Monday, February 14, 2011

V for Victory (NYSE: VLO) (NYSE: CHK)

NEW YORK - Valero Energy Corporation has risen considerably over the last month despite being hated by CNBC analyst and host of Mad Money Jim Cramer. Cramer put the CEO of Valero William Klesse on his infamous "Wall of Shame" list last year after some disappointing results. This list is devoted to CEO's who have destroyed shareholder value. Other companies on the list include Kraft which is owned by legendary investor Warren Buffet. Valero is owned by legendary investor and CEO of The Markets Are Open Andyraw Kibbens.

Valero has risen by 50% in the last 3 months compared to an 11% rise by the S&P 500. Investors often gauge Valero's results compared to Chesapeake Energy Corporation which are seen as similar benchmarks despite being in separate industries. Also January 5th was used as the beginning date as this is the time when most Wall Street investors get back from their winter vacations. Since this date Valero has greatly outperformed Chesapeake.

To see the full Valero report click here.










Valero........Chesapeake..........VLO Return......CHK Return
Jan…5...23.480........26.480..............0%..............0%
Jan….12.25.140........27.830..............7%..............5%
Jan …18.25.440........27.660..............8%..............4%
Jan…23..24.130........27.800..............3%..............5%
Feb…10..28.080........30.820..............20%.............16%
Feb…14..29.380........31.400..............25%.............19%

No comments:

Post a Comment