VLO - Valero Energy Corporation
93.85 0.00 (0.00%)
After hours: 6:23PM EDT
| Previous Close | 94.17 |
| Open | 93.60 |
| Bid | 93.62 x 1200 |
| Ask | 93.85 x 900 |
| Day's Range | 93.24 - 94.66 |
| 52 Week Range | 68.81 - 94.72 |
| Volume | 3,487,319 |
| Avg. Volume | 3,174,629 |
| Market Cap | 38.892B |
| Beta (3Y Monthly) | 1.74 |
| PE Ratio (TTM) | 15.41 |
| EPS (TTM) | 6.09 |
| Earnings Date | Oct 24, 2019 |
| Forward Dividend & Yield | 3.60 (3.82%) |
| Ex-Dividend Date | 2019-08-05 |
| 1y Target Est | 100.22 |
- Market Realist
Will Valero’s Refining Earnings Fall in Q3?
Valero Energy’s (VLO) refining earnings are the biggest factor in the company's total profits. With earnings due Thursday, here's what to expect.
- TipRanks
Goldman Sachs: 3 High-Yield Dividend Stocks With Growth on the Horizon
Investors have voted with their wallets, and the verdict is in: they want income and growth. That shouldn’t be surprising, as income and growth are the keys to profitable investing, but market conditions have been volatile in the last 12 months. With share appreciation unreliable, investors have turned to dividends.Dividends offer the steady income stream that investors want, while the top dividend stocks are available at a relative discount to market prices. According to Cole Hunter, a top strategist with Goldman Sachs, “The Dividend Growth basket … now trades at nearly the largest discount to the median S&P 500 stock since 2006.” He has assembled a list of stocks which he expects to both beat the S&P’s average dividend yield by a wide margin, and extend that margin through sustained dividend growth in the coming three years.We’ve used TipRanks’ Stock Screener tool to further sort Hunter’s list of dividend champs, and find three with Buy ratings and great prospects for mid-term growth.Citizens Financial (CFG)The banking industry has had its ups and downs in recent years. It never really recovered the reputation lost in the 2008 Great Recession, even though most big banks had, by the end of 2009, paid the government back for money received under the Troubled Asset Relief Program. The long years of low-interest rates from 2009 through 2015, under the Federal Reserve’s quantitative easing policy, bit into lending profits but that pressure eased with the return of rate increases in December 2015. The rate cuts earlier this summer bode ill for the banking industry’s loan segments.At the same time, however, earnings are up and expected to continue gaining. Citizens Financial, a long-standing name in the US banking industry, exemplifies the conflicting trends the industry faces, and the strength it has to weather the possible storms. With a $15 billion markets cap and more than 1,100 branches in 11 states, CFG ranks 13th in size among American banks. Its $6.13 billion in 2018 revenues led to a net income that year of $1.72 billion and the company’s quarterly earnings have been steady increasing through 2019.Better yet, for income investors, CFG offers an annualized dividend yield of 4.05%, more than double the S&P average of 2.01%. The payment, $1.44 per share, is made in quarterly installments of 36 cents. According to Goldman Sachs’ Hunter, CFG’s yield is likely to reach 4.6% by the end of 2020, and through the combination of appreciation and dividends, investors will see an estimated return of 5.1% by 2021.CFG’s firm position in its industry underlies the stock’s generally favorable reviews from Wall Street analysts. The stock received two Buy ratings last week, from RBC Capital and Evercore ISI.Writing from RBC, 5-star analyst Gerard Cassidy reiterated his Buy on the stock, and set a $40 price target. As his bottom line, Cassidy said, “Earnings were essentially in line with expectations, reflecting strong fee income, which was led by mortgage banking, slightly lower credit costs and operating expenses. Though the company's fee revenue was strong in the quarter, net interest income was adversely impacted by a lower NIM… with its 10.3% CET1 ratio, [CFG] is well capitalized.” Cassidy’s target suggests a 12% upside to this stock. (To watch Cassidy's track record, click here)Evercore’s John Pancari sees a similar path forward for CFG, saying, “CFG’s evolving business model is benefiting from momentum in fee businesses and a greater overall fee contribution – helping temper the impact of lower rates. CFG remains prudent in actively returning capital. Accordingly, we expect this positioning to continue to present upside to the stock’s discount valuation over time.”Overall, CFG holds a Moderate Buy from the analyst consensus, with recent reviews including 2 buys, 1 hold, and 1 sell. Shares are trading at $35.58, so the average price target of $41 gives CFG an upside potential of 15%. (See Citizens Financial stock analysis on TipRanks)AbbVie (ABBV)This large-cap pharmaceutical giant has been pursuing a successful two-path growth strategy, making acquisitions for expansion and reaping profits from new medications (SKYRIZI) and established drugs (Humira). The AbbVie faced risk on the Humira front, however, as the patent on the popular biologic anti-inflammatory drug has expired and competition is