Valero Energy Corp.

NYSE:VLO   1:07:47 PM EDT
+1.89 (+1.60%)
Earnings Announcements

Valero Energy Reports Q2 2022 Results

Published: 07/28/2022 10:48 GMT
Valero Energy Corp. (VLO) - Valero Energy Reports Second Quarter 2022 Results.
Q2 Adjusted Earnings per Share $11.36.
Q2 Earnings per Share $11.57.
Refining Segment Reported Operating Income of $6.2 Billion for Q2 of 2022, Compared to $349 Million for Q2 of 2021.
Refinery Optimization Projects That Are Expected to Reduce Costs and Improve Margin Capture Are Progressing on Schedule.
Port Arthur Coker Project, Expected to Be Completed in First Half of 2023.
Qtrly Revenues $51.64 Billion Versus $27.75 Billion.
Q2 Earnings per Share View $9.58, Revenue View $47.92 Billion -- Refinitiv Ibes Data (analyst estimates).
Dgd Project Located Next to Valero's Port Arthur Refinery (dgd 3) Should Commence Operations in Q4 of 2022.
Blackrock and Navigator's Carbon Sequestration Project is Still Expected to Begin Startup Activities in Late 2024.
Revenue is expected to be $39.97 Billion
Adjusted EPS is expected to be $7.15

Next Quarter Revenue Guidance is expected to be $39.89 Billion
Next Quarter EPS Guidance is expected to be $4.27

More details on our Analysts Page.