With that in mind, let's take a closer look at Valero and see what CAPS investors are saying about the stock right now.
San Antonio, Texas (1955)
Oil and gas refining and marketing
Chairman/CEO William Klesse
President/COO Joseph Gorder
Return on Capital (average, past 3 years)
$1.7 billion / $7.1 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 4,521 members who have rated Valero believe the stock will outperform the S&P 500 going forward.
[W]ell positioned to benefit from the increasing oil production from shale plays and the Canadian oil sands. Most of this oil is traveling through the Mid-Continent and heading toward the Gulf Coast. We see Valero, as the largest Gulf Coast refiner, benefiting from the increasing supplies, which should lead to lower input costs, creating a cost advantage. We also expect Valero to gain from higher global distillate demand.
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The article Why Valero Is Ready to Rebound originally appeared on Fool.com.
Motley Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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