Valero Energy Corporation: The Winning Streak Continues (VLO)


(MENAFN- Investor Brand Network)

Valero Energy Corporation (NYSE:VLO) traded today at a new 52-week high of $137.75. So far today approximately 671,000 shares have been exchanged, as compared to an average 30-day volume of 5.4 million shares.

Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 700 million gallons per year of renewable diesel.

Over the past year, Valero Energy Corporation has traded in a range of $58.85 to $137.75 and is now at $137.40, 133% above that low.

Valero Energy Corporation (NYSE:VLO) is currently priced 64.1% above its average consensus analyst price target of $49.27.

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