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NYSE:MRO 9 January 2026

Valero Energy stock dips on Piper Sandler target cut as Venezuela talks keep traders guessing

Valero Energy stock dips on Piper Sandler target cut as Venezuela talks keep traders guessing

Valero Energy shares fell 3% to $185.50 in mid-afternoon New York trading, while the S&P 500 ETF rose 0.8%. The White House is meeting with oil firms including Valero and Marathon to discuss possible investment in Venezuela’s energy sector. Valero plans to keep importing gasoline into Northern California after its Benicia refinery idles in April. Fourth-quarter results are due Jan. 29.

Stock Market Today

  • July 2026 Watchlist: Key Singapore Blue-Chip Stocks to Monitor
    June 28, 2026, 8:52 PM EDT. Three Singapore blue-chip stocks-Seatrium, Keppel Ltd, and an unnamed third-are set to report updates in July 2026, with underlying details crucial for investors, especially dividend seekers. Seatrium posted a 24.3% rise in 2025 revenue to S$11.5 billion and more than doubled profits to S$323.6 million. However, its free cash flow, vital for dividends, improved to S$19.7 million but remains tight against a doubled dividend payout. Its order book stands at S$17.8 billion, with management targeting S$32 billion in new deals. Keppel Ltd, pivoting to an asset-light model, saw a 13% rise in asset management fees to S$108 million in Q1 2026 and grew funds under management by S$0.4 billion, despite a slight dip in net profit due to weaker Real Estate segment gains. Investors will watch for cash flow trends and deal conversions closely.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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