Viewing Company Valero Energy Corp | StockChase
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Compiling comments that experts make about stocks while on public TV.

Valero Energy Corp Stock Symbol: VLO-N

Last Price Recorded: $65.8300 on 2017-04-25

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Date Signal Expert Opinion Price
2017-01-17 HOLD David Dietze

Has not been adding to his holdings, and wouldn’t add to it right now. In his view, this is the best operated independent refiner. It now pays a good dividend of something like 3.6%. However, if you look at the current P/E ratio, it is far higher than its historical single digit PE.


Price:
$66.190
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
Yes
2017-01-10 TOP PICK Bruce Tatters

Refining doesn’t have anything to do with the price of oil, it has to do with crack spreads and refining margins. One of the things that has been absolutely killing refiners in the last 3-4 years is the RIN legislation of the Obama administration, requiring them to pay for renewable credit every time they produced gasoline and diesel fuel. The new administration is likely to change all that, and dramatically improve profitability. Dividend yield of 3.55%. (Analysts’ price target is $72.29.)


Price:
$66.530
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-11-21 TOP PICK Bruce Tatters

Every US refiner had to buy Renewable Energy Identification Number credits for its business and it destroyed their profitability.  The new administration could be of a huge benefit to this industry.  There have been 2 M&A deals in the refining industry in the last two weeks.  (Analysts’ target: $66.88)


Price:
$64.540
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-09-08 DON'T BUY Matt Kacur

You should not be in it because it is not the right part of the cycle.  It does better with declining oil prices.  Also, it has had quite a run.


Price:
$56.150
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2016-06-20 COMMENT John Zechner

(Market Call Minute.) He doesn’t know where margins are going on the refining side. He thinks they are going to get squeezed a little given the rise in oil prices. It makes the earnings very volatile and you are not going to get a high valuation.


Price:
$51.680
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-06-10 DON'T BUY Bill Carrigan

If you did a comparison against a broad index, this is weaker than the index. It had a corrective period in 2008 and has taken a long time to get back up. Also, the upward trend line has been violated.


Price:
$53.430
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2016-04-13 DON'T BUY Cameron Hurst

(Market Call Minute.) Refiners have struggled a little lately. For him, on the energy patch as a whole, he would like to see a bit more time go by and a little more sustainability.


Price:
$62.550
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
No
2016-04-07 PAST TOP PICK Jon Vialoux

(A Top Pick Jan 8/16. Down 8.79%.) Had a huge downturn in Jan/Feb due to the pickup in gasoline production. The period of seasonal strength ends at the beginning of April.


Price:
$61.660
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
No
2016-01-08 TOP PICK Jon Vialoux

(His Top Pick stocks are still holding up as of present, but the big warning is the systemic risk that is involved with the market.) There are very few stocks that are good in the energy sector. Where the supply of oil presently is, gives you about 29 days of supply, so there is a substantial supply. All this company is going to do is refine it, which is going to be a significant tailwind for them. He has a long-term trend line support starting at about $60. As long as that can be maintained, there is an average gain between the start of the year and the beginning of May of about 20.1%, and that has been positive in 21 of the past 25 periods.


Price:
$68.260
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BEARISH
Owned:
No
2015-11-27 HOLD Norman Levine

He finds it too volatile for his clients. As oil prices have continued to decline and spreads for gasoline and diesel have continued to stay high, the profitability of a company like this has done really well.


Price:
$72.940
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-09-09 DON'T BUY Brian Acker, CA

Wouldn’t own this one here. It is a cyclical. His model price is $112, 84% over the last close of $60.83. You always get this in a cyclical. He would like to see it back at $15 again, and then he would be interested.


Price:
$61.640
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2015-08-31 COMMENT Larry Berman CFA, CMT, CTA

Crack spread is the spread between the crude and the underlying refined product price.  VLO-N is an example of a pure refiner.  A few weeks ago crack spreads reduced and the price went right down.  Warren Buffet bought a refiner today, relatively close to the top.


Price:
$59.340
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-07-06 BUY Norman Levine

Owned personally in the past, but it is too volatile for his clients.  It has done well over the year and seasonally the demand is highest here.  They don’t find or produce oil.  They buy it and refine it and they own gas stations.  It is a good company to own long term.  Over two years the refiners could be the right place to be, but they will be more volatile.


Price:
$65.340
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2015-04-24 WAIT Jon Vialoux

Energy has a period of seasonal strength from January all the way through to May 9 on average, and this one has performed up to expectations. It is currently consolidating. We have the end of seasonal strength coming. If you are looking past the seasonality, you want to be into the refiners right now. From a seasonal play, he would recommend getting in right now, but from a longer-term perspective this is a place you want to be in the energy sector.


Price:
$60.050
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-05 WEAK BUY Norman Levine

He is warm to it and owns it personally.  Does not own it in client accounts because it is too volatile.  Has the refining capacity to take heavy oil and refine it well.  Thinks the price of oil will drop.


Price:
$53.010
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on GLOBAL STOCKS
Owned:
Yes
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