Tag Archives: VLO

Morgan Stanley Upgrades Refining Sector, Names Valero A Top Pick

The refining and marketing industry looks strong through 2020, according to Morgan Stanley. The firm upgraded the sector and named a new top pick.

The Analyst

Morgan Stanley’s Benny Wong upgraded his R&M industry view from In-Line to Attractive.

Won upgraded Valero Energy Corporation (NYSE: VLO) from Equal-Weight to Overweight and raised the price target from $110....More>>>

Texas Oil & Gas Industry Recovering from Harvey

Source: ThinkstockAs water levels drop in the areas hardest hit by tropical storm Harvey, the focus has turned to the hundreds of thousands of people affected by the storm who require shelter, food, and help getting their lives back together. That is as it should be.

At the same time, the oil & gas industry of south and east Texas continues to inspect facilities and begin the....More>>>