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Valero Energy (Valero Energy) Momentum Rank : 6 (As of Apr. 27, 2024)


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What is Valero Energy Momentum Rank?

Valero Energy has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Valero Energy's Momentum Rank

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valero Energy's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valero Energy's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Valero Energy's Momentum Rank falls into.



Valero Energy Momentum Rank Related Terms

Thank you for viewing the detailed overview of Valero Energy's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Valero Energy (Valero Energy) Business Description

Traded in Other Exchanges
Address
One Valero Way, San Antonio, TX, USA, 78249
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.
Executives
Joseph W Gorder director, officer: COB & CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Rayford Jr Wilkins director 208 S. AKARD ST., --, DALLAS TX 75202
Marie A Ffolkes director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Kimberly S, Greene director 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Philip J. Pfeiffer director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Deborah P Majoras director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Robert Profusek director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Donald L Nickles director 6100 N WESTERN AVENUE, P O BOX 18496, OKLAHOMA CITY OK 73118
Gary K. Simmons officer: EVP & CCO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
R. Lane Riggs officer: EVP and COO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Paulett Eberhart director C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Cheryl L. Thomas officer: SVP & CTO P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Richard Joe Walsh officer: SVP and GC P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Jason W. Fraser officer: EVP and CFO P.O. BOX 696000, SAN ANTONIO TX 78269-6000

Valero Energy (Valero Energy) Headlines