VALERO ENERGY CORP (NYSE:VLO), Down By 12.81% ($3.76) From $29.350 After BUYINS.NET Report Predicted Weakness After Earnings
May 18, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, April 25th 2011 stating that VALERO ENERGY CORP (NYSE:VLO) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=vlo&id=162590
At the time this story was written, VALERO ENERGY CORP (NYSE:VLO) is Down By 12.81% ($3.76) From $29.350 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
VALERO ENERGY CORP (NYSE:VLO) - Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Retail, and Ethanol. The Refining segment engages in refining, wholesale marketing, product supply and distribution, and transportation operations. This segment produces conventional gasoline, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products, as well as a slate of premium products, including conventional blendstock for oxygenate blending, reformulated gasoline blendstock for oxygenate blending, gasoline meeting the specifications of the California Air Resources Board (CARB), CARB diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel, and oxygenates consisting of liquid hydrocarbon compounds containing oxygen. The Retail segment sells transportation fuels at retail stores and unattended self-service cardlocks; convenience store merchandise and services in retail stores; and home heating oil to residential customers. The Ethanol segment produces ethanol and distillers grains. Valero Energy Corporation markets its refined products through bulk and rack marketing network; and approximately 5,800 retail and wholesale branded outlets under various brand names comprising Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. As of December 31, 2010, it owned and operated 14 petroleum refineries with a combined throughput capacity of approximately 2.6 million barrels per day located in the United States, Canada, and Aruba; and 10 ethanol plants situated in Midwest with a combined production capacity of 1.1 billion gallons per year. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is based in San Antonio, Texas.
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BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. VALERO ENERGY CORP (NYSE:VLO) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
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