VALERO ENERGY CORP

Ticker: VLO CUSIP: 91913Y100 Class: COM

Narwhal Capital Management's Holding History (CIK: 0001461287)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 39,310 Value ($000) $6,399 Avg Close $168.83 Range $154.32 - $184.46

Q3 2025

Shares 50,897 Value ($000) $8,666 Avg Close $147.81 Range $129.96 - $177.31

Q2 2025

Shares 61,730 Value ($000) $8,298 Avg Close $122.29 Range $96.76 - $140.88

Q1 2025

Shares 50,827 Value ($000) $6,713 Avg Close $129.37 Range $116.95 - $140.87

Q4 2024

Shares 47,599 Value ($000) $5,835 Avg Close $129.14 Range $113.27 - $140.60

Q3 2024

Shares 49,304 Value ($000) $6,658 Avg Close $139.37 Range $125.44 - $160.36

Q2 2024

Shares 52,862 Value ($000) $8,287 Avg Close $153.50 Range $140.74 - $175.41

Q1 2024

Shares 45,290 Value ($000) $7,730 Avg Close $135.69 Range $116.84 - $163.70

Q4 2023

Shares 54,235 Value ($000) $7,051 Avg Close $119.35 Range $112.03 - $132.88

Q3 2023

Shares 51,317 Value ($000) $7,272 Avg Close $122.12 Range $103.98 - $142.23

Q2 2023

Shares 55,829 Value ($000) $6,549 Avg Close $107.19 Range $95.70 - $130.68

Q1 2023

Shares 48,647 Value ($000) $6,791 Avg Close $123.00 Range $107.34 - $137.14

Q4 2022

Shares 29,100 Value ($000) $3,692 Avg Close $114.07 Range $97.33 - $129.64

Q3 2022

Shares 26,716 Value ($000) $2,855 Avg Close $99.36 Range $87.02 - $113.55

Q2 2022

Shares 25,970 Value ($000) $2,760 Avg Close $105.92 Range $86.12 - $131.79

Q1 2022

Shares 23,367 Value ($000) $2,373 Avg Close $76.96 Range $66.06 - $91.80

Q4 2021

Shares 23,367 Value ($000) $1,755 Avg Close $65.12 Range $57.34 - $72.28

Q3 2021

Shares 23,890 Value ($000) $1,686 Avg Close $57.55 Range $51.16 - $68.37

Q2 2021

Shares 23,890 Value ($000) $1,865 Avg Close $65.99 Range $57.06 - $72.80

Q1 2021

Shares 22,990 Value ($000) $1,646 Avg Close $57.19 Range $45.65 - $71.42

Q4 2020

Shares 22,990 Value ($000) $1,301 Avg Close $40.57 Range $29.02 - $51.40

Q3 2020

Shares 36,196 Value ($000) $1,568 Avg Close $42.61 Range $35.15 - $48.51

Q2 2020

Shares 56,706 Value ($000) $3,335 Avg Close $47.74 Range $31.42 - $62.03

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	39,310	$6,399	$168.83	$154.32 - $184.46
Q3 2025	50,897	$8,666	$147.81	$129.96 - $177.31
Q2 2025	61,730	$8,298	$122.29	$96.76 - $140.88
Q1 2025	50,827	$6,713	$129.37	$116.95 - $140.87
Q4 2024	47,599	$5,835	$129.14	$113.27 - $140.60
Q3 2024	49,304	$6,658	$139.37	$125.44 - $160.36
Q2 2024	52,862	$8,287	$153.50	$140.74 - $175.41
Q1 2024	45,290	$7,730	$135.69	$116.84 - $163.70
Q4 2023	54,235	$7,051	$119.35	$112.03 - $132.88
Q3 2023	51,317	$7,272	$122.12	$103.98 - $142.23
Q2 2023	55,829	$6,549	$107.19	$95.70 - $130.68
Q1 2023	48,647	$6,791	$123.00	$107.34 - $137.14
Q4 2022	29,100	$3,692	$114.07	$97.33 - $129.64
Q3 2022	26,716	$2,855	$99.36	$87.02 - $113.55
Q2 2022	25,970	$2,760	$105.92	$86.12 - $131.79
Q1 2022	23,367	$2,373	$76.96	$66.06 - $91.80
Q4 2021	23,367	$1,755	$65.12	$57.34 - $72.28
Q3 2021	23,890	$1,686	$57.55	$51.16 - $68.37
Q2 2021	23,890	$1,865	$65.99	$57.06 - $72.80
Q1 2021	22,990	$1,646	$57.19	$45.65 - $71.42
Q4 2020	22,990	$1,301	$40.57	$29.02 - $51.40
Q3 2020	36,196	$1,568	$42.61	$35.15 - $48.51
Q2 2020	56,706	$3,335	$47.74	$31.42 - $62.03