Sen. Markwayne Mullin Purchases Shares of Valero Energy Corporation (NYSE:VLO)

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Valero Energy Corporation NYSE: VLO. In a filing disclosed on June 11th, the Senator disclosed that they had bought between $50,001 and $100,000 in Valero Energy stock on May 13th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of LPL Financial NASDAQ: LPLA on 5/13/2025.
• Purchased $50,001 - $100,000 in shares of Chevron NYSE: CVX on 5/13/2025.
• Purchased $50,001 - $100,000 in shares of Zoetis NYSE: ZTS on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of L3Harris Technologies NYSE: LHX on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of ConocoPhillips NYSE: COP on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of Applied Materials NASDAQ: AMAT on 5/13/2025.
• Sold $500,001 - $1,000,000 in shares of SPDR S&P 500 ETF Trust NYSEARCA: SPY on 5/13/2025.

Valero Energy Stock Performance

VLO traded up $1.89 during midday trading on Friday, reaching $142.23. The company had a trading volume of 483,360 shares, compared to its average volume of 3,378,614. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average of $137.53 and a two-hundred day moving average of $130.68. The company has a market cap of $44.55 billion, a P/E ratio of 50.30, a P/E/G ratio of 2.52 and a beta of 1.00. Valero Energy Corporation has a 1 year low of $99.00 and a 1 year high of $167.78.

Valero Energy (NYSE:VLO - Get Free Report) last released its earnings results on Thursday, July 24th. The oil and gas company reported $2.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.62. Valero Energy had a return on equity of 6.30% and a net margin of 0.72%. The firm had revenue of $29.89 billion during the quarter, compared to analysts' expectations of $27 billion. During the same quarter last year, the business posted $2.71 earnings per share. The firm's revenue was down 13.3% on a year-over-year basis. As a group, equities research analysts predict that Valero Energy Corporation will post 7.92 earnings per share for the current fiscal year.

Valero Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Thursday, July 31st will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, July 31st. Valero Energy's payout ratio is 159.72%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company raised their price target on Valero Energy from $151.00 to $168.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. reduced their price objective on Valero Energy from $152.00 to $147.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Raymond James Financial raised their price objective on Valero Energy from $155.00 to $172.00 and gave the stock a "strong-buy" rating in a report on Tuesday, July 15th. Citigroup downgraded Valero Energy from a "buy" rating to a "neutral" rating and raised their price objective for the stock from $134.00 to $150.00 in a report on Wednesday, July 16th. Finally, Barclays raised their price objective on Valero Energy from $140.00 to $141.00 and gave the stock an "overweight" rating in a report on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Valero Energy has a consensus rating of "Moderate Buy" and an average target price of $153.80.

Institutional Investors Weigh In On Valero Energy

A number of institutional investors and hedge funds have recently bought and sold shares of VLO. Wayfinding Financial LLC acquired a new position in Valero Energy in the 1st quarter valued at $26,000. Hoey Investments Inc. acquired a new position in Valero Energy in the 2nd quarter valued at $26,000. GFG Capital LLC acquired a new position in Valero Energy in the 2nd quarter valued at $27,000. Hazlett Burt & Watson Inc. raised its holdings in Valero Energy by 156.6% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 213 shares of the oil and gas company's stock valued at $28,000 after acquiring an additional 130 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new position in Valero Energy in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 78.69% of the company's stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Valero Energy Company Profile

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.