Valero Energy Corp. Stock Soars on Bullish Trading Day
December 17, 2023
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Valero Energy ($NYSE:VLO) Corp. was a winner on the stock market on a bullish trading day, with its stock soaring to new heights. The company, whose headquarters are in Texas, is an international manufacturer and marketer of transportation fuels, as well as petrochemical and other industrial products. The rise was attributed to a number of factors, including the company’s solid financial performance and strong growth prospects. Analysts also noted that Valero had been taking steps to reduce its debt load and improve its balance sheet.
In addition, the company has been expanding its production capacity, indicating that it is well-positioned for future growth. All of these factors contributed to investor confidence in Valero Energy Corp., driving its stock higher on the day.
Share Price
On Tuesday, Valero Energy Corp. (VALERO) stock opened at $126.5 and closed at $125.6, down by 0.6% from its last closing price of $126.5. Despite the slight dip in share price, the company’s stock remained relatively stable as it soared to new highs on a bullish trading day. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Valero Energy. More…
| Total Revenues | Net Income | Net Margin |
| 151.1k | 10.71k | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Valero Energy. More…
| Operations | Investing | Financing |
| 12.09k | -2.12k | -8.22k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Valero Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 63.17k | 35.12k | 76.3 |
Key Ratios Snapshot
Some of the financial key ratios for Valero Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.6% | 185.1% | 10.0% |
| FCF Margin | ROE | ROA |
| 7.3% | 36.3% | 14.9% |
Analysis
GoodWhale has conducted an analysis of VALERO ENERGY‘s financials. On the Star Chart, VALERO ENERGY has been classified as a ‘cheetah.’ This means that VALERO ENERGY has achieved high revenue or earnings growth but is considered to be less stable due to lower profitability. Considering its high health score of 9/10, VALERO ENERGY has the capability to safely ride out any crisis without the risk of bankruptcy. Furthermore, VALERO ENERGY is strong in asset, dividend, and growth while being medium in profitability. Given its strong financial position and consistent revenue and earning growth, VALERO ENERGY is an attractive investment for investors looking for a balance between potential returns and stability. More…
Peers
Valero Energy Corp is one of the largest refiners and marketers of petroleum products in the United States. Its competitors include Marathon Petroleum Corp, Phillips 66, Delek US Holdings Inc.
– Marathon Petroleum Corp ($NYSE:MPC)
As of 2022, Marathon Petroleum Corporation has a market capitalization of 54.29 billion dollars and a return on equity of 32.4%. The company is engaged in the refining, marketing, and transportation of petroleum products and crude oil, as well as the production and marketing of natural gas and natural gas liquids. Marathon Petroleum is the largest refiner in the United States, with operations in 19 states and the District of Columbia. The company also has a significant presence in Canada, Europe, and Asia.
– Phillips 66 ($NYSE:PSX)
Phillips 66 has a market cap of $47.12 billion as of 2022 and a return on equity of 20.59%. The company is an energy manufacturing and logistics company with operations in the United States, Europe, and Asia. Phillips 66 is engaged in the refining, marketing, and transportation of crude oil, petroleum products, and natural gas. The company also has a chemicals business.
– Delek US Holdings Inc ($NYSE:DK)
Delek US Holdings Inc is a diversified downstream energy company with operations in refining, logistics, and retail. The company owns and operates four refineries with a combined capacity of approximately 620,000 barrels per day in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana. It also owns and operates a fleet of approximately 4,000 railcars and a network of approximately 30 crude oil and refined product truck terminals. The company’s retail segment consists of approximately 350 company-operated convenience stores and fuel centers.
Summary
Valero Energy Corp. stock has experienced strong gains recently, outperforming the market on a single trading day. Investors have reacted favorably to the company’s financial performance, as its profits increased throughout the year. Valero Energy has also seen an increase in the demand for its products, driven by positive catalysts such as a rebound in oil and gas prices, and investments in new projects.
The company has also taken steps to improve its efficiency and lower its debt levels, with the aim of increasing shareholder value. Going forward, analysts expect Valero Energy to benefit from its presence in a strong energy market, with robust growth prospects and attractive returns on investment.
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