Valero Energy Corp. Stock Rises Friday, Outperforms Market

Old Dominion Freight Line Inc

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Industrials : Ground Transportation | Mid Cap Growth

Company profile

Old Dominion Freight Line, Inc. is a North American less-than-truckload (LTL) motor carriers. The Company provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings include expedited transportation, which is provided through a network of service centers located throughout the continental United States. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 255 service center locations, of which the Company owns 231 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. Its system offers its customers access to information such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. These centralized systems and its customer service department provide its customers with a single point of contact to access information.

Valero Energy Corp. Stock Rises Friday, Outperforms Market

5:30 pm ET December 30, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Valero Energy Corp. (VLO) inched 0.43% higher to $126.86 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. This was the stock's second consecutive day of gains. Valero Energy Corp. closed $19.95 below its 52-week high ($146.81), which the company achieved on June 8th.

The stock underperformed when compared to some of its competitors Friday, as Exxon Mobil Corp. (XOM) rose 1.01% to $110.30 and Chevron Corp. (CVX) rose 0.66% to $179.49. Trading volume (2.0 M) remained 2.0 million below its 50-day average volume of 4.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.

(END) Dow Jones Newswires

December 30, 2022 17:30 ET (22:30 GMT)