earnings
confidence high
sentiment negative
materiality 0.85
Valero Q1 net loss $595M ($1.90/share) on $1.1B asset impairment; adjusted EPS $0.89
VALERO ENERGY CORP/TX
2025-Q1 EPS reported
-$1.90
revenue$30,258,000,000
- Net loss $595M ($1.90 loss per share) vs net income $1.2B ($3.75) Q1 2024; adjusted net income $282M ($0.89) excludes $1.1B pre-tax West Coast impairment.
- Refining segment operating loss $530M; adjusted operating income $605M vs $1.8B Q1 2024; throughput 2.8M bpd.
- Renewable Diesel segment (DGD) operating loss $141M vs income $190M Q1 2024; ethanol operating income $20M.
- Issued $650M 5.15% Senior Notes due 2030; repaid $440M maturing notes; quarterly dividend raised 6% to $1.13/share.
- Returned $633M to stockholders via dividends ($356M) and buybacks ($277M); debt-to-capital net of cash 19%.