- Valero Energy (VLO, Financial) may permanently close or restructure its Benicia refinery by 2026, impacting California's crude oil supply.
- Analysts predict a potential upside of 27.20% for Valero's stock price over the next year.
- GuruFocus estimates a fair value upside of 9.28% based on historical and forecasted performance.
Valero Energy Corp (VLO) has announced plans to either permanently shut down or restructure its Benicia refinery by April 2026. This strategic move could affect approximately 9% of California's crude oil capacity. In light of this development, Governor Newsom has called upon state agencies to guarantee fuel reliability, especially given the industry's ongoing challenges and the state's bold climate policy initiatives.
Wall Street Analysts Forecast
According to 17 Wall Street analysts, the average one-year price target for Valero Energy Corp (VLO, Financial) is $145.65. Estimates range from a high of $165.00 to a low of $121.00. This average target suggests a potential 27.20% upside from the current share price of $114.50. For more comprehensive data, visit the Valero Energy Corp (VLO) Forecast page.
The consensus from 20 brokerage firms rates Valero Energy Corp (VLO, Financial) at 2.1 on an average brokerage recommendation scale, indicating an "Outperform" status. This rating scale ranges from 1, representing a Strong Buy, to 5, indicating a Sell.
Through GuruFocus estimates, Valero Energy Corp's (VLO, Financial) GF Value in one year is calculated at $125.13, implying an upside of 9.28% from its current price of $114.50. The GF Value represents GuruFocus' fair value estimate for the stock, determined by historical trading multiples, past business growth, and future business performance projections. For further details, refer to the Valero Energy Corp (VLO) Summary page.
