Valero Energy (VLO) Tops Q1 EPS by 16c, Revenues Beat

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Go back to Valero Energy (VLO) Tops Q1 EPS by 16c, Revenues Beat

Valero Energy Reports First Quarter 2021 Results

April 22, 2021 6:31 AM EDT

Reported a net loss attributable to Valero stockholders of $704 million, or $1.73 per share, including estimated excess energy cost of $579 million, or $1.15 per share, related to impacts from Winter Storm Uri Returned $400 million in cash to stockholders through dividends and declared a regular quarterly cash dividend of $0.98 per share Announced the development of a large-scale carbon capture and storage project with BlackRock and Navigator Announced the sale of a partial interest in the Pasadena marine terminal joint venture (MVP Terminalling) for $270 million

SAN ANTONIO--(BUSINESS WIRE)-- Valero Energy Corporation (NYSE:... More