Valero Brought More Than 40% Return During Inflationary Periods
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Inflationary periods are quite beneficial for energy companies. Valero Energy Corporation (VLO) brought significant returns when inflation was higher than 2%. As the largest refiner of the USA Valero will benefit largely from current macro-trends and can keep its 8% shareholder yield. Long-term investors can get double digit returns in upcoming decade.
COVID-19 caused lots of troubles for energy industry as people were urged to stay at home and keep…
