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20h agoValero’s quarterly earnings climb 30% on diesel demand boost
Valero Energy posted a 30% year-on-year profit jump in the third quarter, earning $3.05 per share on revenue of $29.96 billion. Higher diesel margins in U.S. Gulf Coast markets drove the performance, offsetting weaker gasoline spreads. Management noted refinery utilization near 95% and reiterated plans to expand renewable diesel output in 2026. Analysts said the results underscore resilient U.S. refining fundamentals despite volatility in crude input costs and environmental credit markets, positioning Valero among the strongest downstream performers this quarter.
positive
20h agoValero’s quarterly earnings climb 30% on diesel demand boost
Valero Energy posted a 30% year-on-year profit jump in the third quarter, earning $3.05 per share on revenue of $29.96 billion. Higher diesel margins in U.S. Gulf Coast markets drove the performance, offsetting weaker gasoline spreads. Management noted refinery utilization near 95% and reiterated plans to expand renewable diesel output in 2026. Analysts said the results underscore resilient U.S. refining fundamentals despite volatility in crude input costs and environmental credit markets, positioning Valero among the strongest downstream performers this quarter.
positive
Valero’s quarterly earnings climb 30% on diesel demand boost
about 21 hours ago
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Valero Energy’s Q3 profit rose 30% to $3.05 per share on $29.96 billion revenue, fueled by strong diesel margins and high refinery utilization in U.S. Gulf markets.
Valero Energy posted a 30% year-on-year profit jump in the third quarter, earning $3.05 per share on revenue of $29.96 billion. Higher diesel margins in U.S. Gulf Coast markets drove the performance, offsetting weaker gasoline spreads. Management noted refinery utilization near 95% and reiterated plans to expand renewable diesel output in 2026. Analysts said the results underscore resilient U.S. refining fundamentals despite volatility in crude input costs and environmental credit markets, positioning Valero among the strongest downstream performers this quarter.
Valero Energy posted a 30% year-on-year profit jump in the third quarter, earning $3.05 per share on revenue of $29.96 billion. Higher diesel margins in U.S. Gulf Coast markets drove the performance, offsetting weaker gasoline spreads. Management noted refinery utilization near 95% and reiterated plans to expand renewable diesel output in 2026. Analysts said the results underscore resilient U.S. refining fundamentals despite volatility in crude input costs and environmental credit markets, positioning Valero among the strongest downstream performers this quarter.
Companies:
Valero Energy
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stocks
energy
stocks
energy
valero
earnings
diesel
Source:
Oct 23, 2025 • 08:10 IST