Valero Energy Newswire (Page 6)

Valero Energy Newswire (Page 6)

Comprehensive Real-Time News Feed for Valero Energy. (Page 6)

Results 101 - 120 of 2,668 in Valero Energy

  1. Marathon to become top US refiner with US$23 billion Andeavor buyRead the original story w/Photo

    Apr 30, 2018 | Channelnewsasia.com

    ... said Marathon Chief Executive Gary Heminger, who will lead the combined companies. The company would leapfrog Valero Energy Corp to become the largest U.S. refiner, with the capacity to process 3.1 million bpd of crude oil into gasoline, diesel and ...

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  2. Valero Energy (VLO) Receives Average Rating of "Hold" from BrokeragesRead the original story w/Photo

    Apr 30, 2018 | AmericanBankingNews.com

    Shares of Valero Energy have received an average rating of "Hold" from the twenty-four analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and eight have given a buy recommendation to the company.

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  3. Marathon creates top U.S. refiner with $23 billion Andeavor dealRead the original story w/Photo

    Apr 30, 2018 | Reuters

    Marathon Petroleum Corp said on Monday it would buy rival Andeavor for more than $23 billion, forming a company that will leapfrog Valero Energy Corp as the largest independent U.S. refiner by capacity. The cash-and-stock deal marries operations that are broadly complementary in terms of geography as well as giving Marathon extra capacity in the U.S. light crude produced by a booming shale oil sector.

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  4. Marathon to Buy Andeavor in $23.3 Billion Oil-Refining DealRead the original story w/Photo

    Apr 30, 2018 | Transport Topics

    ... shale boom, with access to abundant supplies at a discount to global prices. The combination would overtake Valero Energy Corp. as the biggest in U.S.-based oil refining capacity, generating about 16% of the nation's total, according to Bloomberg ...

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  5. Marathon Petroleum to acquire rival AndeavorRead the original story w/Photo

    Apr 30, 2018 | Live Charts

    Marathon Petroleum will purchase rival Andeavor as part of a deal valued more than $23bn that would see the company jump right past Valero Energy to become the largest refiner in the US by capacity. The cash-and-stock deal has valued Andeavor shares at roughly $152 each, a premium of around 24% to its close price on Friday.

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  6. Looking for a bigger salary? These are the companies with the highest median payRead the original story w/Photo

    Apr 30, 2018 | Jewish World Review

    ... technology firms that had filed as of Monday, at $240,430, according to Proxy Insight. The median employee at Valero Energy made $192,837 in 2017. At the real estate investment trust Host Hotels & Resorts, one of the largest owners of luxury and ...

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  7. UPDATE 3-Marathon Petroleum to buy Andeavor for $23 blnRead the original story w/Photo

    Apr 30, 2018 | Reuters

    Marathon Petroleum Corp said on Monday it would buy rival Andeavor for more than $23 billion, forming a company that would leapfrog Valero Energy Corp as the largest independent U.S. refiner by capacity. Shale oil fields have pushed U.S. crude production to record highs and industry experts argue operations that have capacity to refine light crude like Andeavor will be better positioned to take advantage of the boom.

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  8. Deals of the day-Mergers and acquisitionsRead the original story w/Photo

    Apr 30, 2018 | Reuters

    ... Corp said it would buy rival Andeavor for more than $23 billion to form a company that would leapfrog Valero Energy Corp as the largest U.S. refiner by capacity. ** German chemicals maker BASF secured EU antitrust approval to acquire a package of ...

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  9. Marathon to Buy Andeavor for $23.3 Billion, Creating Largest U.S. RefinerRead the original story w/Photo

    Apr 30, 2018 | Bloomberg

    ... San Antonio, Texas-based Andeavor, formerly known as Tesoro Corp., is the fourth-largest, worth $18.7 billion. Valero Energy Corp. to become the biggest in terms of U.S.-based oil refining capacity. At almost 2.93 million barrels a day, that's about ...

