— Valero Energy Corporation (NYSE: VLO) reported Q3 2019 earnings of $1.48 per share, vs. $1.35 expected.
— Revenues fell 10% to $27.2 billion, vs. $24.2 billion expected.
— Refinery throughput capacity utilization was 94%.
— Ethanol production volumes averaged 4 million gallons per day.
— Valero expects to invest approx. $2.5 billion of capital in both 2019 and 2020, of which approx. 60% is for sustaining the business and approx. 40% is for growth projects.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
LMT Earnings: A snapshot of Lockheed Martin’s Q1 2024 financial results
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday reported lower earnings for the first quarter of 2024, despite an increase in sales. The company also reaffirmed its fiscal 2024 guidance.
General Motors (GM) Q1 2024 Earnings: Key financials and quarterly highlights
General Motors Co. (NYSE: GM) reported its first quarter 2024 earnings results today. Revenue increased 7.6% year-over-year to $43 billion. Net income attributable to stockholders increased 24.4% to $2.98 billion
GE Earnings: General Electric Q1 2024 adj. profit jumps on higher revenues
The General Electric Company (NYSE: GE), which became three separate companies after a recent split -- GE Aerospace, GE Venova, and GE Healthcare -- reported a sharp increase in adjusted
