Oil Stock Momentum Shifting From E&Ps To Refiners: What Company Is BofA Securities’ Top Pick?
The U.S. refiners, rather than E&Ps, is where there is the “greatest potential for continued absolute outperformance,” according to BofA Securities.
Analyzing Valero Energy Corporation’s Short Interest
Valero Energy Corporation's (NYSE:VLO) short percent of float has risen 5.0% since its last report. The company recently reported that it has 11.97 million shares sold short, which is 2.94% of all regular shares that are available for trading.
Is It A Good Time To Average Down Energy Stocks? 10 Trade Ideas
Oil prices have dipped below $100 for the first time since mid-March, causing stocks associated with the sector to fall.
Brent crude oil fell 4.36% to $98.30, while WTI (West Texas Intermediary) fell 4.22% to $94.11. Crude prices have been on an unprecedented rally since February, when Russia invaded Ukraine, pushing prices to levels unseen since 2014.
What 4 Analyst Ratings Have To Say About Valero Energy
Over the past 3 months, 4 analysts have published their opinion on Valero Energy (NYSE:VLO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Looking Into Valero Energy Corporation’s Recent Short Interest
Valero Energy Corporation's (NYSE:VLO) short percent of float has fallen 11.67% since its last report. The company recently reported that it has 11.42 million shares sold short, which is 2.8% of all regular shares that are available for trading.
Where Valero Energy Stands With Analysts
Over the past 3 months, 4 analysts have published their opinion on Valero Energy (NYSE:VLO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Harold Hamm Purchases $20 Million Worth Of Continental Resources
A challenging macro environment continued to roil markets last week with the S&P 500 dropping 2.4% and the Nasdaq dropping 3.6%.
All The Stocks That Moved Friday From CNBC’s ‘Fast Money: Halftime Report’
CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors.
The commentary often moves the stocks mentioned. The information is collected and refined using Benzinga Pro’s News Tool. Benzinga Pro users can access this information by using the News tool in any workstation.
Here’s How Much You Would Have Made Owning Valero Energy Stock In The Last 20 Years
Valero Energy (NYSE:VLO) has outperformed the market over the past 20 years by 3.8% on an annualized basis.