ValeroEnergy Corporation (VLO) recently reported better-than-expected first-quarter 2024 earnings. The leading oil refiner’s earnings per share were $3.82, while revenues came in at $31.8 billion.Price Performance SolidSince the earnings announcement on Apr 25, the stock declined almost 5%, unrelated to the company’s fundamentals. However, Valero has proven to be incredibly rewarding since the beginning of 2024, gaining 23.1% year to date, surpassing the 8.1% rise of the composite stocks belonging to the Za ...