Valero Energy Corp.

Valero Energy Corp. today reported net income attributable to Valero stockholders of $1.3 billion, or $3.07 per share, for the second quarter of 2020 compared to net income of $612 million, or $1.47 per share, for the second quarter of 2019. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net loss attributable to Valero stockholders was $504 million, or $1.25 per share, for the second [...]

The Board of Directors of Valero Energy Corp. has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on September 2, 2020, to holders of record at the close of business on August 4, 2020. As a reminder, Valero will host a conference call on July 30, 2020, at 10 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and to provide an [...]

Valero Energy Corp. today announced that Jason Fraser, who has served as Valero’s Executive Vice President and General Counsel since January 2019, has been appointed by Valero’s Board of Directors to serve as the Company’s Executive Vice President and Chief Financial Officer, effective July 15, 2020. Mr. Fraser will succeed Donna Titzman, who will remain as Executive Vice President and Chief Financial Officer until her [...]

Valero Energy Corp. today announced that it will host a conference call on July 30, 2020, at 10:00 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the presentation live via the internet may log on to Valero’s Investor Relations web site at www.investorvalero.com. About Valero [...]

Reported net loss attributable to Valero stockholders of $1.9 billion, or $4.54 per share. Reported adjusted net income attributable to Valero stockholders of $140 million, or $0.34 per share. Returned $548 million in cash to stockholders through dividends and stock buybacks during the quarter and declared a quarterly common stock dividend of $0.98 per share on April 24. Deferred approximately $100 million in tax payments [...]

The Board of Directors of Valero Energy Corp. has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on June 3, 2020, to holders of record at the close of business on May 14, 2020. As a reminder, Valero will host a conference call on April 29, 2020, at 10 a.m. ET to discuss first quarter earnings results, which will be released earlier that day, and to provide an update [...]

Valero Energy Corp. announced today that it has priced a public offering of $850,000,000 aggregate principal amount of 2.700% Senior Notes due 2023 and $650,000,000 aggregate principal amount of 2.850% Senior Notes due 2025. The offering is expected to close on April 16, 2020, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes. BofA Securities [...]

Valero Energy Corp. today announced an update regarding the impact and effects of the outbreak of COVID-19 and the recent decline in commodity prices on its business operations. Valero also provided certain preliminary first quarter 2020 financial information. Valero provided such business update and preliminary first quarter 2020 financial numbers in a Current Report on Form 8-K filed with the Securities and Exchange [...]

In the context of the fight against the pandemic of COVID-19, Valero Energy announces a second wave of donations, this time to support organizations that deal with food security, domestic violence and other urgent needs. "The province of Quebec has paused and confinement measures can have harmful effects for certain groups of individuals and for families in precarious situations. We must act to support front-line [...]

Valero Energy Corp. announced today a change in the location and time for its 2020 Annual Meeting of Stockholders . As previously announced, the Annual Meeting will be held on April 30, 2020. However, due to health and safety concerns related to the coronavirus outbreak, recommendations and orders from various federal, state, and local governmental authorities, and out of an abundance of caution to support the health and [...]