VLO Stock Recent News
VLO LATEST HEADLINES
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
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.
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today that it has priced a public offering of $650,000,000 aggregate principal amount of 5.150% Senior Notes due 2030 (the “Notes”). The offering is expected to close on February 7, 2025, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes, including the repayment, repurchase, or redemption of its outstanding 3.650% Senior Notes due.
Investors should keep a tab on stocks like General Motors, Dana, Valero Energy, National Vision and Avis Budget for high returns.
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 Co
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.
Valero Energy (VLO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $3.55 per share a year ago.