Valero Energy's Second-Quarter Results Get a Welcome Boost From Refining
With a refining operation as large as Valero Energy's (NYSE: VLO), even the slightest uptick in the refining market can have a noticeable effect on the bottom line. Thanks to slightly better margins and a low maintenance period for its refineries, Valero was able to exceed expectations for the second quarter.
What is even more promising, though, is that management expects the market to improve even more from here. Let's take a look at Valero's most recent quarterly earnings and see what management thinks will drive better results in the near future.
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Source: Fool.com
Valero Energy Corp. Stock
€145.72
0.080%
We see a rather positive sentiment for Valero Energy Corp. with 20 Buy predictions and 2 Sell predictions.
With a target price of 158 € there is a slightly positive potential of 8.43% for Valero Energy Corp. compared to the current price of 145.72 €.
