secwatch.observer — SEC 8-K summary
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Issuer:     VALERO ENERGY CORP/TX (VLO)
CIK:        0001035002
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001035002-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valero Q4 EPS $3.55 vs $8.15 YoY; FY EPS $24.92; dividend raised 5% to $1.07
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035002/000103500224000004/0001035002-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035002/000103500224000004/vlo-20240125.htm
  HTML page:      https://secwatch.observer/filing/0001035002-24-000004

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