Valero Energy (VLO) Tops Q1 EPS by 5c, Revenues Beat

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Go back to Valero Energy (VLO) Tops Q1 EPS by 5c, Revenues Beat

Valero Energy Reports First Quarter 2019 Results

April 25, 2019 6:30 AM EDT

Reported net income attributable to Valero stockholders of $141 million, or $0.34 per share.Returned $411 million in cash, or 55 percent of adjusted cash flow from operating activities, to stockholders through dividends and stock buybacks.Completed a $1 billion public debt offering at a coupon of 4 percent.Created a new renewable diesel segment, which includes the results of Diamond Green Diesel, a consolidated joint venture.Completed the previously announced merger between Valero Energy Partners LP and a wholly owned subsidiary of Valero for $950 million.

SAN ANTONIO, April 25, 2019 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE: VLO,... More