Valero Energy (VLO) Tops Q1 EPS by 49c, Revenues Beat
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Valero Energy Reports First Quarter 2020 Results
April 29, 2020 6:30 AM EDTReported net loss attributable to Valero stockholders of $1.9Â billion, or $4.54Â per share.Reported adjusted net income attributable to Valero stockholders of $140Â million, or $0.34Â per share.Returned $548 million in cash to stockholders through dividends and stock buybacks during the quarter and declared a quarterly common stock dividend of $0.98 per share on April 24.Deferred approximately $100 million in tax payments due in the first quarter of 2020 and deferring approximately $400 million in capital projects for 2020.Entered into a new 364-day $875... More