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  10. EPA Waivers Are Refiners' Final Hope On The Biofuels MandateRead the original story w/Photo

    Apr 30, 2018 | Seeking Alpha

    ... such as CVR Refining ( CVRR ), Delek US Holdings ( DK ), HollyFrontier ( HFC ), PBF Energy ( PBF ), and Valero Energy ( VLO ) (see figure). A recent article in The Wall Street Journal provides additional details on what can only be described as a ...

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  11. Spc Financial Lowered Valero Energy New (VLO) Holding; South Street...Read the original story w/Photo

    Apr 30, 2018 | Hill Country Times

    Spc Financial Inc decreased Valero Energy Corp New stake by 29.32% reported in 2017Q4 SEC filing. Spc Financial Inc sold 9,205 shares as Valero Energy Corp New 's stock rose 1.25%.

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  12. Marathon Petroleum reportedly plans to buy San Antonio-basedRead the original story w/Photo

    Apr 29, 2018 | MySanAntonio.com

    ... 1.9 million barrels a day, according to its website. The combined companies would rival San Antonio-based Valero Energy Corp. for the top spot among U.S. refineries. Valero is currently the largest with a capacity of 3.1 million barrels a day ...

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  13. Valero Energy (VLO) Given New $135.00 Price Target at BarclaysRead the original story w/Photo

    Apr 29, 2018 | Daily Political

    ... been the subject of several other research reports. Morgan Stanley increased their target price on shares of Valero Energy from $100.00 to $110.00 and gave the stock an "equal weight" rating in a report on Monday, April 16th. ValuEngine upgraded ...

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  14. Valero Energy (VLO) Hits New 52-Week High and Low Following Better-Than-Expected EarningsRead the original story w/Photo

    Apr 28, 2018 | Daily Political

    Valero Energy shares hit a new 52-week high and low on Friday following a better than expected earnings announcement. The company traded as low as $112.30 and last traded at $109.92, with a volume of 1520614 shares traded.

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  15. Trump May Be More to Blame For Higher Oil Prices Than OPECRead the original story w/Photo

    Apr 20, 2018 | TheStreet.com

    ... legislation that allows him to control the export of crude oil. Trump could tell petroleum refiners including Valero Energy Corp. ( VLO ) and Phillips 66 Co. ( PSX ) that their gasoline sales abroad are forcing U.S. consumers to pay more at home. ...

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  16. Fire at Valero's Texas City refinery remains under investigationRead the original story

    Apr 20, 2018 | Business Journal

    ... cause of an explosion and fire that has temporarily halted production at Valero's refinery in Texas City. Valero Energy Corp. (NYSE: VLO) confirmed that a fire erupted inside the refinery's depropanizer tower late Thursday afternoon. The unit is ...

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  17. Valero Energy (VLO) Given a $70.00 Price Target by Scotiabank AnalystsRead the original story w/Photo

    Apr 20, 2018 | AmericanBankingNews.com

    ... on the company. Credit Suisse Group reaffirmed a "hold" rating and set a $67.00 price target on shares of Valero Energy in a research report on Friday, March 24th. Morgan Stanley downgraded Valero Energy from an "overweight" rating to an "equal ...

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  18. East Coast booms on export demand for diesel, heating oilRead the original story w/Photo

    Apr 20, 2018 | Reuters

    ... in New York. Exported ULSD is also making its way to Canada, with shipments from companies such as BP Plc and Valero Energy Corp helping meet demand as refineries do maintenance work, traders said. Strong Canadian demand could keep the USLD market ...

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  19. Valero Energy (VLO) Price Target Raised to $110.00 at Morgan StanleyRead the original story w/Photo

    Apr 20, 2018 | IntersportsWire

    ... on the oil and gas company's stock. VLO has been the subject of a number of other reports. Citigroup raised Valero Energy from a neutral rating to a buy rating and set a $114.00 price objective for the company in a research note on Wednesday, ...

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  20. Valero Energy (VLO) Expected to Announce Earnings of $0.95 Per ShareRead the original story w/Photo

    Apr 19, 2018 | IntersportsWire

    Equities analysts forecast that Valero Energy will announce earnings of $0.95 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Valero Energy's earnings, with estimates ranging from $0.86 to $1.21.

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