VLO · Valero Energy Corporation

Valero Energy Corp VLO

Refines crude oil into gasoline, diesel, and other fuels, and produces renewable diesel and ethanol.

Industry
Energy
Listed on
New York Stock Exchange
IPO
1980-01-02
Website
valero.com

Daily brief

Valero gains as diesel crack spreads hit record levels amid oil surge

-0.91% to $385.43 from $388.95

What moved VLO

  • Diesel crack spreads have surpassed $100 per barrel, described as an all-time high for the key refining-margin indicator.
  • Brent crude settled up 5.9% at $107.63 a barrel, its highest close since May, while WTI crude closed at $102.48, up 6.7%, as Middle East tensions restrict Strait of Hormuz traffic.
  • Valero posted record adjusted quarterly earnings per share of $12.54 in its most recent results, up from $2.28 a year earlier, powered by wide refining margins.

Sources: The New York Times · Yahoo Finance · ad-hoc-news.de

Daily brief

Refiner stocks' historic run draws caution despite record margins

+1.62% to $347.19 from $341.67

What moved VLO

  • Marathon Petroleum, Valero and HF Sinclair have each gained more than 80% in 2026, versus an 11% gain for the S&P 500, as the WTI 3-2-1 crack spread neared $59 a barrel, nearly tripling since January.
  • The S&P 500’s oil refining and marketing sub-industry group has jumped 104% this year and traded 41% above its 150-day moving average, a level reached only five times previously in the index’s history, with average six-month forward returns of -10.1% in those prior instances.
  • Analysts noted that a durable ceasefire in the Middle East could push crack spreads, and refiner shares, sharply lower.

Sources: CNBC

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