Highest-materiality recent filing
Valero Q1 net income $1.3B ($4.22/sh); dividend raised 6% to $1.20
Reported net income of $1.3B ($4.22/sh) vs net loss $595M ($1.90/sh) in Q1 2025; adjusted Q1 2025 net income $282M ($0.89/sh).
Valero Q4 net income $1.1B vs $281M YoY; dividend raised 6% to $1.20/share
Adjusted EPS $3.82 for Q4 2025 vs $0.64 in Q4 2024; full-year adjusted EPS $10.61 vs $8.48.
Jason Fraser to retire as EVP and CFO on Dec 31, 2025; will remain as employee into Q1 2026.
Valero Q3 net income $1.1B ($3.53/share) vs $364M a year ago; adjusted EPS $3.66 beats
Refining segment operating income $1.6B, up from $565M in Q3 2024; throughput 3.1M bpd at 97% utilization.
Valero Q2 net income $714M ($2.28 EPS) down from $880M; refining income up, renewable diesel loss
Net income $714M ($2.28 EPS) vs $880M ($2.71 EPS) in Q2 2024; refining operating income $1.3B vs $1.2B.
Valero Q1 net loss $595M ($1.90/share) on $1.1B asset impairment; adjusted EPS $0.89
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.
Valero to idle/restructure Benicia refinery, records $1.1B impairment on California assets
Valero subsidiary notified California Energy Commission of intent to idle/restructure/cease Benicia Refinery by end of April 2026.
Valero prices $650M of 5.150% Senior Notes due 2030
$650M aggregate principal amount of 5.150% Senior Notes due 2030 issued.
Valero Q4 net income $281M ($0.88 EPS); down 76% YoY; dividend raised 6% to $1.13
Q4 GAAP net income $281M ($0.88 diluted EPS) versus $1.2B ($3.55) in Q4 2023; adjusted EPS $0.64
Valero Q4 net income plunges 77% to $281M; FY2024 EPS $8.58 vs $24.93
Q4 revenue $30.8B, down 13% YoY from $35.4B; operating income $348M vs $1.55B.
Valero Chairman Joseph Gorder to retire Dec 31; CEO Riggs to become Chairman
Joseph W. Gorder retires as Executive Chairman and Board member effective Dec 31, 2024.
Valero Q3 net income $364M ($1.14 EPS) vs $2.6B ($7.49) YoY; refining down sharply
Refining segment operating income $565M vs $3.4B YoY; throughput avg 2.9M bpd amid heavy maintenance.
Valero Q2 net income falls to $880M ($2.71/share) from $1.9B ($5.40) YoY
Refining segment operating income $1.2B, down from $2.4B in Q2 2023.
Valero Q1 net income $1.2B ($3.75 EPS), down from $3.1B YoY; dividend raised to $1.07/share
GAAP EPS $3.75 vs $8.29 Q1 2023; adjusted EPS $3.82 vs $8.27.
On May 7, 2026, Eric A. Fisher, Senior Vice President Product Supply, Trading and Wholesale of Valero Energy Corporation (“Valero”), informed Valero that he intends to retire on or about July 1, 2026.
director Robert A. Profusek retired from the board of directors (the “Board”) of Valero Energy Corporation (“Valero”) in accordance with the terms of Valero’s director retirement policy.
Joseph W. Gorder has elected to retire from his position as Executive Chairman and as a member of the of the board of directors of Valero (the “Board”) effective as of the close of business on December 31, 2024 (the “Effective Date”).
the Board has elected R. Lane Riggs, Valero’s Chief Executive Officer and President, and member of the Board, to the additional position of Chairman of the Board effective as of the Effective Date.
effective May 15, 2024, director Donald L. Nickles retired from the Board in accordance with the terms of Valero Energy Corporation’s (“Valero”) director retirement policy.
Max materiality 0.85 · Median 0.70 · Most common event earnings