|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||69.54 - 70.86|
|52 Week Range||35.44 - 84.39|
|Beta (5Y Monthly)||2.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 22, 2021|
|Forward Dividend & Yield||3.92 (5.51%)|
|Ex-Dividend Date||Feb 10, 2021|
|1y Target Est||85.56|
Valero (VLO) says that its refining and ethanol business segments were impacted significantly by a severe winter and ice storm, dubbed unofficially as Winter Storm Uri.
U.S. refiner Valero Energy Corp on Thursday warned that its first-quarter loss would exceed the previous three months, joining the ranks of energy firms hit hard by the severe winter storm in Texas in February. The cold wave in U.S. central and southern states has disrupted power and gas supply and knocked refineries, oil production and chemical plants out of commission for several weeks, resulting in companies including Exxon Mobil warning of a profit hit. Valero said it expects net loss attributable to its stockholders in the range of $1.81 to $2.05 per share for the first quarter, compared with an 88 cents loss in the fourth quarter.
Valero Energy Corp said on Thursday it expects to report a wider loss in the first quarter versus the fourth quarter as costs rose due to the hit from the Texas deep freeze. Valero expects net loss attributable to its stockholders in the range of $2.05 to $1.81 per share for the first quarter, compared with an 88 cents per share loss in the fourth quarter.