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Valero Energy (VLO) Stock Price, News & Analysis

$168.99
-1.68 (-0.98%)
(As of 04:10 PM ET)
Today's Range
$166.57
$171.23
50-Day Range
$135.03
$183.42
52-Week Range
$104.18
$184.79
Volume
2.08 million shs
Average Volume
3.38 million shs
Market Capitalization
$56.19 billion
P/E Ratio
6.83
Dividend Yield
2.53%
Price Target
$172.40

Valero Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
2.8% Upside
$172.40 Price Target
Short Interest
Healthy
3.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.86
Upright™ Environmental Score
News Sentiment
1.05mentions of Valero Energy in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-18.38%
From $17.25 to $14.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Oils/Energy Sector

59th out of 241 stocks

Petroleum Refining Industry

8th out of 16 stocks

VLO stock logo

About Valero Energy Stock (NYSE:VLO)

Valero Energy Corporation is a Fortune 500 company that operates as an independent petroleum refining and marketing company based in San Antonio, Texas. The company was founded in 1980 and has since grown into one of the largest oil refiners in the United States. Valero Energy Corporation operates 15 refineries with a combined refining capacity of approximately 3.2 million barrels daily, making it the largest independent refiner in North America. Additionally, the company has an extensive network of over 7,000 retail and wholesale branded outlets across the United States, Canada, the United Kingdom, and Ireland.

The leadership team at Valero Energy Corporation is led by Chairman and Chief Executive Officer Joseph W. Gorder, who has been with the company since 1981. Gorder has served in several leadership positions at Valero Energy Corporation, including President and Chief Operating Officer, before being appointed to his current role in 2014. The company's Chief Financial Officer is Jason Fraser, who has been with Valero since 1999. Before being appointed CFO, Mr. Fraser served as General Counsel and Senior Vice President, providing oversight of public policy, planning, government affairs, and investor relations. 

Over the past few years, Valero Energy Corporation has consistently reported strong financial results. The company struggled in 2020 due to investors' concerns regarding the pandemic. However, the company still reported a net income of $1.1 billion for the year, down from $2.4 billion in 2019. Since then, the company has rebounded and reached all-time highs in its stock price. The company's profit margins have also remained strong, with gross profit margins of around 11% and an operating profit margin of about 5%.

Valero Energy Corporation has managed its debt levels well, with a total debt-to-equity ratio average of 0.36. The company's ownership structure has remained relatively stable, with no significant changes in ownership in recent years.

Valero Energy Corporation's valuation metrics include a price-to-earnings ratio and a price-to-book ratio that aligns with industry peers. The company's market capitalization is approximately $50 billion, making it one of the largest independent refiners in North America.

Valero Energy Corporation operates in a highly competitive industry, with significant competition from other independent refiners, integrated oil companies, and biofuel producers. The petroleum refining industry is subject to extensive regulatory oversight, and changes in regulations and political developments can significantly impact the industry's profitability. Additionally, the industry is subject to significant price volatility due to fluctuations in global oil prices.

Despite the industry's challenges, Valero Energy Corporation has several growth opportunities. The company has invested in renewable fuels and advanced technologies to improve its environmental performance, including developing renewable diesel and sustainable aviation fuel. Additionally, the company has announced plans to acquire several new renewable diesel plants, increasing its capacity to produce low-carbon fuels. Valero Energy Corporation is also expanding its retail and wholesale network, with plans to add new locations in strategic markets in the United States and Canada.

However, the company also faces several risks and challenges. Changes in consumer preferences towards electric vehicles and renewable energy could reduce demand for petroleum products, significantly impacting Valero Energy Corporation's revenue and profitability. Additionally, the company's business is subject to significant regulatory and environmental risks and geopolitical risks, such as the impact of international trade policies and sanctions.

Valero Energy Corporation has focused on improving its operational efficiency, reducing costs, and investing in new technologies to improve its environmental performance to mitigate these risks. The company has also maintained a strong balance sheet, focusing on managing its debt levels and maintaining a healthy cash position.

