Valero Energy Corporation’s Stock Price Declines to $121.76, Reporting a 4.58% Drop

Valero Energy Corporation (VLO)

121.76 USD -5.85 (-4.58%) Volume: 6.05M

Valero Energy Corporation’s stock price stands at 121.76 USD, experiencing a dip of -4.58% this trading session with a trading volume of 6.05M, reflecting a slight YTD decrease of -0.68%, indicating a cautious market sentiment towards VLO.

Latest developments on Valero Energy Corporation

Valero Energy Co. (NYSE:VLO) has been experiencing various stock price movements today due to recent investment activities by several companies. Patten Group Inc. has made a new investment in Valero Energy, while Cypress Capital Group has trimmed their stake in the company. Commerzbank Aktiengesellschaft FI purchased 1,999 shares, Motco raised their stake, and Fusion Capital LLC sold 5,277 shares. Additionally, SVB Wealth LLC took a position in Valero Energy, QRG Capital Management Inc. acquired 8,575 shares, and Jones Financial Companies Lllp increased their stock position. Charles Schwab Investment Management Inc. also grew their stake, while Mutual of America Capital Management LLC lowered their position. Proficio Capital Partners LLC bought a significant number of shares totaling 235,695. These investments and changes in stake holdings have influenced the stock price movements of Valero Energy Co. today.

Valero Energy Corporation on Smartkarma

Analysts on Smartkarma, such as Baptista Research and Value Investors Club, have provided bullish coverage on Valero Energy Corporation. Baptista Research‘s report delves into the impact of international trade and market dynamics on the company’s financial performance for the third quarter of 2024, highlighting a mixed set of results influenced by maintenance activities and margin challenges. On the other hand, Value Investors Club emphasizes Valero’s strong performance in the oil refining industry since its IPO in 1997, with consistent growth and a growing dividend. Despite a pullback from April’s all-time high, the stock has delivered strong returns, up 16% year-to-date and providing a total return of 72% for the author.

A look at Valero Energy Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Valero Energy Corporation, an independent petroleum refining and marketing company, has been given a positive long-term outlook based on its Smartkarma Smart Scores. With a strong score in Growth and Dividend, Valero Energy is positioned well for future expansion and returns for investors. The company’s focus on producing a variety of refined products, including diesel fuel and petrochemicals, has contributed to its high score in Growth.

While Valero Energy scores lower in Value and Resilience, its overall outlook remains positive with a score of 3. The company’s momentum score also indicates a stable performance. Valero Energy‘s presence in the United States, Canada, and Aruba, along with its diverse product portfolio, positions it well for long-term success in the petroleum industry.

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