On July 29, Valero rose 3.2% in regular trading, trading at $308.24/share, with turnover of $52.50 million. The refining sector advanced broadly, with PBF Energy up 4.84%, Marathon Petroleum up 2.65%, Phillips 66 up 2.28%, and HF Sinclair up 2.18%.

On the news front, crude oil transit volumes through the Strait of Hormuz remain below normal levels, resulting in global refinery throughput declining approximately 10% year-over-year. Diesel crack spreads across three key hubs — the US Gulf, Northwest Europe, and Singapore — have surged past $50 per barrel, marking a historic high. This environment directly benefits Valero and other operators of complex refining systems capable of maximizing margins from tight supply conditions.

Additionally, market attention is focused on the company's second-quarter earnings report scheduled for July 30 pre-market, with consensus estimates calling for adjusted EPS of $9.87. The stock has more than doubled from its 52-week low of $130.78, and Goldman Sachs recently raised its price target to $357.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)