Should I buy or sell Valero Energy stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Valero Energy in the last year. There are currently 1 sell rating, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VLO shares. View VLO analyst ratings or view top-rated stocks .

What is Valero Energy's stock price target for 2024?

13 equities research analysts have issued 1-year price objectives for Valero Energy's shares. Their VLO share price targets range from $128.00 to $176.00. On average, they anticipate the company's stock price to reach $153.62 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View analysts price targets for VLO or view top-rated stocks among Wall Street analysts .

How have VLO shares performed in 2024?

Valero Energy's stock was trading at $130.00 at the start of the year. Since then, VLO shares have increased by 10.0% and is now trading at $143.06. View the best growth stocks for 2024 here .

When is Valero Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our VLO earnings forecast .

How were Valero Energy's earnings last quarter?

Valero Energy Co. (NYSE:VLO) posted its earnings results on Thursday, January, 25th. The oil and gas company reported $3.55 EPS for the quarter, beating analysts' consensus estimates of $2.95 by $0.60. The oil and gas company had revenue of $35.41 billion for the quarter, compared to the consensus estimate of $34.76 billion. Valero Energy had a net margin of 6.10% and a trailing twelve-month return on equity of 31.86%. The company's revenue was down 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.45 EPS. Read the conference call transcript .

How often does Valero Energy pay dividends? What is the dividend yield for Valero Energy?

Valero Energy declared a quarterly dividend on Thursday, January 18th. Investors of record on Thursday, February 1st will be given a dividend of $1.07 per share on Monday, March 4th. This represents a $4.28 annualized dividend and a yield of 2.99%. The ex-dividend date is Wednesday, January 31st. This is an increase from the stock's previous quarterly dividend of $1.02. Read our dividend analysis for VLO .

Is Valero Energy a good dividend stock?

Valero Energy (NYSE:VLO) pays an annual dividend of $4.28 per share and currently has a dividend yield of 2.99%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLO will have a dividend payout ratio of 33.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VLO .

What ETFs hold Valero Energy's stock?

ETFs with the largest weight of Valero Energy (NYSE:VLO) stock in their portfolio include VanEck Oil Refiners ETF (CRAK) , Invesco Energy Exploration & Production ETF (PXE) , iShares U.S. Oil & Gas Exploration & Production ETF (IEO) , Invesco S&P 500 Equal Weight Energy ETF (RYE) , Invesco S&P 500 Equal Weight Energy ETF (RSPG) , Emerge EMPWR Sustainable Dividend Equity ETF (EMCA) , First Trust Nasdaq Oil & Gas ETF (FTXN) and Energy Select Sector SPDR Fund (XLE) .

What is Joe Gorder's approval rating as Valero Energy's CEO?

146 employees have rated Valero Energy Chief Executive Officer Joe Gorder on Glassdoor.com . Joe Gorder has an approval rating of 84% among the company's employees.

What other stocks do shareholders of Valero Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Valero Energy investors own include AT&T (T) , Pfizer (PFE) , Intel (INTC) , Exxon Mobil (XOM) , Chevron (CVX) , Johnson & Johnson (JNJ) , Cisco Systems (CSCO) , Micron Technology (MU) , NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM) .

Who are Valero Energy's major shareholders?

Valero Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (2.31%), Norges Bank (1.29%), Dimensional Fund Advisors LP (1.22%), Pacer Advisors Inc. (0.82%), Montrusco Bolton Investments Inc. (0.70%) and Massachusetts Financial Services Co. MA (0.66%). Insiders that own company stock include Gary K Simmons , Joseph W Gorder and R Lane Riggs . View institutional ownership trends .

How do I buy shares of Valero Energy?

Shares of VLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Valero Energy have any subsidiaries?

