VLO - Valero Energy Recent Insider Activity | Benzinga
Fred M Diaz, Board Member at Valero Energy (NYSE:VLO), disclosed an insider sell on May 13, according to a recent SEC filing.
What Happened: Diaz's decision to sell 720 shares of Valero Energy was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $113,850.
During Tuesday's morning session, Valero Energy shares down by 1.11%, currently priced at $154.2.
Delving into Valero Energy's Background
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.
Unraveling the Financial Story of Valero Energy
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. In comparison to its industry peers, the company ...