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Valero Energy Corp (VLO.N)

VLO.N on New York Stock Exchange

92.76USD
19 Oct 2018
Change (% chg)

$-10.63 (-10.28%)
Prev Close
$103.39
Open
$98.50
Day's High
$100.29
Day's Low
$92.51
Volume
2,603,759
Avg. Vol
813,206
52-wk High
$126.98
52-wk Low
$75.84

Latest Key Developments (Source: Significant Developments)

Valero Energy Corp And Valero Energy Partners LP Announce Definitive Merger Agreement
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Valero Energy Corp ::VALERO ENERGY CORPORATION AND VALERO ENERGY PARTNERS LP ANNOUNCE DEFINITIVE MERGER AGREEMENT; VALERO ENERGY PARTNERS LP DECLARES QUARTERLY DISTRIBUTION.VALERO ENERGY CORP - DEAL FOR FOR AN AGGREGATE TRANSACTION VALUE OF APPROXIMATELY $950 MILLION.VALERO ENERGY CORP - VALERO WILL ACQUIRE, FOR CASH, ALL OUTSTANDING PUBLICLY HELD COMMON UNITS OF PARTNERSHIP AT A PRICE OF $42.25 PER COMMON UNIT.VALERO ENERGY CORP - UPON CLOSING, PARTNERSHIP WILL BE INDIRECT SUBSIDIARY OF VALERO AND WILL CEASE TO BE A PUBLICLY HELD PARTNERSHIP.VALERO -UNDER MERGER AGREEMENT, PRIOR TO CLOSING OF DEAL, GP BOARD MAY NOT DECLARE,& PARTNERSHIP MAY NOT PAY, ANY DISTRIBUTION OTHER THAN Q3 DISTRIBUTION.VALERO ENERGY - PARTNERSHIP HAS NOT SOLICITED & IS NOT SOLICITING APPROVAL OF TRANSACTION BY HOLDERS OF PARTNERSHIP'S COMMON UNITS.VALERO ENERGY CORP - CO'S UNIT AGREED TO DELIVER A WRITTEN CONSENT APPROVING TRANSACTION PRIOR TO CLOSING THEREOF.VALERO ENERGY CORP - VALERO SPECIAL COMMITTEE HAS UNANIMOUSLY APPROVED TRANSACTION.  Full Article

Darling Ingredients Says Diamond Green Diesel Resumed Production At Its Norco, LA, Facility
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Darling Ingredients Inc ::DARLING INGREDIENTS - DIAMOND GREEN DIESEL RESUMED PRODUCTION AT ITS NORCO, LA, FACILITY.  Full Article

Valero Energy Files For Potential Debt Shelf Offering
Thursday, 17 May 2018 

May 17 (Reuters) - Valero Energy Corp ::VALERO ENERGY CORP FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Valero Says Acquires Pure Biofuels Del Peru
Monday, 14 May 2018 

May 14 (Reuters) - Valero Energy Corp ::VALERO ACQUIRES PURE BIOFUELS DEL PERU.VALERO ENERGY - THROUGH UNITS, ACQUIRED PURE BIOFUELS DEL PERU S.A.C. FROM PEGASUS CAPITAL ADVISORS, PBF MANAGEMENT EFFECTIVE MAY 14.VALERO ENERGY - TRANSACTION, WHICH WAS FUNDED WITH CASH, ALSO INCLUDES REFINED PRODUCTS TERMINALS IN CALLAO AND IN PAITA.  Full Article

Valero Energy - Gasoline Exports Totaled 73,000 bpd In Q1 - Conf Call
Thursday, 26 Apr 2018 

