Valero Energy Reports 2024 Fourth Quarter and Full Year Results
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $281 million, or $0.88 per share, for the fourth quarter of 2024, compared to $1.2 billion, or $3.55 per share, for the fourth quarter of 2023. Excluding the adjustment shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $207 million, or $0.64 per share, for the fourth quarter of 2024, compared to $1.2 billion, or $3.57 per share, for the fourth quarter of 2023.
Valero Energy Corporation Increases Regular Cash Dividend
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $1.07 per share to $1.13 per share. The dividend is payable on March 3, 2025 to holders of record at the close of business on January 30, 2025. The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $4.52 per share.
Valero Energy Corporation to Announce 2024 Fourth Quarter and Full Year Earnings Results on January 30, 2025
Valero Energy Corporation (
NYSEVLO) announced today that it will host a conference call on January 30, 2025 at 10:00 a.m. ET to discuss 2024 fourth quarter and full year earnings results, which will be released earlier that day, and provide an update on company operations.
California pushes major airlines to adopt renewable fuelsThe California Air Resources Board (CARB) has announced a new initiative to nudge major airlines to transition to sustainable aviation fuel.
Valero Announces Board Leadership Transition
Valero Energy Corporation (NYSE: VLO, “Valero”) today announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero’s Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at the close of business on November 20, 2024.
Valero Energy Reports Third Quarter 2024 Results
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $364 million, or $1.14 per share, for the third quarter of 2024, compared to $2.6 billion, or $7.49 per share, for the third quarter of 2023.
Valero Energy Corporation to Announce Third Quarter 2024 Earnings Results on October 24, 2024
Valero Energy Corporation (
NYSEVLO) announced today that it will host a conference call on October 24, 2024 at 10:00 a.m. ET to discuss third quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations.
Leading Oil Refiner's Stock Climbs Despite Market VolatilityOil refiner and renewable fuels producer Valero Energy Co. (
NYSEVLO) plays an essential role in the transportation industry.
Valero Energy Reports Second Quarter 2024 Results
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $880 million, or $2.71 per share, for the second quarter of 2024, compared to $1.9 billion, or $5.40 per share, for the second quarter of 2023.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on September 3, 2024 to holders of record at the close of business on August 1, 2024.
Valero Energy Corporation to Announce Second Quarter 2024 Earnings Results on July 25, 2024
Valero Energy Corporation (
NYSEVLO) announced today that it will host a conference call on July 25, 2024 at 10:00 a.m. ET to discuss second quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations.
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on June 28, 2024 to holders of record at the close of business on May 30, 2024.
Valero Energy Reports First Quarter 2024 Results
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $1.2 billion, or $3.75 per share, for the first quarter of 2024, compared to $3.1 billion, or $8.29 per share, for the first quarter of 2023. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $1.3 billion, or $3.82 per share, compared to $3.1 billion, or $8.27 per share, for the first quarter of 2023.
Valero Energy Corp. (NYSE: VLO) Climbs to New 52-Week HighShares of Valero Energy Corporation (
NYSEVLO) traded at a new 52-week high today and are currently trading at $181.7. So far today, approximately 415.9k shares have been exchanged, as compared to an average 30-day volume of 3.66M shares.
Valero Energy Corp. (NYSE: VLO) Sets New 52-Week High in Monday SessionShares of Valero Energy Corporation (
NYSEVLO) traded at a new 52-week high today and are currently trading at $170.56. So far today, approximately 202.84k shares have been exchanged, as compared to an average 30-day volume of 3.75M shares.
Valero Energy Corporation to Announce First Quarter 2024 Earnings Results on April 25, 2024
Valero Energy Corporation (
NYSEVLO) announced today that it will host a conference call on April 25, 2024 at 10:00 a.m. ET to discuss first quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations.
Valero Energy Corp. (NYSE: VLO) Climbs to New 52-Week HighShares of Valero Energy Corporation (
NYSEVLO) traded at a new 52-week high today and are currently trading at $162.75. So far today, approximately 975.98k shares have been exchanged, as compared to an average 30-day volume of 3.3M shares.
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Energy sector strength: Drill down with these refinery stocksRefinery stocks like Marathon and Valero lead the energy sector, benefitting from stable demand and efficient operations amid oil price fluctuations.
Fuel Cards Lead the Charge in Empowering Fleet Managers with Advanced Fuel Management SolutionsVehicle fleet managers are constantly on the lookout for innovative solutions to streamline operations and reduce expenses. Recognizing this critical need, WEX Inc, a global leader in the fleet fuel card market, is at the forefront of providing comprehensive fuel management solutions designed to significantly lower costs and enhance the tracking of fuel and vehicle metrics.
Can financial, healthcare, energy stocks rise as rates stay high?Sectors including financials, healthcare, utilities and energy outperform as interest rates remain high, but some of those industries face challenges in 2024.
Chesapeake to buy Southwestern Energy as natural gas prices riseChesapeake and Southwestern's $7.4 billion merger aims to address the growing global demand for natural gas; the companies expect a 20% dividend increase
Valero Energy Reports 2023 Fourth Quarter and Full Year Results
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $1.2 billion, or $3.55 per share, for the fourth quarter of 2023, compared to $3.1 billion, or $8.15 per share, for the fourth quarter of 2022. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $3.2 billion, or $8.45 per share, for the fourth quarter of 2022.
Valero Energy Corporation Increases Regular Cash Dividend
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $1.02 per share to $1.07 per share. The dividend is payable on March 4, 2024 to holders of record at the close of business on February 1, 2024. The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $4.28 per share.
