Shares of Valero Energy Corporation (VLO) Rise to a New 52-Week High

March 8, 2021 13:38:13

Valero Energy Corporation (NYSE:VLO) traded today at a new 52-week high of $82.49. This new high was reached on below average trading volume as 2.3 million shares traded hands, while the average 30-day volume is approximately 4.2 million shares.

Over the past year, Valero Energy Corporation has traded in a range of $31.00 to $82.49 and is now at $82.36, 166% 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.

Based on a current price of $82.36, Valero Energy Corporation is currently 4.2% above its average consensus analyst price target of $78.87.

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