Valero Energy: Balance Sheet And Buybacks Support Further Upside
Group 1 - Valero Energy's shares have remained flat over the past year, missing out on a market rally due to challenges in the refining sector during the fall and winter [1] - Since April, Valero Energy's shares have rebounded sharply as refining margins have returned towards normal levels [1] Group 2 - The article emphasizes the importance of macro views and stock-specific turnaround stories for achieving outsized returns with a favorable risk/reward profile [1]