Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Valero Energy    VLO

VALERO ENERGY (VLO)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Valero Energy Corporation Increases Regular Cash Dividend by 14 Percent and Announces Additional Share Repurchase Authorization

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/23/2018 | 10:16pm CET

SAN ANTONIO, Jan. 23, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE:VLO) (“Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $0.70 per share to $0.80 per share, effective with the quarterly dividend the Board has declared to be payable on March 6, 2018, to holders of record at the close of business on February 13, 2018.  The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $3.20 per share.

The Board of Directors also approved an incremental $2.5 billion share repurchase authorization.  Valero has approximately $1.2 billion of repurchase authority available under its previously announced buyback authorization, giving it $3.7 billion available for stock repurchases going forward.

As a reminder, Valero will host a conference call on February 1, 2018, at 10 a.m. ET to discuss fourth quarter and full year 2017 earnings results, which will be released earlier that day, and to provide an update on company operations and strategy.  Persons interested in listening to the presentation live via the internet may log on to Valero’s website at www.valero.com.

About Valero
Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products.  Valero, a Fortune 50 company based in San Antonio, Texas, with approximately 10,000 employees, is an independent petroleum refiner and ethanol producer, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 11 ethanol plants with a combined production capacity of 1.4 billion gallons per year.  The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S.  In addition, Valero owns the 2 percent general partner interest and a majority limited partner interest in Valero Energy Partners LP, a midstream master limited partnership.  Valero sells its products in both the wholesale rack and bulk markets, and approximately 7,400 outlets carry Valero’s brand names in the U.S., Canada, the U.K. and Ireland.  Please visit www.valero.com for more information.

Valero Contacts
Investors:
John Locke, Vice President – Investor Relations, 210-345-3077
Karen Ngo, Senior Manager – Investor Relations, 210-345-4574
Tom Mahrer, Manager – Investor Relations, 210-345-1953

Media:
Lillian Riojas, Director – Media Relations and Communications, 210-345-5002

Safe-Harbor Statement
Statements contained in this release that state the company’s or management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.  The words “believe,” “expect,” “should,” “estimates,” “intend,” “targeting,” and other similar expressions identify forward-looking statements.  It is important to note that actual results could differ materially from those projected in such forward-looking statements based on numerous factors, including those outside of the company’s control, such as delays in construction timing and other factors.  For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see Valero’s annual reports on Form 10-K, quarterly reports on Form 10-Q and our other reports filed with the SEC and on Valero’s website at www.valero.com, and VLP’s annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC and on VLP’s website at www.valeroenergypartners.com.

Primary Logo


© GlobeNewswire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VALERO ENERGY
01/23 Valero Energy Corporation Increases Regular Cash Dividend by 14 Percent and A..
01/22 U.S. refiner PES pins bankruptcy plan hopes on biofuel costs
01/09 As Spectra Energy Partners LP (SEP) Shares Declined, Virtu Financial Cut by $..
01/08 Valero Energy Corporation Will Attend The Credit Suisse Energy Summit
01/03 VALERO ENERGY CORP/TX : Regulation FD Disclosure, Financial Statements and Exhib..
01/02 VALERO ENERGY : Tripadvisor (TRIP) Holding Boosted by Pitcairn Company; Valero E..
2017 Valero Energy Corporation to Announce Fourth Quarter 2017 Earnings Results on..
2017 VALERO ENERGY : Reports Unit Shutdown, Emissions at McKee Refinery in Texas
2017 VALERO ENERGY CORPORATION : Will Attend The Goldman Sachs Global Energy Conferen..
2017 Valero Energy Corporation Will Attend The Goldman Sachs Global Energy Confere..
More news
News from SeekingAlpha
01/23 Valero Energy declares $0.80 dividend
01/23 Gasoline Remains Strong Like A Bull - Get Ready To Pay $3 At The Pump This Su..
01/19 Intel and Comcast among those expected to hike dividends next week
01/18 BY THE NUMBERS : Hunting For Undervalued Stocks
01/17 REUTERS : Gulf Coast refineries restart after cold snap
Financials ($)
Sales 2017 89 567 M
EBIT 2017 3 571 M
Net income 2017 2 159 M
Debt 2017 4 006 M
Yield 2017 2,83%
P/E ratio 2017 20,21
P/E ratio 2018 14,55
EV / Sales 2017 0,53x
EV / Sales 2018 0,53x
Capitalization 43 703 M
Chart VALERO ENERGY
Duration : Period :
Valero Energy Technical Analysis Chart | VLO | US91913Y1001 | 4-Traders
Technical analysis trends VALERO ENERGY
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 96,3 $
Spread / Average Target -2,7%
EPS Revisions
Managers
NameTitle
Joseph W. Gorder Chairman, President & Chief Executive Officer
R. Lane Riggs EVP-Refining Operations & Engineering
Michael S. Ciskowski CFO, Principal Accounting Officer & EVP
Cheryl Thomas Chief Information Officer & Vice President
Susan Kaufman Purcell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
VALERO ENERGY5.82%43 703
EXXON MOBIL CORPORATION4.20%373 925
BP-1.32%141 853
CHINA PETROLEUM & CHEMICAL CORP12.72%124 463
RELIANCE INDUSTRIES5.45%96 473
SAUDI BASIC INDUSTRIES CORPORATION SJSC--.--%85 287