Valero Energy Corp

VLO-N

NYSE:VLO

70.18
1.48 (2.15%)
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.
More at Wikipedia

Analysis and Opinions about VLO-N

Signal
Opinion
Expert
HOLD
HOLD
June 16, 2008
(Market Call Minute.) Too much gas inventory and high fuel prices means margins are weak.
Show full opinionHide full opinion
(Market Call Minute.) Too much gas inventory and high fuel prices means margins are weak.
PAST TOP PICK
PAST TOP PICK
June 11, 2008
(A Top Pick July 27/07. Down 39%.) Refiners are caught with demand for gasoline going down and the price going up. They also have to buy crude. Reduced his weighting from 5% to 1.25%. Model price is $79, a 77% positive differential.
Show full opinionHide full opinion
(A Top Pick July 27/07. Down 39%.) Refiners are caught with demand for gasoline going down and the price going up. They also have to buy crude. Reduced his weighting from 5% to 1.25%. Model price is $79, a 77% positive differential.
DON'T BUY
DON'T BUY
June 10, 2008
Stock price is probably down due to quality of assets and quality of management. When you are buying, you might as well buy the leading companies. Also prefers Canadian companies to get the dividend tax credit.
Show full opinionHide full opinion
Stock price is probably down due to quality of assets and quality of management. When you are buying, you might as well buy the leading companies. Also prefers Canadian companies to get the dividend tax credit.
DON'T BUY
DON'T BUY
May 22, 2008
Higher crude prices made it harder to get a margin on gasoline.
Show full opinionHide full opinion
Higher crude prices made it harder to get a margin on gasoline.
SELL
SELL
May 8, 2008
Refineries are really having a tough time here. His model price is $79.26, a 66% positive differential. He still has it but it is no longer in his Top 10. There is going to come a time when these companies will make nothing but money. Consider changing to Canadian companies. (See his Top Picks.)
Show full opinionHide full opinion
Refineries are really having a tough time here. His model price is $79.26, a 66% positive differential. He still has it but it is no longer in his Top 10. There is going to come a time when these companies will make nothing but money. Consider changing to Canadian companies. (See his Top Picks.)
COMMENT
COMMENT
April 30, 2008
Crack spread for a refinery is when they buy oil at X dollars and refine it (the crack) and sell it. The profit is the crack spread. Demand for gasoline has not been strong and North American economy has been weakening. This is a cyclical business and that will change. If you are a long-term investor you could take advantage of the weakness and Buy. Doesn't see relief in the near term but in the medium to long term there could be value.
Show full opinionHide full opinion
Crack spread for a refinery is when they buy oil at X dollars and refine it (the crack) and sell it. The profit is the crack spread. Demand for gasoline has not been strong and North American economy has been weakening. This is a cyclical business and that will change. If you are a long-term investor you could take advantage of the weakness and Buy. Doesn't see relief in the near term but in the medium to long term there could be value.
BUY
BUY
April 7, 2008
Refinery. Stock has been hit hard as oil has gone up. An attractive place to be. Have a lot of assets and there are no new refineries being built in the US.
Show full opinionHide full opinion
Refinery. Stock has been hit hard as oil has gone up. An attractive place to be. Have a lot of assets and there are no new refineries being built in the US.
WEAK BUY
WEAK BUY
March 25, 2008
A good entry point. Crude prices are very high. There is an imbalance in supply and demand hurting the sector. Coming into the driving season. The second quarter should be significantly stronger than the first.
Show full opinionHide full opinion
A good entry point. Crude prices are very high. There is an imbalance in supply and demand hurting the sector. Coming into the driving season. The second quarter should be significantly stronger than the first.
WATCH
WATCH
March 19, 2008
Valero fits into the group of refiners and marketers. Seasonally we are close to get into the driving period. So you will probably get a bounce in the short term. Use the bounce to evaluate if you want to keep it. Don't buy in now.
Show full opinionHide full opinion
Valero fits into the group of refiners and marketers. Seasonally we are close to get into the driving period. So you will probably get a bounce in the short term. Use the bounce to evaluate if you want to keep it. Don't buy in now.
COMMENT
COMMENT
March 6, 2008
Crack spread is far more important to a refiner than the price of oil. The spread has been narrowing from exceptionally wide levels. All existing refineries are working to full capacity, and being fairly old having things occasionally go bang.
Show full opinionHide full opinion
Crack spread is far more important to a refiner than the price of oil. The spread has been narrowing from exceptionally wide levels. All existing refineries are working to full capacity, and being fairly old having things occasionally go bang.
PAST TOP PICK
PAST TOP PICK
February 7, 2008
(A Top Pick Feb 1/07. Up 1.5% including dividends.) His model price is $93.96, a 66% positive differential. Still a Buy.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
February 7, 2008
(A Top Pick Feb 1/07. Up 1.5% including dividends.) His model price is $93.96, a 66% positive differential. Still a Buy.
BUY
BUY
January 31, 2008
The refining industry is a difficult one, but they don’t build any more of them. Fairly cheap on a Price/Sales and Price/Earnings level. Would prefer a high dividend yield.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
January 31, 2008
The refining industry is a difficult one, but they don’t build any more of them. Fairly cheap on a Price/Sales and Price/Earnings level. Would prefer a high dividend yield.
PARTIAL BUY
PARTIAL BUY
January 17, 2008
His model price is $94.91. Trying to put in a bottom here, which would be about $54.80. Look for it to stabilize around this price. Would be looking at accumulating a little bit here.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
