Shares of Valero Energy Corp (VLO) are trading -7% lower at a price of $101.62 at the time of this writing.

Valero Energy Corp has been trading between a 52-week high of $146.81 and a 52-week low of $56.99. The stock has a market cap of $41.5 Billion.

Valero Energy Corporation, through its subsidiaries (collectively, "Valero"), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a combined production capacity of approximately 1.68 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana.

Refiners Rake In Cash After Gas Prices Surge
The Wall Street Journal 07-21-22

Heathrow airport strike suspended after fresh offer say Unite
Euro Weekly Newspaper 07-20-22

Valero Energy: Go Long Before Earnings
Seeking Alpha 07-20-22

New filing by VALERO ENERGY CORPORATION POLITICAL ACTION COMMITTEE
The FEC 07-19-22

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,600 Today
Benzinga 07-19-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Hopai79 - 1 upvotes - source
Monitor option chain, see their premium ranges, and Oi. Then place orders based on levels. If they aren’t filled, find another energy name like VET VLO XOM SU etc