|
|
|
|
|
|
|
|
|
|
|
|
|
24.07.25 - 13:01
|
Valero Energy Corp. Reports Drop In Q2 Income (AFX)
|
|
|
WASHINGTON (dpa-AFX) - Valero Energy Corp. (VLO) reported earnings for second quarter that Drops, from the same period last yearThe company's bottom line came in at $714 million, or $2.28 per shar......
|
|
|
|
|
|
|
|
|
24.07.25 - 12:33
|
Valero Energy Reports Second Quarter 2025 Results (Business Wire)
|
|
|
Reported net income attributable to Valero stockholders of $714 million, or $2.28 per share
Repaid the outstanding principal balance of $251 million of 2.85% Senior Notes that matured in April
Declared a regular quarterly cash dividend on common stock of $1.13 per share on July 17
Returned $695 million to stockholders through dividends and stock buybacks
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $714 million, or $2.28 per share, for the second quarter of 2025, compared to net income of $880 million, or $2.71 per share, for the second quarter of 2024.
Refining
The Refining segment reported operating income of $1.3 billion for the second quarter of 2025, compared to operating income of $1.2 billion for the second quarter of 2024. Refining throughput volumes averaged 2.9 million barrels per day in the second quarter of 2025.
“We delivered solid financial results for the second quarter, driven by our s...
|
|
|
|
|
|
|
|
|
|
|
|
|
17.07.25 - 22:15
|
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock (Business Wire)
|
|
|
SAN ANTONIO--(BUSINESS WIRE)--The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.13 per share. The dividend is payable on September 2, 2025 to holders of record at the close of business on July 31, 2025.
About Valero
Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1....
|
|
|
|
|
|
|
11.07.25 - 22:27
|
California To Lose 17% Of Oil Refining Capacity: EIA (ZeroHedge)
|
|
|
California To Lose 17% Of Oil Refining Capacity: EIA
Authored by Naveen Athrappully via The Epoch Times,
California could lose 17 percent of its oil refinery capacity over the next 12 months due to two scheduled refinery closures, the Energy Information Administration (EIA) said in a July 9 statement.
In October, energy company Phillips 66 announced plans to shut down its Wilmington refinery in the Los Angeles area by the fourth quarter of this year. The facility processes 139,000 barrels per day of oil.
In April, Valero Energy Corporation said it would cease operations at Benicia refinery in the Bay Area, which processes 145,000 barrels per day, by April 2026.
Closure of the facilities can lead to “increases in fuel price volatility on the West Coast,” EIA said, highlighting that California “usually has higher retail gasoline prices compared with the national average.”
According to data from the American Automobile Association, the average price of regular gasoline was $4.53 per gallo...
|
|
|
|