Valero Energy Corp.

 Alerian announced today that Valero Energy Partners will be removed from the Alerian Midstream Energy Index , Alerian US Midstream Energy Index , Alerian Midstream Energy Select Index , Alerian MLP Index , and Alerian MLP Equal Weight Index in a special rebalancing. Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. VLP will cease to trade due to its merger with [...]

Valero Energy Corp. today announced that it will host a conference call on January 31, 2019, at 10:00 a.m. ET to discuss fourth 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. today announced that Jay Browning, who turned 60 earlier this year, has decided to retire as the company’s Executive Vice President and General Counsel effective January 1, 2019. Valero’s Board of Directors has elected Jason Fraser, currently Senior Vice President & Counsel, Public Policy, Strategy, and External Communications, as Executive Vice President and General Counsel effective the [...]

Valero Energy Corp. announced today that its Board of Directors approved a project to expand the Diamond Green Diesel plant in Norco, LA, to 675 million gallons per year renewable diesel production capacity. “We’re pleased to be taking this next step in our partnership with Darling Ingredients,” said Joe Gorder, Valero Chairman, President and Chief Executive Officer. “This growth project fits [...]

 Darling Ingredients Inc. announced today the approval of the project to expand the Diamond Green Diesel facility in Norco, LA, to increase the facility's production capacity of renewable diesel by an additional 400 million gallons to a total nameplate annual capacity of 675 million gallons. The expansion project will be in the form of a second, independent parallel plant located next to the existing facility and will [...]

The Board of Directors of Valero Energy Corp. has declared a regular quarterly cash dividend on common stock of $0.80 per share. The dividend is payable on December 12, 2018, to holders of record at the close of business on November 20, 2018. About Valero Valero Energy Corp., through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune [...]

Reported net income of $70 million and EBITDA of $104 million. Reported net cash provided by operating activities of $89 million and distributable cash flow of $88 million. Announced merger with Valero Energy Corp. . Valero Energy Partners LP today reported third quarter 2018 net income of $70 million, or $0.75 per limited partner common unit, and EBITDA of $104 million. The Partnership reported net cash provided by [...]

Reported net income attributable to Valero stockholders of $856 million, or $2.01 per share. Invested $604 million of capital in the third quarter. Approved the construction of a new coker at the Port Arthur refinery. Announced merger with Valero Energy Partners LP . Returned $775 million in cash to stockholders through dividends and stock buybacks. Valero Energy Corp. today reported net income attributable to Valero [...]

Valero Energy Corp. and Valero Energy Partners LP today announced the execution of a definitive agreement and plan of merger pursuant to which Valero will acquire, for cash, all of the outstanding publicly held common units of the Partnership at a price of $42.25 per common unit, for an aggregate transaction value of approximately $950 million. The Transaction price represents an approximate 12.4 percent premium to the 30 [...]

 Darling Ingredients Inc.  today announced that Diamond Green Diesel , a joint venture with Valero Energy Corp. , resumed production at its Norco, LA, facility. DGD recently expanded its annual capacity from 160 million gallons to 275 million gallons of renewable diesel. Darling Ingredients will also host its 2018 Analyst-Investor Forum, where management will provide a global business overview, on Thursday, October 11 [...]