Valero Energy Corporation (VLO) News

Valero Energy delivered a highly profitable first quarter of 2026, generating $1.3 billion in net income as its advantaged Gulf Coast refining system capitalized on widened heavy sour crude differentials and a tightly constrained global product market.

Valero Energy delivered a stellar fourth quarter, capping off 2025 with record refining throughput and highly favorable sour crude discounts that padded its bottom line. With an industry-leading balance sheet and a 6% dividend increase, the refiner is optimally positioned to extract maximum value from widening heavy crude differentials while strategically winding down its California operations.