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Valero Energy Corp (VLO.N)

VLO.N on New York Stock Exchange

111.00USD
17 Aug 2018
Change (% chg)

$-0.32 (-0.29%)
Prev Close
$111.32
Open
$111.95
Day's High
$112.15
Day's Low
$110.61
Volume
462,233
Avg. Vol
903,766
52-wk High
$126.98
52-wk Low
$64.26

Latest Key Developments (Source: Significant Developments)

Valero Energy Files For Potential Debt Shelf Offering
Thursday, 17 May 2018 

May 17 (Reuters) - Valero Energy Corp ::VALERO ENERGY CORP FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Valero Says Acquires Pure Biofuels Del Peru
Tuesday, 15 May 2018 

May 14 (Reuters) - Valero Energy Corp ::VALERO ACQUIRES PURE BIOFUELS DEL PERU.VALERO ENERGY - THROUGH UNITS, ACQUIRED PURE BIOFUELS DEL PERU S.A.C. FROM PEGASUS CAPITAL ADVISORS, PBF MANAGEMENT EFFECTIVE MAY 14.VALERO ENERGY - TRANSACTION, WHICH WAS FUNDED WITH CASH, ALSO INCLUDES REFINED PRODUCTS TERMINALS IN CALLAO AND IN PAITA.  Full Article

Valero Energy - Gasoline Exports Totaled 73,000 bpd In Q1 - Conf Call
Thursday, 26 Apr 2018 

April 26 (Reuters) - Valero Energy Corp ::EXPECT Q2 THROUGHPUT VOLUMES TO RANGE BETWEEN 1.61 MILLION AND 1.66 MILLION BPD IN U.S. GULF COAST - CONF CALL.EXPECT SECOND QUARTER REFINING CASH OPERATING EXPENSES TO BE ABOUT $3.85 PER BARREL- CONF CALL.EXPECT ETHANOL BUSINESS TO TOTAL 4 MILLION GALLONS PER DAY IN Q2 - CONF CALL.EXPECT RINS EXPENSE TO BE BETWEEN $500 MILLION AND $600 MILLION THIS YEAR - CONF CALL.VALERO ENERGY- EXPECT RETAIL GASOLINE DEMAND TO BE HIT IF CRUDE RISES TO $80-$100 PER BARREL - CONF CALL.VALERO ENERGY - DON'T THINK THERE ARE SIGNIFICANT OPPORTUNITIES FOR CONSOLIDATION IN THE REFINING BUSINESS - CONF CALL.VALERO ENERGY - GASOLINE EXPORTS TOTALED 73,000 BPD IN Q1 AND DIESEL 163,000 BPD IN Q1 - CONF CALL.  Full Article

Valero Energy Q1 Adjusted Earnings Per Share $1.00
Thursday, 26 Apr 2018 

April 26 (Reuters) - Valero Energy Corp ::VALERO ENERGY REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $1.09.Q1 ADJUSTED EARNINGS PER SHARE $1.00.Q1 EARNINGS PER SHARE VIEW $0.94 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUES $26,439 MILLION VERSUS $21,772 MILLION.CAPITAL INVESTMENT PLANS FOR 2018 REMAIN AT $2.7 BILLION.QTRLY REFINERY THROUGHPUT CAPACITY UTILIZATION WAS 94 PERCENT.Q1 REVENUE VIEW $22.88 BILLION -- THOMSON REUTERS I/B/E/S.THROUGHPUT VOLUMES AVERAGED 2.9 MILLION BARRELS PER DAY IN Q1 OF 2018, WHICH IS 93,000 BARRELS PER DAY HIGHER THAN Q1 OF 2017.BOARD APPROVED CONSTRUCTION OF A 45 MEGAWATT COGENERATION PLANT AT PEMBROKE REFINERY.$170 MILLION PROJECT AT PEMBROKE REFINERY IS EXPECTED TO BE COMPLETED IN 2020.CAPITAL INVESTMENT PLANS FOR 2018 REMAIN AT $2.7 BILLION.CONTINUES TO TARGET A TOTAL PAYOUT RATIO BETWEEN 40 AND 50 PERCENT OF ADJUSTED NET CASH PROVIDED BY OPERATING. ACTIVITIES FOR 2018.VALERO ENERGY - CONTINUES TO TARGET TOTAL PAYOUT RATIO BETWEEN 40 AND 50 PERCENT OF ADJUSTED NET CASH PROVIDED BY OPERATING ACTIVITIES FOR 2018.  Full Article

