Welcome to our dedicated page for Valero Energy news (Ticker: VLO), a resource for investors and traders seeking the latest updates and insights on Valero Energy stock.
Valero Energy Corporation (VLO) maintains its position as a global leader in petroleum refining and renewable fuel production. This dedicated news hub provides investors and industry observers with essential updates on Valero's operational developments, strategic initiatives, and market positioning.
Access authoritative coverage of Valero's quarterly earnings reports, refinery operations updates, and renewable energy projects. Our curated collection includes official press releases, regulatory filings, and expert analysis of the company's refining capacity expansions and sustainable fuel ventures.
Key focus areas include petroleum market trends, ethanol production volumes, and advancements in sustainable aviation fuel technology through Valero's Diamond Green Diesel joint venture. Track the company's responses to energy market fluctuations and environmental regulations affecting refinery operations.
Bookmark this page for continuous access to Valero's latest corporate announcements, partnership developments, and industry leadership updates. Stay informed about critical operational changes and strategic decisions shaping one of North America's largest independent refiners.
Valero Energy Corporation (NYSE:VLO) is set to host a conference call on April 22, 2021, at 10:00 a.m. ET to discuss its first quarter 2021 earnings results and provide operational updates. Valero, based in San Antonio, Texas, operates 15 petroleum refineries with a total throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a production capacity of about 1.69 billion gallons per year. The company sells its products across various international markets through approximately 7,000 outlets.
Valero Energy Corporation (NYSE: VLO) will participate in two upcoming energy conferences in March 2021. The first is the Simmons Energy Conference on March 23, followed by the Scotia Howard Weil Energy Conference on March 24. Valero, a Fortune 50 company, operates 15 petroleum refineries and 13 ethanol plants, with a combined throughput capacity of around 3.2 million barrels per day and a production capacity of 1.69 billion gallons per year, respectively. For more information, visit www.investorvalero.com.
Valero Energy Corporation (NYSE: VLO) has partnered with BlackRock and Navigator Energy Services to develop a large-scale carbon capture and storage (CCS) pipeline system, spanning over 1,200 miles across five Midwest states. This initiative aims to transport and sequester up to 5 million metric tonnes of CO2 annually, with potential expansion to 8 million tonnes based on demand. As the largest renewable fuels producer in North America, Valero is set to be the anchor shipper for this project, which is expected to commence operations late in 2024.
Valero Energy Corporation (NYSE: VLO) announces participation in two key events: the Bank of America Merrill Lynch Refining Conference on March 11, 2021 and the Evercore ISI Energy Summit on March 17, 2021. Valero, a Fortune 50 company headquartered in San Antonio, Texas, operates 15 petroleum refineries with a throughput capacity of 3.2 million barrels per day and 13 ethanol plants that produce 1.69 billion gallons annually. The company is also involved in a joint venture for North America’s largest biomass-based diesel plant.
Valero Energy Corporation (NYSE: VLO) announced its participation in two significant events: the Credit Suisse Energy Summit on March 2, 2021, and the Morgan Stanley Energy & Power Conference on March 3, 2021. Valero is a Fortune 50 company based in San Antonio, Texas, operating 15 refineries with a total throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a production capacity of 1.69 billion gallons annually. The company markets its products across the U.S., Canada, U.K., Ireland, and Latin America.
Darling Ingredients and Valero Energy have received board approval to construct a new renewable diesel facility via their joint venture, Diamond Green Diesel (DGD), at Valero's Port Arthur refinery in Texas. This facility will produce 470 million gallons of renewable diesel annually, set to commence operations in late 2023. Combining this with the existing Norco facility’s capacity, DGD’s total output will reach approximately 1.2 billion gallons. The estimated construction cost is $1.45 billion, shared equally between the partners and funded by internal cash flows.
Valero Energy Corporation (NYSE: VLO) reported a net loss of $359 million, or $0.88 per share, for Q4 2020, a stark contrast to a net income of $1.1 billion, or $2.58 per share, in Q4 2019. For the full year, the company faced a net loss of $1.4 billion, or $3.50 per share, compared to a net income of $2.4 billion in 2019. The refining segment posted a $377 million operating loss, while renewable diesel reported $127 million in operating income. Despite challenges, Valero anticipates improved product demand and refining margins as global vaccine distribution progresses.
Valero Energy Corporation (NYSE:VLO) will host a conference call on January 28, 2021, at 10:00 a.m. ET to discuss its fourth quarter and full year earnings results for 2020, releasing the results earlier that day. The call will provide updates on company operations. Valero is a leading manufacturer and marketer of transportation fuels and petrochemical products, operating 15 refineries with a throughput capacity of approximately 3.2 million barrels per day, and 14 ethanol plants with a combined capacity of 1.73 billion gallons per year.
Valero Energy Corporation (NYSE: VLO) has declared a quarterly cash dividend of $0.98 per share, payable on December 9, 2020. Shareholders on record as of November 18, 2020 will receive this payment. Valero operates 15 petroleum refineries and 14 ethanol plants globally, with a combined throughput of approximately 3.2 million barrels per day and production capacity of 1.73 billion gallons per year, respectively. The company is a key player in transportation fuels and petrochemical products.
Valero Energy Corporation (NYSE: VLO) reported a net loss of $464 million, or $1.14 per share, for Q3 2020, a significant decline from $609 million net income in Q3 2019. Adjusted net loss stood at $472 million. The refining segment suffered a $629 million operating loss, while renewable diesel saw an increase in operating income to $184 million. Capital investments totaled $517 million, with a focus on sustaining business and growth projects in renewable diesel. Valero's long-term payout ratio is targeted between 40-50%, with Q3 dividends reaching $399 million.
