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LATEST STORIES
Crude Drops For Second Day As Dollar Strengthens
| MarketWatch Pulse| Markets
week up 0.5%, having put together a winning streak from Monday through Wednesday. Gasoline futures rose after Valero Energy Corp . said the largest U.S. refiner is shutting down its refinery in Delaware City, Del. Copyright © 2009 MarketWatch
Story|11/20/2009
Valero Energy Cutting 550 Jobs In Refinery Closure
| MarketWatch Pulse| Markets
Gelsi MarketWatch Pulse NEW YORK -- Valero Energy on Friday said it's shutting down ..... was a very difficult one," said Valero Chairman and CEO Bill Klesse ..... options." In the fourth quarter, Valero expects to report a pre-tax charge
Story|11/20/2009
Tropical Storm Ida Taking Toll on Gulf Production
| FOXBusiness| Markets
per day, according to the MMS Meanwhile, shares of Anadarko Petroleum Corp (APC), Exxon Mobil (XOM), and Valero Energy Corp (VLO), all of which have operations in the Gulf of Mexico, rose Monday with the broader stock market.
Story|11/09/2009
Energy Stocks Bounce Back As BP Jumps
| MarketWatch Pulse| Markets
to 1,102. The NYSE Arca Natural Gas Index rose 1.4% to 518. The Philadelphia Oil Service Index rose 0.9% to 202. Oil giant BP rose 4.5% to $57.95. Valero rose 4 cents to $20.31. Copyright © 2009 MarketWatch, Inc.
Story|10/27/2009
Valero Swings To $489 Million Loss
| MarketWatch Pulse| Markets
MarketWatch Pulse NEW YORK -- Valero Energy Corp . said Tuesday it lost $489 million ..... inventories," said Bill Klesse, Valero 's Chairman of the Board and Chief Executive Officer. Valero said it's looking forward to
Story|10/27/2009
Valero Posts 46% Drop in Revenue
| FOXBusiness| Markets
oil prices and a 46% dive in revenue, Valero (VLO) disclosed a deeper-than-expected ..... year ago. Excluding one-time items, Valero lost 39 cents per share, which is worse ..... that shareholders had been bracing for. Valero ’s revenue fell 46% to $19.5 billion, which
Story|10/27/2009
Hurt by Data, Stocks End in Stalemate
| FOXBusiness| Markets
nevertheless, including TD Ameritrade (AMTD), Wynn Resorts (WYNN), U.S. Steel (X) and AK Steel (AKS). Corporate Movers Valero (VLO) disclosed a deeper-than-expected non-GAAP quarterly profit of 39 cents per share amid lower oil prices. However
Story|10/27/2009
| MarketWatch| Markets
projected to post a third-quarter loss of $2.87 a share, according to analysts surveyed by Thomson Reuters. Valero Energy Corp . (VLO) is likely to report a third-quarter loss of 33 cents a share, according to analysts surveyed by Thomson
Story|10/26/2009
Market Winners & Losers: Sunoco, Southwest Airlines
| FOXBusiness| Markets
shares gained 8.6%, or $1.25, on Thursday, closing the session at $15.83. Valero Energy Corp . (VLO) Another refiner following the rally, Valero moved up 7.1% Thursday. VLO shares ended the session at $20.15, up $1.34 on
Story|10/15/2009
Refiners Lead Petroleum Shares On Inventory Jolt
| MarketWatch Pulse| Markets
Steve Gelsi MarketWatch Pulse NEW YORK -- Sunoco rose 8% to $32.24 and Valero jumped 5% to $19.78 as Wall Street cheered bullish weekly inventory data for the two refiners. The two companies led gains
Story|10/15/2009