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 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.

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

As of October 18, 2024, VLO stock price declined to $135.74 with 257,981 million shares trading.

VLO has a beta of 0.65, meaning it tends to be less sensitive to market movements. VLO has a correlation of 0.09 to the broad based SPY ETF.

VLO has a market cap of $43.49 billion. This is considered a Large Cap stock.

Last quarter Valero Energy reported $34 billion in Revenue and $2.71 earnings per share. This beat revenue expectation by $820 million and exceeded earnings estimates by $.11.

In the last 3 years, VLO traded as high as $184.79 and as low as $65.13.

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

VLO has underperformed the market in the last year with a price return of +7.1% while the SPY ETF gained +35.4%. VLO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.8% and -5.8%, respectively, while the SPY returned +5.1% and +2.8%, respectively.

VLO support price is $133.42 and resistance is $139.88 (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 shares will trade within this expected range on the day.