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Actionable news in VLO: VALERO ENERGY CORPORATION,

Valero Says Refining Space M&A Prospects Remains Ugly

San Antonio-based oil refiner Valero Energy (VLO) posted adjusted earnings of $1.07 per share on $19.6 billion of operating revenues, beating consensus estimates of $1.02 in earnings per share on $16.8 billion in revenues.

With the report, shares of Valero were trading up more than 3% around midday, while shares of peers Phillips 66 (PSX) , Marathon Petroleum (MPC) , Tesoro (TSO) , and PBF Energy (PBF) also saw healthy boosts as expected.

Although Valero's quarter compares...


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