(NYSE:VLO) opened at 54.43 on Tuesday. The company has a market cap of $25.21 billion.
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The stock’s 50 day moving average is 42.68 and its 200 day moving average is 45.34. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. The business had revenue of $88 million for the quarter, compared to analyst estimates of $85.21 million. The analyst mentioned that the company’s management has presented plans of annual growth of around 25% by 2017.
Valero Energy Corporation reported its last Earnings on Jul 26 BMO where the company reported Actual EPS of $1.07/Share whereas, the Analyst Estimated EPS was $1/share. The deal is expected to close on Sep 1, 2016. Shareholders of record on Thursday, August 11th will be given a $0.60 dividend. That dividend yield is growing, however, such that next year, the expected yield on Valero Energy Partners is expected to climb to 3.6%. 68 funds bought stakes while 312 increased positions. Legal & General Group Plc now owns 2,455,753 shares of the company’s stock worth $157,474,000 after buying an additional 56,133 shares during the last quarter. The heightened volatility saw the trading volume jump to 58,03,411 shares.
Company latest quarter ended on 30 Jun 2016, company announced earnings of $0.36. Moreover, Green Owl Capital Management Llc has 5.2% invested in the company for 41,500 shares.
While looking at the Stock’s Performance, Valero Energy Corporation now shows a Weekly Performance of -0.17%, where Monthly Performance is 10.34%, Quarterly performance is 1.06%, 6 Months performance is -3.23% and yearly performance percentage is -7.46%. Finally, JPMorgan Chase & Co. raised its position in shares of Valero Energy Corp.by 8.2% in the first quarter. They now have a Dollars 54 price target on the stock.
A number of other research analysts also recently issued reports on the stock. On Nov 24, 2015 the shares registered one year high at $73.88 and the one year low of $46.88 was seen on Jul 8, 2016. Sell-side analyst recommendations point to a short term price target of $61.33 on the company shares. Analysts rating the company a 3 indicate a Hold recommendation. The dominant statistics will authorize the investment community to govern the size of Valero Energy Corporation compared to the sales or total assets figures.
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Valero Energy Partners LP said it acquired terminals at refineries in Louisiana and Texas from a subsidiary of Valero Energy Corp. for $325 million. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. Approximately 7,500 outlets carry the Valero, Diamond Shamrock, Shamrock, and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.
