Valero Energy Corp
VLO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Wb | LOCK|^sX> | LOCK|w^ZWYjF |
Valero Earnings: Stronger-Than-Expected Q3 and Positive Outlook Lift Shares
Adjusted earnings rose to $1.1 billion from $371 million the year before, exceeding expectations and lifting shares by 7%, driven by strong refining and improved results for ethanol and renewable diesel. Valero returned 78% of adjusted operating cash flow to shareholders.
