Energy Co. NYSE: VLO plays an essential role in the transportation industry. Its core business of petroleum refining enables gas-powered automobiles, trucks, ships, and planes to operate as they convert crude oil into refined petroleum products like gasoline, diesel, and jet fuel. The company has also evolved ...
The Refining Giant: Valero's Impressive Shareholder Payback
Seeking Alpha· 2024-07-29 11:50
Sundry Photography Introduction It's time to talk about a fascinating dividend (growth) stock, one of the most cyclical companies on my radar. That company is the Valero Energy Corporation (NYSE:VLO). Initially, I started buying Valero during the pandemic when I thought I got it very cheap. However, before the vaccine news brought hope to the market, I saw my position drop roughly 50%. Since then, shares have taken off, allowing VLO to return more than 380% over the past ten years, outperforming the S&P ...
Valero(VLO) - 2024 Q2 - Quarterly Report
2024-07-25 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-13175 VALERO ENERGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 7 ...