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$37.09 -0.83 (-2.19%)
7/3/2008 1:00 PM

Valero Energy Corp (VLO)

CAPS Rating:
****

The company owns and operates 18 refineries located in the United States, Canada, and Aruba that produce premium, environmentally clean refined products such as RBOB. It also produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals.

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Avatar frostblade666 (< 20) Submitted: 5/07/08 9:46 PM : Outperform Start Price: $47.76 VLO Score: -12.69

The company is being hurt by higher oil prices and its crack spreads. By selling some of its assets it will cut its costs. Gas demand will still be strong over the next year before faltering.

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