Investigation into Valero Energy Refinery Explosion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy VLO?
Source: seekingalpha
- Investigation Update: The Jefferson County Sheriff's office stated that no evidence has been found indicating that the explosion at Valero Energy's (VLO) Port Arthur refinery was a deliberate act, alleviating public concerns about potential terrorism.
- Casualty Report: Valero confirmed that the explosion occurred in a diesel hydrotreater, with no injuries reported, and the blast was felt over 10 miles away, highlighting the incident's severity.
- Safety Measures Restored: Following air quality testing, the shelter-in-place order in Port Arthur has been lifted, and the previously closed highway has reopened, indicating a return to normal safety conditions in the area.
- Market Impact Uncertain: While analysts suggest that the incident may not significantly raise gas prices, attention remains on the potential supply disruptions from the Texas refinery and their effects on the market.
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Analyst Views on VLO
Wall Street analysts forecast VLO stock price to fall
17 Analyst Rating
11 Buy
6 Hold
0 Sell
Moderate Buy
Current: 241.460
Low
149.00
Averages
186.56
High
223.00
Current: 241.460
Low
149.00
Averages
186.56
High
223.00
About VLO
Valero Energy Corporation, through its subsidiaries, is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. The Company sells its products primarily in the United States, Canada, the United Kingdom, Ireland and Latin America. Its segments include Refining, Renewable Diesel, and Ethanol. The Refining segment includes the operations of its petroleum refineries, the associated activities to market its refined petroleum products, and the logistics assets that support its refining operations. The Renewable Diesel segment represents the operations of Diamond Green Diesel (DGD), and the associated activities to market renewable diesel, renewable naphtha, and neat SAF. The Ethanol segment includes the operations of its ethanol plants and the associated activities to market its ethanol and co-products. It owns 15 petroleum refineries located in the United States, Canada and the United Kingdom.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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