January 17, 2008
His model price is $94.91. Trying to put in a bottom here, which would be about $54.80. Look for it to stabilize around this price. Would be looking at accumulating a little bit here.
BUY
BUY
November 12, 2007
Likes refineries. Reasonably valued. Thinks it will go higher. There is a little seasonality with this where it ramps up in the summer and declines in the late summer and fall. You could buy today and hold on till mid-July when you could exit.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
November 12, 2007
Likes refineries. Reasonably valued. Thinks it will go higher. There is a little seasonality with this where it ramps up in the summer and declines in the late summer and fall. You could buy today and hold on till mid-July when you could exit.
BUY
BUY
November 1, 2007
His model price is $115, a 63% positive differential.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
November 1, 2007
His model price is $115, a 63% positive differential.
BUY
BUY
October 23, 2007
Largest independent pure play in North America. There are seasonal issues here and right now there is not a lot of demand for heating oil.Believes it is the best way to play the refining cycle. He would own but he does not.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
October 23, 2007
Largest independent pure play in North America. There are seasonal issues here and right now there is not a lot of demand for heating oil.Believes it is the best way to play the refining cycle. He would own but he does not.
PAST TOP PICK
PAST TOP PICK
October 10, 2007
(A Top Pick Oct 17/06. Up 36.4%.) His model price is $115.75, a 60% positive differential. Pre-announced today and the stock was off 1%. Still a Buy.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
October 10, 2007
(A Top Pick Oct 17/06. Up 36.4%.) His model price is $115.75, a 60% positive differential. Pre-announced today and the stock was off 1%. Still a Buy.
PAST TOP PICK
PAST TOP PICK
September 26, 2007
(A Top Pick Jan 5/07. Up 40.8%.) Benefited from the refining margin expansion. Reduced his holdings. The beginning of the year, such as February, is a beautiful time to buy it.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
September 26, 2007
(A Top Pick Jan 5/07. Up 40.8%.) Benefited from the refining margin expansion. Reduced his holdings. The beginning of the year, such as February, is a beautiful time to buy it.
HOLD
HOLD
September 11, 2007
Specializes in heavy sour crude to produce gasoline. Since light oil is disappearing, this is a good long-term hold.
Show full opinionHide full opinion
Valero Energy Corp (VLO-N)
September 11, 2007
Specializes in heavy sour crude to produce gasoline. Since light oil is disappearing, this is a good long-term hold.
TOP PICK
TOP PICK
August 30, 2007
(A Top Pick Oct 17. Up 29.5%.) Still a cheap stock. His model price is $109.75, a 61% positive differential.
Show full opinionHide full opinion
(A Top Pick Oct 17. Up 29.5%.) Still a cheap stock. His model price is $109.75, a 61% positive differential.
WAIT
WAIT
August 21, 2007
The largest pure play refining company. Rallied very hard as the refining margins widened. Has now pulled back. Very profitable. The greatest upside will be into the summer of next year when the real demand for refining comes into play. Wait until February-March and sell in July.
Show full opinionHide full opinion
The largest pure play refining company. Rallied very hard as the refining margins widened. Has now pulled back. Very profitable. The greatest upside will be into the summer of next year when the real demand for refining comes into play. Wait until February-March and sell in July.
HOLD
HOLD
August 8, 2007
Very well run company. At this level, it is a Hold. Traded in wide and an erratic swings is because of the crack spread, the margin that ogres for refiners. Very diverse in its asset base. Great stock from a trading perspective.
Show full opinionHide full opinion
Very well run company. At this level, it is a Hold. Traded in wide and an erratic swings is because of the crack spread, the margin that ogres for refiners. Very diverse in its asset base. Great stock from a trading perspective.
TOP PICK
TOP PICK
July 27, 2007
Refinery. His model price is $124, an 81% positive differential.
Show full opinionHide full opinion
Refinery. His model price is $124, an 81% positive differential.
BUY
BUY
July 6, 2007
Consolidating right now and doesn't think there is a lot of significant downside right now. Exit at $72.95.
Show full opinionHide full opinion
Consolidating right now and doesn't think there is a lot of significant downside right now. Exit at $72.95.
PAST TOP PICK
PAST TOP PICK
June 21, 2007
(A Top Pick Oct 17/06. Up 45%.) Refining. A very mis-priced asset.
Show full opinionHide full opinion
(A Top Pick Oct 17/06. Up 45%.) Refining. A very mis-priced asset.
BUY
BUY
June 7, 2007
62% positive differential Cheapest stock on the SMP 100. It's in their top ten.
Show full opinionHide full opinion
62% positive differential Cheapest stock on the SMP 100. It's in their top ten.
BUY
BUY
June 6, 2007
Is into refining or a refining component.
Show full opinionHide full opinion
Is into refining or a refining component.
BUY
BUY
May 2, 2007
Just announced they just sold their to Ohio refinery to Husky. Likes the refining business. Long term buy.
Show full opinionHide full opinion
Just announced they just sold their to Ohio refinery to Husky. Likes the refining business. Long term buy.
BUY
BUY
May 1, 2007
World's biggest independent refiner and marketer of fuels. Refining and marketing margins are historically wide now. There is a shortage of refining capacity.
Show full opinionHide full opinion
World's biggest independent refiner and marketer of fuels. Refining and marketing margins are historically wide now. There is a shortage of refining capacity.
BUY
BUY
April 12, 2007
He has a model price of $106.97, which is a 59% positive differential.
Show full opinionHide full opinion
He has a model price of $106.97, which is a 59% positive differential.
Showing 61 to 90 of 128 entries