The following companies are subsidiares of Valero Energy: AIR BP-PBF DEL PERU SAC, BELFAST STORAGE LTD, CANADIAN ULTRAMAR COMPANY, COLONNADE TEXAS INSURANCE COMPANY LLC, COLONNADE VERMONT INSURANCE COMPANY, DIAMOND ALTERNATIVE ENERGY LLC, DIAMOND ALTERNATIVE ENERGY OF CANADA INC., DIAMOND GREEN DIESEL HOLDINGS LLC, DIAMOND GREEN DIESEL LLC, DIAMOND K RANCH LLC, DIAMOND OMEGA COMPANY L.L.C., DIAMOND SHAMROCK REFINING COMPANY L.P., DIAMOND UNIT INVESTMENTS L.L.C., DSRM NATIONAL BANK, ENTERPRISE CLAIMS MANAGEMENT INC., GCP LOGISTICS COMPANY LLC, GOLDEN EAGLE ASSURANCE LIMITED, HAMMOND MAINLINE PIPELINE LLC, HUNTWAY REFINING COMPANY, MAINLINE PIPELINES LIMITED, MAPLE ETHANOL LTD., MICHIGAN REDEVELOPMENT GP LLC, MICHIGAN REDEVELOPMENT L.P., MRP PROPERTIES COMPANY LLC, NECHES RIVER HOLDING CORP., NORCO METHANOL LLC, OCEANIC TANKERS AGENCY LIMITED, PARKWAY PIPELINE LLC, PENTA TANKS TERMINALS S.A., PI DOCK FACILITIES LLC, PICKARD PLACE CONDOMINIUM ASSOCIATION, PORT ARTHUR COKER COMPANY L.P., PREMCOR USA INC., PROPERTY RESTORATION L.P., PURE BIOFUELS DEL PERU S.A.C., PURE BIOFUELS HOLDINGS L.P., Parkway Pipeline, Premcor, Pure Biofuels Del Peru, SABINE RIVER HOLDING CORP., SABINE RIVER LLC, SAINT BERNARD PROPERTIES COMPANY LLC, SUNBELT REFINING COMPANY L.P., THE PREMCOR PIPELINE CO., THE PREMCOR REFINING GROUP INC., THE SHAMROCK PIPE LINE CORPORATION, TRANSPORT MARITIME ST. LAURENT INC., ULTRAMAR ACCEPTANCE INC., ULTRAMAR ENERGY INC., ULTRAMAR INC., Ultramar Diamond Shamrock, V-TEX LOGISTICS LLC, VALERO (BARBADOS) SRL, VALERO (PERU) HOLDINGS GP LLC, VALERO (PERU) HOLDINGS LIMITED, VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ARUBA ACQUISITION COMPANY I LTD., VALERO ARUBA FINANCE INTERNATIONAL LTD., VALERO ARUBA HOLDING COMPANY N.V., VALERO ARUBA HOLDINGS INTERNATIONAL LTD., VALERO ARUBA MAINTENANCE/OPERATIONS COMPANY N.V., VALERO BROWNSVILLE TERMINAL LLC, VALERO CANADA FINANCE INC., VALERO CANADA L.P., VALERO CAPITAL CORPORATION, VALERO CARIBBEAN SERVICES COMPANY, VALERO COKER CORPORATION ARUBA N.V., VALERO CUSTOMS & TRADE SERVICES INC., VALERO EAST BAY LLC, VALERO ENERGY (IRELAND) LIMITED, VALERO ENERGY ARUBA II COMPANY, VALERO ENERGY INC., VALERO ENERGY LTD, VALERO ENERGY PARTNERS GP LLC, VALERO ENERGY PARTNERS LP, VALERO ENERGY UK LTD, VALERO ENTERPRISES INC., VALERO EQUITY SERVICES LTD, VALERO FINANCE L.P. I, VALERO FINANCE L.P. II, VALERO FINANCE L.P. III, VALERO FOREST CONTRIBUTION LLC, VALERO GRAIN MARKETING LLC, VALERO H2 PIPELINE COMPANY LLC, VALERO HOLDCO UK LTD, VALERO HOLDINGS INC., VALERO INTERNATIONAL HOLDINGS INC., VALERO LIVE OAK LLC, VALERO LOGISTICS UK LTD, VALERO MARKETING AND SUPPLY (PANAMA) LLC, VALERO MARKETING AND SUPPLY COMPANY, VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPY INTERNATIONAL LTD., VALERO MARKETING IRELAND LIMITED, VALERO MKS LOGISTICS L.L.C., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEW AMSTERDAM B.V., VALERO OMEGA COMPANY L.L.C., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONS SUPPORT LTD, VALERO PARTNERS CCTS LLC, VALERO PARTNERS CORPUS EAST LLC, VALERO PARTNERS CORPUS WEST LLC, VALERO PARTNERS EP LLC, VALERO PARTNERS HOUSTON LLC, VALERO PARTNERS LOUISIANA LLC, VALERO PARTNERS LUCAS LLC, VALERO PARTNERS MCKEE LLC, VALERO PARTNERS MEMPHIS LLC, VALERO PARTNERS MERAUX LLC, VALERO PARTNERS NORTH TEXAS LLC, VALERO PARTNERS OPERATING CO. LLC, VALERO PARTNERS PAPS LLC, VALERO PARTNERS PORT ARTHUR LLC, VALERO PARTNERS SOUTH TEXAS LLC, VALERO PARTNERS TEXAS CITY LLC, VALERO PARTNERS THREE RIVERS LLC, VALERO PARTNERS WEST MEMPHIS LLC, VALERO PARTNERS WEST TEXAS LLC, VALERO PARTNERS WYNNEWOOD LLC, VALERO PAYMENT SERVICES COMPANY, VALERO PEMBROKESHIRE LLC, VALERO PEMBROKESHIRE OIL TERMINAL LTD, VALERO PLAINS COMPANY LLC, VALERO POWER MARKETING LLC, VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL PARTNERS LLC, VALERO REFINING AND MARKETING COMPANY, VALERO REFINING COMPANY-ARUBA N.V., VALERO REFINING COMPANY-CALIFORNIA, VALERO REFINING COMPANY-OKLAHOMA, VALERO REFINING COMPANY-TENNESSEE L.L.C., VALERO REFINING-MERAUX LLC, VALERO REFINING-NEW ORLEANS L.L.C., VALERO REFINING-TEXAS L.P., VALERO RENEWABLE FUELS COMPANY LLC, VALERO SECURITY SYSTEMS INC., VALERO SERVICES INC., VALERO SKELLYTOWN PIPELINE LLC, VALERO TEJAS COMPANY LLC, VALERO TERMINAL HOLDCO LTD, VALERO TERMINALING AND DISTRIBUTION COMPANY, VALERO TERMINALING AND DISTRIBUTION DE MEXICO S.A. DE C.V., VALERO TEXAS POWER MARKETING INC., VALERO ULTRAMAR HOLDINGS INC., VALERO UNIT INVESTMENTS L.L.C., VALERO WEST WALES LLC, VRG PROPERTIES COMPANY, VTD PROPERTIES COMPANY, WARSHALL COMPANY LLC, and ZELIG COMMERCIAL INC.. Read More

