NEW YORK ( TheStreet) -- Valero Energy Corporation (NYSE: VLO) hit a new 52-week low Monday as it is currently trading at $17.09, below its previous 52-week low of $17.17 with 5.1 million shares traded as of 1:40 p.m. ET. Average volume has been 11.5 million shares over the past 30 days. Valero Energy has a market cap of $10.6 billion and is part of the basic materials sector and energy industry. Shares are down 23.1% year to date as of the close of trading on Friday. Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Retail, and Ethanol. The company has a P/E ratio of eight, below the average energy industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.
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