WS Investor
25 Jul 2025, 10:00
Valero Energy Reports Q2 2025 Results: Net Income of $714 Million, Dividend Maintained
Valero Energy (NYSE: VLO) reported Q2 2025 net income of $714 million ($2.28/share), down from $880 million ($2.71/share) in Q2 2024.
• Refining segment earned $1.3 billion, with record U.S. Gulf Coast throughput (2.9M bpd).
• Renewable Diesel segment posted a $79 million loss, reversing a $112 million gain last year.
• Ethanol income dropped to $54 million from $105 million.
• Operating cash flow was $936 million; adjusted for JV items, it totaled $1.3 billion.
• Returned $695 million to shareholders, including $1.13/share quarterly dividend and $341 million in stock buybacks.
• Capital investments were $407 million; net debt-to-cap ratio at 19%.
• Ongoing FCC upgrade at St. Charles Refinery to enhance high-value product yield, expected completion in 2026.
Valero Energy (NYSE: VLO) reported Q2 2025 net income of $714 million ($2.28/share), down from $880 million ($2.71/share) in Q2 2024.
• Refining segment earned $1.3 billion, with record U.S. Gulf Coast throughput (2.9M bpd).
• Renewable Diesel segment posted a $79 million loss, reversing a $112 million gain last year.
• Ethanol income dropped to $54 million from $105 million.
• Operating cash flow was $936 million; adjusted for JV items, it totaled $1.3 billion.
• Returned $695 million to shareholders, including $1.13/share quarterly dividend and $341 million in stock buybacks.
• Capital investments were $407 million; net debt-to-cap ratio at 19%.
• Ongoing FCC upgrade at St. Charles Refinery to enhance high-value product yield, expected completion in 2026.