Valero Energy Stock News

Valero Energy on Thursday said it would cease operations at its 170,000-barrel-per-day San Francisco-area oil refinery next year amid worries about California's declining fuel supplies and high gasoline prices.

Valero Energy Corporation (NYSE:VLO ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Homer Bhullar - VP, IR & Finance Lane Riggs - CEO, President & Chairman Eric Fisher - SVP, Product Supply, Trading & Wholesale Jason Fraser - EVP & CFO Richard Walsh - EVP & General Counsel Conference Call Participants Manav Gupta - UBS Roger Read - Wells Fargo Ryan Todd - Pipe...

Valero Energy (VLO -1.86%), a leading international manufacturer and marketer of transportation fuels, petrochemicals, and power, delivered a mixed financial performance in its Q1 2025 earnings announced on April 24, 2025. Despite surpassing revenue estimates, with $30.3 billion against the anticipated $28.8 billion, the company reported significant challenges, including a GAAP net loss driven ...

Valero Energy reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins during a quarter marked by elevated maintenance and turnaround activity across the U.S. refining sector.

SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) today reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share, for the first quarter of 2025, compared to net income of $1.2 billion, or $3.75 per share, for the first quarter of 2024. Excluding the pre-tax $1.1 billion, or $877 million after-tax, asset impairment loss related to th...

Valero Energy Corp said on Wednesday it was taking a $1.1 billion pre-tax impairment related to its California refineries and told state regulators it would permanently shut or restructure its San Francisco-area refinery in Benicia, California by the end of April 2026.

SAN ANTONIO--(BUSINESS WIRE)--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 r...

Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors.