Valero Energy: Best Oil Refinery
This is a US news story, published by Yahoo Finance (Canada), that relates primarily to VLO news.
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Business & Economics
Valero Energy Corporation ( NYSE:VLO) is one of the best oil refinery stocks to invest in according to analysts
73% Informative
Valero Energy Corporation ( NYSE : VLO ) is the world’s largest petroleum refiner and a leading producer of low-carbon transportation fuels.
The US had 132 oil refineries with a total capacity of 18.4 million barrels per day (bpd) at the start of 2024 , a 2% increase compared with 2023 .
The declining fuel margins in the Q4 2024 led to disappointing earnings results for many oil refiners, as a flood of new output competed with stagnating demand.
Valero Energy Corporation ( NYSE : VLO ) announced last month that it is progressing with an FCC Unit optimization project at its St. Charles Refinery that will enable it to increase the yield of high-value products including high-octane alkylate.
Overall, VLO ranks 10th on our list of best oil refinery stocks to invest in according to analysts.
VR Score
73
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75
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