Valero Energy Stock Hits New 52-Week High (VLO)

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.

NEW YORK ( TheStreet) -- Valero Energy Corporation (NYSE: VLO) hit a new 52-week high Wednesday as it is currently trading at $37.86, above its previous 52-week high of $37.61 with 5.1 million shares traded as of 2:17 p.m. ET. Average volume has been eight million shares over the past 30 days.

Valero Energy has a market cap of $20.35 billion and is part of the basic materials sector and energy industry. Shares are up 7.7% year to date as of the close of trading on Tuesday.

Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Valero Energy 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. You can view the full Valero Energy Ratings Report.

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