Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Valero Energy (VLO)
NYSE:VLO
Holding VLO?
Track your performance easily
Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.11Last Year’s EPS
3.55Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 6.95%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong operational achievements and shareholder returns, particularly in the renewable and U.S. wholesale markets. However, there were significant financial challenges, with notable declines in net income and refining segment income due to a weak margin environment. Despite these challenges, the company remains optimistic about future projects and demand trends.Company Guidance
During the third quarter 2024 earnings call for Valero Energy Corporation, management provided detailed guidance on several key metrics. Refining throughput volumes were reported at an average of 2.9 million barrels per day, reflecting a 90% throughput capacity utilization in a challenging margin environment. The company maintained its strong shareholder returns with a payout ratio of 84% for the quarter. Looking forward, Valero expects its 2024 capital investments to be approximately $2 billion, with $1.6 billion dedicated to sustaining the business and the remainder towards growth, particularly in low carbon fuels. For the fourth quarter, refining throughput volumes are projected to be between 1.83 million to 1.88 million barrels per day in the Gulf Coast, with corresponding cash operating expenses expected to be around $4.60 per barrel. These insights underscore Valero's focus on operational efficiency and strategic investments amidst fluctuating market conditions.Diamond Green Diesel SAF Project Completion
The Diamond Green Diesel Sustainable Aviation Fuel project is now mechanically complete, ahead of schedule and under budget, highlighting operational excellence.
Strong Shareholder Returns
Valero returned $907 million to stockholders in the third quarter with a payout ratio of 84%, with year-to-date returns totaling $3.7 billion.
Record U.S. Wholesale Volumes
Valero's U.S. wholesale volumes exceeded 1 million barrels per day for the second consecutive quarter, indicating strong demand.
Renewable Diesel Sales Increase
Renewable diesel sales volumes averaged 3.5 million gallons per day, which was 552,000 gallons per day higher than the third quarter of 2023.
---
VLO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
VLO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $131.89 | $130.37 | -1.15% |
| Jul 25, 2024 | $146.72 | $154.79 | +5.50% |
| Apr 25, 2024 | $163.51 | $163.64 | +0.08% |
| Jan 25, 2024 | $126.47 | $130.66 | +3.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Valero Energy (VLO) report earnings?
Valero Energy (VLO) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Valero Energy (VLO) earnings time?
Valero Energy (VLO) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VLO EPS forecast?
VLO EPS forecast for the fiscal quarter 2024 (Q4) is 0.11.
---