Investing.com - Valero Energy (NYSE:VLO) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Valero Energy announced earnings per share of $-1.06 on revenue of $16.60B. Analysts polled by Investing.com anticipated EPS of $-1.3 on revenue of $15.4B.
Valero Energy shares are up 3.82% from the beginning of the year and are trading at $58.73 , down-from-52-week-high.They are outperforming the S&P 500 which is down 0.14% from the start of the year.
Valero Energy follows other major Energy sector earnings this month
Valero Energy's report follows an earnings beat by Schlumberger on Friday, January 22, 2021, who reported EPS of $0.22 on revenue of $5.53B, compared to forecasts EPS of $0.1735 on revenue of $5.24B.
Baker Hughes A had missed expectations on Thursday, January 21, 2021 with fourth quarter EPS of $-0.07 on revenue of $5.5B, compared to forecast for EPS of $0.1682 on revenue of $5.42B.
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