Valero Energy
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 Q3 regulatory filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $1.61B | Put options by funds: $983M
2% more repeat investments, than reductions
Existing positions increased: 539 | Existing positions reduced: 529
7% less first-time investments, than exits
New positions opened: 131 | Existing positions closed: 141
2% less funds holding
Funds holding: 1,446 [Q2] → 1,418 (-28) [Q3]
5.28% less ownership
Funds ownership: 83.92% [Q2] → 78.65% (-5.28%) [Q3]
20% less capital invested
Capital invested by funds: $43.2B [Q2] → $34.6B (-$8.61B) [Q3]
39% less funds holding in top 10
Funds holding in top 10: 18 [Q2] → 11 (-7) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Mizuho Nitin Kumar 47% 1-year accuracy 34 / 73 met price target | 15%upside $158 | Outperform Maintained | 8 Jan 2025 |
Wells Fargo Roger Read 34% 1-year accuracy 35 / 104 met price target | 17%upside $160 | Overweight Maintained | 9 Dec 2024 |
Barclays Theresa Chen 23% 1-year accuracy 6 / 26 met price target | 2%upside $140 | Overweight Maintained | 11 Nov 2024 |
TD Cowen Jason Gabelman 36% 1-year accuracy 10 / 28 met price target | 2%upside $140 | Buy Maintained | 25 Oct 2024 |
Citigroup Vikram Bagri 30% 1-year accuracy 3 / 10 met price target | 29%upside $176 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 6 articles about VLO published over the past 30 days
