Valero Energy Corporation today reported net income attributable to Valero stockholders of $4.7 billion, or $11.57 per share, for the second quarter of 2022, compared to $162 million, or $0.39 per share, for the second quarter of 2021. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $4.6 billion, or $11.36 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 1, 2022 to holders of record at the close of business on August 4, 2022. About Valero We are a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily [...]
Valero Energy Corp. announced today that it will host a conference call on July 28, 2022 at 10:00 a.m. ET to discuss second quarter 2022 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at www.investorvalero.com. About Valero We are a multinational [...]
Valero Energy Corp. reduced its debt by approximately $300 million through the acquisition of $300 million of 4.00 percent Gulf Opportunity Zone Revenue Bonds Series 2010 . As previously disclosed, the GO Zone Bonds are due December 1, 2040, but were subject to mandatory tender on June 1, 2022 at a price equal to par plus accrued and unpaid interest up to, but excluding, the Mandatory Tender Date. This transaction [...]
Valero Energy Corp. announced today that it will participate in the Wells Fargo 2022 Energy Conference, the RBC Global Energy, Power & Infrastructure Conference and the J.P. Morgan 2022 Energy, Power & Renewables Conference in June. About Valero We are a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily in [...]
Valero Energy Corp. announced today that it will participate in Citi's 2022 Global Energy, Utilities and Climate Technology Conference in May. About Valero We are a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily in the United States , Canada, the United Kingdom , Ireland, and Latin America. We own 15 [...]
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 7, 2022 to holders of record at the close of business on May 12, 2022. About Valero We are a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily in the [...]
Valero Energy Corp. today reported net income attributable to Valero stockholders of $905 million, or $2.21 per share, for the first quarter of 2022, compared to a net loss of $704 million, or $1.73 per share, for the first quarter of 2021. Excluding the adjustments shown in the accompanying earnings release tables, first quarter 2022 adjusted net income attributable to Valero stockholders was $944 million, or $2.31 per [...]
Valero Energy Corp. announced today that it will host a conference call on April 26, 2022 at 10:00 a.m. ET to discuss first quarter 2022 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at www.investorvalero.com. About Valero We are an international [...]
Valero Energy Corp. announced today that it will participate in the Piper Sandler and the Scotia Howard Weil Energy Conferences in March. About Valero We are an international manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily in the United States , Canada, the United Kingdom , Ireland, and Latin America. We own 15 petroleum [...]
Valero Energy Corp. reduced its long-term debt by approximately $750 million in February through the previously announced debt reduction and refinancing transactions. The transactions included the issuance of $650 million aggregate principal amount of 4.000% Senior Notes due 2052 and the use of the proceeds from the Notes Issuance and cash on hand to repurchase and retire approximately $1.4 billion aggregate principal [...]
Valero Energy Corp. announced today the pricing terms of its previously announced cash tender offers to purchase its outstanding 3.650% Senior Notes due 2025 , its outstanding 2.850% Senior Notes due 2025 , the outstanding 4.375% Senior Notes due 2026 issued by Valero Energy Partners LP and guaranteed by Valero , its outstanding 3.400% Senior Notes due 2026 , its outstanding 2.150% Senior Notes due 2027 , its outstanding [...]