VVV Stock Recent News

A wealthy company abroad apparently wants to buy the motor oil manufacturer's retail operations.

Valvoline Inc. VVV, +17.26% rallied 16% in midday trades on Wednesday after the company's shares were briefly halted due to volatility. The motor oil company has been approached about a potential acquisition by Aramco, the state run oil company of Saudi Arabia, The Wall Street Journal reported, citing sources familiar with the situation.

Valvoline Inc. (NYSE:VVV ) Q1 2022 Earnings Conference Call May 10, 2022 9:00 AM ET Company Participants Sean Cornett - Senior Director, Investor Relations Sam Mitchell - Chief Executive Officer Mary Meixelsperger - Chief Financial Officer Conference Call Participants Michael Kessler - Morgan Stanley Mike Harrison - Seaport Research Partners Operator Ladies and gentlemen, hello and welcome to Valvoline's 2Q 2022 Earnings Conference Call and Webcast. My name is Maxine and I'll be coordinating the call today.

Valvoline (VVV) delivered earnings and revenue surprises of 0% and 1.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Valvoline (VVV) 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.