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SAN ANTONIO - Valero Energy Corporation (NYSE:VLO) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $1.13 per share on common stock.
The dividend will be payable on September 2, 2025, to shareholders of record at the close of business on July 31, 2025, according to a press release statement from the company.
Valero Energy is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, with a market capitalization of $45.3 billion. The company primarily sells its products in the United States, Canada, the United Kingdom, Ireland, and Latin America. According to InvestingPro analysis, the stock currently appears slightly undervalued based on its Fair Value model, with a GOOD overall financial health score.
The company owns 15 petroleum refineries across the U.S., Canada, and the U.K., with a combined throughput capacity of approximately 3.2 million barrels per day. Valero also operates 12 ethanol plants in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year.
Additionally, Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel, with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region.
The company manages its operations through three segments: Refining, Renewable Diesel, and Ethanol.
In other recent news, Valero Energy reported several key developments. Goldman Sachs upgraded Valero Energy’s stock rating from Neutral to Buy and raised its price target to $154, citing improved oil product demand and tighter crude differentials. Wolfe Research, however, downgraded Valero Energy from Outperform to Peerperform due to valuation concerns, noting limited upside potential without a significant increase in mid-cycle margins. Wells Fargo increased its price target for Valero Energy to $168, maintaining an Overweight rating, and adjusted its earnings estimates slightly due to higher tax rates and increased refining volumes. UBS also raised its price target to $164, reflecting positive refining performance and share buybacks, while noting accelerated depreciation costs associated with the Benicia Refinery closure. Evercore ISI initiated coverage with an In Line rating and a $135 price target, highlighting Valero’s strong market position and operational excellence, despite concerns about long-term fuel demand. These recent analyst assessments reflect a mix of optimism and caution regarding Valero Energy’s financial outlook and market positioning.
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