Analyst Recommendations and Valero Energy - Valero Energy has an average brokerage recommendation (ABR) of 1.71, which approximates between Strong Buy and Buy, based on 17 brokerage firm recommendations [1] - Out of the 17 recommendations, 12 are Strong Buy, representing 70.6% of all recommendations [1] - The ABR suggests buying Valero Energy, but relying solely on brokerage recommendations may not be ideal due to their inherent positive bias [2] Zacks Rank vs ABR - The Zacks Rank is a proprietary stock rating tool that classifies stocks into five groups, ranging from Strong Buy to Strong Sell, and is a reliable indicator of near-term price performance [3] - Unlike the ABR, which is based on brokerage recommendations, the Zacks Rank is driven by earnings estimate revisions and is displayed in whole numbers [4] - The Zacks Rank is more timely and reflective of changing business trends, as it quickly incorporates revisions in earnings estimates [5] Valero Energy's Earnings Prospects - The Zacks Consensus Estimate for Valero Energy's current year earnings has increased by 13.5% over the past month to $17.14 [6] - Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement in revising EPS estimates higher, could drive the stock's near-term performance [6] - Valero Energy currently holds a Zacks Rank 2 (Buy), which aligns with its Buy-equivalent ABR, making it a potentially attractive investment [6]

Core Viewpoint - Valero Energy has shown significant stock performance, with a 22.6% increase over the past month and a 41.1% rise since the beginning of the year, outperforming both the Zacks Oils-Energy sector and the Zacks Oil and Gas - Refining and Marketing industry [1] Group 1: Stock Performance - Valero Energy shares reached a new 52-week high of $184.79 [1] - The stock has outperformed the Zacks Oils-Energy sector, which saw a 12% increase, and the Zacks Oil and Gas - Refining and Marketing industry, which had a 15.6% return [1] Group 2: Earnings Performance - Valero Energy has consistently exceeded earnings expectations, reporting an EPS of $3.55 against a consensus estimate of $2.95 in its last earnings report [2] - For the current fiscal year, the company is projected to earn $17.14 per share on revenues of $133.97 billion, reflecting a -31.16% change in EPS and a -7.46% change in revenues [2] - The next fiscal year is expected to see earnings of $13.43 per share on $131.2 billion in revenues, indicating a year-over-year decline of -21.69% in EPS and -2.06% in revenues [2] Group 3: Valuation Metrics - Valero Energy's current trading multiple is 10.7X the current fiscal year EPS estimates, below the peer industry average of 13.2X [4] - On a trailing cash flow basis, the stock trades at 5.3X compared to the peer group's average of 4.5X [4] - The company has a PEG ratio of 1.78, which does not place it among the top value stocks [4] Group 4: Zacks Rank and Style Scores - Valero Energy holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [5] - The company has a Value Score of A, a Growth Score of C, and a Momentum Score of A, resulting in a combined VGM Score of A [3][5] - The stock meets the criteria for selection based on Zacks Rank and Style Scores, suggesting potential for further price appreciation [5]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Valero Energy (VLO) . This company, which is in the Zacks Oil and Gas - Refining and Marketing industry, shows potential for another earnings beat.When looking at the last two reports, this oil refiner has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 11.05%, on average, in the ...

The latest trading session saw Valero Energy (VLO) ending at $169.57, denoting a +1.3% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.Shares of the oil refiner witnessed a gain of 23.97% over the previous month, beating the performance of the Oils-Energy sector with its gain of 5.25% and the S&P 500's gain of 3.56%.Investors will be ...

SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on April 25, 2024 at 10:00 a.m. ET to discuss first quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero’s Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Va ...

Valero Energy (VLO) ended the recent trading session at $159.39, demonstrating a +0.48% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.3%.The the stock of oil refiner has risen by 12.47% in the past month, leading the Oils-Energy sector's gain of 6.58% and the S&P 500's gain of 4.42%.Investors will be eagerly watching for the performance of Valero Energy in its upcoming earnings disclosure. ...

In the latest trading session, Valero Energy (VLO) closed at $149.53, marking a +0.34% move from the previous day. This change outpaced the S&P 500's 0.65% loss on the day. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq decreased by 1.16%.The oil refiner's stock has climbed by 5.1% in the past month, exceeding the Oils-Energy sector's gain of 4.75% and the S&P 500's gain of 3.4%.Market participants will be closely following the financial results of Valero Energy in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 74-18 ...

Start Time: 10:00 January 1, 0000 10:59 AM ET Valero Energy Corporation (NYSE:VLO) Q4 2023 Earnings Conference Call January 25, 2024, 10:00 AM ET Company Participants Lane Riggs - CEO and President Gary Simmons - EVP and COO Greg Bram - VP, Refining Services Jason Fraser - EVP and CFO Eric Fisher - SVP, Product Supply, Trading and Wholesale Homer Bhullar - VP, IR and Finance Conference Call Participants John Royall - JPMorgan Theresa Chen - Barclays Neil Mehta - Goldman Sachs Doug Leggate - Bank of America ...

Valero Energy Corporation (VLO) has reported fourth-quarter 2023 adjusted earnings of $3.55 per share, beating the Zacks Consensus Estimate of $2.95 per share. However, the bottom line significantly declined from the $8.45 reported in the year-ago quarter.Total quarterly revenues dipped from $41,746 million in the prior-year quarter to $35,414 million. The top line also missed the Zacks Consensus Estimate of $37,115 million.Better-than-expected quarterly earnings were primarily driven by a decline in total ...