{"schema_version":"secwatch.filing_event.v1","accession":"0001035002-23-000010","form_type":"8-K","ticker":"VLO","cik":"0001035002","company_name":"VALERO ENERGY CORP/TX","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.597314+00:00","generated_at":"2026-06-20T07:43:40.683998+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Valero Q4 net income $3.1B ($8.15/sh); full-year net income $11.5B ($29.04/sh)","bullets":["Q4 net income $3.1B ($8.15/sh); adjusted $3.2B ($8.45/sh); Refining operating income $4.3B vs $1.3B YoY.","Full-year net income $11.5B ($29.04/sh); adjusted $11.6B ($29.16/sh); generated $13.8B adjusted operating cash flow.","Debt reduced by $2.7B in 2022, total reduction $4.0B since H2 2021; debt-to-cap net of cash 21% vs 40% pandemic high.","Refinery utilization 97% in Q4, highest since 2018; DGD Port Arthur plant started ahead of schedule and under budget.","Renewable Diesel segment Q4 operating income $261M (+$111M YoY); Ethanol $7M vs $474M YoY due to lower prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001035002-23-000010","json":"https://secwatch.observer/filing/0001035002-23-000010.json","markdown":"https://secwatch.observer/filing/0001035002-23-000010.md","text":"https://secwatch.observer/filing/0001035002-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035002/000103500223000010/0001035002-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035002/000103500223000010/vlo-20230126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:43:40.683998+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"316d7bb6866b9b0a62c8566ecd1204eea3a84a21","claim":"VALERO ENERGY CORP/TX reported the fourth quarter ended December 31, 2022 results: net income $3.1 billion, EPS $8.15 per share.","evidence_excerpt":"Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $3.1 billion, or $8.15 per share, for the fourth quarter of 2022, compared to $1.0 billion, or $2.46 per share, for the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035002/000103500223000010/0001035002-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Net income","value":"$3.1 billion"},{"label":"EPS","value":"$8.15 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"80082d49b5ede485ba2031a2a2d4a820efbb0584","claim":"VALERO ENERGY CORP/TX reported the fiscal year ended December 31, 2022 results: net income $11.5 billion, EPS $29.04 per share.","evidence_excerpt":"For 2022, net income attributable to Valero stockholders was $11.5 billion, or $29.04 per share, compared to $930 million, or $2.27 per share, in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035002/000103500223000010/0001035002-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Net income","value":"$11.5 billion"},{"label":"EPS","value":"$29.04 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}