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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.545 | 0.35% | 157.885 | 158.885 | 156.33 | 157.86 | 116,109 | 14:51:31 |
From May 2019 to May 2024
By Dave Sebastian
Valero Energy Corp. turned a loss for the first quarter as revenue fell.
The oil and gas company posted loss of $1.85 billion, or $4.54 a share, compared with a profit of $141 million, or 34 cents a share, in the comparable quarter last year.
Adjusted earnings were 34 cents a share. Analysts polled by FactSet were looking for adjusted losses of 15 cents a share.
Revenue was $22.1 billion, down from $24.26 billion in the year-ago period. Cost of sales rose to $24.19 billion from $23.73 billion in the prior year.
The company said it expects to invest about $2.1 billion of capital this year, $400 million lower than its prior guidance.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
April 29, 2020 07:40 ET (11:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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