Valero Energy
Latest Valero Energy News
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Market downdraft has many stocks looking like bargains
including: •Discounting in energy and commodities. Marathon Petroleum, iron miner Cliffs Natural Resources and Valero Energy are among the largest companies with the lowest P-Es. Chevron and ConocoPhillips sport P-Es of 7.2 and 8.0 respectively
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ConocoPhillips and Valero Earnings Are Up as Top Five Oil Companies Have High Expectationsspill in the Gulf of Mexico. Valero Energy , based in San Antonio, Texas 8 million 5. William Kleese ( Valero Energy ): $9.8 million 6. Clarence billion; $4.9 billion 26. Valero Energy $70.0 billion; $-2.0 billion
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Exxon Profit Up 69 Percent as Gas and Oil Prices Boost Top Five Oil Companies
spill in the Gulf of Mexico. Valero Energy , based in San Antonio, Texas 8 million 5. William Kleese ( Valero Energy ): $9.8 million 6. Clarence billion; $4.9 billion 26. Valero Energy $70.0 billion; $-2.0 billion
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Stocks extend losses on weak confidence report
businesses continued to pare spending, especially on pricier items like furniture and computers. Independent oil refiner Valero Energy vlo fell 77 cents, or 4.1%, to $18 after it recorded a second-quarter loss. Bond prices mostly rose, pushing
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Stock futures point to lower Wall Street open
than analyst expectations. Independent oil refiner Valero Energy VLO recorded a second-quarter loss amid weak demand and narrowing margins. Despite the loss of 50 cents a share, Valero did beat analysts expectations by 2 cents per share
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Kudos to 8 stock mutual funds that have clawed back to profits
Securities and Exchange Commission filings, the fund was 98% invested on March 31, and its largest holding then was Valero energy . The fund appears to move around quite a bit — its portfolio was about 25% in money market securities, or cash
News
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Stock sales generally aren't good for existing shareholders
additional shares to the public, as Valero Energy vlo did? A: Generally, more stock the stock market's reaction to Valero Energy 's plans to sell 40 million shares typical: Negative. Shares of Valero closed at $22.38 on June 2
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ExxonMobil passes Wal-Mart atop Fortune 500
revenue. Telecom giant AT&T Inc. moved up two notches to take eighth place, with Hewlett-Packard Co. and Valero Energy Corp . rounding out the top 10. Among the hardest hit in 2008 were financial services companies, Fortune said. Banks
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Oil dips briefly below $100, but wholesale gas spikes
once the storm factor subsides, we'll see a much higher correlation between gasoline and crude oil." ExxonMobil, Valero Energy , ConocoPhillips and Marathon Oil have begun halting operations as the hurricane headed straight for the nation's
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Gas Price Gouging Hits Hurricane Statesshuttered operations in preparation for a storm surge. Valero Energy Corp ., North America's largest refiner, was shutting operating at planned rates. Spokesman Bill Day said 64 of Valero 's 193 company-owned stores in the region were closed
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Ike blows gasoline prices higher
but "it could be weeks, or even months," if the impact is severe. That could keep pump prices high for a while. Valero Energy is shutting two Texas refineries. "We're concerned about losing electrical power and flooding," says spokesman
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Hurricane Gustav hits oilfield areas, but gas prices go down
the hurricane to pass before sending workers out to inspect the damage. Bill Day, a spokesman for refining company Valero Energy , notes that one concern is the supply of crude oil from platforms and tankers and how soon it can be moved to refineries
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What makes up the price of a gallon of gas?
buying more oil from other producers. CEO Jim Mulva said ConocoPhillips, the second-largest U.S. refiner behind Valero Energy Corp ., buys about 2 million barrels of crude a day at market prices to refine into gasoline and other products. "If oil