Positive News SentimentPositive News

NYSE:VLO

Valero Energy (VLO) Stock Price, News & Analysis

$143.06

+1.26 (+0.89%)

(As of 02/9/2024 08:57 PM ET)

Compare

Today's Range: $141.16
▼
$143.28
50-Day Range: $120.95
▼
$143.06
52-Week Range: $104.18
▼
$152.20

Volume: 3.80 million shs
Average Volume: 3.45 million shs
Market Capitalization: $48.70 billion

P/E Ratio: 5.78
Dividend Yield: 2.99%
Price Target: $153.62

Get Valero Energy alerts:

Valero Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.69 Rating Score
Upside/Downside: 7.4% Upside
$153.62 Price Target
Short Interest: Healthy
2.64% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -7.86
Upright™ Environmental Score
News Sentiment: 1.62
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -12.34%
From $14.51 to $12.72 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Oils/Energy Sector

106th out of 231 stocks

Petroleum Refining Industry

8th out of 17 stocks

1.3

Analyst's Opinion

Consensus Rating
Valero Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 8 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $153.62, Valero Energy has a forecasted upside of 7.4% from its current price of $143.06.
Amount of Analyst Coverage
Valero Energy has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.64% of the float of Valero Energy has been sold short.
Short Interest Ratio / Days to Cover
Valero Energy has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Valero Energy has recently decreased by 6.86%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Valero Energy pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Valero Energy has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Valero Energy is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Valero Energy will have a dividend payout ratio of 33.65% next year. This indicates that Valero Energy will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Valero Energy has received a -166.42% net impact score from Upright. The largest negative impact of Valero Energy in category "GHG emissions" seems to be driven mostly by its "Gasoline", "Diesel", "Kerosene", and "Retail of diesel at a gas station" products. See details.
Environmental Sustainability
The Environmental Impact score for Valero Energy is -7.86.

