Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company is involved in oil and gas refining, marketing, and bulk selling activities. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; lube oils and natural gas liquids; and asphalts, petrochemicals, lubricants, and other refined petroleum products. As of December 31, 2020, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to refiners and gasoline blenders, as well as to animal feed customers. It owns and operates 13 ethanol plants with a combined ethanol production capacity of approximately 1.69 billion gallons per year. In addition, the company owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets. Further, it owns and operates a plant that processes animal fats, used cooking oils, and other vegetable oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
IPO Year:
Exchange: NYSE
Website: valero.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $127.00 | Sell → Neutral | Goldman |
| 4/25/2025 | $121.00 → $118.00 | Buy | TD Cowen |
| 10/25/2024 | $145.00 → $140.00 | Buy | TD Cowen |
| 10/17/2024 | $150.00 | Neutral | BofA Securities |
| 10/9/2024 | $172.00 → $165.00 | Equal Weight → Overweight | Wells Fargo |
| 9/20/2024 | $169.00 → $123.00 | Overweight → Neutral | Piper Sandler |
| 7/18/2024 | $177.00 | Outperform | Wolfe Research |
| 7/17/2024 | $165.00 → $175.00 | Neutral → Outperform | Mizuho |
| 5/16/2024 | Buy → Hold | Argus | |
| 4/29/2024 | $190.00 → $185.00 | Buy | TD Cowen |
SCHEDULE 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
10-Q - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEFA14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEFA14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEF 14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
10-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
Joseph W. Gorder to Retire as Executive Chairman and Director CEO and President R. Lane Riggs to Assume Chairman Position 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. Mr. Gorder retired as Valero's CEO effective as of the close of business on June 30, 2023 and has served as Executive Chairman of the Board since that time. In his rol
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
Joseph W. Gorder to Retire as CEO; Will Remain as Executive Chairman R. Lane Riggs to Assume CEO Position and Become Director Valero Energy Corporation (NYSE:VLO, "Valero"))) announced today that Joseph W. Gorder, Valero's Chief Executive Officer and Chairman of the Board, has chosen to retire as CEO and has been elected as Executive Chairman of the Board, both effective June 30, 2023. In his new role, Mr. Gorder will lead the Board of Directors, and continue to provide advice and counsel to the CEO and Valero's leadership on Company decisions. R. Lane Riggs, Valero's President and Chief Operating Officer, has been elected to serve as Valero's CEO and as a member of the Board, also ef
The Board of Directors of Valero Energy Corporation (NYSE:VLO, "Valero")) has declared a regular quarterly cash dividend on common stock of $1.13 per share. The dividend is payable on June 18, 2025 to holders of record at the close of business on May 20, 2025. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a comb
Reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share Reported adjusted net income attributable to Valero stockholders of $282 million, or $0.89 per share Issued $650 million aggregate principal amount of 5.15% Senior Notes due 2030 in February for debt repayment and general corporate purposes Repaid the outstanding principal balances of $189 million of 3.65% Senior Notes that matured in March and $251 million of 2.85% Senior Notes that matured in April Declared a regular quarterly cash dividend on common stock of $1.13 per share on January 16 Returned $633 million to stockholders through dividends and stock buybacks Valero Energy Corporati
Valero Energy Corporation (NYSE:VLO, "Valero")) announced today that its subsidiary, Valero Refining Company-California, has submitted notice to the California Energy Commission of its current intent to idle, restructure, or cease refining operations at Valero's Benicia Refinery by the end of April 2026. Valero continues to evaluate strategic alternatives for its remaining operations in California. "We understand the impact that this may have on our employees, business partners, and community, and will continue to work with them through this period," said Lane Riggs, Chairman, CEO and President of Valero. In connection with the evaluation of strategic alternatives for Valero's operations i
JetBlue (NASDAQ:JBLU) along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York's John F. Kennedy International Airport (JFK). This milestone for SAF availability in the Northeast brings to reality an announcement from last summer, outlining JetBlue's 12-month agreement with World Fuel Services (World Fuel), a World Kinect company (NYSE:WKC), for at least 1 million gallons of neat SAF to be provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO). JetBlue's SAF supply is made possible through corporate business partners who help cover the cos
Valero Energy Corporation (NYSE:VLO) announced today that it will host a conference call on April 24, 2025 at 10:00 a.m. ET to discuss first quarter 2025 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 investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United King
Valero Energy Corporation (NYSE:VLO, "Valero")) announced today that it has priced a public offering of $650,000,000 aggregate principal amount of 5.150% Senior Notes due 2030 (the "Notes"). The offering is expected to close on February 7, 2025, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes, including the repayment, repurchase, or redemption of its outstanding 3.650% Senior Notes due 2025 and 2.850% Senior Notes due 2025. Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC acted as joint book-running managers for the offering. Copies of the pros
Reported net income attributable to Valero stockholders of $281 million, or $0.88 per share, for the fourth quarter and $2.8 billion, or $8.58 per share, for the year Reported adjusted net income attributable to Valero stockholders of $207 million, or $0.64 per share, for the fourth quarter and $2.7 billion, or $8.48 per share, for the year Returned $601 million to stockholders through dividends and stock buybacks in the fourth quarter and $4.3 billion in the year Increased quarterly cash dividend on common stock by 6 percent to $1.13 per share on January 16, 2025 Progressing with a Fluid Catalytic Cracking (FCC) Unit optimization project at the St. Charles Refinery Valero E
