Valero Energy is a multinational company engaged in the refining and marketing of petroleum products. It operates a diverse portfolio of refineries that convert crude oil and other feedstocks into various fuels and chemicals, including gasoline, diesel, and jet fuel. Additionally, Valero has a robust wholesale and retail distribution network, supplying its products to customers through a range of channels. The company is also involved in the production of renewable fuels and operates several facilities that focus on biofuels, reflecting a commitment to sustainability and reducing environmental impact. Valero's operations span across North America and the United Kingdom, positioning it as a key player in the global energy market.
Canada is considering export taxes on goods, including uranium, oil and potash, if President-elect Donald Trump imposes the broad tariffs he has pledged.
Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on January 30, 2025 at 10:00 a.m. ET to discuss 2024 fourth quarter and full year earnings results, which will be released earlier that day, and provide an update on company operations.
2024 hurricane season continues with deadly storms, threatening the Gulf Coast and potentially impacting companies such as Exxon Mobil, Chevron and Generac.
Valero Energy Corporation (NYSE: VLO, “Valero”) today announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero’s Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date.
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at the close of business on November 20, 2024.
Tech stocks outperformed on Thursday, driven by Tesla Inc. (NASDAQ:TSLA), which skyrocketed 18% in midday trading following stronger-than-expected quarterly financial results.
Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $364 million, or $1.14 per share, for the third quarter of 2024, compared to $2.6 billion, or $7.49 per share, for the third quarter of 2023.
Tech stocks outperformed on Thursday, driven by Tesla Inc. (NASDAQ:TSLA), which skyrocketed 18% in midday trading following stronger-than-expected quarterly financial results.
Southwest Airlines enters SAF supply agreement with Valero. Southwest will purchase a minimum of 3.6 million gallons of neat SAF for use in its operations as early as Q4 2024.
After starting the week with a negative session, U.S. markets rebounded on Tuesday, driven by falling oil prices, which helped alleviate concerns about a potential resurgence in inflation.
We need to get real about inflationary pressures; they haven’t gone away. This economy offers us high prices and pinched supply chains that are likely to push prices even higher.
