secwatch.observer — SEC 8-K summary
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Issuer:     VALERO ENERGY CORP/TX (VLO)
CIK:        0001035002
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001035002-21-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valero Q3 2021 net income $463M ($1.13 EPS), refining ops income $835M vs loss year ago
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- Reported net income of $463M ($1.13 per share); adjusted net income $500M ($1.22 per share).
- Refining segment operating income of $835M vs a $629M loss in Q3 2020; throughput up 338k bpd.
- Renewable diesel segment operating income $108M; DGD 2 expansion completed on budget and ahead of schedule.
- Returned $400M to stockholders via dividends; redeemed $575M Floating Rate Senior Notes due 2023.
- Capital investments attributable to Valero forecasted at $2.0B for 2021; DGD 3 expected in early 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035002/000103500221000115/0001035002-21-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035002/000103500221000115/vlo-20211021.htm
  HTML page:      https://secwatch.observer/filing/0001035002-21-000115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer