Valero Energy Corporation (VLO) Stock

Valero Energy Corporation (VLO) is a Energy stock trading at $310.00 (as of 2026-07-17), with a market capitalization of $92.05B and a trailing P/E of 21.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Valero Energy Corporation produces and sells transportation fuels and petrochemical products, including gasoline, diesel, jet fuel, and related refined products, with distribution in the United States and internationally. It operates through refining and renewable-focused segments, including renewable diesel and ethanol, serving wholesale customers and branded retail outlets.

Understand Valero Energy Corporation: how it makes money

Valero Energy manufactures, markets, and sells transportation fuels and petrochemical products, and operates through three businesses: Refining, Renewable Diesel, and Ethanol.

Valero’s profit engine is turning operating throughput and capacity utilization into sold transportation fuels and related refined products, with additional results driven by volume in Renewable Diesel and Ethanol.

Business quality (Weak): Valero is a multi-business fuel and refining operator, and its operating performance is closely tied to refinery utilization and sales volumes. The ethanol business shows an operating loss signal that investors watch alongside broader demand indicators like gasoline and diesel sales versus 2019.

Valuation: At 19× earnings, VLO trades 10% above the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • High utilization supports stable production: Refining Throughput Capacity Utilization is 98.0 percent in the latest quarter, which indicates the refining system is running close to capacity.
  • Trackable sales and volume metrics: Valero reports operating volume indicators including Average Refining Throughput (3.1 million) and Renewable Diesel and Ethanol volume measures, which helps investors monitor drivers of sold output.

Bear case

  • Ethanol segment operating loss: The Ethanol Segment Operating Loss (Absolute Value) is 0.04 USD_B in the latest quarter, which highlights potential margin pressure in that business.
  • Demand and inventory signals can swing results: U.S. Diesel Inventories vs. Five-Year Average is 27,000,000, and gasoline and diesel sales vs. 2019 level are 95 percent and 10 percent, respectively, both of which can reflect market conditions that may pressure margins.
Valuation — source: SEC EDGAR (first-party)
Price$310.00
Market Cap$92.05B
P/E Ratio21.9
EV / EBITDA14.8
Price / Book3.42
Price / Sales0.74
FCF Yield5.3%
DCF Value (model)$83.28
DCF Upside vs Price-73.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$122.69B
Net Margin1.9%
Revenue Growth (YoY)7.0%
EPS Growth (YoY)-322.1%
Financial Health — source: SEC EDGAR
Altman Z-Score5.42 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E21.9
Sector P/E (Energy)19.4
Industry P/E (Petroleum & Natural Gas)19.2
vs Sector13.0%
vs Industry13.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($6.43B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOR. Lane Riggs
Employees9,898
CountryUS
IPO Date1982-01-04

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VLO earnings history · VLO institutional & insider holders · VLO KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.