Valero Energy Corporation (Valero) is one of the independent petroleum refiner and ethanol producer. The Company’s segments are including refining, ethanol, and Valero Energy Partners LP (VLP). The refining segment is including refining operations and the associated marketing activities. The ethanol segment is including operations and the associated marketing activities, and logistics assets. It is supporting ethanol operations. The NYSE: VLO company is owning logistics assets such as crude oil pipelines, refined petroleum product pipelines, terminals, tanks, marine docks, truck rack bays, and other assets. These are supporting refining operations. This is a midstream master limited partnership owned by the Company. These assets are covering crude oil and refined petroleum products pipeline and terminal systems in the United States Gulf Coast and the United States Mid-Continent regions. Its refineries produce conventional gasoline, premium gasoline, and lubricants, among others.
It is perfectly legal for company insiders that are including board members, to buy and sell stock in a company. Insiders must be disclosed their trading activities, and not trade on inside information. Investors are decisions solely on what the directors of a company have been doing. But it is perfectly logical to maintain tabs on what insiders are doing.
Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Independent Director Randall Weisenburger bought US$2.1m worth of shares for US$47.31 per share. That implies that an insider found the current price of US$51.22 per share to be enticing. While these views may be having changed since the purchase that was made, this does at least suggest they have had confidence in the company’s future. If someone buys shares at well below current prices, it’s a good sign on balance, but keep in mind they may no longer see the value like NYSE: ALK. Valero Energy insiders may have bought shares in the last year, but they didn’t sell any. You can be viewed the insider transactions (by companies and individuals) over the last year depicted.
Insider Ownership of Valero Energy
- Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own.
- Valero Energy insiders own about US$76m worth of shares. That equates to 0.4% of the company.
- This level of insider ownership is good but just short of being particularly stand-out. It certainly suggests a reasonable degree of alignment.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.