Valero Energy (VLO) closed the most recent trading day at $133.84, moving +1.37% from the previous trading session.
Valero Energy Corporation is a top US independent oil refiner, producing essential fuels like gasoline, diesel, jet fuel, and ethanol, with significant barriers to entry for competitors. I am upranking Valero, a $39.4 billion company, to a buy due to its strong position in traditional and renewable fuel markets, a 3.6% dividend, and relatively low stock price. Although tariffs are a big unknown, Valero may benefit from lower crude prices and a much friendlier-to-all US national energy policy.
Valero Energy (VLO) reachead $126.85 at the closing of the latest trading day, reflecting a +0.67% change compared to its last close.
The shares of Valero Energy Corporation VLO and Marathon Petroleum Corp MPC have been crushed over the past month. Both have dropped nearly 20%.
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.
In the most recent trading session, Valero Energy (VLO) closed at $130.73, indicating a +0.85% shift from the previous trading day.
Looking ahead, VLO expects refining margins to be supported by low light product inventories leading into the driving season.
Zacks.com users have recently been watching Valero Energy (VLO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
VLO has proven to be resilient in a challenging market due to industry leading operating costs. This allowed the company to handily beat Wall Street expectations by $0.58/share in Q4. The competitive advantage the company possesses in operating costs significantly shields the balance sheet from market volatility. This is unmatched by the high-cost providers of the industry. 2025 looks to be set up for improved margins with 2 million barrels per day of capacity leaving the market. Several key competitors to VLO's portfolio are among those exiting.
Valero Energy Corporation (NYSE:VLO ) Q4 2024 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Homer Bhullar - Vice President of Investor Relations and Finance Lane Riggs - Chairman, Chief Executive Officer and President Jason Fraser - Executive Vice President and Chief Financial Officer Gary Simmons - Executive Vice President and Chief Operating Officer Greg Bram - Vice President, Refining Services Eric Fisher - Senior Vice President Product Supply, Trading and Wholesale Richard Walsh - Vice President and Deputy General Counsel Conference Call Participants John Royall - J.P. Morgan Doug Leggate - Wolfe Research Neil Mehta - Goldman Sachs Theresa Chen - Barclays Manav Gupta - UBS Paul Sankey - Sankey Research Roger Read - Wells Fargo Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Joe Laetsch - Morgan Stanley Matthew Blair - Tudor, Pickering, Holt Jason Gabelman - TD Cowen Operator Greetings, and welcome to Valero Energy Corp. Fourth Quarter 2024 Earnings Conference Call.
VLO Q4 earnings and revenues decline year over year, primarily due to lower refining margins per barrel of throughput.
Valero Energy (VLO -0.12%), a leading international manufacturer and marketer of transportation fuels and petrochemical products, released its earnings for the fourth quarter of 2024 on Jan. 30, 2025. The company recorded an adjusted earnings per share (EPS) of $0.64.