Valero Energy Corporation (VLO) remains a persuasive investment opportunity as it persistently displays positive momentum. The company posted remarkable
Q1 2024 earnings results, outperforming expectations, which lead to a stock surge, touching new high-points. Fisher Asset Management LLC holds $1.29 million in Valero Energy, whereas National Bank of Canada Financial Inc. also recently procured shares of the company. Certain analysts consider Valero a logical purchase right now, with a suggestion of the stock as a top momentum choice for the long term. Striking business decisions include an early launch of their
Diamond Green Diesel Plant in Q4, surpassing the initial 2025 target. Furthermore, Valero's decision to participate in Summit's
carbon capture initiative showcases their commitment towards sustainable operations. The company continues to pique investors' interest with relentless growth, reliable dividends, and strategic ventures coupled with increasing institutional ownership. However, some analysts urged caution on the upcoming dividends. Despite minor market underperformance and a slight drop, the company's strong financials are steering the current uptrend.
Valero Energy Corporation VLO News Analytics from Mon, 10 Jul 2023 07:00:00 GMT to Fri, 10 May 2024 13:31:00 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -3
