Valero Energy (VLO) – Among the Best High Yield Crude Oil Stocks to Buy After Trump’s Blitz in Venezuela

Core Insights - Valero Energy Corporation (NYSE:VLO) is recognized as a top high-yield crude oil stock, particularly benefiting from potential increases in Venezuelan oil supply due to U.S. policy changes [1][2]. Group 1: Company Overview - Valero Energy is the world's leading independent petroleum refiner and a significant producer of low-carbon transportation fuels [2]. - The company operates the largest refinery on the Gulf Coast, designed to process heavier crudes, including those from Venezuela [3]. Group 2: Market Performance - On January 8, Valero's stock reached an all-time high as investors anticipated benefits from increased Venezuelan oil supply [3]. - The share price of Valero has increased by nearly 35% over the past year [5]. Group 3: Analyst Insights - Analyst Theresa Chen from Barclays noted that Valero has the capacity to process an additional 300,000 to 400,000 barrels per day (bpd) of Venezuelan oil [3]. - Michael Burry, a notable investor, expressed confidence in Valero, highlighting that Gulf Coast refineries have been underutilized and could see improved margins [4]. - Mizuho analyst Nitin Kumar raised Valero's price target from $192 to $197, anticipating a strong Q4 performance, while maintaining a 'Neutral' rating [4].