VLO???s Q3 earnings and revenues lag estimates owing to weaker refining margins and declining renewable diesel margins.
Valero Energy (VLO) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $7.49 per share a year ago.
Valero Energy is the lowest-cost refiner, providing a wide moat advantage and strong financial results even in weak markets. I project VLO will exceed Q3 earnings estimates despite a 17% decline in refining margins, driven by its industry-best operating costs. Four refinery closures in 2025 will improve market fundamentals, potentially boosting crack spreads and benefiting VLO's Gulf Coast operations.
Weaker global demand for refined products and heightened competition abroad are likely to have affected VLO's Q3 earnings.
Valero Energy (VLO) reachead $137.04 at the closing of the latest trading day, reflecting a +0.29% change compared to its last close.
In the most recent trading session, Valero Energy (VLO) closed at $136.65, indicating a +0.83% shift from the previous trading day.
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.
Valero Energy (VLO) closed the most recent trading day at $142.34, moving -0.26% from the previous trading session.
The latest trading day saw Valero Energy (VLO) settling at $137.47, representing a +1.81% change from its previous close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Valero Energy (VLO) closed at $135.18 in the latest trading session, marking a +0.54% move from the prior day.
Shares of energy firm Valero Energy Corp (NYSE:VLO) are 0.9% lower before the opening bell following a bear note.