Valero Energy Corporation (VLO) Is a Trending Stock: Facts to Know Before Betting on It
Valero Energy (VLO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Leading Oil Refiner's Stock Climbs Despite Market Volatility
Oil 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 Refining Giant: Valero's Impressive Shareholder Payback
Valero Energy Corporation has shown strong performance, returning over 380% in the past decade, outperforming the S&P 500 and Energy ETF. The company continues to reward shareholders with aggressive buybacks and dividend hikes, maintaining a healthy balance sheet and strong free cash flow. Despite recent earnings decline, Valero's strategic positioning in renewable fuels and sustainable aviation fuel make it resilient, with potential for long-term growth.
Valero plans to run refineries at 92% of combined capacity in Q3 2024
U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to 92% of their combined 3.2 million barrel-per-day (bpd) total throughput capacity in the third quarter of 2024, according to plans announced by Homer Bhullar, vice president of investor relations.
Valero (VLO) Q2 Earnings & Revenues Beat on Estimates, Fall Y/Y
Valero's (VLO) Q2 earnings and revenues beat estimates on soaring refining throughput volumes, partially offset by lower margins.
Valero Energy (VLO) Beats Q2 Earnings and Revenue Estimates
Valero Energy (VLO) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $5.40 per share a year ago.
What's in Store for Valero Energy (VLO) in Q2 Earnings?
Higher crude oil prices outpaced refined product price increases in Q2, potentially squeezing Valero Energy's (VLO) margins and affecting its quarterly performance.
Valero Energy (VLO) Rises As Market Takes a Dip: Key Facts
Valero Energy (VLO) closed at $148.33 in the latest trading session, marking a +0.37% move from the prior day.
Here's Why Valero Energy (VLO) Fell More Than Broader Market
In the closing of the recent trading day, Valero Energy (VLO) stood at $147.78, denoting a -1.51% change from the preceding trading day.
Analysts Estimate Valero Energy (VLO) to Report a Decline in Earnings: What to Look Out for
Valero Energy (VLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why Valero Energy (VLO) Outpaced the Stock Market Today
Valero Energy (VLO) reachead $147.92 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.
Here's Why Hold Strategy is Apt for Valero (VLO) Stock Now
Valero's (VLO) premium refining operations are resilient, even when the business operating environment is carbon-constrained.
