Valero Energy (VLO)

• Market cap: $36.4B
• 1 day: 0.49%
• 5 days: 0.08%
• 1 month: -12.10%
• 3 months: -14.27%
• 6 months: -9.82%
• Year to date: -5.73%
• 1 year: -27.38%
• 5 years: 83.25%
• 10 years: 104.02%
• Sector: Energy
• Industry: Oil & Gas Refining & Marketing

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 can produce 1.2 billion gallons per year of renewable diesel.

Employees: 9,922

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 185 | Existing positions closed: 139

4.89% more ownership

Funds ownership: 77.85% [Q3] → 82.75% (+4.89%) [Q4]

1% more funds holding

Funds holding: 1,426 [Q3] → 1,443 (+17) [Q4]

3% less call options, than puts

Call options by funds: $925M | Put options by funds: $956M

4% less capital invested

Capital invested by funds: $34.2B [Q3] → $32.9B (-$1.38B) [Q4]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q3] → 10 (-1) [Q4]

14% less repeat investments, than reductions

Existing positions increased: 485 | Existing positions reduced: 565

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $127 9% upside
• Avg. target: $143 24% upside
• High target: $155 34% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

UBS Manav Gupta 40% 1-year accuracy 6 / 15 met price target	29% upside $150	Buy Maintained	28 Apr 2025
Goldman Sachs Neil Mehta 39% 1-year accuracy 23 / 59 met price target	9% upside $127	Neutral Upgraded	28 Apr 2025
JP Morgan John Royall 27% 1-year accuracy 4 / 15 met price target	27% upside $147	Overweight Maintained	28 Apr 2025
Morgan Stanley	25% upside $145	Overweight Maintained	24 Apr 2025
Scotiabank Paul Cheng 41% 1-year accuracy 15 / 37 met price target	17% upside $136	Sector Outperform Maintained	11 Apr 2025