Valero Energy (VLO)

• Market cap: $37.5B
• 1 day: -0.29%
• 5 days: -7.30%
• 1 month: -16.01%
• 3 months: -11.80%
• 6 months: -22.22%
• Year to date: -9.24%
• 1 year: -10.53%
• 5 years: 24.48%
• 10 years: 142.81%
• 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 Q3 regulatory filings by fund managers ($100M+ AUM)

65% more call options, than puts

Call options by funds: $1.59B | Put options by funds: $960M

2% more repeat investments, than reductions

Existing positions increased: 537 | Existing positions reduced: 529

2% less funds holding

Funds holding: 1,444 [Q2] → 1,416 (-28) [Q3]

5.3% less ownership

Funds ownership: 83.34% [Q2] → 78.04% (-5.3%) [Q3]

18% less first-time investments, than exits

New positions opened: 131 | Existing positions closed: 159

20% less capital invested

Capital invested by funds: $42.9B [Q2] → $34.3B (-$8.58B) [Q3]

39% less funds holding in top 10

Funds holding in top 10: 18 [Q2] → 11 (-7) [Q3]

Research analyst outlook

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

• Low target: $140 18% upside
• Avg. target: $154 30% upside
• High target: $176 48% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Mizuho Nitin Kumar 19% 1-year accuracy 15 / 79 met price target	39% upside $165	Outperform Maintained	16 Dec 2024
Wells Fargo Roger Read 23% 1-year accuracy 23 / 99 met price target	35% upside $160	Overweight Maintained	9 Dec 2024
Barclays Theresa Chen 25% 1-year accuracy 6 / 24 met price target	18% upside $140	Overweight Maintained	11 Nov 2024
TD Cowen Jason Gabelman 32% 1-year accuracy 9 / 28 met price target	18% upside $140	Buy Maintained	25 Oct 2024
Citigroup Vikram Bagri 38% 1-year accuracy 3 / 8 met price target	48% upside $176	Buy Maintained	25 Oct 2024