Valero Energy Corporation ($VLO) Stock Forecast: Down 5.3% Today

What is Valero Energy Corporation?

Valero Energy (NYSE: VLO) Bearish Movement Valero Energy Corporation (VLO) is a multinational energy company focusing on refining and marketing petroleum products and is a significant player in the oil and gas sector.

Why is Valero Energy Corporation going down?

VLO stock is down 5.3% on Aug 2, 2024 19:44

• Increased options activity suggesting optimism towards Valero Energy did not result in a positive market trend, potentially disappointing investors.
• The partnership between JetBlue and Valero for supplying Blended Sustainable Aviation Fuel (SAF) could have raised concerns about the company's reliance on traditional fossil fuels amid changing political and environmental landscapes.
• The growing narrative of a political shift towards renewable energy and the impact of climate change on the oil industry may have contributed to the negative sentiment surrounding Valero Energy's stock.
• Despite potential backing from Republicans for oil companies, market sentiment towards oil stocks appears to be influenced by changing consumer preferences and environmental concerns, potentially impacting Valero's performance.

VLO Price Chart

VLO News

Spotlight on Valero Energy: Analyzing the Surge in Options Activity - Valero Energy ( NYSE:VLO )

Investors with a lot of money to spend have taken a bullish stance on Valero Energy VLO. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/24/08/40115583/spotlight-on-valero-energy-analyzing-the-surge-in-options-activity

JetBlue Announces First Regular Supply of Blended Sustainable Aviation Fuel (SAF) for Commercial Air Travel in New York

Today JetBlue (Nasdaq: JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE: WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE: VLO), to John F. Kennedy International Airport (JFK) as early as the fourth Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18328696-jetblue-announces-first-regular-supply-of-blended-sustainable-aviation-fuel-saf-for-commercial-air-travel-new-york

7 Oil Stocks to Buy as the Political Paradigm Shifts

Oil stocks, though powerfully relevant even in the age of new-energy vehicles, have presented a difficult narrative. With the rise of electric vehicles, consumers actually have choices now that extend beyond the hydrocarbon paradigm. Also, scientific concerns such as climate change have impacted the ideological discourse. Nevertheless, a possible pivot in the political realm may invigorate fossil fuels. At the beginning of last week, President Joe Biden shocked the nation – indeed the world – by announcing that he will not seek reelection. Instead, he will focus on carrying out his term in office. This decision came about thanks to former President Donald Trump riding a wave of momentum following his flawed (but comparatively superior) debate performance. It’s true that Democrats are energized, with Vice President Kamala Harris gaining Biden’s endorsement. Also, Trump is now the oldest candidate in the race. Still, he would seem to have the most straightforward path to the White House. Combined with Republicans’ penchant for support hydrocarbon enterprises, that could benefit the below oil stocks.

https://investorplace.com/2024/07/7-oil-stocks-to-buy-as-the-political-paradigm-shifts/

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Valero Energy Corporation Price History

09.06.2024 - VLO Stock was down 5.3%

• Valero's stock faced downward movement recently, contradicting its industry-leading position.
• Recommendations suggest a "Hold" strategy for Valero shares, reflecting a neutral outlook on its current status.
• Market reactions might stem from external factors affecting the oil sector, like price volatility and shifts in product demand.
• Investor wariness related to ambiguous low-carbon fuel regulations stands out as a key factor driving the stock's bearish performance.

03.09.2023 - VLO Stock was down 5.0%

• The bearish movement in VLO today could be attributed to the following factors:
• 1. Market sentiment: The overall market sentiment might have turned bearish, leading to a decline in VLO's stock price. This could be influenced by factors such as economic indicators, geopolitical tensions, or concerns about the energy sector.
• 2. Options activity: The presence of a large bearish position on VLO in publicly available options history suggests that someone with significant resources has taken a negative stance on the stock. This could have influenced market sentiment and contributed to the downward movement.
• 3. Pricing evaluation: The comprehensive guide mentioned in one of the articles might have highlighted concerns about the valuation of Valero Energy. If investors perceive the stock to be overpriced relative to its intrinsic value, it could lead to selling pressure and a decline in the stock price.
• 4. Company-specific news: While the provided articles do not mention any specific negative news about Valero Energy, it's possible that there could be company-specific factors influencing the bearish movement. This could include factors such as changes in refining margins, regulatory challenges, or operational issues.
• Overall, the bearish movement in VLO today could be a result of a combination of market sentiment, options activity, pricing evaluation, and potentially company-specific factors.

13.02.2024 - VLO Stock was up 5.1%

• Valero Energy (VLO) has shown a strong bullish movement, closing at $149.53, up by +0.34% from the previous day's close, showcasing positive momentum in the stock.
• The company's outperformance over the past 15 years and its average annual return of 15.0% could have instilled confidence in investors, driving up the stock price.
• The growth in the Bioethanol market size could have positively impacted VLO, as the company is involved in biofuel production, potentially leading to increased demand and revenue.
• The rising Relative Strength (RS) Rating of VLO from 76 to 81 indicates improving technical performance, attracting more investors and contributing to the bullish movement in the stock.

12.05.2024 - VLO Stock was down 1.6%

• The bearish movement in Valero Energy's stock today could be attributed to profit-taking by investors after a prolonged period of outperformance in the market.
• Despite the recent downturn, Valero Energy has shown strong historical performance, outperforming the market by 2.16% annually over the past 5 years.
• The market capitalization of $50.88 billion indicates the company's significant presence in the energy sector, but short-term market fluctuations can still impact its stock price.
• Investors might be reevaluating their positions in Valero Energy amidst broader market uncertainties or specific industry-related concerns, leading to the bearish movement observed today.

