Valero's Stock Price Affected by Surging Gasoline Prices in April

Monday, 18 March 2024, 07:04

Gasoline prices are set to jump in April, impacting Valero's stock performance. Despite the recent 50% total return due to increased crack spreads, a rating downgrade from buy to hold has been issued for VLO.
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Valero's Stock Price Affected by Surging Gasoline Prices in April

Valero: Gasoline Prices Surge in April

Gasoline prices are expected to surge in April, impacting Valero's stock performance. The increase in crack spreads has led to a 50% total return for the company.

Rating Downgrade: Buy to Hold

The recent stock performance has led to a rating downgrade from buy to hold for VLO. Analysts weigh in on the decision.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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