Stock Pops after Valero Energy Ups Guidance on Record Mid-Continent Refining

摘要

Illustrating the value of refining low-cost conventional andunconventional oil, Valero Energy Corp. (NYSE: VLO) an-nounced new upside financial and operating guidance forfirst-quarter 2011 after-hours on March 2, and its share pricepopped during the next trading session to close up nearly 8%.