Shares of Valero Energy Corporation (NYSE:VLO) traded today at $88.32, eclipsing its 12-month high. So far today approximately 949,000 shares have been exchanged, as compared to an average 30-day volume of 3.9 million shares.
Valero Energy Corporation is currently priced 1.6% above its average consensus analyst price target of $86.62.
Over the past year, Valero Energy Corporation has traded in a range of $58.85 to $88.32 and is now at $88.01, 50% above that low.
Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 275 million gallons per year of renewable diesel.
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