Valero Energy Corp

VLO: XNYS (USA)
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Valero Energy Earnings: Q1 Better Than Expected, but Uncertain Economic Outlook Weighs on Shares

Adjusted earnings fell to $282 million from $1.3 billion the year before, surpassing market expectations on lower refining margins and greater maintenance activity. Adjusted earnings exclude an impairment charge related to the cessation of operations in 2026 at Valero's Benicia, California refinery.

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