Valero Energy (VLO) Tops Q3 EPS by 21c

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Valero Energy Reports Third Quarter 2020 Results

October 22, 2020 6:30 AM EDT

Reported net loss attributable to Valero stockholders of $464 million, or $1.14 per share. Reported adjusted net loss attributable to Valero stockholders of $472 million, or $1.16 per share. Issued $2.5 billion of Senior Notes for general corporate purposes. 2020 and 2021 capital investments attributable to Valero forecasted at $2.0 billion for each year. Returned $399 million in cash to stockholders through dividends.

SAN ANTONIO--(BUSINESS WIRE)-- Valero Energy Corporation (NYSE: VLO, Valero) today reported a net loss attributable to Valero stockholders of $464 million, or $1.14 per share, for the third quarter of 2020 compared to net income of $609... More