Steve Weiss exited his entire position in Valero Energy after a 35% gain in about a month, citing long-term skepticism about energy stocks despite Valero's strong decade-long performance. Over the past 10 years, Valero returned 877%, far outperforming the S&P 500 and the broader energy sector. The company reported strong Q2 2026 earnings with significant revenue and profit growth, supported by favorable refining fundamentals. However, risks remain from potential diesel export bans and market positioning, making upcoming Q3 results and policy signals critical for investors to watch.
Valero Energy (VLO) trades at USD 375.98 on Pluang as of Sep 24, 2026 05:41 WIB, slightly down 0.31% in the last day. Despite Steve Weiss's exit from the stock, Pluang investors show strong interest with 99% of order activity on the buy side. The stock remains well below its 52-week high of USD 413.28, reflecting ongoing market caution amid potential policy risks.
U.S. refiners like Valero and Walmart currently show strong fundamentals but are overvalued, making them risky for long-term investors. Refiners benefit from high margins due to geopolitical issues, but these earnings may not last, risking sharp decl...
Valero Energy's stock has surged 147.7% year-to-date, outperforming its energy sector peers with a recent 52-week high of $407.27. Jefferies set a price target of $401, indicating a modest upside from the current price of $393.27. The company's stron...
The Energy Select Sector SPDR Fund (XLE) is heavily concentrated in large-cap U.S. oil and gas companies like ExxonMobil and Chevron, making up 91% of its holdings. It excludes utilities and renewable energy firms, so investors buying "energy" throug...
