Valero Energy (VLO, Financial) experienced a notable stock movement, with its share price increasing by 5.01%. The stock is currently trading at $142.48, with a volume of 2.07324 million shares and a turnover rate of 0.65%. The price volatility is recorded at 5.17%.
According to the latest financial report, Valero Energy achieved a revenue of $34.463 billion, a net profit of $877 million, and an earnings per share of $2.71. The company's gross profit stood at $1.339 billion, and it has a price-to-earnings ratio of 8.07.
In terms of institutional ratings, 60% of the participating 20 institutions recommend buying, 35% suggest holding, and 5% recommend selling. Within the oil and gas refining and sales sector, where Valero operates, the overall growth was 3.50%. Comparable stocks like Aemetis, Inc., Delek US Holdings, Inc., and PBF Energy Inc. also posted significant gains, with Aemetis, Inc. displaying the highest volatility at 11.74%.
Valero Energy is one of the largest independent refiners in the U.S., with operations in the U.S., Canada, and the U.K. The company operates 15 refineries with a total capacity of 3.2 million barrels per day and owns 12 ethanol plants with a capacity of 1.6 billion gallons annually. Additionally, Valero holds a 50% stake in Diamond Green Diesel, which produces 1.2 billion gallons of renewable diesel annually.
