vlo posts
FeedPosted Oct 14th 2009 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations
Analyst upgrades:
- JPMorgan upgraded Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG) to Overweight from Neutral following its gold valuation analysis. The firm set a $54 price target on Barrick shares and a $47 price target on Goldcorp shares.
- Thomas Weisel upgraded EMC Corp. (NYSE: EMC) to Overweight from Market Weight and raised its target to $24 from $15, citing the company's improving end market demand, competitive position, and valuation.
- Barclays upgraded AMR Corp. (NYSE: AMR) to Overweight from Equal Weight, citing the company's improved liquidity position and what they believe to be the beginning of a multi-year profit cycle for the sector. Despite the upgrade, the firm lowered its target to $14 from $20.
- Harley-Davidson (NYSE: HOG) was upgraded to Outperform from Market Perform at Wells Fargo.
- Toshiba (OTC: TOSBF) was upgraded to Overweight from Neutral at JPMorgan.
- Sanofi-Aventis (NYSE: SNY) was upgraded to Neutral from Sell at UBS.
Continue reading Analyst upgrades, downgrades and initiations: AMR, DT, HOG, JBLU, LULU, VLO ...
Posted Aug 1st 2009 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Coach Inc (COH), Corning Inc (GLW), Alcatel-LucentADS (ALU), Valero Energy (VLO), Level 3 Communications (LVLT), Goodyear Tire and Rubber (GT), Taser Intl Inc (TASR), Visa Inc. (V), Waste Management Inc. (WMI)
Continue reading Earnings highlights: Coach, Corning, Goodyear, Visa, Waste Management ...
Posted Jul 30th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Market matters, Chevron Corp (CVX), ConocoPhillips (COP), BP p.l.c. ADS (BP), Valero Energy (VLO), Oil, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the stocks seem to move in lock step despite varying degrees of success. Oils are not equal, even though they trade together. This morning
Shell (NYSE:
RDS.A) (
Cramer's Take) reported profits down 67%, which is 15 points more than
BP (NYSE:
BP) (
Cramer's Take), and this matters.
Conoco (NYSE:
COP) (
Cramer's Take) was just disastrous, down 76%, with the worse combination of bad refining and horrid natural gas numbers. Yet they are all pretty much treated equally. Meanwhile,
Chevron (NYSE:
CVX) (
Cramer's Take) gave you a 4.6% increase in the dividend, something they hinted they could do because of the great growth of output that is hitting now. Reserves are growing.
I am hoping that these become de-ETF'd, meaning that they can trade on their own so stock-picking matters again. That's what's happening, for example, with the banks, where a different kind of reserves is distinguishing the players.
Continue reading Cramer on BloggingStocks: ETF-ization of oil stocks makes everything equal
Posted Jun 6th 2009 12:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Google (GOOG), Krispy Kreme Doughnuts (KKD), Aetna Inc (AET), Ciena Corp (CIEN), Valero Energy (VLO), KKR Financial (KFN), Lions Gate Entertainment (LGF)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Google, KKR, Krispy Kreme, Williams-Sonoma, Guess? and more
Posted Jun 3rd 2009 1:00PM by Brent Archer (RSS feed)
Filed under: Major movement, Forecasts, Bad news, Valero Energy (VLO), Options, Technical Analysis, Oil
Valero Energy (NYSE:
VLO -
option chain) stock is down big today after
the company warned it expects to report a second-quarter loss of 50 cents per share. Analysts had forecast a profit of 74 cents per share. The company also said it plans to sell about 40 million shares of common stock to fund general corporate purposes and recent acquisitions. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on VLO.
This morning, VLO opened at $19.64. So far today the stock has hit a low of $18.50 and a high of $19.79. As of 11:25, VLO is trading at $18.75, down $3.63 (-16.2%). The chart for VLO looked bullish before today while
S&P gives VLO a positive 4 STARS (out of 5) buy ranking.
Continue reading Valero (VLO) issues woeful Q2 forecast
Posted May 11th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Morgan Stanley (MS), Dow Chemical (DOW), Analyst initiations, Valero Energy (VLO)
Analyst upgrades:
- FBR Capital upgraded KBW, Inc (NYSE: KBW) to Market Perform from Underperform as it sees increased capital-raising opportunities for small and mid-sized banks and believes the company's quarter is off to a strong start. The firm raised its target price to $23 from $18.
- Pali Capital upgraded Morgan Stanley (NYSE: MS) to Buy from Neutral on expectations the company's strategic shift towards advisory, distribution and retail will be monetized sooner than expected and its capital markets business is gaining traction. The firm set a $33 target on the stock.
- Baird upgraded Stericycle (NASDAQ: SRCL) to Outperform from Neutral and raised its target to $58 from $55 based on valuation predictable earnings, and its market leading platform.
- Apollo Investment (NYSE: AINV) was raised to Outperform from Market Perform at Keefe Bruyette.
- HSBC Holdings (NYSE: HBC) was lifted at Goldman to Buy from Neutral.
- Dow Chemical (NYSE: DOW) was upgraded to Outperform from Neutral at Credit Suisse.
Continue reading Analyst upgrades, downgrades and initiations: MS, BBC, DOW, COST, VLO, WSM ...
Posted Apr 23rd 2009 10:00AM by Paul Foster (RSS feed)
Filed under: Schlumberger Limited (SLB), Valero Energy (VLO), Options
Valero Energy (NYSE: VLO) closed at $20.50. VLO is scheduled to report Q1 EPS on April 28. Crude oil futures are recently up 1.51% to $49.59. VLO May option implied volatility of 63 is below its 26-week average of 73 according to Track Data, suggesting decreasing price movement.
Schlumberger (NYSE: SLB) closed at $46.23. SLB is scheduled to report Q1 EPS on April 24. May option implied volatility of 61 is below its 26-week average of 65, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Apr 20th 2009 3:40PM by Joseph Lazzaro (RSS feed)
Filed under: Valero Energy (VLO), Stocks to Buy

