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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Valero Energy Corporation | NYSE:VLO | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 7.76 | 4.90% | 166.26 | 166.225 | 158.54 | 159.27 | 4,098,451 | 00:24:56 |
From May 2019 to May 2024
By Oliver Griffin
Valero Energy Corp. (VLO) on Thursday reported a 54% rise in first-quarter net profit, beating analyst expectations, as refinery production averaged 2.9 million barrels per day.
The San Antonio-based transportation fuels company earned a quarterly profit of $469 million, or $1.09 a diluted share, compared with $305 million, or $0.68, for the same period last year. Analysts expected a profit of $447 million, or $1.01 a share, according to FactSet.
Excluding items, Valero Energy reported an adjusted profit of $1.00 a share for the quarter, compared with $0.68 last year and analysts forecasts of $0.94.
Sales rose to $26.4 billion, from $21.8 billion for the first quarter ended March 31, 2017. This compares with analysts' forecasts of $23.2 billion, according to FactSet.
Chairman and Chief Executive Joe Gorder said that Valero's refineries are well-situated to meet the growing demand for refined products in Latin America.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
April 26, 2018 07:28 ET (11:28 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Valero Energy Chart |
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