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Valero Energy Corporation (VLO) [hlAlert]

Rating:
Neutral VLO

Valero Energy Corporation (VLO) rated Neutral by Macquarie

Posted on: Monday,  Feb 4, 2013  8:25 AM ET by Macquarie

Valero Energy Corporation
(NYSE: VLO) rated Neutral by Macquarie.

Valero Energy Corporation, incorporated in 1981, owns and operates 16 refineries located in the United States, Canada, and Aruba that produce conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products, as well as a slate of premium products, including conventional blendstock for oxygenate blending (CBOB) and reformulated gasoline blendstock for oxygenate blending (RBOB). The Company markets refined products on a wholesale basis in the United States and Canada through bulk and rack marketing network. It also sells refined products through a network of about 5,800 retail and wholesale branded outlets in the United States, Canada, and Aruba. The Company operates through two segments: refining and retail.

Macquarie include comprehensive research analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. We have one of the largest research teams in the Asia-Pacific, as well as teams in Europe, North America and South Africa – all providing powerful local market insight.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2013 8:25 AM Hold
None
44.33
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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