Valero Energy Shares Acquired by Investment Firm

Miller Howard Investments Inc. NY increases stake in oil and gas company by nearly 200%

Apr. 20, 2026 at 10:24am

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An extreme close-up of rugged, industrial oil refining equipment and machinery, conveying the physical, mechanical nature of Valero Energy's operations.A major investment firm's increased stake in Valero Energy signals growing confidence in the oil and gas company's future performance.San Antonio Today

Miller Howard Investments Inc. NY, an institutional investor, has increased its stake in Valero Energy Corporation (NYSE:VLO) by 199.8% in the fourth quarter, according to a recent SEC filing. The investment firm now owns 24,766 shares of the oil and gas company's stock, worth approximately $4 million.

Why it matters

This significant increase in ownership by a major institutional investor signals growing confidence in Valero Energy's financial performance and future prospects within the energy sector. It also highlights the continued interest from large funds in the oil and gas industry, despite ongoing market volatility.

The details

According to the filing, Miller Howard Investments Inc. NY acquired an additional 16,504 shares of Valero Energy in the fourth quarter, bringing its total holdings to 24,766 shares. This represents a nearly 200% increase in the firm's stake in the company. Valero Energy is a San Antonio-based integrated downstream energy company that focuses on refining crude oil into transportation fuels, petrochemical feedstocks, and other industrial products.

  • The increased stake was reported in Miller Howard Investments Inc. NY's Q4 2025 SEC filing, which was submitted on April 20, 2026.

The players

Miller Howard Investments Inc. NY

An institutional investment firm that has increased its stake in Valero Energy Corporation by nearly 200% in the fourth quarter.

Valero Energy Corporation

A San Antonio-based integrated downstream energy company that focuses on refining crude oil into transportation fuels, petrochemical feedstocks, and other industrial products.

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The takeaway

This significant increase in ownership by a major institutional investor reflects growing confidence in Valero Energy's financial performance and future prospects within the energy sector, despite ongoing market volatility.