The Board of Directors of Valero Energy Corp. has declared a regular quarterly cash dividend on common stock of $1.02 per share. The dividend is payable on September 5, 2023 to holders of record at the close of business on August 3, 2023. About Valero Valero Energy Corp., through its subsidiaries , is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical [...]
Valero Energy Corp. announced today that Gary K. Simmons, Valero's Executive Vice President and Chief Commercial Officer, has been promoted and elected by the Board of Directors as Executive Vice President and Chief Operating Officer of Valero, effective July 20, 2023. Gary has led Valero's commercial organization since 2014 and has served as Executive Vice President and Chief Commercial Officer since January 2020. In his [...]
Valero Energy Corp. announced today that it will host a conference call on July 27, 2023 at 10:00 a.m. ET to discuss second quarter 2023 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corp., through its [...]
The Board of Directors of Valero Energy Corp. has declared a regular quarterly cash dividend on common stock of $1.02 per share. The dividend is payable on June 22, 2023 to holders of record at the close of business on May 23, 2023. About Valero Valero Energy Corp., through its subsidiaries , is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical [...]
Valero Energy Corp. announced today that Joseph W. Gorder, Valero's Chief Executive Officer and Chairman of the Board, has chosen to retire as CEO and has been elected as Executive Chairman of the Board, both effective June 30, 2023. In his new role, Mr. Gorder will lead the Board of Directors, and continue to provide advice and counsel to the CEO and Valero's leadership on Company decisions. R. Lane Riggs, Valero's [...]
Valero Energy Corp. today reported net income attributable to Valero stockholders of $3.1 billion, or $8.29 per share, for the first quarter of 2023, compared to $905 million, or $2.21 per share, for the first quarter of 2022. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $3.1 billion, or $8.27 per share, for the first quarter of [...]
Valero Energy Corp. announced today that it will host a conference call on April 27, 2023 at 10:00 a.m. ET to discuss first quarter 2023 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero Valero Energy Corp., through its [...]
Valero Energy Corp. and Darling Ingredients Inc. announced today that the companies have made the final investment decision on a Sustainable Aviation Fuel project at the DGD Port Arthur plant, which is owned and operated by Diamond Green Diesel Holdings LLC, a 50/50 joint venture between Valero and Darling. Upon completion of the project, which is expected in 2025, the DGD Port Arthur plant will have the capability to [...]
The Board of Directors of Valero Energy Corp. has approved an increase in the company's regular quarterly cash dividend on common stock from $0.98 per share to $1.02 per share. The dividend is payable on March 16, 2023 to holders of record at the close of business on February 14, 2023. The increase in the dividend raises the annualized cash dividend rate on Valero's common stock to $4.08 per share. About Valero [...]
Valero Energy Corporation today reported net income attributable to Valero stockholders of $3.1 billion, or $8.15 per share, for the fourth quarter of 2022, compared to $1.0 billion, or $2.46 per share, for the fourth quarter of 2021. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $3.2 billion, or $8.45 per share, for the fourth [...]
Valero Energy Corp. announced today that it will host a conference call on January 26, 2023 at 10:00 a.m. ET to discuss 2022 fourth quarter and full year earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero's Investor Relations website at investorvalero.com. About Valero [...]
Valero Energy Corp. announced today that Marie A. Ffolkes has been elected as an independent director to Valero's board of directors and has joined the Board's Nominating and Corporate Governance Committee, effective immediately. Ms. Ffolkes is currently the founder and Chief Executive Officer of Axxelist LLC, a technology real estate company. She recently served as Chief Executive Officer of TriMark USA, LLC, a provider [...]
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