Is Valero Energy Corporation (VLO) Among the Top Commodity Producers With the Highest Upside Potential?
From Yahoo Finance: 2025-05-05 09:53:00
The commodity market is surging, with a projected global value of $3.56 billion in 2024, set to grow to $8.16 billion by 2034. However, the World Bank predicts a 12% drop in global commodity prices in 2025 due to economic slowing and high oil supply.
Valero Energy Corporation (NYSE:VLO) is a leading independent refiner in the US, Canada, and the UK with a daily capacity of 3.2 million barrels. The company increased its dividend by 6% in Q1 2025 and is set to launch a $230 million optimization project at the St. Charles refinery in 2026.
The future of commodity markets in 2025 is influenced by supply fundamentals, inflation patterns, and dollar fluctuations. Valero Energy Corporation (NYSE:VLO) stands out as one of the top commodity producers with high upside potential, securing its position among the best in the industry.