{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-045978","form_type":"8-K","ticker":"VLO","cik":"0001035002","company_name":"VALERO ENERGY CORP/TX","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.603134+00:00","generated_at":"2026-05-17T02:24:48.503056+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Valero Q3 net income $1.1B ($3.53/share) vs $364M a year ago; adjusted EPS $3.66 beats","bullets":["Refining segment operating income $1.6B, up from $565M in Q3 2024; throughput 3.1M bpd at 97% utilization.","Renewable Diesel segment posted $28M operating loss vs $35M income; Ethanol segment income $183M vs $153M.","Returned $1.3B to shareholders ($351M dividends, $931M buybacks); payout ratio 78% of adjusted cash from ops.","St. Charles FCC optimization project ($230M) expected to start H2 2026; debt/cap ratio 18% net of cash.","Net cash from ops $1.9B; capital investments $409M in quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-045978","json":"https://secwatch.observer/filing/0001628280-25-045978.json","markdown":"https://secwatch.observer/filing/0001628280-25-045978.md","text":"https://secwatch.observer/filing/0001628280-25-045978.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035002/000162828025045978/0001628280-25-045978-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035002/000162828025045978/vlo-20251023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:24:48.503056+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"}