Bulls REASONS TO BUY
Bears REASONS TO SELL
May 20, 2013
(Stock Blog Hub, 5/20/13)
We reaffirmed our Neutral recommendation on the largest North American independent refiner and marketer of petroleum products Valero Energy Corporation (VLO), on May 14, 2013. Riding on...(read more)
(Stock Blog Hub, 10/12/12)
The U.S. Energy Department's weekly inventory release showed that crude stockpiles increased, as imports climbed and refinery demand weakened. The report further revealed...(read more)
Valero Energy (NYSE:VLO) has closed a number of its refineries as Isaac looms.
Valero Energy (VLO) Company Overview
Like many U.S. refiners, Valero’s profits are determined by the refining margin, which is the price difference between purchased crude oil and refined products. As a result, Valero’s revenue and profitability are susceptible to changes in crude prices, refined prices, and consumer demand for refined products. Valero’s refining operations also benefit from using cheaper, lower-grade crude inputs. Approximately two-thirds (2/3) of Valero’s refining capacity can use heavy, sour crude. As a result, the price differential between light, sweet crude grades and heavy, sour crude grades, known as the sour crude discount, has a significant impact on the company’s refining margin.(Read more at Wikinvest )
What's in this VLO analysis on Wikinvest...