Improving Refining Market Gives a Boost to Valero Energy's Bottom Line
There has been considerable concern about companies with lots of assets in the Houston area following the flooding wrought by Hurricane Harvey. But based on Valero Energy's (NYSE: VLO) most recent results, it doesn't look like it was that big of a deal. The company posted 50% net income gain compared to last year thanks to a more favorable refining market.
Here's a rundown of Valero's most recent results.
Image source: Getty Images.
Source: Fool.com
Valero Energy Corp. Stock
€137.22
2.720%
With 46 Buy predictions and 2 Sell predictions Valero Energy Corp. is one of the favorites of our community.
As a result the target price of 155 € shows a slightly positive potential of 12.96% compared to the current price of 137.22 € for Valero Energy Corp..