VLO Stock Price History

VLO Stock News Headlines

How to Invest in Energy (VLO)
Energy keeps the world moving, from oil to gas to solar to wind. Learn about the types of energy investments, where to find them and which may be best for you.
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Valero Energy (NYSE:VLO) PT Raised to $165.00 at Scotiabank
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Valero Energy (NYSE:VLO) PT Raised to $190.00 at TD Cowen
Barclays Keeps Their Buy Rating on Valero Energy (VLO)
15 Fastest Growing Counties in the US
VLO Mar 2024 180.000 call
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/4 Dividend
1/31/2024
Dividend Payable
3/04/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Oil & Gas Refining & Marketing
CUSIP
91913Y10
Employees
9,908
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$172.40
High Stock Price Target
$210.00
Low Stock Price Target
$130.00
Potential Upside/Downside
+3.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

Net Income
$8.84 billion
Pretax Margin
8.13%

Debt

Sales & Book Value

Annual Sales
$144.77 billion
Cash Flow
$33.35 per share
Book Value
$85.58 per share

Miscellaneous

Free Float
330,919,000
Market Cap
$55.67 billion
Optionable
Optionable
Beta
1.54

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Should I Buy Valero Energy Stock? VLO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Valero Energy Co.:

  • Valero Energy Co. has a strong market capitalization of $49.84 billion, indicating stability and size in the industry.
  • Valero Energy Co. reported a solid earnings per share (EPS) of $3.55 for the last quarter, surpassing analyst estimates by $0.60, showcasing strong financial performance.
  • Valero Energy Co. recently increased its dividend to $1.07 per share, representing a dividend yield of 2.86%, which can be attractive to income-seeking investors.
  • Valero Energy Co. operates in multiple segments including Refining, Renewable Diesel, and Ethanol, diversifying its revenue streams and reducing risk.
  • Valero Energy Co. has a low debt-to-equity ratio of 0.35, indicating a healthy balance sheet and lower financial risk.

Cons

Investors should be bearish about investing in Valero Energy Co. for these reasons:

  • Valero Energy Co.'s stock price has reached a fifty-two week high of $152.20, potentially limiting short-term upside for new investors.
  • Valero Energy Co. operates in the petroleum refining industry, which can be volatile due to fluctuations in oil prices and demand.
  • Valero Energy Co.'s revenue was down 15.2% compared to the same quarter last year, indicating a recent decline in financial performance.
  • Valero Energy Co.'s price-to-earnings ratio of 6.05 may suggest that the stock is currently overvalued compared to industry peers.
  • Valero Energy Co. faces regulatory and environmental risks associated with its operations in the oil & gas refining industry.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Valero Energy pros and cons to contact@marketbeat.com.

VLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Valero Energy stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Valero Energy in the last year. There are currently 1 sell rating, 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VLO shares.
View VLO analyst ratings
or view top-rated stocks.

What is Valero Energy's stock price target for 2024?

15 brokerages have issued 1-year price objectives for Valero Energy's shares. Their VLO share price targets range from $130.00 to $210.00. On average, they expect the company's stock price to reach $172.40 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for VLO
or view top-rated stocks among Wall Street analysts.

How have VLO shares performed in 2024?

Valero Energy's stock was trading at $130.00 at the start of the year. Since then, VLO stock has increased by 29.1% and is now trading at $167.77.
View the best growth stocks for 2024 here
.

When is Valero Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our VLO earnings forecast
.

How can I listen to Valero Energy's earnings call?

Valero Energy will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Valero Energy's earnings last quarter?

Valero Energy Co. (NYSE:VLO) issued its quarterly earnings results on Thursday, January, 25th. The oil and gas company reported $3.55 EPS for the quarter, beating analysts' consensus estimates of $2.95 by $0.60. The oil and gas company had revenue of $35.41 billion for the quarter, compared to the consensus estimate of $34.76 billion. Valero Energy had a net margin of 6.10% and a trailing twelve-month return on equity of 31.62%. Valero Energy's revenue for the quarter was down 15.2% on a year-over-year basis. During the same period last year, the firm posted $8.45 EPS.
Read the conference call transcript
.

How often does Valero Energy pay dividends? What is the dividend yield for Valero Energy?

Valero Energy announced a quarterly dividend on Thursday, January 18th. Shareholders of record on Thursday, February 1st will be given a dividend of $1.07 per share on Monday, March 4th. This represents a $4.28 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Wednesday, January 31st. This is a boost from the stock's previous quarterly dividend of $1.02.
Read our dividend analysis for VLO
.