3.7

News and Social Media Coverage

News Sentiment
Valero Energy has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Valero Energy this week, compared to 10 articles on an average week.
Search Interest
54 people have searched for VLO on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
MarketBeat Follows
34 people have added Valero Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Valero Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.04% of the stock of Valero Energy is held by insiders.
Percentage Held by Institutions
77.07% of the stock of Valero Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Valero Energy are expected to decrease by -12.34% in the coming year, from $14.51 to $12.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Valero Energy is 5.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Valero Energy is 5.78, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.42.
Price to Earnings Growth Ratio
Valero Energy has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Valero Energy has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Valero Energy Stock (NYSE:VLO)

Valero Energy Corporation is a Fortune 500 company that operates as an independent petroleum refining and marketing company based in San Antonio, Texas. The company was founded in 1980 and has since grown into one of the largest oil refiners in the United States. Valero Energy Corporation operates 15 refineries with a combined refining capacity of approximately 3.2 million barrels daily, making it the largest independent refiner in North America. Additionally, the company has an extensive network of over 7,000 retail and wholesale branded outlets across the United States, Canada, the United Kingdom, and Ireland.

The leadership team at Valero Energy Corporation is led by Chairman and Chief Executive Officer Joseph W. Gorder, who has been with the company since 1981. Gorder has served in several leadership positions at Valero Energy Corporation, including President and Chief Operating Officer, before being appointed to his current role in 2014. The company's Chief Financial Officer is Jason Fraser, who has been with Valero since 1999. Before being appointed CFO, Mr. Fraser served as General Counsel and Senior Vice President, providing oversight of public policy, planning, government affairs, and investor relations.

Over the past few years, Valero Energy Corporation has consistently reported strong financial results. The company struggled in 2020 due to investors' concerns regarding the pandemic. However, the company still reported a net income of $1.1 billion for the year, down from $2.4 billion in 2019. Since then, the company has rebounded and reached all-time highs in its stock price. The company's profit margins have also remained strong, with gross profit margins of around 11% and an operating profit margin of about 5%.

Valero Energy Corporation has managed its debt levels well, with a total debt-to-equity ratio average of 0.36. The company's ownership structure has remained relatively stable, with no significant changes in ownership in recent years.

Valero Energy Corporation's valuation metrics include a price-to-earnings ratio and a price-to-book ratio that aligns with industry peers. The company's market capitalization is approximately $50 billion, making it one of the largest independent refiners in North America.

Valero Energy Corporation operates in a highly competitive industry, with significant competition from other independent refiners, integrated oil companies, and biofuel producers. The petroleum refining industry is subject to extensive regulatory oversight, and changes in regulations and political developments can significantly impact the industry's profitability. Additionally, the industry is subject to significant price volatility due to fluctuations in global oil prices.

Despite the industry's challenges, Valero Energy Corporation has several growth opportunities. The company has invested in renewable fuels and advanced technologies to improve its environmental performance, including developing renewable diesel and sustainable aviation fuel. Additionally, the company has announced plans to acquire several new renewable diesel plants, increasing its capacity to produce low-carbon fuels. Valero Energy Corporation is also expanding its retail and wholesale network, with plans to add new locations in strategic markets in the United States and Canada.

However, the company also faces several risks and challenges. Changes in consumer preferences towards electric vehicles and renewable energy could reduce demand for petroleum products, significantly impacting Valero Energy Corporation's revenue and profitability. Additionally, the company's business is subject to significant regulatory and environmental risks and geopolitical risks, such as the impact of international trade policies and sanctions.

Valero Energy Corporation has focused on improving its operational efficiency, reducing costs, and investing in new technologies to improve its environmental performance to mitigate these risks. The company has also maintained a strong balance sheet, focusing on managing its debt levels and maintaining a healthy cash position.

VLO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VLO Stock News Headlines

February 8, 2024 | marketbeat.com

Can financial, healthcare, energy stocks rise as rates stay high? (VLO)

Sectors including financials, healthcare, utilities and energy outperform as interest rates remain high, but some of those industries face challenges in 2024.

