Valero Energy (VLO) Tops Q1 EPS by 67c

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Go back to Valero Energy (VLO) Tops Q1 EPS by 67c

Valero Energy Reports First Quarter 2022 Results

April 26, 2022 6:43 AM EDT

Reported net income attributable to Valero stockholders of $905 million, or $2.21 per share Reported adjusted net income attributable to Valero stockholders of $944 million, or $2.31 per share Returned $545 million in cash to stockholders, with $401 million paid as dividends and $144 million of stock buybacks Reduced Valeros long-term debt by $750 million in the first quarter and by $2.0 billion in six months Accelerated the expected completion of the Diamond Green Diesel project at Port Arthur (DGD 3) to the fourth quarter of 2022

SAN ANTONIO--(BUSINESS WIRE)-- Valero Energy Corporation (NYSE: VLO, Valero) today reported net... More