Competitive AdvantagesVLO's strong presence in the US Gulf Coast and mid-continent, with flexible sourcing and skilled labor access, offers significant competitive advantages.
Financial PerformanceValero's refineries operated at a high utilization rate of 94%, resulting in robust throughput, which contributed to better financial performance.
Shareholder ReturnsThe company returned approximately $601 million in dividends and buybacks, significantly exceeding their annual payout floor.