January 30, 2024 | marketbeat.com

Chesapeake to buy Southwestern Energy as natural gas prices rise (VLO)

Chesapeake and Southwestern's $7.4 billion merger aims to address the growing global demand for natural gas; the companies expect a 20% dividend increase

February 12, 2024 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

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February 8, 2024 | ca.finance.yahoo.com

US oil refiners beat Wall Street bets, expect demand to grow in 2024

January 30, 2024 | bizjournals.com

Valero's fourth quarter earnings results surpass expectations

January 30, 2024 | markets.businessinsider.com

Strong Positioning and Strategic Advantages Underpin Buy Rating for Valero Energy

January 30, 2024 | morningstar.com

Valero Energy Corp VLO

January 29, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Energy Companies: Karoon Energy Ltd (OtherKRNGF), Valero Energy (VLO) and Pioneer Natural (PXD)

February 12, 2024 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

January 27, 2024 | finance.yahoo.com

Valero Energy Corporation (NYSE:VLO) Q4 2023 Earnings Call Transcript

January 26, 2024 | markets.businessinsider.com

Valero Energy: Strong Q4 Performance and Syncrude Pricing Benefits Justify Hold Rating

January 26, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: Baker Hughes Company (BKR) and Valero Energy (VLO)

January 26, 2024 | finance.yahoo.com

Q4 2023 Valero Energy Corp Earnings Call

January 26, 2024 | finance.yahoo.com

Here's What We Like About Valero Energy's (NYSE:VLO) Upcoming Dividend

January 25, 2024 | nasdaq.com

Valero Energy (VLO) Q4 Earnings Surpass Estimates

January 25, 2024 | finance.yahoo.com

Valero (VLO) Beats Q4 Earnings Estimates, Hikes Dividend

January 25, 2024 | msn.com

Valero sees strong Q1 refining margins as heavy maintenance tightens supply

January 25, 2024 | marketwatch.com

Valero Energy Earnings, Revenue Decline

January 25, 2024 | markets.businessinsider.com

Valero Energy Corp. Q4 Profit Decreases, but beats estimates

January 25, 2024 | reuters.com

Valero Energy's quarterly profit falls on lower fuel prices

January 25, 2024 | finance.yahoo.com

Valero Energy Reports 2023 Fourth Quarter and Full Year Results

January 25, 2024 | seekingalpha.com

Valero Energy Non-GAAP EPS of $3.55 beats by $0.60, revenue of $35.41B beats by $860M

January 24, 2024 | realmoney.thestreet.com

Valero initiated with bullish view at Citi, here's why

January 24, 2024 | benzinga.com

Earnings Preview For Valero Energy

January 24, 2024 | msn.com

Valero Energy Q4 results preview: Commentary on refining margins key into 2024

January 23, 2024 | benzinga.com

Insider Decision: Jason W Fraser Offloads $930K Worth Of Valero Energy Stock

January 23, 2024 | finance.yahoo.com

Marathon Petroleum (MPC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

See More Headlines

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Company Calendar

Ex-Dividend for 12/20 Dividend: 11/16/2023
Dividend Payable: 12/20/2023
Last Earnings: 1/25/2024
Ex-Dividend for 3/4 Dividend: 1/31/2024
Today: 2/11/2024
Dividend Payable: 3/04/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Petroleum refining
Sub-Industry: Oil & Gas Refining & Marketing
Current Symbol: NYSE:VLO
CUSIP: 91913Y10
CIK: 1035002
Web: www.valero.com
Phone: (210) 345-2000
Fax: 210-345-2646
Employees: 9,743
Year Founded: 1980

Price Target and Rating

Average Stock Price Target: $153.62
High Stock Price Target: $176.00
Low Stock Price Target: $128.00
Potential Upside/Downside: +7.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.69
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $24.73
Trailing P/E Ratio: 5.78
Forward P/E Ratio: 9.86
P/E Growth: 1.64
Net Income: $8.84 billion
Net Margins: 6.10%
Pretax Margin: 8.13%
Return on Equity: 31.86%
Return on Assets: 14.39%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 1.51
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $144.77 billion
Price / Sales: 0.34
Cash Flow: $26.06 per share
Price / Cash Flow: 5.49
Book Value: $68.44 per share
Price / Book: 2.09

Miscellaneous

Outstanding Shares: 340,450,000
Free Float: 340,317,000
Market Cap: $48.70 billion
Optionable: Optionable
Beta: 1.53

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Key Executives

Mr. Joseph W. Gorder (Age 67)
Executive Chairman
Comp: $7.78M
Mr. R. Lane Riggs (Age 58)
CEO, President & Director
Comp: $3.38M
Mr. Jason W. Fraser (Age 55)
Executive VP & CFO
Comp: $2.74M
Mr. Gary K. Simmons (Age 59)
Executive VP & COO
Comp: $2.31M
Mr. Mike Zacho
VP of Information Services & Technology
Mr. Homer Bhullar
Vice President of Investor Relations & Finance
Mr. Richard Joe Walsh (Age 58)
Senior VP, General Counsel & Secretary
Lillian Riojas
Executive Director of Media Relations & Communications
Mr. Richard F. Lashway (Age 61)
Senior Vice President of Corporate Development & Strategy
Ms. Julia Rendon Reinhart
Senior VP & Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Valero Energy Stock? VLO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Valero Energy was last updated on Wednesday, January 31, 2024 at 8:28 PM.

