SAN ANTONIO, May 14, 2018 -- Valero Energy Corp. announced today that, through certain of its subsidiaries, it has acquired Pure Biofuels del Peru S.A.C. from Pegasus Capital Advisors L.P., PBF management, and its minority shareholders effective May 14, 2018. PBF, as the third largest fuels importer in Peru, maintains a leading supply platform with a diverse group of customers, including retailers, miners, and airlines [...]
Valero Energy today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy will attend the RBC Capital Markets Global Energy and Power Executive Conference on June 5-6, 2018. Valero Valero Energy, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San Antonio, Texas [...]
Valero Energy today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy will attend the Wells Fargo West Coast Energy Conference on June 12-13, 2018. Valero Energy, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San Antonio, Texas, with approximately 10,000 [...]
SAN ANTONIO, May 04, 2018 -- Valero Energy Corp. today announced that members of company management will attend the Citi Global Energy & Utilities Conference on May 15-16, 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 50 company based in San Antonio, Texas, with approximately 10,000 [...]
SAN ANTONIO, May 03, 2018 -- Valero Energy Corp. today announced that it will attend the Redburn Toronto Conference on May 9, 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 50 company based in San Antonio, Texas, with approximately 10,000 employees, is an independent petroleum [...]
SAN ANTONIO, May 03, 2018 -- 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 June 5, 2018, to holders of record at the close of business on May 17, 2018. About Valero Valero Energy Corp., through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products [...]
Reported net income of $66 million and EBITDA of $97 million. Reported net cash provided by operating activities of $86 million and distributable cash flow of $86 million. Increased cash distribution to $0.5275 per unit, a 3.9 percent increase over the fourth quarter 2017, with a distribution coverage ratio of 1.6x. SAN ANTONIO, April 26, 2018 -- Valero Energy Partners LP today reported first quarter 2018 net income of [...]
Reported net income attributable to Valero stockholders of $469 million, or $1.09 per share, and adjusted net income attributable to Valero stockholders of $431 million, or $1.00 per share, an increase of 47 percent in adjusted per share results compared to the first quarter of 2017. Invested $631 million of capital in the first quarter. Returned $665 million in cash to stockholders through dividends and stock buybacks [...]
SAN ANTONIO, April 19, 2018 -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP , has approved the Partnership’s first quarter 2018 cash distribution of $0.5275 per unit. This distribution represents a 3.9 percent increase over the Partnership’s previous quarterly distribution, and is payable on May 9, 2018, to unitholders of record at the close of [...]
SAN ANTONIO, March 26, 2018 -- Valero Energy Partners LP today announced that it has priced a public offering of $500,000,000 aggregate principal amount of 4.500% senior notes due 2028. The offering is expected to close on March 29, 2018, subject to customary closing conditions. The Partnership intends to use the net proceeds from the offering for general partnership purposes, which may include, among other things, paying [...]
Swank Capital, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Energy Supply Chain Index as part of normal index operations. After the markets close on March 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on April 2, 2018: Cushing® Energy Supply Chain Index constituents, effective April 2, 2018: Company Name [...]
SAN ANTONIO, March 15, 2018 -- Valero Energy Partners LP today announced that it will host a conference call on April 26, 2018, at 3:00 p.m. ET to discuss first quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at [...]
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