Valero Energy Corp

VLO-N

NYSE:VLO

48.71
0.29 (0.59%)
Valero Energy Corporation is a Fortune 500 international manufacturer and marketer of transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States.
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Analysis and Opinions about VLO-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 10, 2012
(A Top Pick April 20/11. Down 14.68%.) Crack spreads are over $30. A good name to hold. Still likes.
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(A Top Pick April 20/11. Down 14.68%.) Crack spreads are over $30. A good name to hold. Still likes.
DON'T BUY
DON'T BUY
February 6, 2012
Would stay away from the refiners right now. Crack spreads have tightened right now.
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Valero Energy Corp (VLO-N)
February 6, 2012
Would stay away from the refiners right now. Crack spreads have tightened right now.
TOP PICK
TOP PICK
April 20, 2011
Cracking margin has really blown out. They are a refining company. Lot of refining capability. They have a valuable business model and they have diversity. They are trading at a discount to pier group.
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Cracking margin has really blown out. They are a refining company. Lot of refining capability. They have a valuable business model and they have diversity. They are trading at a discount to pier group.
COMMENT
COMMENT
February 24, 2011
Refining is an ugly business. Not an industry of secular growth but one of cyclical margin swings. Hard to make money at it and plants are hard to run. Sector has just had a bounce off a significant rally. Has a fair amount of debt. If dynamics for the sector continue positive for a little while, they will be more of a beneficiary than the un-levered players. (He just sold a refiner, Frontier Oil (FTO-N).)
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Valero Energy Corp (VLO-N)
February 24, 2011
Refining is an ugly business. Not an industry of secular growth but one of cyclical margin swings. Hard to make money at it and plants are hard to run. Sector has just had a bounce off a significant rally. Has a fair amount of debt. If dynamics for the sector continue positive for a little while, they will be more of a beneficiary than the un-levered players. (He just sold a refiner, Frontier Oil (FTO-N).)
BUY
BUY
February 17, 2011
His model price is $44.50, a 45% positive differential. These stocks are very cyclical and pricing has to be exactly right in order for the refiners to make money.
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Valero Energy Corp (VLO-N)
February 17, 2011
His model price is $44.50, a 45% positive differential. These stocks are very cyclical and pricing has to be exactly right in order for the refiners to make money.
DON'T BUY
DON'T BUY
March 31, 2010
(Market Call Minute.) Refining sector has been one of the most horrible ones over the last couple of years. Still too much capacity and too much inventory and nobody is making any money.
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(Market Call Minute.) Refining sector has been one of the most horrible ones over the last couple of years. Still too much capacity and too much inventory and nobody is making any money.
SELL
SELL
March 5, 2010
(Market Call Minute) It refines and he is negative on refineries.
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(Market Call Minute) It refines and he is negative on refineries.
HOLD
HOLD
January 29, 2010
(Market Call Minute.) Pre-eminent refining company. Refining is in a tough spot but oil prices will go up.
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Valero Energy Corp (VLO-N)
January 29, 2010
(Market Call Minute.) Pre-eminent refining company. Refining is in a tough spot but oil prices will go up.
DON'T BUY
DON'T BUY
January 26, 2010
While oil price has been going up, demand has not. This one is not attractive enough over the long term to be in it.
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Valero Energy Corp (VLO-N)
January 26, 2010
While oil price has been going up, demand has not. This one is not attractive enough over the long term to be in it.
COMMENT
COMMENT
July 29, 2009
Refiners have had a very challenging period. Going forward there are other opportunities to put your money, as he doesn't see a dramatic recovery in the sector.
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Refiners have had a very challenging period. Going forward there are other opportunities to put your money, as he doesn't see a dramatic recovery in the sector.
HOLD
HOLD
July 24, 2009
Crack spreads are not moving up. Can refine many grades of crude but they don't get paid for this. Can't see any upside.
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Crack spreads are not moving up. Can refine many grades of crude but they don't get paid for this. Can't see any upside.
COMMENT
COMMENT
July 22, 2009
Largest independent refinery/gas marketing in North America. Margins are squeezed and it is not profitable to be in this business. Refineries are up for sale or are being closed so in the long run this will be good as capacity comes down.
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Largest independent refinery/gas marketing in North America. Margins are squeezed and it is not profitable to be in this business. Refineries are up for sale or are being closed so in the long run this will be good as capacity comes down.
DON'T BUY
DON'T BUY
March 30, 2009
Largest independent oil refiner and marketer in North America. Don't own oil wells. They buy oil, refine and sell through their own gas stations or wholesale it out. Dependent on margins that the market gives them at the time. In the last year or so, it has not been a great business to be in. You have to watch what the margins are.
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Largest independent oil refiner and marketer in North America. Don't own oil wells. They buy oil, refine and sell through their own gas stations or wholesale it out. Dependent on margins that the market gives them at the time. In the last year or so, it has not been a great business to be in. You have to watch what the margins are.
COMMENT
COMMENT
March 30, 2009
Refiners tend to do a little bit better in the summer. If you expect energy prices to hold these levels and work higher, you will likely do better in a producer rather than a refiner.
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Refiners tend to do a little bit better in the summer. If you expect energy prices to hold these levels and work higher, you will likely do better in a producer rather than a refiner.
BUY
BUY
February 24, 2009
His model price is $34.87, a 75% positive differential.
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Valero Energy Corp (VLO-N)
February 24, 2009
His model price is $34.87, a 75% positive differential.
Showing 31 to 45 of 129 entries