BlackRock Amends Valero Energy Stake, Filing 14th Update
Ticker: VLO · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1035002
| Field | Detail |
|---|---|
| Company | Valero Energy Corp/Tx (VLO) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock just updated its Valero stake, showing its latest position as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of Valero Energy Corp/TX common stock as of December 31, 2023. This filing, Amendment No. 14, updates BlackRock's previously reported stake in Valero. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Valero's future performance, potentially influencing other investors' decisions.
Why It Matters
This filing shows BlackRock's updated position in Valero, providing transparency on a significant institutional investor's continued interest in the company.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder in Valero, but this routine update doesn't provide enough detail to warrant immediate action without further analysis of BlackRock's specific share count changes.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- VALERO ENERGY CORP/TX (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 14 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a major institutional investment manager.
What is the subject company whose securities are being reported?
The subject company is VALERO ENERGY CORP/TX, a petroleum refining company.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Valero Energy Corp is 91913Y100.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding VALERO ENERGY CORP/TX (VLO).