Is Valero Energy a good dividend stock?

Valero Energy (NYSE:VLO) pays an annual dividend of $4.28 per share and currently has a dividend yield of 2.47%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLO will have a dividend payout ratio of 30.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VLO.

What is Joe Gorder's approval rating as Valero Energy's CEO?

146 employees have rated Valero Energy Chief Executive Officer Joe Gorder on Glassdoor.com. Joe Gorder has an approval rating of 84% among the company's employees.

What other stocks do shareholders of Valero Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Valero Energy investors own include AT&T (T), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Chevron (CVX), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Micron Technology (MU), NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM).

Who are Valero Energy's major shareholders?

Valero Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Wilsey Asset Management Inc. (0.07%), Guinness Asset Management LTD (0.04%), Los Angeles Capital Management LLC (0.04%), CHURCHILL MANAGEMENT Corp (0.04%) and Wealth Enhancement Advisory Services LLC (0.03%). Insiders that own company stock include Gary K Simmons, Joseph W Gorder and R Lane Riggs.
View institutional ownership trends
.

How do I buy shares of Valero Energy?

Shares of VLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Valero Energy have any subsidiaries?
The following companies are subsidiares of Valero Energy: AIR BP-PBF DEL PERU SAC, BELFAST STORAGE LTD, CANADIAN ULTRAMAR COMPANY, COLONNADE TEXAS INSURANCE COMPANY LLC, COLONNADE VERMONT INSURANCE COMPANY, DIAMOND ALTERNATIVE ENERGY LLC, DIAMOND ALTERNATIVE ENERGY OF CANADA INC., DIAMOND GREEN DIESEL HOLDINGS LLC, DIAMOND GREEN DIESEL LLC, DIAMOND K RANCH LLC, DIAMOND OMEGA COMPANY L.L.C., DIAMOND SHAMROCK REFINING COMPANY L.P., DIAMOND UNIT INVESTMENTS L.L.C., DSRM NATIONAL BANK, ENTERPRISE CLAIMS MANAGEMENT INC., GCP LOGISTICS COMPANY LLC, GOLDEN EAGLE ASSURANCE LIMITED, HAMMOND MAINLINE PIPELINE LLC, HUNTWAY REFINING COMPANY, MAINLINE PIPELINES LIMITED, MAPLE ETHANOL LTD., MICHIGAN REDEVELOPMENT GP LLC, MICHIGAN REDEVELOPMENT L.P., MRP PROPERTIES COMPANY LLC, NECHES RIVER HOLDING CORP., NORCO METHANOL LLC, OCEANIC TANKERS AGENCY LIMITED, PARKWAY PIPELINE LLC, PENTA TANKS TERMINALS S.A., PI DOCK FACILITIES LLC, PICKARD PLACE CONDOMINIUM ASSOCIATION, PORT ARTHUR COKER COMPANY L.P., PREMCOR USA INC., PROPERTY RESTORATION L.P., PURE BIOFUELS DEL PERU S.A.C., PURE BIOFUELS HOLDINGS L.P., Parkway Pipeline, Premcor, Pure Biofuels Del Peru, SABINE RIVER HOLDING CORP., SABINE RIVER LLC, SAINT BERNARD PROPERTIES COMPANY LLC, SUNBELT REFINING COMPANY L.P., THE PREMCOR PIPELINE CO., THE PREMCOR REFINING GROUP INC., THE SHAMROCK PIPE LINE CORPORATION, TRANSPORT MARITIME ST. LAURENT INC., ULTRAMAR ACCEPTANCE INC., ULTRAMAR ENERGY INC., ULTRAMAR INC., Ultramar Diamond Shamrock, V-TEX LOGISTICS LLC, VALERO (BARBADOS) SRL, VALERO (PERU) HOLDINGS GP LLC, VALERO (PERU) HOLDINGS LIMITED, VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ARUBA ACQUISITION