On September 15, Valero rose 3.15% in regular trading, trading at $395.02/share, with turnover of $641 million, following a 3.17% decline in the prior session.

On the news front, the refining sector staged a strong rebound after a collective pullback, with notable sector-wide gains: PBF Energy up 6.32%, Delek US up 4.39%, HF Sinclair up 4.16%, Marathon Petroleum up 3.53%, and Phillips 66 up 3.24%. Multiple investment banks have recently raised their price targets on Valero — UBS to $450 maintaining a Buy rating, Piper Sandler to $435 maintaining Overweight, Morgan Stanley to $411, and Jefferies to $401 — reflecting a steadily rising institutional consensus.

Additionally, Valero reported Q2 adjusted EPS of $12.54, significantly beating the $10.12 estimate, with revenue of $44.48 billion surpassing the $39.06 billion consensus. The company also authorized an additional $5 billion share buyback program. Valero has gained approximately 143% year-to-date, potentially marking its strongest annual performance since 1982.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)