Valero’s profit plunges but still beats analysts’ expectations
San Antonio oil refiner Valero Energy Corp. reported a sharp decline in earnings during the last three months of 2024 but still managed to top Wall Street’s expectations.
Valero Energy beats quarterly profit estimates on lower costs
Refiner Valero Energy beat fourth-quarter profit and revenue estimates on Thursday, helped by lower costs and steady output. Shares of the company rose 1.4% in premarket trading after the company also said profits doubled in its renewable diesel division and costs fell 10.
Valero Energy Q4 2024 Earnings Preview: Q4 results expected to take a hit
Valero Energy ( NYSE: VLO) is scheduled to announce Q4 earnings results on Thursday, January 30th, during market hours. Wall Street, on average, expects the Texas-based fuels producer to post a quarterly EPS of $0.06 (-98.3% Y/Y) on revenue of $30.02B (-15.2% Y/Y) in Q4.
Valero Energy Q4 Earnings Beat Expectations Despite Refining Woes: Details
Valero Energy Corporation (NYSE:VLO) reported a fourth-quarter sales decline of 13.2% year-on-year to $30.76 billion, beating the analyst consensus estimate of $30.20 billion. The Refining segment posted an operating income of $437 million,
Valero Energy Q4 profit slips but still beats estimates
Valero Energy on Thursday reported a sharp drop in refining profit and margins for the fourth quarter but still beat analyst estimates. The San Antonio, Texas-based posted earnings of 64 cents per share,
Valero slides despite Q4 beat as refining margins plunge
Valero Energy (NYSE:VLO) -2.3% despite easily beating expectations for Q4 adjusted earnings and revenues, as investors worried that refining margins would stay weak. Valero's (VLO) refining segment reported Q4 operating income of $437M,
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Valero Energy Corp. stock outperforms competitors despite losses on the day
This was the stock's second consecutive day of losses.
Positive Outlook for Valero Energy Amidst Strong Refining Prospects and Shareholder Commitment
Roger Read, an analyst from Wells Fargo, maintained the Buy rating on Valero Energy (VLO – Research Report). The associated price target was ...
Factbox-US Imports of Canadian and Mexican Crude Oil by Company
Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...
Valero Executive Says Tariffs on Canadian Energy Could Trim U.S. Refinery Output by 10% -- OPIS
U.S. tariffs on Canadian energy imports could reduce domestic refining output by as much as 10%, a Valero Energy official said on Thursday.
Analysts Offer Insights on Energy Companies: Valero Energy (VLO), National Energy Services Reunited (NESR) and Kinetik (KNTK)
There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Valero Energy (VLO – Research Report), National ...