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. As a reminder, Valero will host a conference call on January 30, 2025, at 10 a.m. ET to discuss fourth quarter and full year 2024 earnings results, which will be released earlier that day, and to provide an update on company operations. Persons interested in listening
IRVING, Texas, Dec. 10, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that Avfuel Corporation, the leading independent supplier of aviation fuel and services, took the first delivery of sustainable aviation fuel (SAF) produced by Diamond Green Diesel (DGD), a 50/50 joint venture between Darling Ingredients and Valero Energy Corporation (NYSE:VLO, ", Valero", )). Naples Aviation (KAPF) accepted Avfuel's delivery of SAF, marking the fuel supplier
Valero Energy Corporation (NYSE:VLO) 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. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U
The Board of Directors of Valero Energy Corporation (NYSE:VLO, "Valero")) has declared a regular quarterly cash dividend on common stock of $1.13 per share. The dividend is payable on June 18, 2025 to holders of record at the close of business on May 20, 2025. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a comb
Reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share Reported adjusted net income attributable to Valero stockholders of $282 million, or $0.89 per share Issued $650 million aggregate principal amount of 5.15% Senior Notes due 2030 in February for debt repayment and general corporate purposes Repaid the outstanding principal balances of $189 million of 3.65% Senior Notes that matured in March and $251 million of 2.85% Senior Notes that matured in April Declared a regular quarterly cash dividend on common stock of $1.13 per share on January 16 Returned $633 million to stockholders through dividends and stock buybacks Valero Energy Corporati
Valero Energy Corporation (NYSE:VLO) announced today that it will host a conference call on April 24, 2025 at 10:00 a.m. ET to discuss first quarter 2025 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 investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United King
Reported net income attributable to Valero stockholders of $281 million, or $0.88 per share, for the fourth quarter and $2.8 billion, or $8.58 per share, for the year Reported adjusted net income attributable to Valero stockholders of $207 million, or $0.64 per share, for the fourth quarter and $2.7 billion, or $8.48 per share, for the year Returned $601 million to stockholders through dividends and stock buybacks in the fourth quarter and $4.3 billion in the year Increased quarterly cash dividend on common stock by 6 percent to $1.13 per share on January 16, 2025 Progressing with a Fluid Catalytic Cracking (FCC) Unit optimization project at the St. Charles Refinery Valero E
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. As a reminder, Valero will host a conference call on January 30, 2025, at 10 a.m. ET to discuss fourth quarter and full year 2024 earnings results, which will be released earlier that day, and to provide an update on company operations. Persons interested in listening
Valero Energy Corporation (NYSE:VLO) 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. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U
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. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. wi
Reported net income attributable to Valero stockholders of $364 million, or $1.14 per share Returned $907 million to stockholders through dividends and stock buybacks Successfully completed the Diamond Green Diesel (DGD) Port Arthur Sustainable Aviation Fuel (SAF) project in October 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. Refining The Refining segment reported operating income of $565 million for the third quarter of 2024, compared to $3.4 billion for the third quarter
Valero Energy Corporation (NYSE:VLO) 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. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, t
Reported net income attributable to Valero stockholders of $880 million, or $2.71 per share Declared a regular quarterly cash dividend on common stock of $1.07 per share on July 18 Returned $1.4 billion to stockholders through dividends and stock buybacks 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. Refining The Refining segment reported operating income of $1.2 billion for the second quarter of 2024, compared to $2.4 billion for the second quarter of 2023. Refining thr
Goldman upgraded Valero Energy from Sell to Neutral and set a new price target of $127.00
TD Cowen reiterated coverage of Valero Energy with a rating of Buy and set a new price target of $118.00 from $121.00 previously
TD Cowen reiterated coverage of Valero Energy with a rating of Buy and set a new price target of $140.00 from $145.00 previously
BofA Securities resumed coverage of Valero Energy with a rating of Neutral and set a new price target of $150.00
Wells Fargo upgraded Valero Energy from Equal Weight to Overweight and set a new price target of $165.00 from $172.00 previously
Piper Sandler downgraded Valero Energy from Overweight to Neutral and set a new price target of $123.00 from $169.00 previously
Wolfe Research resumed coverage of Valero Energy with a rating of Outperform and set a new price target of $177.00
Mizuho upgraded Valero Energy from Neutral to Outperform and set a new price target of $175.00 from $165.00 previously
Argus downgraded Valero Energy from Buy to Hold
TD Cowen reiterated coverage of Valero Energy with a rating of Buy and set a new price target of $185.00 from $190.00 previously
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
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SC 13G - VALERO ENERGY CORP/TX (0001035002) (Subject)
SC 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
4/A - VALERO ENERGY CORP/TX (0001035002) (Issuer)
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