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Valero Energy Corp (VLO.N)

VLO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Valero Energy Says Revolving Credit Agreement Dated As Of Nov. 12, 2015 To Extend Maturity To March 19, 2024
5:17pm EDT 

March 19 (Reuters) - Valero Energy Corp ::VALERO ENERGY SAYS AMENDED & RESTATED EXISTING REVOLVING CREDIT AGREEMENT DATED AS OF NOV. 12, 2015 TO EXTEND MATURITY TO MARCH 19, 2024 - SEC FILING.  Full Article

Valero Energy Says Current Economics Are "Certainly Pushing Us To Maximise Light Sweet In The System" - Conf Call
Thursday, 31 Jan 2019 11:02am EST 

Jan 31 (Reuters) - Valero Energy Corp ::SEES U.S. GULF COAST THROUGHPUT AT 1.67 MILLION TO 1.72 MILLION BARRELS PER DAY -CONF CALL.SEES Q1 REFINING CASH OPERATING EXPENSES TO BE APPROXIMATELY $4.05 PER BARREL. -CONF CALL.SAYS CURRENT ECONOMICS ARE "CERTAINLY PUSHING US TO MAXIMISE LIGHT SWEET IN THE SYSTEM" -CONF CALL.SAYS HAD "SIGNIFICANT UPTICK" IN CRUDE BY RAIL IN CANADA -CONF CALL.  Full Article

Valero Energy Reports Q4 Earnings Per Share $2.24
Thursday, 31 Jan 2019 06:33am EST 

Jan 31 (Reuters) - Valero Energy Corp ::VALERO ENERGY REPORTS 2018 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 EARNINGS PER SHARE $2.24.VALERO ENERGY - QTRLY REVENUE $28,730 MILLION VERSUS $26,392 MILLION.Q4 REVENUE VIEW $23.99 BILLION -- REFINITIV IBES DATA."EXPECTS TO INVEST APPROXIMATELY $2.5 BILLION OF CAPITAL IN BOTH 2019 AND 2020".QTRLY REFINERY THROUGHPUT CAPACITY UTILIZATION WAS 96 PERCENT.VALERO ENERGY - TARGETING A TOTAL PAYOUT RATIO BETWEEN 40 AND 50 PERCENT OF ADJUSTED NET CASH PROVIDED BY OPERATING ACTIVITIES FOR 2019.QTRLY THROUGHPUT VOLUMES AVERAGING 3.0 MILLION BARRELS PER DAY IN Q4 OF 2018, WHICH WAS IN LINE WITH Q4 OF 2017.ENDED Q4 OF 2018 WITH $9.1 BILLION OF TOTAL DEBT AND $3.0 BILLION OF CASH AND CASH EQUIVALENTS.VALERO ENERGY - "STARTING 2019 WITH RELATIVELY LOW OIL PRICES AND ECONOMY THAT IS GROWING, WHICH SHOULD SUPPORT DEMAND FOR REFINED PRODUCTS".VALERO ENERGY - ETHANOL PRODUCTION VOLUMES AVERAGED 4.3 MILLION GALLONS PER DAY IN Q4 OF 2018, AN INCREASE OF 211,000 GALLONS PER DAY.QTRLY ADJUSTED EARNINGS PER SHARE $2.12.  Full Article

Valero Energy Corporation Increases Regular Cash Dividend By 12.5 Percent
Thursday, 24 Jan 2019 04:20pm EST 

Valero Energy Corp ::VALERO ENERGY CORPORATION INCREASES REGULAR CASH DIVIDEND BY 12.5 PERCENT.VALERO ENERGY CORP - APPROVED AN INCREASE IN COMPANY'S REGULAR QUARTERLY CASH DIVIDEND ON COMMON STOCK FROM $0.80 PER SHARE TO $0.90 PER SHARE.  Full Article

Colonial Pipeline Responds to Shippers' Complaints on Charge Hike
Monday, 31 Dec 2018 11:34am EST 

Dec 31 (Reuters) - COLONIAL PIPELINE COMPANY ::ON DEC. 28 SAID THE COMMISSION SHOULD DISMISS THE COMPLAINT BECAUSE THE ISSUES IT RAISES ARE DUPLICATIVE.SAID COMPLAINANTS' REQUEST FOR SUMMARY REJECTION OR A SHOW CAUSE ORDER IS NOT WARRANTED.  Full Article

