2,059 Shares in Valero Energy Corporation $VLO Purchased by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. bought a new position in shares of Valero Energy Corporation (NYSE:VLO) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,059 shares of the oil and gas company’s stock, valued at approximately $798,000.

Several other hedge funds also recently made changes to their positions in the business. Cornerstone Financial Management LLC raised its holdings in Valero Energy by 57.6% in the 2nd quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 38 shares in the last quarter. Whipplewood Advisors LLC lifted its position in shares of Valero Energy by 3,400.0% during the 1st quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 102 shares during the period. Financial Life Planners acquired a new stake in shares of Valero Energy during the 1st quarter worth $28,000. Valued Wealth Advisors LLC grew its holdings in shares of Valero Energy by 134.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after purchasing an additional 67 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new position in shares of Valero Energy in the first quarter worth $33,000. 78.69% of the stock is owned by institutional investors.

Valero Energy Trading Up 0.7%

Shares of VLO stock opened at $436.56 on Thursday. Valero Energy Corporation has a fifty-two week low of $156.26 and a fifty-two week high of $461.52. The stock’s fifty day moving average price is $389.82 and its two-hundred day moving average price is $308.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.23 and a current ratio of 1.64. The company has a market cap of $125.70 billion, a PE ratio of 18.11, a P/E/G ratio of 0.27 and a beta of 0.59.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $12.54 EPS for the quarter, topping analysts’ consensus estimates of $10.11 by $2.43. Valero Energy had a return on equity of 26.74% and a net margin of 5.17%. The company had revenue of $44.48 billion during the quarter, compared to analysts’ expectations of $39.47 billion. During the same quarter in the previous year, the firm earned $2.28 EPS. Valero Energy’s revenue was up 48.8% on a year-over-year basis. Equities analysts predict that Valero Energy Corporation will post 52.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on VLO. Morgan Stanley boosted their price target on Valero Energy from $255.00 to $411.00 and gave the company an “equal weight” rating in a research note on Monday, September 14th. Wells Fargo & Company increased their price objective on shares of Valero Energy from $389.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Zacks Research upgraded shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Barclays raised their target price on shares of Valero Energy from $323.00 to $441.00 and gave the company an “overweight” rating in a report on Tuesday, October 6th. Finally, Erste Group Bank cut shares of Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Valero Energy has an average rating of “Moderate Buy” and a consensus price target of $382.62.

Valero Energy News Summary

Here are the key news stories impacting Valero Energy this week:

• Positive Sentiment: Higher refining margins are raising expectations for Valero’s third-quarter performance. As a major independent petroleum refiner, VLO could benefit from improved crack spreads and stronger profitability in its core refining business. Valero Energy’s Q3 Earnings Approach: Higher Refining Margins Fuel Optimism
• Positive Sentiment: Valero’s recent momentum has attracted attention from investors. The stock had gained 2.53% over the prior week, reflecting expectations that the earnings report could benefit from favorable refining conditions. Valero Energy Is Up 2.53% in One Week
• Neutral Sentiment: Wall Street is focusing not only on revenue and earnings, but also on key operating metrics expected with the third-quarter results. The report could determine whether the recent rally is supported by fundamentals. Insights Into Valero Energy Q3: Wall Street Projections for Key Metrics
• Neutral Sentiment: The company’s earnings announcement is the immediate focus for traders, increasing the likelihood of heightened volatility around the release. Valero previously reported a strong quarter, with earnings and revenue exceeding expectations, which sets a high bar for another upside surprise.
• Negative Sentiment: A report indicated that Valero shares fell 1.80% amid the run-up to the scheduled results, suggesting some profit-taking or caution ahead of the announcement. Investors may also be concerned that favorable refining-margin expectations are already reflected in the stock. Valero Energy Scheduled Results
• Negative Sentiment: Geopolitical disruptions have contributed to higher diesel costs, creating potential pressure on fuel consumers and operating expenses. The proposed $8 billion farmer relief program could cushion diesel demand, but it also underscores continued energy-market instability. Trump Announces $8B Bailout for Farmers

Valero Energy Company Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.