Valero Energy Corp
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Reviewing 3 Refining & Marketing Oil Companies
By Federico Zaldua - May 22, 2013 | Tickers: HFC, TSO, VLO
The refining and marketing sector has been outperforming the rest of the energy sector since 2012. Year To Date (YTD) stocks in this sub-sector are up strongly signaling that great moments await this companies in the US. The US shale energy revolution is making, once more, refining increasingly attractive. Let's take a look at three companies and decide which one should you include in your portfolio.
The great deal more »
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Year-to-Date Results Rekindle Ethanol Optimism
By Howard Rothman - May 21, 2013 | Tickers: ADM, GPRE, PEIX, VLO
It’s been a challenging stretch for the domestic ethanol industry. “One of the toughest,” according to the Wall Street Journal, “in its three-decade history.” Recent events, though, have led even some of the fuel’s harshest critics to concede there could be a bit of light at the end of the tunnel.
If indeed there is good news, the beleaguered industry and its supporters will gladly take it. Cascading more »
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3 Oil Companies Fueling Growth Prospects
By Shweta Dubey - May 20, 2013 | Tickers: PXD, SWN, VLO
The volatility of oil prices has brought a lot of uncertainty about the stable revenues for oil and gas companies. This has pushed companies to focus mainly on increasing production to maintain their revenue, even in lower-price scenarios. Let's take a closer look at three of companies – Pioneer Natural Resources (NYSE: PXD), Southwestern Energy (NYSE: SWN), and Valero Energy (NYSE: VLO) – which are increasing their production capacities, either by more »
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These 3 Stocks Will Continue to Surge During the Shale Revolution
By Justin Carley - May 18, 2013 | Tickers: HFC, KEX, VLO
Shale gas is a game changer. We are in the very early innings of this process and investors still have ample opportunity to position their portfolio to capitalize on the phenomenon. Stocks poised to benefit have already made strong moves, but substantial upside remains if one takes a patient, long-term approach. This is a secular story that will play out over the next decade. Thus certain stocks stand poised to more »
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Is This Valero Spinoff a Compelling Opportunity?
By Anh HOANG - May 16, 2013 | Tickers: CASY, CST, SUSS, VLO
In the middle of April, Fool contributor Jim Royal posted quite an interesting article about Valero’s (NYSE: VLO) spinoff, CST Brands (NYSE: CST). He mentioned that he would be buying $1,000 worth of the company’s shares for his special situation portfolio. Interestingly, CST Brands have just begun trading on the market for more than a week ago. It becomes the second biggest public fuel and convenience retailer more »
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These 4 Refiners Are Still Cheap
By Mark Yagalla - May 16, 2013 | Tickers: MPC, PSX, TSO, VLO
It was a rough April for the refiners. At the beginning of the month, the EPA outlined a proposal to reduce sulfur in gasoline starting in 2017. That news knocked prices down 10% to 15% across the entire sector. As the month progressed, the Brent/WTI spread has narrowed as WTI prices gained compared to Brent prices. According to Platts:
Refiners, on the other hand, have been enjoying better refining more »
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Are Investors' High Hopes Warranted?
By Mike Thiessen - May 14, 2013 | Tickers: CASY, CST, PSX, VLO
On May 1, downstream petroleum firm Valero (NYSE: VLO) completed its long-awaited spin-off of its Corner Stores (NYSE: CST) retail subsidiary. Formally known as CST Brands, the newly created company has attracted the attention of plenty of amateur and professional investors and earned favorable coverage from respected analysts. This deal is just the latest in a long line of spin-offs involving retail-focused subsidiaries of petroleum exploration, transportation and refining companies more »
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3 Resource Stocks With At Least 15% Upside
By Chris Lau - May 14, 2013 | Tickers: CLF, NEM, VLO
The basic materials sector is under-performing the overall market. As the S&P 500 rises 4.2% for the month and 15% in 2013, a number of companies in the resource sector are in the red. Unsurprisingly, analysts as a whole are bearish on some of the weak players. The target prices of companies in this sector were lowered, with the most notable changes listed in the table below:
Company more »
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Hedge Fund Signpost Capital Advisors’ Top Stock Picks
By Meena Krishnamsetty - May 14, 2013 | Tickers: BEAV, GIL, GOOG, PCLN, VLO
In 2012, Siddharth Thacker and Brandon Weber launched Signpost Capital Advisors, a hedge fund that currently has about $400 million under management and plans to close to new investors once it reaches $500 million (existing investors would be able to contribute additional capital, at least for now). Thacker and Weber had previously worked at Citadel Investment Group. The fund tends to carry fairly low net exposure.
Signpost and many other more »
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Oil’s Well at Occidental Petroleum
By Diane Alter - May 9, 2013 | Tickers: CST, OXY, VLO
Chalk another one up for activist shareholders.
Occidental Petroleum (NYSE: OXY) investors just overwhelmingly (76%) voted to remove executive chairman Ray Irani from his position at the Los Angeles-based integrated oil and petroleum company.
