Valero Refines And Markets Oil, Gas, & Ethanol


Today I’m reviewing a large-cap oil & gas refining & marketing firm by the name of Valero Energy Corporation. Its trading ticker symbol is VLO.

Valero Energy Corp, as a petroleum refining and marketing company, produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as a spate of premium products.

As of December 31, 2017, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day. 

It markets its refined products through wholesale rack and bulk markets; and through approximately 7,400 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names.

It owns and operates 11 ethanol plants. The company also owns, operates, develops, and acquires crude oil, refined petroleum products pipelines, terminals, and other transportation and logistics assets.

Valero Energy Corporation has operations in the United States, Canada, the United Kingdom, Ireland, and internationally. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. 

Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

I use three key data points to gauge the value of any dividend equity or fund like Valero Energy Corporation (VLO): 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keyswill finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

VLO Price

Valero’sprice per share was $115.14 at yesterday’s market close. A year ago its price was $66.20 for a gain of $48.94 per share.  

Assuming Valero’s price will trade in the range of $80 to $150 next year, that nearly $50 gain would be extraordinary. I” peg the coming year gain at $30 totake its current $115.13 price to $145.13 by early August, 2019. 

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