|Bid||73.19 x 100|
|Ask||73.40 x 100|
|Day's Range||72.51 - 73.38|
|52 Week Range||51.17 - 73.38|
|PE Ratio (TTM)||18.06|
|Dividend & Yield||2.80 (3.94%)|
|1y Target Est||N/A|
Mexico's growing fuels market took the spotlight during a binational meeting hosted by Texas Gov. Greg Abbott to discuss new business opportunities in the energy sector. Abbott hosted Mexican Ambassador to the U.S. Geronimo Gutierrez-Fernandez and Petroleos Mexicanos CEO Jose Antonio Gonzalez-Anaya at a Monday evening dinner with executives from Texas-based energy companies at the Governor's mansion.
A legal standoff with the California Attorney General's Office has ended with San Antonio-based refining company Valero Energy Corp. backing away from plans to buy two storage terminals in the Golden State. The sale of the terminals in Richmond and Martinez, California, were cleared by the Federal Trade Commission but raised the ire of the California Attorney General's Office, which filed a sealed antitrust lawsuit on June 30 against Plains, Valero and Valero Energy Partners LP (VLP) to block the transaction. In the company's Monday afternoon statement, Valero officials said a federal judge denied the California Attorney General's motion for a temporary restraining order but that the company nonetheless decided to call off the deal.
Authorities are investigating the cause of a fire that destroyed a storage tank at a Valero Energy Corp. refinery in Port Arthur. No injuries were reported, but Valero (VLO) officials confirmed that a fire broke out at a heavy oil storage tank at the company's Port Arthur Refinery at 11:50 a.m. Sept. 19. In a statement, Valero officials reported that their own emergency crews responded to the fire and called the Port Arthur Fire Department for assistance.