growing. A risk management strategy is essential here, as Humira accounts for approximately 50% of the company’s drug division revenue.Revenue remains strong. For fiscal 2018, AbbVie reported a $32.75 billion revenue stream, from which it derived a $6.38 billion income. Earnings per share have been increasing steadily since Q4 2018, and have beaten the forecasts in 1H19. The Q3 forecast is for $2.29 per share.All of this gives AbbVie, like CFG, a solid foundation for profits, investor rewards, and growth. The company has been raising the dividend payment steadily for the last six years, showing confidence in itself and a commitment to returning income to investors. The current payment, of $1.07, annualizes to $4.28 and represents an impressive yield of 5.54%; in fact, AbbVie has the highest yield of the stocks in this article. According to Cole Hunter’s estimates, ABBV’s yield will increase to 6.1% next year, and by 2021 the return on cash invested should reach 6.6%.Cowen analyst Steve Scala likes this stock, basing his assessment and Buy rating on a meeting with company management. He came away from that meeting with confidence in management’s plans for business and acquisition goals, in its new product portfolio, and its strategies to manage risk to the Humira profits. Scala’s $90 price target shows that confidence, as it indicates a 16% upside to the stock. (To watch Scala's track record, click here)Writing from Piper Jaffray, 5-star analyst Christopher Raymond was impressed by the company’s new drugs, especially Skyrizi and Rinvoq. He says, “Just putting pen to paper, 5% RA market share in our model equates to annual US revenue of ~$1.3B -- a run rate… that far exceeds our FY20 estimate of $400M.”All in all, Wall Street loves AbbVie. TipRanks tracking of 5 analyst ratings on the company shows a consensus Strong Buy, with 4 analysts recommending Buy and only one recommending Hold. The average price target is $86.33, representing a 10% upside from current levels. (See AbbVie stock analysis on TipRanks)Valero Energy (VLO)With our third stock, we move over to the energy industry. This cash-rich sector faced headwinds in the form of high overhead, heavy government regulation, and a lingering worry that Congress will shift farther left, pushing anti-fossil fuel policies, or that a Democratic White House victory next year will usher in an anti-oil stance. For now, however, mid- and downstream player Valero holds a stable position in the markets.The company operates refineries, pipelines, and retail outlets for the manufacture and distribution of gasoline, diesel fuel, other petroleum distillates and fuels, and energy. Valero doesn’t extract the fossil fuels. Rather, it processes the raw products into usable forms, transports the refined products to market, and sells them. Owning the means to do this, along with the final sellable product, Valero maintains control over its business model.Valero is one of the largest retail companies in the US, with 15 refining plants and over 6,800 outlets in the US, Canada, Caribbean, and UK. The company saw $117 billion in total revenues in the last fiscal year, which brought in $4.57 billion in net income. The large discrepancy underlines the high overhead common in the energy industry, while the high net income shows that energy remains profitable.Returning profits to investors has long been a priority for Valero. The company currently shows a dividend yield of 3.86%, translating to a $3.60 annualized payout. The quarterly payment comes to 90 cents per share, and the company has been raising it steadily for the last five years. In 2014, the quarterly dividend was just 27.5 cents. Goldman’s Hunter sees investors benefiting from a higher 4.5% yield next year, while the overall return should reach 4.9% in 2021.Writing from Wells Fargo, analyst Roger Read said back in August, “Valero is well-positioned to participate in increasing discounted domestic crude volumes along the Gulf Coast, especially as IMO 2020 is implemented. In 2018 and 2019, Valero's expected operating performance and commitment to shareholder returns via dividends and share repurchases appears to be favorably affecting its valuation multiples.” (To watch Read's track record, click here)Since writing those lines, Read has reiterated his thesis on Valero, and boosted his price target. His new target, $108, implies an upside of 15% to the stock.It’s not often that the analysts all agree on a stock, so when it does happen, take note. VLO’s Strong Buy consensus rating is based on a unanimous 7 Buys. The stock’s $99 average price target suggests a modest upside of 5% and a change from the current share price of $94. (See Valero Energy stock analysis on TipRanks)
- Zacks
Valero (VLO) Gears Up for Q3 Earnings: What's in the Cards?
Weak refined petroleum products demand is likely to have hurt Valero's (VLO) Q3 earnings and lowered total throughput volumes.
- Zacks
Things You Should Know About the EIA Crude Inventory Report
The federal government's EIA report revealed that crude inventories rose by 9.3 million barrels, compared to the 4 million barrels increase that energy analysts had expected.
