Valero Energy Corp on Wednesday said its fourth-quarter profit rose, topping estimates, 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.Excluding items including a $325 million gain on CST, Valero had a profit of $1.78 per share. Analysts on average had expected a profit of $1.66 per share, according to Thomson Reuters I/B/E/S.Last week, Valero said it expected its earnings excluding items to top analysts' estimates as it processed more oil and benefited from steeper discounts for some grades of crude.
CST Brands, Inc. is a retailer of transportation fuels and convenience goods in North America. Shares of CST remained unchanged at $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 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $36.13. In the past year, the shares have traded as low as $29.33 and as high as $38.73. On average, 730682 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.45% or $0.18/share to $40.31. In the past year, the shares have traded as low as $29.40 and as high as $42.10. On average, 904041 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 595174.
Valero Energy Corporation (Valero) is an independent petroleum refining and marketing company. Shares of VLO remained unchanged at $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 200.
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