Valero Energy Corporation ($VLO) Stock Forecast: Down 5.1% Today

What is Valero Energy Corporation?

Valero Energy (VLO) is a leading energy company with a market capitalization of $42.93 billion. The stock has shown resilience and growth over the past two decades, outperforming the market with an average annual return of 9.87%.

Why is Valero Energy Corporation going down?

VLO stock is down 5.1% on Oct 8, 2024 15:15

• Despite the positive long-term performance, Valero Energy (VLO) experienced a bearish movement.
• The unusual options activity with a majority of traders showing bearish tendencies might have contributed to the stock's decline.
• While the broader market was declining, Valero Energy's specific bearish move could be attributed to profit-taking or concerns about the energy sector's outlook.
• Investors should keep an eye on analyst recommendations and market trends to gauge the future performance of Valero Energy amidst the current market volatility.

VLO Price Chart

VLO Technical Analysis

VLO News

Valero Energy ( VLO ) Gains As Market Dips: What You Should Know

In the most recent trading session, Valero Energy (VLO) closed at $143.98, indicating a +1.1% shift from the previous trading day.

https://www.zacks.com/stock/news/2347175/valero-energy-vlo-gains-as-market-dips-what-you-should-know

Valero Energy ( VLO ) Advances While Market Declines: Some Information for Investors

The latest trading day saw Valero Energy (VLO) settling at $137.47, representing a +1.81% change from its previous close.

https://www.zacks.com/stock/news/2344415/valero-energy-vlo-advances-while-market-declines-some-information-for-investors

$100 Invested In This Stock 20 Years Ago Would Be Worth $600 Today - Valero Energy ( NYSE:VLO )

Valero Energy VLO has outperformed the market over the past 20 years by 1.43% on an annualized basis producing an average annual return of 9.87%. Currently, Valero Energy has a market capitalization of $42.93 billion.

https://www.benzinga.com/insights/news/24/10/41128682/100-invested-in-this-stock-20-years-ago-would-be-worth-600-today

Is Valero Energy a Buy as Wall Street Analysts Look Optimistic?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed ( or sell-side ) analysts often influence a stock's price, but are they really important?

https://www.benzinga.com/news/earnings/24/10/41120948/is-valero-energy-a-buy-as-wall-street-analysts-look-optimistic

Looking At Valero Energy's Recent Unusual Options Activity - Valero Energy ( NYSE:VLO )

Financial giants have made a conspicuous bearish move on Valero Energy. Our analysis of options history for Valero Energy VLO revealed 8 unusual trades. Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies.

https://www.benzinga.com/insights/options/24/10/41127953/looking-at-valero-energys-recent-unusual-options-activity

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Valero Energy Corporation Price History

08.09.2024 - VLO Stock was down 5.1%

• Despite the positive long-term performance, Valero Energy (VLO) experienced a bearish movement.
• The unusual options activity with a majority of traders showing bearish tendencies might have contributed to the stock's decline.
• While the broader market was declining, Valero Energy's specific bearish move could be attributed to profit-taking or concerns about the energy sector's outlook.
• Investors should keep an eye on analyst recommendations and market trends to gauge the future performance of Valero Energy amidst the current market volatility.

03.09.2024 - VLO Stock was up 3.7%

• Valero Energy (VLO) experienced a strong bullish movement, outperforming the market.
• The stock's positive performance could be attributed to its consistent annualized return of 9.87% over the past 20 years, making it an attractive long-term investment.
• Despite some bearish options activity, with 62% of traders showing bearish tendencies, the overall sentiment remains positive, as analysts are optimistic about the stock's future prospects.
• Investors may find value in adding Valero Energy (VLO) to their portfolio based on the average brokerage recommendation, despite some skepticism surrounding the effectiveness of this metric.

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.

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.

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.