- Benzinga
3 Trending Oil And Gas Stocks Amid Trade War, Middle East Tensions
With tension mounting in the world’s top oil producing region, oil and gas stocks have trended in interest and volatility in recent months. Regional turbulence has increased since the U.S. last year abandoned the Iran nuclear agreement and a civil war in Yemen became a proxy war between two regional powers, Iran and U.S. ally Saudi Arabia — the world’s largest oil producer. Supply threats increase the price of crude, which is good for upstream oil production companies.
- Zacks
Analysts Estimate Valero Energy (VLO) to Report a Decline in Earnings: What to Look Out for
Valero Energy (VLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- American City Business Journals
Valero faces stiff opposition to permit renewal at Houston plant
Harris County is among those pushing the TCEQ to place more stringent pollution monitoring requirements on the plant.
- Simply Wall St.
Valero Energy (NYSE:VLO) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
- Market Realist
Refiners before Q3 Earnings: MPC, VLO, PSX, HFC
Refiners have had a mixed October so far. Marathon Petroleum (MPC), Valero Energy (VLO), and Phillips 66 (PSX) are up, but HollyFrontier (HFC) has slumped.
- Zacks
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero, Marathon and Dril-Quip
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero, Marathon and Dril-Quip
- Barrons.com
Energy Stocks Are Falling Behind the Market. 3 Refiners Look Promising.
Although energy stocks as a group have been lagging behind the broader market, oil refiners have outperformed the sector in recent weeks. Refiners are down 2% in the past three months, while the energy sector overall, as tracked by the exchange-traded fund (XLE), is down 9%. Goldman Sachs analyst Neil Mehta thinks investors should consider buying (MPC) (ticker: MPC), (PSX)(PSX), and (VLO) (VLO).
- Insider Monkey
Hedge Funds Aren’t Crazy About Valero Energy Corporation (VLO) Anymore
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- Zacks
Should Value Investors Pick Valero Energy (VLO) Stock Now?
Let's see if Valero Energy Corporation (VLO) stock is a good choice for value-oriented investors right now from multiple angles.
- Zacks
Crude Prices Hold Steady After Mixed EIA Inventory Data
The federal government's EIA report revealed that crude inventories rose by 2.9 million barrels, compared to the 2.4 million barrels increase that energy analysts had expected.
- Zacks
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Phillips 66 and Marathon Petroleum
The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Phillips 66 and Marathon Petroleum
- Investopedia
8 Stocks That Can Lead Longterm as Steep Market Selloff Looms
These stocks offer low valuations and high dividends, and look poised to outperform under several possible economic backdrops.
- InvestorPlace
Check Out These 5 Fast-Growing Stocks to Buy
[Editor's note: "Check Out These 5 Fast-Growing Stocks to Buy " was previously published in June 2019. It has since been updated to include the most relevant information available.]The benefit of fast-growing stocks is self-evident, but if inflation becomes something to start worrying about, fast-growing stocks have an importance tied to timing.Source: Shutterstock If inflation returns, growth will be more uneven than it has been in the past. At that point, you'll need to find firms with solid sales earnings growth as well as technical and fundamental strengths to keep the profits rolling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? These are five fast-growing stocks to buy today that will keep you in good stead for years to come, even if inflation returns. Sherwin-Williams (SHW)Sherwin-Williams Co (NYSE:SHW) has sold paint and coatings now for 152 years. That's a pretty impressive record. But it's a bit unusual to see a paint company in a list of top growth stocks. Usually, it's some cloud-storage firm or a breakout online retailer.Source: Shutterstock However, SHW, by its size and reputation, has not only endured but it has positioned itself on top of the coatings heap. It grew from annual sales of $400,000 in 1866 to annual sales topping $15 billion last year, coming from over 100 countries around the world.Its size, scope and quality is one reason hardware giant Lowe's Companies, Inc. (NYSE:LOW) inked a deal to be the only nationwide home seller to offer SHW products. This is even more exciting given that housing demand is back on track and the interest in homeowners to fixing up their current houses. SHW is rated a "B" in my Portfolio Grader system. Vertex (VRTX)Vertex Pharmaceuticals (NASDAQ:VRTX) is one of the leading pharmaceutical firms when it comes to treating cystic fibrosis (CF).Source: Shutterstock That may not seem like much of a franchise given all the other more compelling diseases out there, but VRTX has built a $43.8 billion market cap in the sector and most of its competitors are looking for other places to find an opening.That is a big deal for pharma companies that usually are strong until patents run down or generics start eating into margins. