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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.4%. By the end of trading, Valero Energy Corporation rose $1.62 (3.6%) to $45.97 on average volume. Throughout the day, 8,496,217 shares of Valero Energy Corporation exchanged hands as compared to its average daily volume of 7,676,600 shares. The stock ranged in a price between $44.28-$46.37 after having opened the day at $44.28 as compared to the previous trading day's close of $44.35. Other companies within the Energy industry that increased today were: Genie Energy Ltd Class B ( GNE), up 19.9%, CVR Energy ( CVI), up 8.8%, MagneGas Corporation ( MNGA), up 8.3% and Samson Oil & Gas ( SSN), up 7.4%.

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 $24.1 billion and is part of the basic materials sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are up 30.0% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Valero Energy Corporation a buy, 1 analyst rates it a sell, and 4 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, solid stock price performance, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Sonde Resources ( SOQ), down 9.4%, Recon Technology ( RCON), down 7.1%, Harvest Natural Resources ( HNR), down 6.1% and Rex Energy Corporation ( REXX), down 5.4% , were all laggards within the energy industry with EOG Resources ( EOG) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Trump's War of Words With North Korea's Kim Jong Un to Crater Stocks?

Why Defense Stocks Might Soon Crater Your Portfolio: Market Recon

Rebuilding Efforts From Hurricanes Harvey and Irma Make These 6 Stocks Must Buys

Macquarie: Refineries Returning to Normal Post-Irma, Harvey

Oil Refiners Are Rebounding: Cramer's 'Off the Charts'