Valero unveils its $320M plan to buy Houston’s oldest oil refinery and reopen it
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about oil and refining.
Directly affected
- VLO Valero Energy+1.1% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund+8.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- XOM ExxonMobil Holdings+3.3% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+12.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- MPC Marathon Petroleum+9.5% 10d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- COP ConocoPhillips+11.6% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- PSX Phillips 66+9.1% 30d
Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| VLO | +8.98% | +0.67% | base | +3.98% | +0.21% | +0.32% | after close |
| USO | +0.80% | -2.73% | base | +0.39% | -6.80% | after close | after close |
| XLE | +0.88% | -0.71% | base | +1.87% | -2.12% | after close | after close |
| CRAK | +4.72% | +1.36% | base | +1.24% | -0.60% | -0.55% | after close |
| XOM | +0.03% | -1.79% | base | +2.24% | -1.85% | after close | after close |
| CVX | +0.78% | -1.37% | base | +1.82% | -1.43% | -2.72% | after close |
| MPC | +5.72% | +0.79% | base | +2.80% | +0.65% | -0.40% | after close |
| COP | +0.55% | -1.36% | base | +2.70% | -1.67% | -3.61% | after close |
| PSX | +3.45% | -1.93% | base | +3.35% | +0.52% | -0.19% | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Valero unveils its $320M plan to buy Houston’s oldest oil refinery and reopen it Houston Chronicle
Source: Houston Chronicle
Energy
| Company | When | Move | Status |
|---|---|---|---|
| COP | that day | +2.70% | final price |
| COP | the next day | -1.67% | final price |
| COP | two days later | -3.61% | still updating |
| COP | three days earlier | -1.36% | final price |
| COP | five days earlier | +0.55% | final price |
| CRAK | that day | +1.24% | final price |
| CRAK | the next day | -0.60% | final price |
| CRAK | two days later | -0.55% | still updating |
| CRAK | three days earlier | +1.36% | final price |
| CRAK | five days earlier | +4.72% | final price |
| CVX | that day | +1.82% | final price |
| CVX | the next day | -1.43% | final price |
| CVX | two days later | -2.72% | still updating |
| CVX | three days earlier | -1.37% | final price |
| CVX | five days earlier | +0.78% | final price |
| MPC | that day | +2.80% | final price |
| MPC | the next day | +0.65% | final price |
| MPC | two days later | -0.40% | still updating |
| MPC | three days earlier | +0.79% | final price |
| MPC | five days earlier | +5.72% | final price |
| PSX | that day | +3.35% | final price |
| PSX | the next day | +0.52% | final price |
| PSX | two days later | -0.19% | still updating |
| PSX | three days earlier | -1.93% | final price |
| PSX | five days earlier | +3.45% | final price |
| USO | that day | +0.39% | final price |
| USO | the next day | -6.80% | final price |
| USO | three days earlier | -2.73% | final price |
| USO | five days earlier | +0.80% | final price |
| VLO | that day | +3.98% | final price |
| VLO | the next day | +0.21% | final price |
| VLO | two days later | +0.32% | still updating |
| VLO | three days earlier | +0.67% | final price |
| VLO | five days earlier | +8.98% | final price |
| XLE | that day | +1.87% | final price |
| XLE | the next day | -2.12% | final price |
| XLE | three days earlier | -0.71% | final price |
| XLE | five days earlier | +0.88% | final price |
| XOM | that day | +2.24% | final price |
| XOM | the next day | -1.85% | final price |
| XOM | three days earlier | -1.79% | final price |
| XOM | five days earlier | +0.03% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 61 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 38 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 16 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 39 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 66 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 68 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 71 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100Price not final
“Valero unveils its $320M plan to buy Houston’s oldest oil refinery and reopen it” scores 12 out of 100. The score uses 1 sources. The price is not final yet.