With tensions rising in Iran, Valero sits in a uniquely advantaged position.
Valero has been one of the strongest performing refiners over the past few years. Refiners tend to outperform when oil prices rise due to geopolitical risk, supply disruptions and global fuel demand stays firm.
Valero has benefited from all these factors.
Valero is one of the lowest cost refiners in the US. It exports heavily to regions affected by supply tightness. Valero has the scale, efficiency and flexibility that smaller refiners lack.
Valero pays steady dividends at 2.6% currently. That's my favourite kind of stock.
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- quizzioΒ·02-06 17:14TOP[θ΄’θΏ·] Cracking choice! Valero's divvy is a ripper in this chaos.1Report
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