Valero Energy Corporation with ticker code (VLO) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 188 and 143 and has a mean target at $163.31. Given that the stocks previous close was at $127.17 this now indicates there is a potential upside of 28.4%. The 50 day moving average now sits at $135.11 and the 200 day moving average is $122.83. The total market capitalization for the company now stands at $47,199m. Visit the company website at: https://www.valero.com
The potential market cap would be $60,613m based on the market consensus.
Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, and asphalt; and sulfur crude oils, as well as propane, naphthenic base oil, solvents and aromatics, benzene, toluene and mixed xylenes, natural gas liquids, and petroleum coke. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
The company has a dividend yield of 3.28% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.28, revenue per share of 433.39 and a 16.63% return on assets.