Pros

Here are some ways that investors could benefit from investing in Valero Energy Co.:

Valero Energy Co. is a leading manufacturer, marketer, and seller of transportation fuels and petrochemical products in the United States and Canada.
Valero Energy Co. has a strong presence in the energy industry and has a well-established reputation.
Recent developments and updates in Valero Energy Co.'s operations and products make it an attractive investment option.
Valero Energy Co. has a track record of financial stability and consistent growth.
Investing in Valero Energy Co. provides exposure to the energy sector, which can be a lucrative investment opportunity.

Cons

Investors should be bearish about investing in Valero Energy Co. for these reasons:

Fluctuations in oil prices and market conditions can impact Valero Energy Co.'s profitability and stock performance.
Valero Energy Co. operates in a highly competitive industry, which may pose challenges to its market share and profitability.
Regulatory changes and environmental concerns can affect Valero Energy Co.'s operations and profitability.
Investing in Valero Energy Co. involves risks associated with the energy sector, including geopolitical factors and supply-demand dynamics.
The current stock price of Valero Energy Co. should be considered before making an investment decision.

VLO Stock Analysis - Frequently Asked Questions

Should I buy or sell Valero Energy stock right now?: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Valero Energy in the last year. There are currently 1 sell rating, 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VLO shares.
View VLO analyst ratings or view top-rated stocks.
What is Valero Energy's stock price target for 2024?: 13 equities research analysts have issued 1-year price objectives for Valero Energy's shares. Their VLO share price targets range from $128.00 to $176.00. On average, they anticipate the company's stock price to reach $153.62 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for VLO or view top-rated stocks among Wall Street analysts.
How have VLO shares performed in 2024?: Valero Energy's stock was trading at $130.00 at the start of the year. Since then, VLO shares have increased by 10.0% and is now trading at $143.06.
View the best growth stocks for 2024 here.
When is Valero Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our VLO earnings forecast.
How were Valero Energy's earnings last quarter?: Valero Energy Co. (NYSE:VLO) posted its earnings results on Thursday, January, 25th. The oil and gas company reported $3.55 EPS for the quarter, beating analysts' consensus estimates of $2.95 by $0.60. The oil and gas company had revenue of $35.41 billion for the quarter, compared to the consensus estimate of $34.76 billion. Valero Energy had a net margin of 6.10% and a trailing twelve-month return on equity of 31.86%. The company's revenue was down 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $8.45 EPS.
Read the conference call transcript.
How often does Valero Energy pay dividends? What is the dividend yield for Valero Energy?: Valero Energy declared a quarterly dividend on Thursday, January 18th. Investors of record on Thursday, February 1st will be given a dividend of $1.07 per share on Monday, March 4th. This represents a $4.28 annualized dividend and a yield of 2.99%. The ex-dividend date is Wednesday, January 31st. This is an increase from the stock's previous quarterly dividend of $1.02.
Read our dividend analysis for VLO.
Is Valero Energy a good dividend stock?: Valero Energy (NYSE:VLO) pays an annual dividend of $4.28 per share and currently has a dividend yield of 2.99%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLO will have a dividend payout ratio of 33.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VLO.

