Valero Q1 net income $1.2B ($3.75 EPS), down from $3.1B YoY; dividend raised to $1.07/share

VALERO ENERGY CORP/TX

2024-Q1 EPS reported $3.75 revenue$31,759,000,000

GAAP EPS $3.75 vs $8.29 Q1 2023; adjusted EPS $3.82 vs $8.27.
Refining operating income $1.7B vs $4.1B YoY; Renewable Diesel $190M vs $205M.
Quarterly dividend increased to $1.07/share from $1.02; $1.4B returned to stockholders.
SAF project at DGD Port Arthur expected operational Q4 2024; total cost $315M, Valero share $157.5M.
Repaid $167M senior notes; net cash $4.9B, debt to cap ratio 17%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

VALERO ENERGY CORP/TX reported first quarter of 2024 results: net income $1.3 billion, EPS $3.82 per share.

Period: first quarter of 2024
Net income: $1.3 billion
EPS: $3.82 per share
Result: reported results

Exact text from the filing

reported net income attributable to Valero stockholders of $1.2 billion, or $3.75 per share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

VALERO ENERGY CORP/TX reported first quarter of 2024 results: net income $1.3 billion, EPS $3.82 per share.

Period: first quarter of 2024
Net income: $1.3 billion
EPS: $3.82 per share
Result: reported results

Exact text from the filing

adjusted net income attributable to Valero stockholders was $1.3 billion, or $3.82 per share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VALERO ENERGY CORP/TX reported first quarter ended March 31, 2024 results: net income $1.2 billion, EPS $3.75 per share.

Period: first quarter ended March 31, 2024
Net income: $1.2 billion
EPS: $3.75 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 first quarter ended March 31, 2024.

View on SEC.gov

1435 earnings releases filed in the last 30 days. Browse all earnings releases →

VALERO ENERGY CORP/TX filing history →

Source: SEC EDGAR

accession 0001035002-24-000020

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.