Media stories about Valero Energy (NYSE:VLO) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Valero Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 46.5638654014062 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Venezuela’s crude sales to the U.S. fell below 600,000 bpd in 2017 (finance.yahoo.com)
- Refiners’ Valuations for MPC, ANDV, VLO, and PSX (finance.yahoo.com)
- Valero Energy (VLO) & BP (BP) Head-To-Head Survey (americanbankingnews.com)
- Valero Energy Corporation Will Attend The Credit Suisse Energy Summit (nasdaq.com)
- Valero Energy Corporation Will Attend The Credit Suisse Energy Summit (finance.yahoo.com)
Valero Energy (NYSE:VLO) traded up $2.20 during mid-day trading on Friday, reaching $96.75. 2,868,554 shares of the company’s stock traded hands, compared to its average volume of 3,160,000. The company has a market capitalization of $42,730.00, a price-to-earnings ratio of 20.99, a P/E/G ratio of 1.47 and a beta of 1.20. The company has a quick ratio of 1.24, a current ratio of 1.91 and a debt-to-equity ratio of 0.39. Valero Energy has a fifty-two week low of $60.69 and a fifty-two week high of $97.00.
Valero Energy (NYSE:VLO) last released its earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.83 by $0.08. The firm had revenue of $23.56 billion during the quarter, compared to analyst estimates of $19.42 billion. Valero Energy had a net margin of 3.66% and a return on equity of 16.72%. The business’s revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the business earned $1.24 EPS. research analysts anticipate that Valero Energy will post 5 EPS for the current fiscal year.
Several research analysts have weighed in on VLO shares. Zacks Investment Research upgraded shares of Valero Energy from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Monday, October 16th. Citigroup increased their price objective on shares of Valero Energy from $68.00 to $76.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Cowen reissued a “buy” rating and issued a $90.00 price objective on shares of Valero Energy in a research note on Friday, November 3rd. Scotiabank reissued a “buy” rating and issued a $84.00 price objective on shares of Valero Energy in a research note on Tuesday, November 14th. Finally, ValuEngine raised shares of Valero Energy from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $81.41.
In related news, Director Stephen M. Waters sold 1,000 shares of Valero Energy stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $87.23, for a total transaction of $87,230.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Philip J. Pfeiffer sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $81.42, for a total transaction of $122,130.00. The disclosure for this sale can be found here. Insiders have sold a total of 301,287 shares of company stock valued at $27,860,150 in the last quarter. 0.45% of the stock is currently owned by company insiders.
About Valero Energy
Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.
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