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Gold/Mining/Energy : VLO: Valero Energy Corp.
VLO 181.78+3.4%Nov 14 9:30 AM EST

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From: Paul Senior5/17/2005 7:21:33 PM
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From the Wall Street Journal:

"Despite somewhat weaker refining margins, Valero Energy Corp. said this week it expects the company's second-quarter financial results to be the best for the period in its history.
The San Antonio-based refining giant said it expects to beat consensus estimates of $2.44 a share for the quarter. The company said May is expected to be the second best month in its history, second only to April of this year. Historically, the second quarter tends to be among the weaker periods for refiners.
'Fundamentals are still exceptional,' said Mary Rose Brown, spokeswoman for Valero."
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