Valero Energy Reports Q1 2025 Financial Results

Valero Energy Corporation ( (VLO) ) has released its Q1 earnings. Here is a breakdown of the information Valero Energy Corporation presented to its investors.

Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, operating in the Refining, Renewable Diesel, and Ethanol segments across the United States, Canada, the United Kingdom, and Latin America.

In the first quarter of 2025, Valero Energy Corporation reported a net loss of $595 million, or $1.90 per share, primarily due to a significant asset impairment loss related to its West Coast assets. However, the company achieved an adjusted net income of $282 million, or $0.89 per share, reflecting its operational resilience amidst challenging market conditions.

The company’s Refining segment faced an operating loss of $530 million, although adjusted operating income was $605 million, supported by an average throughput of 2.8 million barrels per day. The Renewable Diesel segment reported an operating loss of $141 million, while the Ethanol segment showed a modest improvement with $20 million in operating income. Valero also issued $650 million in senior notes for debt repayment and returned $633 million to stockholders through dividends and stock buybacks.

Looking ahead, Valero remains focused on optimizing operations and maintaining financial flexibility. The company is progressing with an optimization project at the St. Charles Refinery, expected to enhance product yields by 2026, underscoring its commitment to operational excellence and shareholder returns.