{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-082159","form_type":"8-K","ticker":"VLO","cik":"0001035002","company_name":"VALERO ENERGY CORP/TX","filed_at":"2025-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.229609+00:00","generated_at":"2026-05-23T12:58:37.856332+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Valero to idle/restructure Benicia refinery, records $1.1B impairment on California assets","bullets":["Valero subsidiary notified California Energy Commission of intent to idle/restructure/cease Benicia Refinery by end of April 2026.","Recorded combined pre-tax impairment of $1.1B for Benicia and Wilmington refineries as of March 31, 2025.","Impairment includes $337M asset retirement obligations; charge to be excluded from Q1 2025 adjusted earnings.","Company continues evaluating strategic alternatives for remaining California operations.","Charge reflects non-recoverability of carrying values; significant judgment used in estimates."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-082159","json":"https://secwatch.observer/filing/0001193125-25-082159.json","markdown":"https://secwatch.observer/filing/0001193125-25-082159.md","text":"https://secwatch.observer/filing/0001193125-25-082159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035002/000119312525082159/0001193125-25-082159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035002/000119312525082159/d84892d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T12:58:37.856332+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}