Fly News Breaks for January 14, 2020
Jan 14, 2020 | 08:03 EDT
Barclays analyst Theresa Chen initiated coverage of Valero with an Overweight rating and $116 price target. The analyst thinks the macro backdrop of narrowing inland differentials favors companies with complex, coastal assets. Within the group, Valero offers offensive and defensive qualities, Chen tells investors in a research note.
News For VLO From the Last 2 Days
Oct 21, 2021 | 06:46 EDT
Of which approximately 60% is for sustaining the business and approximately 40% is for growth projects. Over 60% of Valero's 2021 growth capital is allocated to expanding the renewable diesel business.