---
schema_version: "secwatch.filing_event.v1"
accession: "0001035002-22-000003"
form_type: "8-K"
ticker: "VLO"
cik: "0001035002"
company_name: "VALERO ENERGY CORP/TX"
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T14:36:55.483054+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Valero Q4 net income $1,009M ($2.46 EPS) vs loss a year ago; debt reduced $693M

## Summary
- Adjusted net income $1,012M ($2.47 EPS); refining segment operating income $1.3B vs loss of $377M a year ago.
- Q4 refinery throughput 3.0M bpd, up 483k bpd YoY; renewable diesel sales 1.6M gal/day, up 974k gal/day.
- Reduced long-term debt $693M in Q4 and $1.3B for full year 2021; returned $401M to shareholders via dividends.
- DGD 2 expansion at St. Charles commenced ahead of schedule; DGD 3 at Port Arthur now expected Q1 2023.
- Full-year 2021 net income $930M ($2.27 EPS) vs net loss $1,421M ($3.50 loss per share) in 2020.

## SEC filing metadata
- accession: 0001035002-22-000003
- form_type: 8-K
- ticker: VLO
- cik: 0001035002
- company_name: VALERO ENERGY CORP/TX
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035002/000103500222000003/0001035002-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035002/000103500222000003/vlo-20220127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035002-22-000003
- JSON: https://secwatch.observer/filing/0001035002-22-000003.json
- Plain text: https://secwatch.observer/filing/0001035002-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.