Valero Energy (VLO) Flat As Market Sinks: What You Should Know

Valero Energy (VLO) Flat As Market Sinks: What You Should Know
This story originally appeared on Zacks

Valero Energy (VLO) closed the most recent trading day at $68.69, making no change from the previous trading session. This change was narrower than the S&P 500’s daily loss of 1.14%. Meanwhile, the Dow lost 1.23%, and the Nasdaq, a tech-heavy index, lost 0.36%.

Valero Energy (VLO) Flat As Market Sinks: What You Should Know – Zacks

Heading into today, shares of the oil refiner had lost 0.55% over the past month, outpacing the Oils-Energy sector’s loss of 4.84% and the S&P 500’s loss of 1.37% in that time.

Investors will be hoping for strength from Valero Energy as it approaches its next earnings release, which is expected to be January 27, 2022. In that report, analysts expect Valero Energy to post earnings of $1.31 per share. This would mark year-over-year growth of 223.58%. Meanwhile, our latest consensus estimate is calling for revenue of $28.78 billion, up…

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