VLO
Valero Energy Corporation · Energy
245.58
0.61%(+1.49)
Prev. Close246.85
0.52%(+1.27)
Pre-marketLast Updated: — ET
52W L: $101.6652W H: $258.43
$245.52
CHG+17.53 (+7.69%)
H$263.04
L$213.57
VOL76M
VLO (1h)
Valero Energy Corporation · Energy
Valero Energy is a large U.S. refiner. Supply disruptions stemming from the geopolitical conflict in the Middle East have increased margins in the refining space.
Valero Energy (VLO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Valero Energy (VLO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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The U.S. produces more energy than it consumes. Yet the price of oil has soared about 70% since Feb. 28 when the U.S. and Israel attacked Iran, according to LiteFinance.
Valero benefits from a long-term structural shift in the global refining market, which supports higher, more durable profitability for efficient operators.
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