What ETFs hold Valero Energy's stock?: ETFs with the largest weight of Valero Energy (NYSE:VLO) stock in their portfolio include VanEck Oil Refiners ETF (CRAK), Invesco Energy Exploration & Production ETF (PXE), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Invesco S&P 500 Equal Weight Energy ETF (RYE), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Emerge EMPWR Sustainable Dividend Equity ETF (EMCA), First Trust Nasdaq Oil & Gas ETF (FTXN) and Energy Select Sector SPDR Fund (XLE).
What is Joe Gorder's approval rating as Valero Energy's CEO?: 146 employees have rated Valero Energy Chief Executive Officer Joe Gorder on Glassdoor.com. Joe Gorder has an approval rating of 84% among the company's employees.
What other stocks do shareholders of Valero Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Valero Energy investors own include AT&T (T), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Chevron (CVX), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Micron Technology (MU), NVIDIA (NVDA) and JPMorgan Chase & Co. (JPM).
Who are Valero Energy's major shareholders?: Valero Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (2.31%), Norges Bank (1.29%), Dimensional Fund Advisors LP (1.22%), Pacer Advisors Inc. (0.82%), Montrusco Bolton Investments Inc. (0.70%) and Massachusetts Financial Services Co. MA (0.66%). Insiders that own company stock include Gary K Simmons, Joseph W Gorder and R Lane Riggs.
View institutional ownership trends.
How do I buy shares of Valero Energy?: Shares of VLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Valero Energy have any subsidiaries?: The following companies are subsidiares of Valero Energy: AIR BP-PBF DEL PERU SAC, BELFAST STORAGE LTD, CANADIAN ULTRAMAR COMPANY, COLONNADE TEXAS INSURANCE COMPANY LLC, COLONNADE VERMONT INSURANCE COMPANY, DIAMOND ALTERNATIVE ENERGY LLC, DIAMOND ALTERNATIVE ENERGY OF CANADA INC., DIAMOND GREEN DIESEL HOLDINGS LLC, DIAMOND GREEN DIESEL LLC, DIAMOND K RANCH LLC, DIAMOND OMEGA COMPANY L.L.C., DIAMOND SHAMROCK REFINING COMPANY L.P., DIAMOND UNIT INVESTMENTS L.L.C., DSRM NATIONAL BANK, ENTERPRISE CLAIMS MANAGEMENT INC., GCP LOGISTICS COMPANY LLC, GOLDEN EAGLE ASSURANCE LIMITED, HAMMOND MAINLINE PIPELINE LLC, HUNTWAY REFINING COMPANY, MAINLINE PIPELINES LIMITED, MAPLE ETHANOL LTD., MICHIGAN REDEVELOPMENT GP LLC, MICHIGAN REDEVELOPMENT L.P., MRP PROPERTIES COMPANY LLC, NECHES RIVER HOLDING CORP., NORCO METHANOL LLC, OCEANIC TANKERS AGENCY LIMITED, PARKWAY PIPELINE LLC, PENTA TANKS TERMINALS S.A., PI DOCK FACILITIES LLC, PICKARD PLACE CONDOMINIUM ASSOCIATION, PORT ARTHUR COKER COMPANY L.P., PREMCOR USA INC., PROPERTY RESTORATION L.P., PURE BIOFUELS DEL PERU S.A.C., PURE BIOFUELS HOLDINGS L.P., Parkway Pipeline, Premcor, Pure Biofuels Del Peru, SABINE RIVER HOLDING CORP., SABINE RIVER LLC, SAINT BERNARD PROPERTIES COMPANY LLC, SUNBELT REFINING COMPANY L.P., THE PREMCOR PIPELINE CO., THE PREMCOR REFINING GROUP INC., THE SHAMROCK PIPE LINE CORPORATION, TRANSPORT MARITIME ST. LAURENT INC., ULTRAMAR ACCEPTANCE INC., ULTRAMAR ENERGY INC., ULTRAMAR INC., Ultramar Diamond Shamrock, V-TEX LOGISTICS LLC, VALERO (BARBADOS) SRL, VALERO (PERU) HOLDINGS GP LLC, VALERO (PERU) HOLDINGS LIMITED, VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ADMINISTRATIVE SERVICES DE MÉXICO S.A. DE C.V., VALERO