Goldman Sachs Raises PT on Valero Energy Corp (VLO) to $237 From $203 – Here’s Why

Group 1 - Valero Energy Corp (NYSE:VLO) is currently considered one of the best oil stocks to buy, with Goldman Sachs raising its price target to $237 from $203 while maintaining a Buy rating [1] - In fiscal Q4 2025, Valero reported a net income of $1.1 billion, or $3.73 per share, and for the full year, the net income was $2.3 billion, or $7.57 per share [2] - The company operates in the oil refining and marketing industry, focusing on the manufacture and marketing of transportation fuels and petrochemical products through its segments: Refining, Ethanol, and Renewable Diesel [3] Group 2 - Goldman Sachs updated estimates for U.S. Majors and Canadian Oils due to recent Middle East disruptions, leading to raised price targets despite strong equity performance year-to-date [1] - Adjusted net income for fiscal Q4 was reported at $1.2 billion, or $3.82 per share, while the full year adjusted net income was $3.3 billion, or $10.61 per share [2]