Valero Energy Corporation (VLO)
Valero Energy Corporation (VLO) is Attracting Investor Attention: Here is What You Should Know
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.
Valero Energy Corporation (VLO) Q3 2024 Earnings Call Transcript
Valero Energy Corporation (NYSE:VLO ) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Homer Bhullar - VP, IR & Finance Lane Riggs - Chief Executive Officer and President Gary Simmons - Executive Vice President and Chief Operating Officer Greg Bram - Vice President, Refining Services Jason Fraser - Executive Vice President and Chief Financial Office Eric Fisher - Senior Vice President Product Supply, Trading & Wholesale Richard Walsh - VP & Deputy General Counsel Conference Call Participants Manav Gupta - UBS John Royall - JPMorgan Theresa Chen - Barclays Doug Leggate - Wolfe Research Roger Read - Wells Fargo Paul Cheng - Scotiabank Jean Salisbury - Bank of America Merrill Lynch Joe Laetsch - Morgan Stanley Ryan Todd - Piper Sandler Neil Mehta - Goldman Sachs Matthew Blair - TPH Jason Gabelman - TD Cowen Operator Greetings, and welcome to Valero Energy Corp. Third Quarter 2024 Earnings Conference Call. [Operator Instructions].
Valero Energy's Q3 Earnings Miss on Lower Throughput Volumes
VLO???s Q3 earnings and revenues lag estimates owing to weaker refining margins and declining renewable diesel margins.
Valero Energy (VLO) Q3 Earnings and Revenues Miss Estimates
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 Earnings Preview: Industry Best Operating Costs Shine Bright In A Weak Market
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.
What's in the Cards for Valero Energy in Third-Quarter Earnings?
Weaker global demand for refined products and heightened competition abroad are likely to have affected VLO's Q3 earnings.
Valero Energy (VLO) Advances But Underperforms Market: Key Facts
Valero Energy (VLO) reachead $137.04 at the closing of the latest trading day, reflecting a +0.29% change compared to its last close.
Valero Energy (VLO) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, Valero Energy (VLO) closed at $136.65, indicating a +0.83% shift from the previous 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.
Valero Energy (VLO) Stock Sinks As Market Gains: Here's Why
Valero Energy (VLO) closed the most recent trading day at $142.34, moving -0.26% from the previous trading session.
Valero Energy (VLO) Advances While Market Declines: Some Information for Investors
The latest trading day saw Valero Energy (VLO) settling at $137.47, representing a +1.81% change from its previous close.
Is Valero Energy (VLO) a Buy as Wall Street Analysts Look Optimistic?
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?
