Valero Energy Co. (NYSE:VLO) has experienced notable activity in the stock market. There has been a sell-off by CX Institutional and Rhumbline Advisers, however, Harbor Capital Advisors Inc., Willis Investment Counsel, NorthCrest Asset Manangement LLC, Procyon Advisors LLC and others have significantly increased their stock positions. Valero's shares have been identified among the best oil stocks to invest in and has attracted billionaires' interests. It's also among the companies with the highest upside potentials in commodity production. The company's Q1 earnings have been predicted to beat estimates, despite underperforming compared to Dow and Nasdaq. Valero recently announced a major bond deal of $650M notes with a premium yield of 5.150%. There are concerns over the company's debt but it's believed it can manage. Coming into highlight is the plan to shut down the Benicia refinery due to regulatory environment and high costs, which resulted in a $1.1 bln impairment. Despite these factors, Valero is projected to announce its second quarter 2025 earnings results on July 24, 2025.
Valero Energy Corporation VLO News Analytics from Mon, 21 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 08:46:38 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor -6
