Shares of Valero Energy VLO fell 0.8% in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 178.38% year over year to ($1.16), which beat the estimate of ($1.37).
Revenue of $15,809,000,000 declined by 41.98% from the same period last year, which missed the estimate of $16,550,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Valero Energy hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Oct 22, 2020
Time: 10:00 AM
ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/valero/mediaframe/40943/indexl.html
Recent Stock Performance
52-week high: $101.99
52-week low: $31.00
Price action over last quarter: down 26.70%
Company Description
Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.1 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 275 million gallons per year of renewable diesel.
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