Wells Fargo upgraded Valero Energy from Equal Weight to Overweight and set a new price target of $165.00 from $172.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $145.00 → $140.00 | Buy | TD Cowen |
| 10/17/2024 | $150.00 | Neutral | BofA Securities |
| 10/9/2024 | $172.00 → $165.00 | Equal Weight → Overweight | Wells Fargo |
| 9/20/2024 | $169.00 → $123.00 | Overweight → Neutral | Piper Sandler |
| 7/18/2024 | $177.00 | Outperform | Wolfe Research |
| 7/17/2024 | $165.00 → $175.00 | Neutral → Outperform | Mizuho |
| 5/16/2024 | Buy → Hold | Argus | |
| 4/29/2024 | $190.00 → $185.00 | Buy | TD Cowen |
TD Cowen reiterated coverage of Valero Energy with a rating of Buy and set a new price target of $140.00 from $145.00 previously
BofA Securities resumed coverage of Valero Energy with a rating of Neutral and set a new price target of $150.00
Wells Fargo upgraded Valero Energy from Equal Weight to Overweight and set a new price target of $165.00 from $172.00 previously
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
10-Q - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
4 - VALERO ENERGY CORP/TX (0001035002) (Issuer)
4 - VALERO ENERGY CORP/TX (0001035002) (Issuer)
4 - VALERO ENERGY CORP/TX (0001035002) (Issuer)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
Valero Energy (NYSE:VLO) reported quarterly earnings of $2.71 per share which beat the analyst consensus estimate of $2.56 by 5.86 percent. This is a 49.81 percent decrease over earnings of $5.40 per share from the same period last year. The company reported quarterly sales of $30.940 billion which missed the analyst consensus estimate of $33.672 billion by 8.11 percent. This is a 10.34 percent decrease over sales of $34.509 billion the same period last year.
Valero Energy's (NYSE:VLO) short percent of float has risen 24.46% since its last report. The company recently reported that it has 14.90 million shares sold short, which is 4.58% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.1 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Wolfe Research analyst Doug Leggate reinstates Valero Energy (NYSE:VLO) with a Outperform.
Joseph W. Gorder to Retire as Executive Chairman and Director CEO and President R. Lane Riggs to Assume Chairman Position Valero Energy Corporation (NYSE:VLO, "Valero")) today announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero's Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date. Mr. Gorder retired as Valero's CEO effective as of the close of business on June 30, 2023 and has served as Executive Chairman of the Board since that time. In his rol
The Board of Directors of Valero Energy Corporation (NYSE:VLO, "Valero")) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at the close of business on November 20, 2024. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. wi
Reported net income attributable to Valero stockholders of $364 million, or $1.14 per share Returned $907 million to stockholders through dividends and stock buybacks Successfully completed the Diamond Green Diesel (DGD) Port Arthur Sustainable Aviation Fuel (SAF) project in October Valero Energy Corporation (NYSE:VLO, "Valero"))) today reported net income attributable to Valero stockholders of $364 million, or $1.14 per share, for the third quarter of 2024, compared to $2.6 billion, or $7.49 per share, for the third quarter of 2023. Refining The Refining segment reported operating income of $565 million for the third quarter of 2024, compared to $3.4 billion for the third quarter
The Board of Directors of Valero Energy Corporation (NYSE:VLO, "Valero")) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at the close of business on November 20, 2024. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. wi
Reported net income attributable to Valero stockholders of $364 million, or $1.14 per share Returned $907 million to stockholders through dividends and stock buybacks Successfully completed the Diamond Green Diesel (DGD) Port Arthur Sustainable Aviation Fuel (SAF) project in October Valero Energy Corporation (NYSE:VLO, "Valero"))) today reported net income attributable to Valero stockholders of $364 million, or $1.14 per share, for the third quarter of 2024, compared to $2.6 billion, or $7.49 per share, for the third quarter of 2023. Refining The Refining segment reported operating income of $565 million for the third quarter of 2024, compared to $3.4 billion for the third quarter
Valero Energy Corporation (NYSE:VLO) announced today that it will host a conference call on October 24, 2024 at 10:00 a.m. ET to discuss third quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, t
Joseph W. Gorder to Retire as Executive Chairman and Director CEO and President R. Lane Riggs to Assume Chairman Position Valero Energy Corporation (NYSE:VLO, "Valero")) today announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero's Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date. Mr. Gorder retired as Valero's CEO effective as of the close of business on June 30, 2023 and has served as Executive Chairman of the Board since that time. In his rol
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
Joseph W. Gorder to Retire as CEO; Will Remain as Executive Chairman R. Lane Riggs to Assume CEO Position and Become Director Valero Energy Corporation (NYSE:VLO, "Valero"))) announced today that Joseph W. Gorder, Valero's Chief Executive Officer and Chairman of the Board, has chosen to retire as CEO and has been elected as Executive Chairman of the Board, both effective June 30, 2023. In his new role, Mr. Gorder will lead the Board of Directors, and continue to provide advice and counsel to the CEO and Valero's leadership on Company decisions. R. Lane Riggs, Valero's President and Chief Operating Officer, has been elected to serve as Valero's CEO and as a member of the Board, also ef