VLO - Rayford Wilkins Jr. Executes Sell Order: Offloads $67K In Valero Energy Stock | Benzinga
Rayford Wilkins Jr., Director at Valero Energy (NYSE:VLO), executed a substantial insider sell on May 13, according to an SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Jr. sold 428 shares of Valero Energy. The total transaction amounted to $67,677.
As of Tuesday morning, Valero Energy shares are down by 0.53%, currently priced at $155.1.
All You Need to Know About Valero Energy
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.
A Deep Dive into Valero Energy's Financials
Revenue Challenges: Valero Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -12.84%. This indicates a decrease in top-line earnings. When compared to others in the ...