I found this info today.
BUZZ-Valero Energy: Cracks appearing
12:45 PM ET, 10/19/2015 - Reuters
** Rising energy inventories and stiff chart resistance threaten to end Valero Energy's outperformance
** VLO up 25 pct YTD vs S&P 500 down 1.3 pct, and S&P 500 Energy Sector down 15 pct
** Although co's Q2 revenue tumbled 28 pct yr/yr, handily beat Street
** Strong refining margins led to 118 pct yr/yr increase in Adj EPS
** Indeed, VLO refineries operated at 96 pct throughput capacity utilization in Q2, and lower energy expense and less maintenance contributed to yr/yr cost savings
** However, with DOE total US motor gasoline inventories and US distillate FO inventories up 11 pct and 35 pct from 2014 lows (Thomson Reuters Datastream), co could face margin pressure
** Street currently calling for 27 pct sequential fall in Q3 revenue and 47 pct yr/yr decline, according to IBES
** Adj EPS expected to be up yr/yr, but essentially flat qtr/qtr
** Analysts skewed bullish with $75.00 median PT
** Technically, VLO appears to have failed as probed its 2007 peak. Chart: http://link.reuters.com/bem85w
** Monthly MACD rolling over after diverging at highs, so pressure can mount on support toward $51.70
** Below here can see VLO spill out of the rising multi-year channel
** Thrusting above $71.86, however, can clear way to $75.00/$80.00 (Messaging: terence.gabriel.thomsonreuters.com@reuters.net)
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