Valero Energy Corp

VLO-N

NYSE:VLO

56.34
0.10 (0.18%)
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
HOLD
HOLD
June 16, 2008
(Market Call Minute.) Too much gas inventory and high fuel prices means margins are weak.
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(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.
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(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.
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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.
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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.)
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Valero Energy Corp (VLO-N)
November 1, 2007
His model price is $115, a 63% positive differential.
Showing 61 to 75 of 128 entries