Readers of this space know that one of the preferred sectors has been the refining sector, with exclusions made for a few companies. Would that the United States (and much of the world, for that matter), transition to a next-generation propulsion system (natural gas, electric, fuel cell) quickly, but unfortunately that goal still looks a decade away, perhaps more. And that means refiners like
Valero Energy (NYSE:
VLO) will remain a force.
The market punished Valero in 2008 after refining margins narrowed substantially, but folks, we're talking gasoline in the United States here: gasoline refining margins can't (and didn't) contract for very long, and significant, additional margin improvement in seen in 2009.
Continue reading Valero Energy knows Americans are inseparable from their cars
Posted Feb 1st 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Yahoo! (YHOO), Pfizer (PFE), Home Depot (HD), McDonald's (MCD), American Express (AXP), Best Buy (BBY), Bristol-Myers Squibb (BMY), Colgate-Palmolive (CL), Texas Instruments (TXN), Valero Energy (VLO), Eaton Corp (ETN), Delta Air Lines (DAL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Yahoo!, McDonald's, American Express, Pfizer, Delta and others
Posted Jan 27th 2009 4:15PM by Jon Ogg (RSS feed)
Filed under: Earnings reports, Deals, Netflix, Inc. (NFLX), American Express (AXP), Texas Instruments (TXN), Valero Energy (VLO)

Today Wall Street managed yet another day of gains. It seems that the confirmation of Tim Geithner as Treasury Secretary offset all of the negative data. Financials also had a decent day that seemed to trump all of the dismal earnings announcements from other giant companies.
Here are today's unofficial closing bell levels:
DJIA: 8,174.73 +58.70 +0.72%
NASDAQ: 1,504.90 +15.44 +1.04%
S&P 500: 845.70 +9.13 +1.09%
Top Analyst UpgradesTop Analyst DowngradesTexas Instruments Inc. (NYSE:
TXN) rose after the chip maker gave earnings that were only "about as disappointing" as expected. The company is trimming costs and cutting about 3,400 jobs. Shares were up over 4% at $15.39 before the close.
Continue reading Closing Bell: Stocks rise on Geithner's confirmation; TXN, NFLX, AXP, VLO, CVTX
Posted Jan 15th 2009 9:19AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Apple Inc (AAPL), Market matters, Bank of America (BAC), Federal Natl Mtge (FNM), ConocoPhillips (COP), Valero Energy (VLO), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the about-face at Apple and Bank of America is brutal for those who believed the company line. Talk about a "trust no one" era.
Bank of America (NYSE:
BAC) (
Cramer's Take) had been adamant that it had no use or need for the government's money. Its instant investment in China of much of our money made that point loud and clear. Why did we waste it on them? Why did we force them to take it?
Could we have been reassured more times that Steve Jobs was OK? That we were dead wrong to question it? That Joe Nocera, who wrote a prescient article about health and
Apple (NASDAQ:
AAPL) (
Cramer's Take) and Jobs had been singled out by Jobs for the audacity of even questioning the man who is so much of Apple that we are frightened to even contemplate the world without him?
But we were asked to trust, and in return the trust was not rewarded. Bank of America has been in trouble for a month now, even though the company exuded confidence. The stock's been a killer.
Continue reading Cramer on BloggingStocks: In this market, trust can kill you
Posted Jan 12th 2009 3:00PM by Sheldon Liber (RSS feed)
Filed under: Berkshire Hathaway (BRK.A), China, Reliance Steel and Aluminum (RS), Valero Energy (VLO), Huaneng Power Intl ADS (HNP), Chasing Value, Commodities, Oil, Anglo American (AAUKY), DJIA, Stocks to Buy, Newcastle Investment (NCT), Raytheon Company (RTN), Best Stocks for 2008, Bunge Ltd. (BG), Loews Corporation (L), NASDAQ,

I made it through mid-year of tracking my 2008 picks from last December and then --
Wham! -- I went from a slight advantage to being humbled badly by the market. However difficult it is to display your failings, once again I will share all of the horrors since I posted the original story
Chasing Value: Final list -- 8 stocks for 2008.
The master is
still the master, Warren Buffett and his life's work
Berkshire Hathaway (NYSE:
BRK.B) beat me easily as well as the three indices I tracked.
For the most part, unless you started shorting stocks, there was no place to hide and most of my picks were big losers. There were two that beat Buffett and the market. The defense sector was the defensive sector it was supposed to be with
Raytheon Company (NYSE:
RTN) doing well on a relative scale. The other place you could have a morsel of stability was utilities and
Huaneng Power International (ADR) (NYSE:
HNP) lost less but not by much.
Continue reading Chasing Value: 2008 picks -- the last nail
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