VLO Stock Summary and Trading Ideas (Valero Energy | NYSE:VLO)

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 United States, 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 capacity to produce 1.2 billion gallons per year of renewable diesel.

Valero Energy trades on the NYSE stock market under the symbol VLO.

As of May 13, 2024, VLO stock price declined to $155.93 with 1,418,927 million shares trading.

VLO has a beta of 0.51, meaning it tends to be less sensitive to market movements. VLO has a correlation of 0.04 to the broad based SPY ETF.

VLO has a market cap of $50.99 billion. This is considered a Large Cap stock.

Last quarter Valero Energy reported $32 billion in Revenue and $3.82 earnings per share. This fell short of revenue expectation by $-1 billion and exceeded earnings estimates by $.58.

In the last 3 years, VLO stock traded as high as $184.79 and as low as $58.85.

The top ETF exchange traded funds that VLO belongs to (by Net Assets): VTI, VOO, XLE, SCHD, SPY.

VLO has outperformed the market in the last year with a return of +44.2%, while the SPY ETF gained +27.8%. In the last 3 month period, VLO beat the market returning +9.0%, while SPY returned +4.3%. However, in the most recent 2 weeks VLO has underperformed the stock market by returning -6.0%, while SPY returned +2.5%.

VLO support price is $153.13 and resistance is $159.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VLO stock will trade within this expected range on the day.