Valero Energy Sets Regular Quarterly Cash Dividend Of $0.80 Per Share
Wednesday, 31 Oct 2018 04:09pm EDT 

Oct 31 (Reuters) - Valero Energy Corp ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.80PER SHARE.  Full Article

Valero to Complete Construction of Port Arthur Refinery Units in 2022
Thursday, 25 Oct 2018 07:00am EDT 

Oct 25 (Reuters) - VALERO ENERGY CORP ::VALERO SAYS CONSTRUCTION OF A 55,000 BARREL PER DAY COKER AND A SULFUR RECOVERY UNIT AT THE PORT ARTHUR, TEXAS REFINERY EXPECTED TO BE COMPLETED IN 2022 .VALERO SAYS THE COMPANY'S BOARD OF DIRECTORS IN SEPTEMBER APPROVED A PROJECT TO CONSTRUCT UNITS AT THE REFINERY FOR A TOTAL COST OF $975 MILLION.  Full Article

Valero Energy Q3 Earnings Per Share $2.01
Thursday, 25 Oct 2018 06:33am EDT 

Oct 25 (Reuters) - Valero Energy Corp ::VALERO ENERGY REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $2.01.QTRLY REFINERY THROUGHPUT CAPACITY UTILIZATION WAS 99 PERCENT.QTRLY REVENUES $30,849 MILLION VERSUS $23,562 MILLION.THROUGHPUT VOLUMES AVERAGED 3.1 MILLION BARRELS PER DAY IN THE THIRD QUARTER OF 2018.Q3 REVENUE VIEW $28.22 BILLION -- THOMSON REUTERS I/B/E/S.CAPITAL INVESTMENT PLANS OF $2.7 BILLION FOR 2018.  Full Article

Valero Energy Corp And Valero Energy Partners LP Announce Definitive Merger Agreement
Thursday, 18 Oct 2018 04:26pm EDT 

Oct 18 (Reuters) - Valero Energy Corp ::VALERO ENERGY CORPORATION AND VALERO ENERGY PARTNERS LP ANNOUNCE DEFINITIVE MERGER AGREEMENT; VALERO ENERGY PARTNERS LP DECLARES QUARTERLY DISTRIBUTION.VALERO ENERGY CORP - DEAL FOR FOR AN AGGREGATE TRANSACTION VALUE OF APPROXIMATELY $950 MILLION.VALERO ENERGY CORP - VALERO WILL ACQUIRE, FOR CASH, ALL OUTSTANDING PUBLICLY HELD COMMON UNITS OF PARTNERSHIP AT A PRICE OF $42.25 PER COMMON UNIT.VALERO ENERGY CORP - UPON CLOSING, PARTNERSHIP WILL BE INDIRECT SUBSIDIARY OF VALERO AND WILL CEASE TO BE A PUBLICLY HELD PARTNERSHIP.VALERO -UNDER MERGER AGREEMENT, PRIOR TO CLOSING OF DEAL, GP BOARD MAY NOT DECLARE,& PARTNERSHIP MAY NOT PAY, ANY DISTRIBUTION OTHER THAN Q3 DISTRIBUTION.VALERO ENERGY - PARTNERSHIP HAS NOT SOLICITED & IS NOT SOLICITING APPROVAL OF TRANSACTION BY HOLDERS OF PARTNERSHIP'S COMMON UNITS.VALERO ENERGY CORP - CO'S UNIT AGREED TO DELIVER A WRITTEN CONSENT APPROVING TRANSACTION PRIOR TO CLOSING THEREOF.VALERO ENERGY CORP - VALERO SPECIAL COMMITTEE HAS UNANIMOUSLY APPROVED TRANSACTION.  Full Article

Darling Ingredients Says Diamond Green Diesel Resumed Production At Its Norco, LA, Facility
Tuesday, 2 Oct 2018 02:54pm EDT 

Oct 2 (Reuters) - Darling Ingredients Inc ::DARLING INGREDIENTS - DIAMOND GREEN DIESEL RESUMED PRODUCTION AT ITS NORCO, LA, FACILITY.  Full Article

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Republican senators pressure Trump's EPA pick over biofuels

WASHINGTON Five Republican senators are warning President Donald Trump's new pick to run the Environmental Protection Agency, Andrew Wheeler, that their support for his nomination may hinge on his biofuels policy.