|Bid||60.65 x 1200|
|Ask||61.27 x 800|
|Day's Range||59.06 - 61.67|
|52 Week Range||31.00 - 98.03|
|Beta (5Y Monthly)||2.12|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 28, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||3.92 (6.77%)|
|Ex-Dividend Date||Nov 17, 2020|
|1y Target Est||60.67|
Back in April, OPEC’s decision to cut production sharply saved the oil industry from a much harsher drop. Now, the cartel faces another complicated decision: whether to begin restoring production to more normal levels or to extend the cuts and buoy prices for a few more months. A week ago analysts had been convinced that the cuts would be extended for at least three more months, but that certainty appears to be slipping -- and with it, the price of oil.
Valero Energy (VLO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Oil prices spiked after another pharmaceutical company touted the results of its Covid-19 vaccine, giving investors more confidence that oil demand will return next year.