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MarketScreener Homepage  >  Equities  >  Nyse  >  Valero Energy    VLO

VALERO ENERGY

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Valero Energy : Reports Compressor Problem at McKee Refinery in Texas

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09/10/2019 | 08:32am EDT

By Dan Molinski

Valero Energy Corp. (VLO) reported a compressor issue and above-normal flaring of gas emissions at its McKee refinery in the Texas panhandle.

"The McKee Refinery experienced an excess opacity and flaring event ... due to a compressor issue in Complex 1," the refinery said in a statement to the Texas Commission on Environmental Quality.

It said the excessive gas emissions, including carbon monoxide, began Sunday and likely ended late-afternoon on Monday, though it said those were estimates because the issue was ongoing.

The nearly 200,000-barrel-a-day McKee refinery is located in Sunray, 65 miles north of Amarillo.

Write to Dan Molinski at dan.molinski@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
VALERO ENERGY -4.41% 81.83 Delayed Quote.14.09%
WTI 13.18% 62.3 Delayed Quote.23.74%
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Financials (USD)
Sales 2019 105 B
EBIT 2019 3 283 M
Net income 2019 2 099 M
Debt 2019 7 357 M
Yield 2019 4,22%
P/E ratio 2019 16,8x
P/E ratio 2020 8,68x
EV / Sales2019 0,41x
EV / Sales2020 0,35x
Capitalization 35 444 M
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Mean consensus BUY
Number of Analysts 21
Average target price 100,95  $
Last Close Price 85,53  $
Spread / Highest target 57,8%
Spread / Average Target 18,0%
Spread / Lowest Target -2,96%
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NameTitle
Joseph W. Gorder Chairman, President & Chief Executive Officer
R. Lane Riggs Chief Operating Officer & Executive Vice President
Donna M. Titzman Chief Financial Officer & Executive Vice President
Cheryl Thomas Chief Information Officer & Vice President
Robert A. Profusek Lead Independent Director
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