Valero Energy Corporation (VLO): Today's Featured Basic Materials Laggard
(
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole was unchanged today. By the end of trading, Valero Energy Corporation fell $0.48 (-1.3%) to $35.38 on light volume. Throughout the day, 5,496,139 shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8,449,200 shares. The stock ranged in price between $35.24-$36.05 after having opened the day at $35.94 as compared to the previous trading day's close of $35.86. Other companies within the Basic Materials sector that declined today were:
(
), down 41.6%,
BMB Munai
(
BMBM
), down 20.6%,
(
), down 13.3% and
(
), down 9.5%.
Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. Valero Energy Corporation has a market cap of $18.8 billion and is part of the energy industry. Shares are up 1.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Valero Energy Corporation
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Valero Energy Corporation Ratings Report.
On the positive front,
(
), up 35.9%,
Flexible Solutions International
(
), up 14.4%,
(
), up 11.4% and
(
), up 11.2% , were all gainers within the basic materials sector with
(
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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