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 [...]
Valero Energy Corp. today announced a date change for the first quarter 2020 earnings conference call and the release of its first quarter 2020 earnings results. It will now host a conference call on April 29, 2020, at 10:00 a.m. ET to discuss first 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 [...]
Valero Energy Corp. announced that the Valero Energy Foundation has committed $1.8 million to support organizations on the front-lines helping people most in need primarily in cities where the company operates. In addition, Valero is also providing gas cards to the selected charitable organizations to provide access to essential fuels and products for their operations. “The health and the safety of our employees [...]
Valero Energy Corp. today announced that it will host a conference call on April 23, 2020, at 10:00 a.m. ET to discuss first 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 web site at www.valero.com. About Valero Valero Energy Corp., through its [...]
Valero Energy Corp. announced today that members of company management will attend the Bank of America Merrill Lynch Refining Conference on Wednesday, March 11, 2020. About Valero Valero Energy Corp., through its subsidiaries , is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries [...]
Valero Energy Corp. announced today that Joe Gorder, Chairman and Chief Executive Officer of Valero Energy Corp. will present at the Credit Suisse Energy Summit on Monday, March 2, 2020. A live audio webcast of the presentation, along with the associated slides, will be accessible from Valero’s website at www.valero.com. A replay of the presentation will also be available on Valero’s website. About Valero [...]
Reported net income attributable to Valero stockholders of $1.1 billion, or $2.58 per share, for the fourth quarter and $2.4 billion, or $5.84 per share, for the year. Reported adjusted net income attributable to Valero stockholders of $873 million, or $2.13 per share, for the fourth quarter and $2.4 billion, or $5.70 per share, for the year. Returned $591 million in cash to stockholders through dividends and stock [...]
Valero Energy Corp. announced today that Valero’s Board of Directors have approved promotions for Lane Riggs, Gary Simmons and Eric Fisher, effective January 23, 2020. Lane Riggs has been promoted and elected President of Valero and will hold the title of President and Chief Operating Officer, reflecting the expansion of his responsibilities to also include renewables and logistics operations. Under Lane’s [...]
Valero Energy Corp. announced today that Eric D. Mullins has been elected to the company’s board of directors. Following the appointment, the board of Valero will comprise 11 directors, 10 of whom are independent. Mullins is Managing Director and Co-Chief Executive Officer of the Lime Rock Resources team and has jointly led the team since co-founding the Lime Rock Resources strategy in 2005. Mullins oversees all [...]
The Board of Directors of Valero Energy Corp. has approved an increase in the company’s regular quarterly cash dividend on common stock from $0.90 per share to $0.98 per share, effective with the quarterly dividend the Board has declared to be payable on March 4, 2020, to holders of record at the close of business on February 12, 2020. The increase in the dividend raises the annualized cash dividend rate on [...]
Valero Energy Corp. today announced that it will host a conference call on January 30, 2020, at 10:00 a.m. ET to discuss 2019 fourth quarter and full year 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 web site at www.valero.com. About Valero [...]