Valero EnergyVLO
Market Cap: 52B
About: Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which has the capacity to produce 1.2 billion gallons per year of renewable diesel.
Employees: 9,908
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
115% more funds holding in top 10
Funds holding in top 10: 13 [Q4 2023] → 28 (+15) [Q1 2024]
59% more call options, than puts
Call options by funds: $2B | Put options by funds: $1.26B
38% more first-time investments, than exits
New positions opened: 198 | Existing positions closed: 143
31% more capital invested
Capital invested by funds: $34B [Q4 2023] → $44.6B (+$10.7B) [Q1 2024]
4% more funds holding
Funds holding: 1,413 [Q4 2023] → 1,468 (+55) [Q1 2024]
2.05% more ownership
Funds ownership: 76.74% [Q4 2023] → 78.79% (+2.05%) [Q1 2024]
4% less repeat investments, than reductions
Existing positions increased: 515 | Existing positions reduced: 536
Research analyst outlook
28 Wall Street Analysts provided 1 year price forecasts over the past 6 months
28 analyst ratings
Wells Fargo Roger Read | 4%upside $165 | Equal-Weight Maintained | 26 Jul 2024 |
Mizuho Nitin Kumar | 10%upside $175 | Outperform Upgraded | 17 Jul 2024 |
Scotiabank Paul Cheng | 9%upside $173 | Sector Outperform Maintained | 12 Jul 2024 |
Wells Fargo Roger Read | 2%downside $156 | Equal-Weight Maintained | 12 Jul 2024 |
Barclays Theresa Chen | 4%upside $165 | Overweight Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 19 articles about VLO published over the past 30 days