News headlines about Valero Energy Corporation (NYSE:VLO) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Valero Energy Corporation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 45.6271576466231 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern’s rankings:

VLO has been the topic of a number of research analyst reports. Standpoint Research initiated coverage on Valero Energy Corporation in a research note on Friday, June 30th. They issued an “accumulate” rating and a $84.00 target price on the stock. Scotiabank set a $70.00 target price on Valero Energy Corporation and gave the stock a “buy” rating in a research note on Thursday, July 27th. Jefferies Group LLC upgraded Valero Energy Corporation from a “hold” rating to a “buy” rating and upped their target price for the stock from $65.00 to $80.00 in a research note on Thursday, June 22nd. Citigroup Inc. decreased their target price on Valero Energy Corporation from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday, July 17th. Finally, BidaskClub upgraded Valero Energy Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $73.09.

Valero Energy Corporation (NYSE:VLO) traded up 0.65% during trading on Wednesday, reaching $73.18. The company had a trading volume of 3,255,614 shares. Valero Energy Corporation has a one year low of $51.17 and a one year high of $73.38. The firm’s 50 day moving average is $68.09 and its 200 day moving average is $66.42. The company has a market capitalization of $32.32 billion, a PE ratio of 18.06 and a beta of 1.19.

Valero Energy Corporation (NYSE:VLO) last issued its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $1.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.15. Valero Energy Corporation had a return on equity of 8.59% and a net margin of 2.17%. The company had revenue of $22.25 billion for the quarter, compared to analysts’ expectations of $19.32 billion. During the same period in the previous year, the firm posted $1.07 earnings per share. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, equities research analysts predict that Valero Energy Corporation will post $4.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Wednesday, August 9th were paid a dividend of $0.70 per share. The ex-dividend date was Monday, August 7th. This represents a $2.80 annualized dividend and a yield of 3.83%. Valero Energy Corporation’s payout ratio is currently 69.14%.

In other Valero Energy Corporation news, Director Stephen M. Waters sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $68.00, for a total transaction of $102,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.45% of the company’s stock.

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About Valero Energy Corporation

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.

Insider Buying and Selling by Quarter for Valero Energy Corporation (NYSE:VLO)

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