Valero Energy (VLO)

• Market cap: $42.7B
• 1 day: -3.16%
• 5 days: 2.39%
• 1 month: -3.43%
• 3 months: -4.51%
• 6 months: -6.35%
• Year to date: 9.41%
• 1 year: -1.76%
• 5 years: 62.53%
• 10 years: 115.58%
• Sector: Energy
• Industry: Petroleum Refining

About: Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which has the capacity to produce 1.2 billion gallons per year of renewable diesel.

Employees: 9,908

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 139

3.62% more ownership

Funds ownership: 78.65% [Q3] → 82.28% (+3.62%) [Q4]

3% less call options, than puts

Call options by funds: $925M | Put options by funds: $955M

3% less funds holding

Funds holding: 1,425 [Q3] → 1,388 (-37) [Q4]

6% less capital invested

Capital invested by funds: $34.6B [Q3] → $32.7B (-$1.91B) [Q4]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q3] → 10 (-1) [Q4]

14% less repeat investments, than reductions

Existing positions increased: 470 | Existing positions reduced: 546

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $158 17% upside
• Avg. target: $159 18% upside
• High target: $159 18% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Roger Read 39% 1-year accuracy 43 / 109 met price target	18% upside $159	Overweight Maintained	31 Jan 2025
Mizuho Nitin Kumar 49% 1-year accuracy 35 / 71 met price target	17% upside $158	Outperform Maintained	8 Jan 2025