ARUBA ACQUISITION COMPANY I LTD., VALERO ARUBA FINANCE INTERNATIONAL LTD., VALERO ARUBA HOLDING COMPANY N.V., VALERO ARUBA HOLDINGS INTERNATIONAL LTD., VALERO ARUBA MAINTENANCE/OPERATIONS COMPANY N.V., VALERO BROWNSVILLE TERMINAL LLC, VALERO CANADA FINANCE INC., VALERO CANADA L.P., VALERO CAPITAL CORPORATION, VALERO CARIBBEAN SERVICES COMPANY, VALERO COKER CORPORATION ARUBA N.V., VALERO CUSTOMS & TRADE SERVICES INC., VALERO EAST BAY LLC, VALERO ENERGY (IRELAND) LIMITED, VALERO ENERGY ARUBA II COMPANY, VALERO ENERGY INC., VALERO ENERGY LTD, VALERO ENERGY PARTNERS GP LLC, VALERO ENERGY PARTNERS LP, VALERO ENERGY UK LTD, VALERO ENTERPRISES INC., VALERO EQUITY SERVICES LTD, VALERO FINANCE L.P. I, VALERO FINANCE L.P. II, VALERO FINANCE L.P. III, VALERO FOREST CONTRIBUTION LLC, VALERO GRAIN MARKETING LLC, VALERO H2 PIPELINE COMPANY LLC, VALERO HOLDCO UK LTD, VALERO HOLDINGS INC., VALERO INTERNATIONAL HOLDINGS INC., VALERO LIVE OAK LLC, VALERO LOGISTICS UK LTD, VALERO MARKETING AND SUPPLY (PANAMA) LLC, VALERO MARKETING AND SUPPLY COMPANY, VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPLY DE MÉXICO S.A. DE C.V., VALERO MARKETING AND SUPPY INTERNATIONAL LTD., VALERO MARKETING IRELAND LIMITED, VALERO MKS LOGISTICS L.L.C., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEDERLAND COÖPERATIEF U.A., VALERO NEW AMSTERDAM B.V., VALERO OMEGA COMPANY L.L.C., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONAL SERVICES DE MÉXICO S.A. DE C.V., VALERO OPERATIONS SUPPORT LTD, VALERO PARTNERS CCTS LLC, VALERO PARTNERS CORPUS EAST LLC, VALERO PARTNERS CORPUS WEST LLC, VALERO PARTNERS EP LLC, VALERO PARTNERS HOUSTON LLC, VALERO PARTNERS LOUISIANA LLC, VALERO PARTNERS LUCAS LLC, VALERO PARTNERS MCKEE LLC, VALERO PARTNERS MEMPHIS LLC, VALERO PARTNERS MERAUX LLC, VALERO PARTNERS NORTH TEXAS LLC, VALERO PARTNERS OPERATING CO. LLC, VALERO PARTNERS PAPS LLC, VALERO PARTNERS PORT ARTHUR LLC, VALERO PARTNERS SOUTH TEXAS LLC, VALERO PARTNERS TEXAS CITY LLC, VALERO PARTNERS THREE RIVERS LLC, VALERO PARTNERS WEST MEMPHIS LLC, VALERO PARTNERS WEST TEXAS LLC, VALERO PARTNERS WYNNEWOOD LLC, VALERO PAYMENT SERVICES COMPANY, VALERO PEMBROKESHIRE LLC, VALERO PEMBROKESHIRE OIL TERMINAL LTD, VALERO PLAINS COMPANY LLC, VALERO POWER MARKETING LLC, VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL OPERATIONS DE MÉXICO S.A. DE C.V., VALERO RAIL PARTNERS LLC, VALERO REFINING AND MARKETING COMPANY, VALERO REFINING COMPANY-ARUBA N.V., VALERO REFINING COMPANY-CALIFORNIA, VALERO REFINING COMPANY-OKLAHOMA, VALERO REFINING COMPANY-TENNESSEE L.L.C., VALERO REFINING-MERAUX LLC, VALERO REFINING-NEW ORLEANS L.L.C., VALERO REFINING-TEXAS L.P., VALERO RENEWABLE FUELS COMPANY LLC, VALERO SECURITY SYSTEMS INC., VALERO SERVICES INC., VALERO SKELLYTOWN PIPELINE LLC, VALERO TEJAS COMPANY LLC, VALERO TERMINAL HOLDCO LTD, VALERO TERMINALING AND DISTRIBUTION COMPANY, VALERO TERMINALING AND DISTRIBUTION DE MEXICO S.A. DE C.V., VALERO TEXAS POWER MARKETING INC., VALERO ULTRAMAR HOLDINGS INC., VALERO UNIT INVESTMENTS L.L.C., VALERO WEST WALES LLC, VRG PROPERTIES COMPANY, VTD PROPERTIES COMPANY, WARSHALL COMPANY LLC, and ZELIG COMMERCIAL INC..
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This page (NYSE:VLO) was last updated on 2/12/2024 by MarketBeat.com Staff

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