Valero Energy Corp. announced today that it has priced a public offering of $500,000,000 aggregate principal amount of 2.800% Senior Notes due 2031 and $950,000,000 aggregate principal amount of 3.650% Senior Notes due 2051. The offering is expected to close on November 29, 2021, subject to customary closing conditions. Valero intends to use the net proceeds from the offering and $750.0 million of cash on hand to finance [...]
Valero Energy Corp. announced today that it has commenced tender offers to purchase for cash any and all of its outstanding 2.700% Senior Notes due 2023 and up to a maximum aggregate purchase price of $1,000,000,000 of its outstanding 1.200% Senior Notes due 2024, 3.650% Senior Notes due 2025, 2.850% Senior Notes due 2025, 10.500% Senior Notes due 2039, 8.750% Senior Notes due 2030, 7.500% Senior Notes due 2032 and 6.625 [...]
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 December 9, 2021 to holders of record at the close of business on November 18, 2021. About Valero Valero Energy Corp., through its subsidiaries , is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 500 [...]
Valero Energy Corporation today reported net income attributable to Valero stockholders of $463 million, or $1.13 per share, for the third quarter of 2021, compared to a net loss of $464 million, or $1.14 per share, for the third quarter of 2020. Excluding the adjustments shown in the accompanying earnings release tables, third quarter 2021 adjusted net income attributable to Valero stockholders was $500 million, or $1.22 [...]
Valero Energy Corp. announced today that it will host a conference call on October 21, 2021 at 10:00 a.m. ET to discuss third quarter 2021 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 [...]
Valero Energy Corp. announced today that Fred M. Diaz has been elected as an independent director to Valero's board of directors and has joined the Board's Nominating/Governance and Public Policy Committee, effective immediately. Mr. Diaz most recently served as President, Chief Executive Officer and Chairman of the Board of Directors of Mitsubishi Motors North America, Inc. He has extensive experience in the global [...]
Valero Energy Corp. announced today that it will redeem the entire outstanding principal amount of its Floating Rate Senior Notes due 2023 as part of its previously announced plans to reduce debt. The redemption date for the Notes is September 27, 2021. The aggregate principal amount of the Notes outstanding is $575 million. The redemption price for the Notes will be equal to 100% of the principal amount of the Notes [...]
Valero Energy Corp. announced today that it will participate in the virtual Barclays CEO - Energy Power Conference on September 9, 2021. About Valero Valero Energy Corp., through its subsidiaries , is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 500 company based in San Antonio, Texas, and it owns 15 petroleum refineries with a combined throughput [...]
Valero Energy Corporation today reported net income attributable to Valero stockholders of $162 million, or $0.39 per share, for the second quarter of 2021, compared to $1.3 billion, or $3.07 per share, for the second quarter of 2020. Excluding the adjustments shown in the accompanying earnings release tables, second quarter 2021 adjusted net income attributable to Valero stockholders was $197 million, or $0.48 per share [...]
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, 2021, to holders of record at the close of business on August 5, 2021. About Valero Valero Energy Corp., through its subsidiaries , is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 500 [...]
Valero Energy Corp. announced today that it will host a conference call on July 29, 2021 at 10:00 a.m. ET to discuss second quarter 2021 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 Valero Energy Corp., through [...]
Valero Energy Corp. announced today that it will be participating in the Wells Fargo Virtual Energy Conference on June 2, 2021 and the RBC Capital Markets Global Energy, Power and Infrastructure Energy Conference on June 8, 2021. 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 [...]