Valero Energy (VLO) Earning Somewhat Favorable Press Coverage, Analysis Shows
Media headlines about Valero Energy (NYSE:VLO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Valero Energy earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.6849309091916 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Implied Volatility Surging for Valero Energy (VLO) Stock Options – Nasdaq (nasdaq.com)
- Valero Energy Corp (NYSE:VLO) Institutional Investors 2017 Q3 Sentiment (tingoos.com)
- Institutional Ownership And Insider Trading At Valero Energy Corporation (VLO) (nismagazine.com)
- Venezuela’s crude sales to the U.S. fell below 600,000 bpd in 2017 (finance.yahoo.com)
Shares of Valero Energy (NYSE:VLO) traded up $1.40 during trading hours on Wednesday, reaching $97.56. 2,940,000 shares of the company traded hands, compared to its average volume of 3,080,000. The company has a market cap of $43,090.00, a P/E ratio of 21.16, a PEG ratio of 1.56 and a beta of 1.20. Valero Energy has a 12-month low of $60.69 and a 12-month high of $98.11. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.24 and a current ratio of 1.91.
Several research analysts have weighed in on the stock. Cowen raised their price objective on shares of Valero Energy from $70.00 to $90.00 and gave the stock an “outperform” rating in a report on Thursday, September 28th. UBS Group reissued a “neutral” rating and set a $80.00 price objective (up from $69.00) on shares of Valero Energy in a report on Wednesday, September 27th. Deutsche Bank reissued a “hold” rating and set a $73.00 price objective (up from $65.00) on shares of Valero Energy in a report on Wednesday, September 20th. Zacks Investment Research lowered shares of Valero Energy from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Jefferies Group lowered shares of Valero Energy from a “buy” rating to a “hold” rating in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company. Valero Energy currently has an average rating of “Hold” and an average target price 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 value of $87,230.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Michael S. Ciskowski sold 45,657 shares of Valero Energy stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $88.91, for a total transaction of $4,059,363.87. Following the completion of the sale, the chief financial officer now owns 57,589 shares in the company, valued at $5,120,237.99. The disclosure for this sale can be found here. Over the last quarter, insiders sold 301,287 shares of company stock worth $27,860,150. 0.45% of the stock is currently owned by 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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