13.02.2024 - VLO Stock was up 5.2%

• Valero Energy (VLO) exhibited a strong bullish movement, closing at $149.53 with a +0.34% increase from the previous day.
• The stock has demonstrated market outperformance over the last 15 years, showcasing an average annual return of 15.0%.
• A notable increase in Valero Energy's Relative Strength (RS) Rating from 76 to 81 accentuates its robust technical performance.
• The thriving bioethanol sector, with entities like Abengoa SA and Aemetis Inc. making significant strides, likely contributed to the positive market sentiment surrounding Valero Energy, given its engagement in the energy industry.

01.10.2023 - VLO Stock was up 5.1%

• Valero Energy reported a solid quarter with refinery throughput volumes slightly increasing and 95% capacity utilization. This positive performance likely contributed to the bullish movement in the stock.
• The aggressive stock buybacks by Valero Energy in Q3 exceeded expectations, despite a decline in net income. This strategic move may have boosted investor confidence and contributed to the bullish market movement.
• The recent bullish rally in crude oil, along with the positive outlook for the energy sector, has drawn attention to companies like Valero Energy. The overall optimism surrounding the sector could have played a role in the bullish movement of VLO stock.
• While Valero Energy's Q3 revenue declined, the strong earnings per share (EPS) and progress in sustainable aviation fuel showcased the company's resilience and potential for future growth. This positive news may have influenced the bullish market movement.

16.10.2023 - VLO Stock was down 5.1%

• The bearish movement in VLO's stock today can be attributed to the following factors:
• 1. Increased stake by Charles Schwab Investment Management Inc.: The news of Charles Schwab Investment Management Inc. increasing its holdings in VLO indicates a potential selling pressure on the stock, leading to the bearish movement.
• 2. Decreased stake by Principal Financial Group Inc.: The trimming of stake by Principal Financial Group Inc. suggests a lack of confidence in VLO's future prospects, contributing to the bearish market movement.
• 3. Dividend analysis: The mention of Valero Energy Corp's dividend analysis in one of the articles might have influenced investors' sentiment, leading to a negative outlook on the stock and contributing to the bearish movement.
• 4. Overall market conditions: It's important to consider the broader market conditions and trends in the oil and gas industry, which could have influenced the bearish movement in VLO's stock. Factors such as global oil prices, geopolitical tensions, and demand-supply dynamics can impact the performance of energy companies like Valero Energy Co.

29.04.2024 - VLO Stock was down 5.0%

• There has been a recent surge in options activity with a bullish stance from investors, indicating a positive outlook for Valero Energy.
• The mixed sentiment between bullish and bearish big-money traders may have caused market uncertainty, leading to a bearish movement in the stock.
• The higher volume of call options compared to put options suggests anticipation of a potential price increase. However, the market movement has been bearish, possibly surprising those expecting a bullish trend.
• The disparity between projected price targets and actual market performance likely contributed to the strong bearish movement in Valero Energy's stock.

26.06.2024 - VLO Stock was up 6.4%

• Valero Energy (VLO) reported impressive Q2 2024 earnings, beating both EPS and revenue estimates.
• The positive earnings report likely boosted investor confidence in the company's performance and future prospects.
• Filing Form 8-K with the SEC might have also signaled transparency and good governance practices, further enhancing investor trust in Valero Energy.
• The overall bullish market movement could be attributed to the combination of strong financial results and strategic communication with investors through regulatory filings.

25.06.2024 - VLO Stock was up 6.0%

• Valero Energy (VLO) reported impressive Q2 2024 earnings, beating both EPS and revenue estimates, which likely boosted investor confidence in the company's performance.
• The filing of Form 8-K with the SEC by Valero Energy could have provided additional transparency and positive insights into the company's operations, reassuring investors.
• The strong financial results and operational performance showcased by Valero Energy in the second quarter of 2024 may have contributed to the bullish movement in VLO stock as investors reacted positively to the news.
• Overall, the combination of beating earnings expectations, solid revenue figures, and transparent communication through regulatory filings likely fueled the bullish sentiment surrounding Valero Energy and its stock price today.

25.06.2024 - VLO Stock was up 1.4%

• VLO posted impressive Q2 2024 earnings, with an EPS of $2.71 and revenue of $34.49 billion, surpassing expectations and showing strong financial performance.
• The stock's positive earnings and revenue surprises, 3.83% and 0.35% respectively, likely contributed to its upward momentum.
• Despite a decline in net income from the previous year, VLO's emphasis on sustainable aviation fuel and commitment to shareholder returns may have boosted investor confidence and lifted the stock price.
• The market reacted favorably to VLO's strong financial results and strategic plans, leading to a bullish trend in the stock.

02.07.2024 - VLO Stock was down 5.3%

• Increased options activity suggesting optimism towards Valero Energy did not result in a positive market trend, potentially disappointing investors.
• The partnership between JetBlue and Valero for supplying Blended Sustainable Aviation Fuel (SAF) could have raised concerns about the company's reliance on traditional fossil fuels amid changing political and environmental landscapes.
• The growing narrative of a political shift towards renewable energy and the impact of climate change on the oil industry may have contributed to the negative sentiment surrounding Valero Energy's stock.
• Despite potential backing from Republicans for oil companies, market sentiment towards oil stocks appears to be influenced by changing consumer preferences and environmental concerns, potentially impacting Valero's performance.