Valero Energy: Fourth Quarter Earnings Overview

Valero Energy Reports Strong Fourth-Quarter Results

Valero Energy Corp., headquartered in San Antonio, announced on Thursday that it achieved a net income of $1.13 billion for the fourth quarter.

The company reported earnings of $3.73 per share, with adjusted earnings—excluding one-time expenses—coming in at $3.82 per share.

These figures surpassed analysts’ expectations. According to a survey by Zacks Investment Research involving six analysts, the consensus estimate was $3.22 per share.

Valero’s revenue for the quarter reached $30.37 billion, outperforming projections. Four analysts polled by Zacks had anticipated revenue of $28.06 billion.