---
schema_version: "secwatch.filing_event.v1"
accession: "0001035002-22-000043"
form_type: "8-K"
ticker: "VLO"
cik: "0001035002"
company_name: "VALERO ENERGY CORP/TX"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:14:07.431287+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Valero Q2 2022 net income $4.7B ($11.57 EPS) vs $162M year ago; refining op income $6.2B

## Summary
- Adjusted net income $4.6B ($11.36 EPS) vs $260M ($0.63) in Q2 2021.
- Refining segment operating income $6.2B vs $349M last year; throughput 3.0M bpd.
- Reduced debt by $300M via GO Zone bond acquisition; total debt reduction of $2.3B since H2 2021.
- DGD renewable diesel segment op income $152M; DGD 3 expected to start Q4 2022 (470M gal/yr capacity).
- Capital investments $653M; liquidity $5.4B cash; debt-to-cap net of cash 25%.

## SEC filing metadata
- accession: 0001035002-22-000043
- form_type: 8-K
- ticker: VLO
- cik: 0001035002
- company_name: VALERO ENERGY CORP/TX
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035002/000103500222000043/0001035002-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035002/000103500222000043/vlo-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035002-22-000043
- JSON: https://secwatch.observer/filing/0001035002-22-000043.json
- Plain text: https://secwatch.observer/filing/0001035002-22-000043.txt

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