8-K
filed January 25, 2024, 6:59 PM ET
ticker VLO
CIK 0001035002
earnings
confidence high
sentiment neutral
materiality 0.75
Valero Q4 EPS $3.55 vs $8.15 YoY; FY EPS $24.92; dividend raised 5% to $1.07
VALERO ENERGY CORP/TX
2023-FY EPS reported
$24.92
revenue$144,766,000,000
- Q4 net income $1.2B ($3.55 EPS) vs $3.1B ($8.15 EPS) in Q4 2022.
- Full-year net income $8.8B ($24.92 EPS) vs $11.5B ($29.04 EPS) in 2022.
- Refining segment operating income $1.6B in Q4 vs $4.3B in Q4 2022.
- Returned $1.3B in Q4 ($346M dividends, $966M buybacks); raised quarterly dividend 5% to $1.07/share.
- SAF project at DGD Port Arthur on schedule for Q1 2025; cost $315M (50% Valero).
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
VALERO ENERGY CORP/TX reported the year ended December 31, 2023 results: net income $8.8 billion, or $24.92 per share.
- Period
- the year ended December 31, 2023
- Net income
- $8.8 billion, or $24.92 per share
- Result
- reported results
Exact text from the filing
For 2023, net income attributable to Valero stockholders was $8.8 billion, or $24.92 per share, compared to $11.5 billion, or $29.04 per share, in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.97
VALERO ENERGY CORP/TX reported the fourth quarter ended December 31, 2023 results: net income $1.2 billion, or $3.55 per share.
- Period
- the fourth quarter ended December 31, 2023
- Net income
- $1.2 billion, or $3.55 per share
- Result
- reported results
Exact text from the filing
Valero Energy Corporation (the “Company”) issued a press release announcing the Company’s financial and operating results for the fourth quarter ended December 31, 2023.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.