Valero Energy (VLO) Declares $0.8 Quarterly Dividend; 3.5% Yield

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Credit Suisse Upgrades Valero Energy (VLO) to Outperform

October 31, 2018 4:07 PM EDT

Credit Suisse upgraded Valero Energy (NYSE: VLO) from Neutral to Outperform with a price target of $120.00 (from $135.00).

For an analyst ratings summary and ratings history on Valero Energy click here. For more ratings news on Valero Energy click here.

Shares of Valero Energy closed at $90.10 yesterday.

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Big Oil outspends billionaires in Washington state carbon tax fight

October 31, 2018 7:04 AM EDT

By Nichola Groom

(Reuters) - The U.S. oil industry has spent a record $30 million to fight a ballot measure in Washington state that would create the nations first carbon tax, double what an alliance of green groups and billionaire activists has spent to support it, according to state data reviewed by Reuters.

The big-ticket battle reflects the stakes of climate regulation. The oil industry is worried that new curbs on carbon emissions will hobble business, while environmental advocates are concerned that a failure to act soon to halt global warming will spell devastating consequences for the planet.

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Reports of a fire at Valero Energy's (VLO) Memphis, Tennessee refinery

October 30, 2018 10:57 AM EDT

Social media reports of a fire at Valero Energy's (NYSE: VLO) Memphis, Tennessee refinery.

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Fluor Corp. (FLR) Announces EPC Contract from Valero Energy Corp. (VLO) Cogeneration Project in Wales

October 30, 2018 6:21 AM EDT

Fluor Corporation (NYSE: FLR) announced today that it was awarded the engineering, procurement and... More