Valero Energy Corp
VLO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#w | LOCK|%R!^ | LOCK|<%V<zLRy |
Valero Earnings: Results Demonstrate Strong Execution Amid Turmoil; Outlook Remains Favorable
Adjusted earnings rose to $1.3 billion from $282 million the year before, topping expectations and delivering strong results across refining, ethanol, and renewable diesel. Valero returned 59% of adjusted operating cash flow to shareholders as net debt to capital held at 18%.
