VLO Stock Recent News

The latest trading day saw Valero Energy (VLO) settling at $153.05, representing a -1.14% change from its previous close.

Valero Energy Corporation's price has compressed since I last covered it, as investors have shifted toward a more realistic crack spread outlook. The crack spread has risen again following refinery shutdowns, continuing the post-2020 trend toward lower gasoline and diesel production capacity. Given that capital and skilled labor costs are rising nationally, while EV sales are high, refiners are reluctant to invest, potentially indicating accelerated capacity declines.

Valero Energy (VLO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Valero Energy (VLO) concluded the recent trading session at $144.58, signifying a +1.77% move from its prior day's close.

Valero Energy (VLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

In the most recent trading session, Valero Energy (VLO) closed at $134.69, indicating a -1.66% shift from the previous trading day.

In the closing of the recent trading day, Valero Energy (VLO) stood at $137.06, denoting a -2.86% move from the preceding trading day.

Trading in Valero Energy Corp  VLO stock is quiet on Wednesday. But that may not be the case for long.

Refining margins have improved in the second quarter following the closure of three refineries and unexpected downtime at several domestic refineries. VLO is positioned to maintain its industry leading cost per barrel metric despite an elevated maintenance schedule in Q2. Closure of the Benicia refinery is projected to only increase the company's lead over the industry.

Dividend stocks are a favorite among investors for good reason.