VLO News and Press, Valero Energy Corporation From 05/01/23

2023-05-01 08:33:59 ET A stronger-than expected earnings season is bolstering belief that an EPS recovery can arrive in the second half of the year, but at the same time leading macro data have slowed, according to Morgan Stanley strategist Mike Wilson. Late last week, concerns about ...

2023-04-30 06:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-04-29 09:00:00 ET Summary John's retirement accounts generated a total of $3,063.24 of dividend income for March 2023 vs. $2,457.27 of dividend income for March 2022. John's Traditional IRA had a balance of $350.2K as of March 31, 2023, vs. $372.5K on March 31, 2022. The esti...

2023-04-28 14:42:39 ET In a big win for the biofuels industry, the Biden administration said Friday it issued an emergency waiver that will allow widespread sales of higher-ethanol E15 gasoline this summer, repeating a move used last year to help tamp down high pump prices. The move...

2023-04-27 13:33:02 ET Valero Energy Corp (VLO) Q1 2023 Earnings Conference Call April 27, 2023, 10:00 ET Company Participants Homer Bhullar - VP, IR & Finance Joseph Gorder - Chairman & CEO Richard Walsh - SVP, General Counsel & Secretary Gary Si...

2023-04-27 12:44:02 ET Valero Energy ( NYSE: VLO ) -3.7% in Thursday's trading after reporting Q1 adjusted earnings that beat expectations but revenues fell 5.5% to $36.44B, as gasoline prices declined from a year earlier. Q1 net income surged to $3.07B, or $8.29/share, ...

2023-04-27 06:34:03 ET Valero Energy press release ( NYSE: VLO ): Q1 Non-GAAP EPS of $8.27 beats by $1.79 . Revenue of $36.44B (-5.4% Y/Y) misses by $1.06B . Net cash provided by operating activities was $3.2 billion in the first quarter of 2023. Valero fur...

Reported net income attributable to Valero stockholders of $3.1 billion, or $8.29 per share Reported adjusted net income attributable to Valero stockholders of $3.1 billion, or $8.27 per share Reduced debt by $199 million Returned over $1.8 billion to stockholders through dividends an...

2023-04-26 16:00:10 ET Valero Energy ( NYSE: VLO ) is scheduled to announce Q1 earnings results on Thursday, April 27th, before market open. The consensus EPS Estimate is $7.21 and the consensus Revenue Estimate is $37.88B. Over the last 2 years, VLO has beaten EPS e...

2023-04-20 12:03:47 ET Summary In celebration of April 20 (i.e. "420 day"), my stock of the day is Phillips 66, which currently pays out a $4.20/share annual dividend (a 4% yield). As we exit the shoulder season and into the summer driving season, PSX is perfectly positioned after...