Valero Energy
Coverage of Valero Energy in the Nexus archive.
- Does Tennessee business growth matter if no one enjoys living here?
Tennessee ranks 50th in quality of life, with poor metrics in air quality, crime rates, and worker protections. Republican candidates focus on controversial campaign tactics, including anti-LGBTQ+ ads with drag queens, while the state faces declining living conditions.
- Valero Energy: Q2 Earnings Snapshot
Valero Energy Corp. reported second-quarter earnings of $3.72 billion with adjusted earnings of $12.54 per share, exceeding Wall Street expectations of $9.87 per share. The company's revenue reached $44.48 billion, surpassing forecasts of $35.95 billion.
- Pump pain, Wall Street gain: Iran war sends U.S. oil profits, stocks soaring as the big winners
The Iran war has boosted U.S. oil producers and refiners, with stock prices rising 20%-70% this year due to higher crude prices and demand. Analysts suggest elevated prices may persist through 2027-2028, driven by global reserve rebuilding and geopolitical shifts. Companies like Chevron, Exxon Mobil, and U.S. shale producers have seen significant gains.