Valero Energy (VLO +0.5%) hits a 52-week high after telling an energy conference it is pursuing...

|About: Valero Energy Corporation (VLO)|By:, SA News Editor

Valero Energy (VLO +0.5%) hits a 52-week high after telling an energy conference it is pursuing a separation of its retail business, reviewing several potential transactions including a cash-efficient distribution to shareholders. "Investors and analysts have treated Valero mainly as a refiner, ignoring higher potential value of retail segment," VLO says.