VLO News and Press, Valero Energy Corporation From 06/15/23

2023-06-15 18:38:59 ET Summary The U.S. refiner Valero Energy Corporation reported first-quarter 2023 adjusted earnings of $8.27 per share, a significant increase from $2.31 per share in the year ago quarter. Refining throughput volumes were 2,930K barrels per day for the fir...

2023-06-14 18:00:33 ET Summary While VLO is at peak earnings, the company has been doing well buying back stock and increasing its dividend. Growth projects should help drive more normalized EBITDA growth once crack spreads return to more historical levels. Upgrading the stock...

2023-06-14 16:09:14 ET Summary I made a well-timed bearish call on Valero last June, with the stock losing ground as crack spreads fell back toward normal levels. In the long-run, crack spreads will be supported by falling US and global refinery capacity - expected to decline much...

2023-06-13 11:55:56 ET The U.S. Environmental Protection Agency is seeking more time to finalize biofuel blending volume quotas for 2023-25, delaying an announcement of the targets until next week, Reuters reported Tuesday. The final rule is set to mark a new chapter of the Renewable ...

Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on July 27, 2023 at 10:00 a.m. ET to discuss second quarter 2023 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to...

2023-06-07 21:45:00 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...

2023-06-05 10:20:43 ET Summary Valero Energy demonstrates strong fundamentals and commitment to growth through investment and diversification, but faces short-term challenges due to wider restrictions and volatility in the energy market. VLO continues to diversify its operations, ...

2023-06-01 10:38:18 ET Summary Phillips 66 reported first-quarter 2023 adjusted earnings per share of $4.21 from $1.32 a year ago, beating analysts' expectations. Total revenues were $35.09 Billion in 1Q23, down slightly from $36.72 billion a year ago. The quarterly dividend i...

2023-06-01 08:00:00 ET Summary My dividend growth portfolio consists of 22 individual stocks in eight sectors, with a focus on industries with high entry barriers and dominant positions in supply chains. The portfolio has delivered solid returns, outperforming the S&P 500 by 4...

2023-05-30 17:13:18 ET Summary Phillips 66 offers value and yield in the refining and chemical sector, with a strong long-term outlook and significant progress in its core business. The company's extensive chemical footprint, including the joint venture with Chevron Phillips Chemi...