Valero Energy Corporation (VLO) has been in the spotlight recently with several key developments. The company continues to attract investors, with Impact Partnership Wealth LLC making a new $1.25 million investment. Meanwhile, Financial advisors such as Covenant Asset Management and Stephens Inc. AR have increased their stakes in VLO. The company is also expected to surpass earnings estimates, which could propel the stock higher. Despite a recent plunge in trading volume ranking and stock price decline, the company maintains a significant Institutional ownership of around 88%, underscoring the trust of major players in the market. However, the company has drawn mixed reactions from analyst firms, with Wolfe Research downgrading the company to 'Peer Perform' from 'Outperform' while Barclays maintains its 'Buy' rating for the company. Valero Energy continues to impress with its operational efficiency, highlighted by its industry-leading operating margin. Going forward, the company's performance will be closely watched when it releases its quarterly earnings on Thursday. The company has had a massive impairment of $1.1bn and may possibly cease operations at the California refinery by 2026. Despite these challenges, Valero Energy remains a favorite among Billionaires, and a top pick among crude oil and energy stocks.
Valero Energy Corporation VLO News Analytics from Sun, 01 Dec 2024 08:00:00 GMT to Sat, 19 Jul 2025 15:19:59 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -1
