5 Best Oil Refinery Stocks To Buy

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1. Valero Energy Corporation (NYSE:VLO)

Number of Hedge Fund Investors in Q2 2023: 49

Valero Energy Corporation (NYSE:VLO) produces diesel, jet fuel, and other petroleum products. Revenue from its refining segment fell to $3.4 billion in Q3 2023 from $3.8 billion during the year ago quarter. Valero Energy Corporation (NYSE:VLO)’s shares are rated Buy on average, and analysts have priced in a $24 share price upside based on the average share price.

49 hedge funds out of the 910 part of Insider Monkey’s Q2 2023 research had held a stake in the company. Valero Energy Corporation (NYSE:VLO)’s largest investor in our database is Israel Englander’s Millennium Management as it owns $324 million worth of shares.

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