Valero Energy Corporation (VLO): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Valero Energy Corporation ( VLO) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.3%. By the end of trading, Valero Energy Corporation rose 46 cents (1.5%) to $31.80 on average volume. Throughout the day, 7.4 million shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 8.4 million shares. The stock ranged in a price between $30.96-$31.81 after having opened the day at $31.26 as compared to the previous trading day's close of $31.34. Other companies within the Energy industry that increased today were: Sonde Resources ( SOQ), up 17.2%, BMB Munai ( BMBM), up 15.7%, Ivanhoe Energy ( IVAN), up 13.9%, and New Concept Energy ( GBR), up 11.4%.
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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 $17.83 billion and is part of the basic materials sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 48.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Valero Energy Corporation a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Valero Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Torch Energy Royalty ( TRU), down 10.2%, Abraxas Petroleum Corporation ( AXAS), down 10.1%, Global Geophysical Services ( GGS), down 6.3%, and Memorial Production Partners ( MEMP), down 5.9%, were all laggards within the energy industry with Apache Corporation ( APA) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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