April 26 (Reuters) - Valero Energy Corp ::EXPECT Q2 THROUGHPUT VOLUMES TO RANGE BETWEEN 1.61 MILLION AND 1.66 MILLION BPD IN U.S. GULF COAST - CONF CALL.EXPECT SECOND QUARTER REFINING CASH OPERATING EXPENSES TO BE ABOUT $3.85 PER BARREL- CONF CALL.EXPECT ETHANOL BUSINESS TO TOTAL 4 MILLION GALLONS PER DAY IN Q2 - CONF CALL.EXPECT RINS EXPENSE TO BE BETWEEN $500 MILLION AND $600 MILLION THIS YEAR - CONF CALL.VALERO ENERGY- EXPECT RETAIL GASOLINE DEMAND TO BE HIT IF CRUDE RISES TO $80-$100 PER BARREL - CONF CALL.VALERO ENERGY - DON'T THINK THERE ARE SIGNIFICANT OPPORTUNITIES FOR CONSOLIDATION IN THE REFINING BUSINESS - CONF CALL.VALERO ENERGY - GASOLINE EXPORTS TOTALED 73,000 BPD IN Q1 AND DIESEL 163,000 BPD IN Q1 - CONF CALL.  Full Article

Valero Energy Q1 Adjusted Earnings Per Share $1.00
Thursday, 26 Apr 2018 

April 26 (Reuters) - Valero Energy Corp ::VALERO ENERGY REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $1.09.Q1 ADJUSTED EARNINGS PER SHARE $1.00.Q1 EARNINGS PER SHARE VIEW $0.94 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUES $26,439 MILLION VERSUS $21,772 MILLION.CAPITAL INVESTMENT PLANS FOR 2018 REMAIN AT $2.7 BILLION.QTRLY REFINERY THROUGHPUT CAPACITY UTILIZATION WAS 94 PERCENT.Q1 REVENUE VIEW $22.88 BILLION -- THOMSON REUTERS I/B/E/S.THROUGHPUT VOLUMES AVERAGED 2.9 MILLION BARRELS PER DAY IN Q1 OF 2018, WHICH IS 93,000 BARRELS PER DAY HIGHER THAN Q1 OF 2017.BOARD APPROVED CONSTRUCTION OF A 45 MEGAWATT COGENERATION PLANT AT PEMBROKE REFINERY.$170 MILLION PROJECT AT PEMBROKE REFINERY IS EXPECTED TO BE COMPLETED IN 2020.CAPITAL INVESTMENT PLANS FOR 2018 REMAIN AT $2.7 BILLION.CONTINUES TO TARGET A TOTAL PAYOUT RATIO BETWEEN 40 AND 50 PERCENT OF ADJUSTED NET CASH PROVIDED BY OPERATING. ACTIVITIES FOR 2018.VALERO ENERGY - CONTINUES TO TARGET TOTAL PAYOUT RATIO BETWEEN 40 AND 50 PERCENT OF ADJUSTED NET CASH PROVIDED BY OPERATING ACTIVITIES FOR 2018.  Full Article

No Injuries From Explosion at Valero's Texas City Refinery - Emergency Management
Thursday, 19 Apr 2018 

April 19 (Reuters) - :TEXAS CITY EMERGENCY MANAGEMENT SAYS NO INJURIES FROM EXPLOSION AT VALERO'S <<>> TEXAS CITY REFINERY.  Full Article

Valero Energy Sees FY 2017 Capital Expenditures $2,400 Mln
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Valero Energy Corp ::VALERO ENERGY SAYS SEES FY 2017 CAPITAL EXPENDITURES $2,400 MILLION .  Full Article

Valero Corpus Christi, Texas refinery reports compressor emissions
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Valero Energy Corp ::Valero Corpus Christi, Texas refinery West plant reports faulty positioner valve providing steam to a compressor.Valero Corpus Christi, Texas refinery West plant reports replaced positioner valve.Valero Corpus Christi, Texas refinery West plant reports emissions from complex 3 compressor, main flare.  Full Article

Darling Ingredients, Valero initiate review to analyze growing annual production capacity
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Darling Ingredients Inc :Darling Ingredients- says ‍co and Valero initiate review to analyze growing annual production capacity to 550 million gallons at DGD facility in Norco​.Darling Ingredients Inc says ‍proposed expansion would utilize existing dgd infrastructure and be built on property owned by Valero​.  Full Article

Expanding ethanol sales would have limited U.S. market impact -analysts

CHICAGO, Oct 15 The Trump administration's plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said.