The ouster comes two years after Irani, one of the highest-paid corporate executives in the United States, was forced to step down as the company's CEO. Irani served as chairman and CEO from 1990 to more »
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More Oil in the Bakken
By Mark Morelli - May 9, 2013 | Tickers: BRK-B, BRK-A, HAL, VLO
A recent study by the U.S. Geological Survey indicates that, buried in the Bakken shale and Three Forks regions of North Dakota and Montana, there are actually more oil and natural gas deposits than previously thought . Two or three times more, in fact.
If these projections pan out, it can only benefit businesses involved in the production, transportation, storage, processing, and use of said energy supplies. The overall economy more »
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Refiners Could Be Value in Plain Sight
By Ted Cooper - May 6, 2013 | Tickers: HFC, TSO, VLO
It is not often that a large-cap company selling for 10 times earnings is a safe value play, but Valero Energy (NYSE: VLO) may be an exception. Over the last couple of years, crude oil produced in Canada and the United States has sold at a large discount to oil sold in international markets. U.S. refiners benefit from the discount because they can buy cheap oil in the U more »
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3 Oil Stocks You Should Buy This Month
By Madhu Dube - April 29, 2013 | Tickers: CVX, COP, VLO
Crude oil production in the U.S. is rising year-over-year and reached 6 million barrels per day in 2012. It is expected to touch 8 million barrels a day by the end of 2014, and around 10 million barrels a day by 2020. This has raised the hopes of the oil and gas industry, although volatile commodity prices and environmental rules and regulations are big concerns.
With new development and more »
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The Best Refiner for Growth
By Matthew Frankel - April 24, 2013 | Tickers: BP, TSO, VLO
Tesoro (NYSE: TSO) is one of the largest independent refiners of petroleum products in the United States, and has done very well for its shareholders over the past year or so, rising over 140% since this time in 2012. For a while there, I thought that the stock was getting too expensive, but now I’m not so sure. What’s more, over the past few weeks, Tesoro has pulled more »
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Should You Buy or Sell the Phillips 66 Correction?
By Meena Krishnamsetty - April 22, 2013 | Tickers: HFC, MPC, PSX, TSO, VLO
Phillips 66 (NYSE: PSX) went public as a spinoff of ConocoPhillips a year ago, and it has risen 74% since becoming independently traded. The $36 billion market cap oil and gas refining and marketing company received considerable attention from Warren Buffett, whose holding company Berkshire Hathaway had over 27 million shares in its portfolio at the end of June and made no changes to that position at least through December more »
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2 Refiners Not Bothered by the EPA and 1 That Is
By Robert Zimmerman - April 22, 2013 | Tickers: CLMT, DKL, DK, VLO
Last month, the EPA released new requirements regarding the sulfur content of gasoline. Predictable peals of protest followed with claims that the new regulations would cost the refinery business upwards of $10 billion. Valero Energy (NYSE: VLO) immediately criticized the move, claiming it would have to spend $300 to $400 million to comply. Maybe that’s why Valero CEO William Klesse sold 50,000 shares in late March.
Two other more »
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Valero’s CST Brands Spin-Off Should Fuel Shares of Both Companies
By Diane Alter - April 15, 2013 | Tickers: PSX, TSO, VLO
Just days after Valero Energy Co. (NYSE: VLO) slumped following an announcement it will have to spend two to three times as much as it did last year to comply with federal ethanol blending requirements (due to the high price of credits it needs to buy under law), shares got gassed when the company reported a spin-off of its retail business.
The San Antonio, TX international manufacturer and marketer of more »
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Valero’s CST Brands Spin-Off Should Fuel Shares of Both Companies
By Diane Alter - April 15, 2013 | Tickers: PSX, TSO, VLO
Just days after Valero Energy Co. (NYSE: VLO) slumped following an announcement it will have to spend two to three times as much as it did last year to comply with federal ethanol blending requirements (due to the high price of credits it needs to buy under law), shares got gassed when the company reported a spin-off of its retail business.
The San Antonio, TX international manufacturer and marketer of more »
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Which Oil Refiner Is Ready to Grow?
By Joshua Bondy - April 12, 2013 | Tickers: MPC, PSX, VLO
North America's energy market continues to evolve. Bakken crude, Alberta's oil sands, wet shale, and infrastructure constraints are driving changes throughout the industry. Petroleum refiners provide a critical function by taking raw petroleum and converting it into usable products like gasoline. The smartest refiners are in a great place to profit. They use cheap North American crude and export refined products overseas for a substantial profit.
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What Do These Oil Companies Have in Common?
By Austin Higgins - April 11, 2013 | Tickers: HES, MRO, MPC, VLO
Oil and gas companies are focusing their efforts on providing the most valuable operations to their investors. While gas prices have risen steadily over the last 6 months, downstream operations are not the most profitable space to control. There is a new trend of oil and gas exploration companies selling or spinning off their downstream, retail operations in an effort to develop their core practice of finding and drilling for more »
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