No Injuries From Explosion at Valero's Texas City Refinery - Emergency Management
Friday, 20 Apr 2018 

April 19 (Reuters) - :TEXAS CITY EMERGENCY MANAGEMENT SAYS NO INJURIES FROM EXPLOSION AT VALERO'S <<>> TEXAS CITY REFINERY.  Full Article

Valero Energy Sees FY 2017 Capital Expenditures $2,400 Mln
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Valero Energy Corp ::VALERO ENERGY SAYS SEES FY 2017 CAPITAL EXPENDITURES $2,400 MILLION .  Full Article

Valero Corpus Christi, Texas refinery reports compressor emissions
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Valero Energy Corp ::Valero Corpus Christi, Texas refinery West plant reports faulty positioner valve providing steam to a compressor.Valero Corpus Christi, Texas refinery West plant reports replaced positioner valve.Valero Corpus Christi, Texas refinery West plant reports emissions from complex 3 compressor, main flare.  Full Article

Darling Ingredients, Valero initiate review to analyze growing annual production capacity
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Darling Ingredients Inc :Darling Ingredients- says ‍co and Valero initiate review to analyze growing annual production capacity to 550 million gallons at DGD facility in Norco​.Darling Ingredients Inc says ‍proposed expansion would utilize existing dgd infrastructure and be built on property owned by Valero​.  Full Article

Valero Energy Q3 earnings per share $1.91
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Valero Energy Corp :Valero Energy reports third quarter 2017 results.Q3 earnings per share $1.91.Q3 earnings per share view $1.83 -- Thomson Reuters I/B/E/S.Valero Energy Corp - ‍expect diamond pipeline and wilmington cogeneration projects to start up in December​.Valero Energy Corp qtrly operating revenues of $‍​23,562 million versus $19,649 million.Valero Energy Corp - ‍Hurricane Harvey disrupted operations at five of co's refineries during quarter​.Valero Energy Corp - ‍ continues to target $2.7 billion of total capital investments this year​.Valero Energy Corp qtrly ‍refinery throughput capacity utilization was 92 percent.Valero Energy Corp qtrly ‍throughput volumes averaged 2.9 million barrels per day​.Q3 revenue view $19.03 billion -- Thomson Reuters I/B/E/S.  Full Article

Valero Energy Partners LP announces acquisitions of Port Arthur Terminal assets and Parkway Pipeline LLC for $508 mln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Valero Energy Partners LP :Valero Energy Partners LP announces acquisitions of the Port Arthur Terminal assets and Parkway Pipeline LLC for $508 million.Valero Energy Partners LP - ‍ To finance acquisitions primarily with borrowings under revolving credit facility, cash on hand.Valero Energy Partners - ‍Newly issued units will be allocated in proportion allowing general partner to maintain 2 percent general partner interest​.Valero Energy Partners LP - ‍Upon closing partnership plans to enter into separate 10-year terminaling and transportation agreements with Valero​.Valero Energy Partners LP - ‍ To also finance acquisitions primarily with issuance of additional common units, general partner units to Valero units​.Valero Energy - ‍In first 12 mths, acquired operations expected to contribute about $24 million and $60 million of net income and EBITDA, respectively​.  Full Article

WRAPUP-2-Valero, Marathon beat profit estimates as refining margins rise

July 26 Two of the biggest independent oil refiners in the United States beat Wall Street profit estimates on Thursday as greater processing of cheap, light crude from West Texas helped boost margins.