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? Not so with VRTX. As new approvals keep rolling in for next-generation CF drugs, it has plenty more in the pipeline to keep this growth going. Royal Dutch Shell (RDS.A)Royal Dutch Shell (NYSE:RDS.A, NYSE:RDS.B) is one of the biggest players in the global energy markets. With a $227 billion market cap, the only Big Oil name that's bigger is Exxon Mobil (NYSE:XOM). It's what is called an integrated energy company because it has operations from the fields to the pipelines to the refineries to the distribution.Source: Mike Mozart via FlickrAs with all energy firms, when times are bad, the more exposure you have to the entire production and distribution process, the tougher things get. But at the size the big oils are, they have the money to wait out the bad patches.And that's just what RDS.A has done. Now it's time to cash in. RDS stock is rated a "C" by Portfolio Grader, but it is still delivering a mouth-watering 6.64% dividend. However, that may wane as the stock price starts rising. In the meanwhile, it's easy to see why this is one of our picks for the best fast-growing stocks. Lumentum (LITE)Lumentum Holdings Inc (NASDAQ: LITE) is a specialty company that focuses on laser beams. It's one of the biggest optical and photonics companies in the world that is working on the 3D sensing sector.Source: Shutterstock Essentially, 3D sensing is basically the gesture sensing that we all have become accustomed with in our mobile devices, screens in our cars, etc. It is one of the most ubiquitous aspects of our interactive age and one of the key parts of the Internet of Things (IoT) concept. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? LITE stock's broader tailwinds make it worthwhile. That is to say, Lumentum is also a major player in the optical networking space that makes the infrastructure that makes our world "smarter," operating in as close to real time as possible. It's crucial for the next generation of cloud computing and network operations.Its laser division helps build the next generation of equipment that makes all this possible. Knight-Swift (KNX)Knight-Swift Transportation Holdings Inc (NYSE:KNX) had its humble beginnings in 1966, taking steel from the Port of Los Angeles to Arizona and bringing cotton from Arizona to LA. Today, KNX is a $6 billion business with 20,000 trucks on the road throughout the U.S. and Mexico. If you see a Swift logo on a truck while driving, it's a KNX truck.Source: David Guo via FlickrCharles Dow, the inspiration for the Dow Jones Industrial Average, also inspired a fundamental theory about the economy and the markets. It's simply called Dow Theory.One of the core tenants is that if you look at the transportation and the industrial sectors, you can predict how well the economy will be doing in the near future. If the transport business is rising, that's a bullish sign that the economy is on an upswing and KNX stock with it.It's worth mentioning, however, that KNX stock sports an "F" rating in my Portfolio Grader system on a quantitative basis, but it has a "C" rating for fundamentals. Its inclusion in this list lies with its astronomical growth -- KNX stock is up 41% from its January low, and its one-year price target of $42 represents 20% growth. On an earnings basis, Knight-Swift is predicted to grow earnings at a long-term (5-year) rate of 10%.Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth, Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Check Out These 5 Fast-Growing Stocks to Buy appeared first on InvestorPlace.
- Market Realist
MPC, VLO, PSX, HFC: Will Refiners’ Earnings Fall in Q3?
Refiners have posted mixed results in the third quarter. Now, refiners are gearing up for their third-quarter earnings season.
- American City Business Journals
Is Piggly Wiggly still coming to Freeman Mill Square in Greensboro?
Is a Piggly Wiggly still coming to Freeman Mill Square in Greensboro? The answer is yes, according to Shaz Quamar, one of the developers of the mostly vacant shopping center at the corner of Freeman Mill Road and Florida Street, which sits in an underserved neighborhood that's a popular route for commuters into downtown Greensboro.
- Barrons.com
GM, Halliburton and More Value Dividend Stocks That Could Be Winners
General Motors, Halliburton, and Prudential Financial are on a list of companies identified by RBC Capital Markets.
- Reuters
UPDATE 2-U.N. launches investigations into killings, torture in Venezuela
The United Nations Human Rights Council agreed on Friday to set up an international fact-finding mission to document violations in Venezuela, including torture and thousands of summary executions. Venezuela's ambassador Jorge Valero rejected the "hostile resolution" - brought by countries, including Argentina, Brazil, Chile, Colombia and Peru, which are hosting millions of its refugees - as being part of a campaign led by the United States. "This small group follows to a T instruments handed to them by the American empire, these are shameful subjects of administration of President Trump," Valero told the talks.
- Zacks
Valero Energy (VLO) Dips More Than Broader Markets: What You Should Know
Valero Energy (VLO) closed the most recent trading day at $83.12, moving -0.65% from the previous trading session.
- Zacks
Should Marathon Petroleum Pay Heed to a Triple Split Bid?
Marathon Petroleum's (MPC) top brass reacts to Elliott's split bid stating that the company is in close touch with its shareholders and welcomes all suggestions to add shareholder value.
- Zacks
Key Reasons Why U.S. Oil Prices Fell for 2nd Straight Day
The federal government's EIA report revealed that crude inventories rose by 2.4 million barrels, compared to the 190,000 barrels drawdown that energy analysts had expected.
