Valero Energy Corporation (VLO) has been under a strong bear grip, hence the stock is down -7.47% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.09% in the past 1 week. The stock has risen by 4.63% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.42% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.61% and the 50-Day Moving Average is 5.75%.
Valero Energy Corporation (NYSE:VLO): The stock opened at $50.63 on Friday but the bulls could not build on the opening and the stock topped out at $50.85 for the day. The stock traded down to $49.82 during the day, due to lack of any buying support eventually closed down at $49.94 with a loss of -0.91% for the day. The stock had closed at $50.40 on the previous day. The total traded volume was 5,729,860 shares.
The company Insiders own 0.4% of Valero Energy Corporation shares according to the proxy statements. Institutional Investors own 82.49% of Valero Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -1.35%. In a related news,The officer (EVP) of Valero Energy Corp/Tx, Crownover R. Michael sold 17,104 shares at $72.98 on November 24, 2015. The Insider selling transaction had a total value worth of $1,248,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. The Companys refineries can produce conventional gasolines, premium gasolines, gasoline, diesel fuel, low-sulfur diesel fuel, ultra-low-sulfur diesel fuel, CARB diesel fuel, other distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. The Company markets branded and unbranded refined products through approximately 7,400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations, wholesale marketing, product supply and distribution, and transportation operations in the United States, Canada, the United Kingdom, Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.