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The Brink's Company Message Board

lazyh1_2000 1 post  |  Last Activity: Jun 13, 2016 5:34 PM Member since: Mar 28, 2000
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  • lazyh1_2000 lazyh1_2000 Jun 13, 2016 5:34 PM Flag

    No surprise, really. Refining margins have been under pressure for several months now and it's taking it's toll of earnings and stock prices. Analyst consensus for VLO 2Q 2016 is nearly 30% less than year ago earnings. There appears to be no catalyst for change in the immediate future. That said, I'm long here. The company is going through a downturn and still posting decent profits. When the supply/demand equation improves in the distillate market you'll see a $70-80 range for VLO.

32.82+0.13(+0.40%)Jul 29 4:02 PMEDT