COMPANY I LTD., VALERO ARUBA FINANCE INTERNATIONAL LTD., VALERO ARUBA HOLDING COMPANY N.V., VALERO ARUBA HOLDINGS INTERNATIONAL LTD., VALERO ARUBA MAINTENANCE/OPERATIONS COMPANY N.V., VALERO BROWNSVILLE TERMINAL LLC, VALERO CANADA FINANCE INC., VALERO CANADA L.P., VALERO CAPITAL CORPORATION, VALERO CARIBBEAN SERVICES COMPANY, VALERO COKER CORPORATION ARUBA N.V., VALERO CUSTOMS & TRADE SERVICES INC., VALERO EAST BAY LLC, VALERO ENERGY (IRELAND) LIMITED, VALERO ENERGY ARUBA II COMPANY, VALERO ENERGY INC., VALERO ENERGY LTD, VALERO ENERGY PARTNERS GP LLC, VALERO ENERGY PARTNERS LP, VALERO ENERGY UK LTD, VALERO ENTERPRISES INC., VALERO EQUITY SERVICES LTD, VALERO FINANCE L.P. I, VALERO FINANCE L.P. II, VALERO FINANCE L.P. III, VALERO FOREST CONTRIBUTION LLC, VALERO GRAIN MARKETING LLC, VALERO H2 PIPELINE COMPANY LLC, VALERO HOLDCO UK LTD, VALERO HOLDINGS INC., VALERO INTERNATIONAL HOLDINGS INC., VALERO LIVE OAK LLC, VALERO LOGISTICS UK LTD, VALERO MARKETING AND SUPPLY (PANAMA) LLC, VALERO MARKETING AND SUPPLY COMPANY, VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPY INTERNATIONAL LTD., VALERO MARKETING IRELAND LIMITED, VALERO MKS LOGISTICS L.L.C., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEW AMSTERDAM B.V., VALERO OMEGA COMPANY L.L.C., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONS SUPPORT LTD, VALERO PARTNERS CCTS LLC, VALERO PARTNERS CORPUS EAST LLC, VALERO PARTNERS CORPUS WEST LLC, VALERO PARTNERS EP LLC, VALERO PARTNERS HOUSTON LLC, VALERO PARTNERS LOUISIANA LLC, VALERO PARTNERS LUCAS LLC, VALERO PARTNERS MCKEE LLC, VALERO PARTNERS MEMPHIS LLC, VALERO PARTNERS MERAUX LLC, VALERO PARTNERS NORTH TEXAS LLC, VALERO PARTNERS OPERATING CO. LLC, VALERO PARTNERS PAPS LLC, VALERO PARTNERS PORT ARTHUR LLC, VALERO PARTNERS SOUTH TEXAS LLC, VALERO PARTNERS TEXAS CITY LLC, VALERO PARTNERS THREE RIVERS LLC, VALERO PARTNERS WEST MEMPHIS LLC, VALERO PARTNERS WEST TEXAS LLC, VALERO PARTNERS WYNNEWOOD LLC, VALERO PAYMENT SERVICES COMPANY, VALERO PEMBROKESHIRE LLC, VALERO PEMBROKESHIRE OIL TERMINAL LTD, VALERO PLAINS COMPANY LLC, VALERO POWER MARKETING LLC, VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL PARTNERS LLC, VALERO REFINING AND MARKETING COMPANY, VALERO REFINING COMPANY-ARUBA N.V., VALERO REFINING COMPANY-CALIFORNIA, VALERO REFINING COMPANY-OKLAHOMA, VALERO REFINING COMPANY-TENNESSEE L.L.C., VALERO REFINING-MERAUX LLC, VALERO REFINING-NEW ORLEANS L.L.C., VALERO REFINING-TEXAS L.P., VALERO RENEWABLE FUELS COMPANY LLC, VALERO SECURITY SYSTEMS INC., VALERO SERVICES INC., VALERO SKELLYTOWN PIPELINE LLC, VALERO TEJAS COMPANY LLC, VALERO TERMINAL HOLDCO LTD, VALERO TERMINALING AND DISTRIBUTION COMPANY, VALERO TERMINALING AND DISTRIBUTION DE MEXICO S.A. DE C.V., VALERO TEXAS POWER MARKETING INC., VALERO ULTRAMAR HOLDINGS INC., VALERO UNIT INVESTMENTS L.L.C., VALERO WEST WALES LLC, VRG PROPERTIES COMPANY, VTD PROPERTIES COMPANY, WARSHALL COMPANY LLC, and ZELIG COMMERCIAL INC..
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This page (NYSE:VLO) was last updated on 4/16/2024 by MarketBeat.com Staff

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