VALERO ENERGY CORP

Ticker: VLO CUSIP: 91913Y100 Class: COM

SPROTT INC.'s Holding History (CIK: 0001512920)

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

Q3 2015

Shares 4,000 Value ($000) $240 Avg Close $42.17 Range $34.39 - $47.58

Q2 2015

Shares 5,400 Value ($000) $338 Avg Close $38.94 Range $36.85 - $42.23

Q1 2015

Shares 6,900 Value ($000) $439 Avg Close $36.56 Range $28.33 - $42.36

Q4 2013

Shares 58,200 Value ($000) $2,933 Avg Close $26.85 Range $21.10 - $32.29

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	4,000	$240	$42.17	$34.39 - $47.58
Q2 2015	5,400	$338	$38.94	$36.85 - $42.23
Q1 2015	6,900	$439	$36.56	$28.33 - $42.36
Q4 2013	58,200	$2,933	$26.85	$21.10 - $32.29