Valero Energy (VLO) Tops Q2 EPS by 13c, Beats on Revenues

Valero Energy (NYSE: VLO) reported Q2 EPS of $1.23, $0.13 better than the analyst estimate of $1.10. Revenue for the quarter came in at $22.25 billion versus the consensus estimate of $20.14 billion.

• Reported net income attributable to Valero stockholders of $548 million, or $1.23 per share.
• Invested $461 million of growth and sustaining capital in the second quarter.
• Returned $658 million in cash to stockholders through dividends and stock buybacks.
• Expect Diamond Pipeline and Wilmington cogeneration projects to be complete and online by the end of 2017.

For earnings history and earnings-related data on Valero Energy (VLO) click here.

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