Valero Energy Corporation (VLO) Climbs to Annual-High Share Price

Shares of Valero Energy Corporation (NYSE:VLO) traded at a new 12-month high today of $123.69. So far today approximately 445,000 shares have been exchanged, as compared to an average 30-day volume of 4.4 million shares.

Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 700 million gallons per year of renewable diesel.

Over the past year, Valero Energy Corporation has traded in a range of $58.85 to $123.69 and is now at $122.54, 108% above that low.

Based on a current price of $122.54, Valero Energy Corporation is currently 63.9% above its average consensus analyst price target of $44.30.

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