Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, January 29, 2014

Valero Energy's quarterly profit climbs, CST sale helps, (NYSE: CST), (NYSE: VLO)

Valero Energy Corp on Wednesday said its fourth-quarter profit rose as the largest independent U.S. refiner processed more crude and sold its interest in its retail business, CST Brands Inc. Profit in the quarter was $1.3 billion, or $2.38 per share, compared with $1 billion, or $1.82 per share, in the same quarter a year earlier.

CST Brands, Inc. is a retailer of transportation fuels and convenience goods in North America. Shares of CST traded higher by 2.17% or $0.68/share to $32.08. In the past year, the shares have traded as low as $27.01 and as high as $36.92. On average, 1016580 shares of CST exchange hands on a given day and today's volume is recorded at 926072.

Valero Energy Corporation (Valero) is an independent petroleum refining and marketing company. Shares of VLO traded higher by 1.27% or $0.63/share to $50.20. In the past year, the shares have traded as low as $33.00 and as high as $53.64. On average, 8577370 shares of VLO exchange hands on a given day and today's volume is recorded at 6956336.



Source