Valero Energy Corporation (VLO) stock has reached a new all-time high of $198.42, surpassing its 52-week high and representing a significant 49.05% increase over the past year. This growth is attributed to strong performance in the energy sector, positive market conditions, and strategic initiatives. Despite a modest gross profit margin, the company maintains profitability with diluted earnings of $7.57 per share.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Valero Energy stock hits all-time high at 198.42 USD
Valero Energy Corporation (VLO) stock has reached a new all-time high of $198.42, surpassing its 52-week high and representing a significant 49.05% increase over the past year. This growth is attributed to strong performance in the energy sector, positive market conditions, and strategic initiatives. Despite a modest gross profit margin, the company maintains profitability with diluted earnings of $7.57 per share.