Valero Energy Corporation (VLO)

Over the past six months, Valero Energy Corp.'s stock price has experienced fluctuations. As of June 25, 2025, the share price was $135.72, representing a decline of 11.63% from its price of $153.58 on June 26, 2024. Key events impacting the stock include analyst coverage and upgrades, such as Evercore ISI Group initiating coverage with an "In-Line" recommendation and Goldman Sachs upgrading its outlook from "Neutral" to "Buy." Refinery closures, including plans to close its Benicia and Wilmington refineries in California, were noted in its Q1 2025 earnings report. The company released its First Quarter 2025 results on April 24, 2025, which outlined a decline in revenue and operating income, and an asset impairment loss of $1.1 billion primarily related to California operations. The Fourth Quarter 2024 earnings were announced on January 30, 2025. Valero Energy Corporation declared a regular cash dividend on its common stock on May 6, 2025.

Demand for Valero Energy Corp.'s products and services exhibits seasonality, particularly for transportation fuels. Gasoline and diesel demand are expected to follow typical seasonal patterns. The company anticipates strong demand for refined products, including gasoline, diesel, and jet fuel, ahead of the peak summer travel season. Jet fuel demand has been improving and is approaching pre-pandemic levels in the U.S. Demand for renewable diesel is expected to remain consistent, and ethanol demand is also projected to follow seasonal patterns. Valero's ability to optimize its product slate allows it to adapt to market conditions, such as shifting from "max gasoline" to "max distillate" production, to capture higher margins.

Valero Energy Corporation is a multinational downstream company primarily engaged in the manufacturing and marketing of transportation fuels and petrochemical products. The company operates within the Energy and Utilities sector, specifically in the Oil and Gas refining and marketing industry. Valero's major products include gasoline, diesel fuels, jet fuel, asphalt, petrochemicals, and lubricants. Beyond traditional petroleum products, Valero is also a significant producer of low-carbon liquid transportation fuels, including renewable diesel, ethanol, dry distillers' grains, and corn oil, with plans for sustainable aviation fuel production.

Valero Energy Corp. operates in the United States, Canada, the United Kingdom, Ireland, Mexico, and Peru. It has 15 petroleum refineries across the U.S., Canada, and the U.K., with a combined throughput capacity of approximately 3.2 million barrels per day. Valero also operates 12 ethanol plants, primarily in the U.S. Midwest, with a combined production capacity of about 1.6 billion gallons per year. Its renewable diesel operations, through the Diamond Green Diesel joint venture, include two plants in the U.S. Gulf Coast region. Valero maintains a strong presence in the advantaged U.S. Gulf Coast and mid-continent regions.

Valero Energy's brand reputation in the past year is focused on its commitment to advancing the future of energy through innovation and its strategic investments in low-carbon fuels. The company highlights its efforts to reduce greenhouse gas emissions and its position as a major producer of low-carbon liquid transportation fuels. While the asset impairment loss related to California operations and the announced closure of two California refineries were significant financial events, specific information detailing a negative impact on Valero's brand reputation in the past year was not prominently found in the search results.

Valero Energy Corporation has significant institutional ownership. 2,392 institutional owners and shareholders hold a total of over 311 million shares. Institutional shareholders collectively own 83.88% of the company, while insiders own 1.99%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., State Street Corp, Charles Schwab Investment Management Inc., Price T Rowe Associates Inc /md/, Morgan Stanley, Ameriprise Financial Inc., and Geode Capital Management LLC.