Parkland says lots of buyer interest in its fuel, convenience store locations [Yahoo! Finance Canada]
Valero Energy Corporation (VLO)
Last valero energy corporation earnings: 4/29 06:30 am
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Source: Yahoo! Finance Canada
The Calgary-based company is aiming to divest the stores as part of its efforts to optimize its network. The locations for sale include ones operated under the Chevron, Ultramar, Pioneer and FasGas brands as well as the On the Run convenience store banner. Most are in Quebec and Ontario, with the balance in Alberta, British Columbia, Manitoba and Saskatchewan. Parkland chief financial officer Marcel Teunissen says the company has seen interest from individual buyers looking to own one site, as well as potential purchasers of multiple sites. ADVERTISEMENT The sale of the gas station locations is part of Parkland's broader goal to divest $500 million in non-core assets by the end of 2025. This report by The Canadian Press was first published May 2, 2024. Companies in this story: (TSX:PKI) The Canadian Press
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VLO
News
- Valero Energy Co. (NYSE: VLO) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating.MarketBeat
- Valero Energy Corporation Declares Regular Cash Dividend on Common StockBusiness Wire
- US Renewable Fuel Maker Defends Used Cooking Oil From China [BNN Bloomberg (Canada)]BNN Bloomberg
- Valero Energy Co. (NYSE: VLO) had its price target lowered by analysts at Piper Sandler from $198.00 to $187.00. They now have an "overweight" rating on the stock.MarketBeat
- Is There An Opportunity With Valero Energy Corporation's (NYSE:VLO) 26% Undervaluation? [Yahoo! Finance]Yahoo! Finance
VLO
Earnings
- 4/25/24 - Beat
VLO
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- VLO's page on the SEC website