Company profile

Ticker
VLO
Exchange
Website
CEO
Joseph W. Gorder
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Valero Refining & Marketing Co
SEC CIK
IRS number
741828067

VLO stock data

(
)

Calendar

29 Apr 20
11 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 22.1B 27.88B 27.25B 28.93B
Net income -1.75B 1.33B 639M 648M
Diluted EPS -4.54 2.58 1.48 1.47
Net profit margin -7.94% 4.77% 2.35% 2.24%
Operating income -2.28B 1.74B 881M 908M
Net change in cash -1.07B 446M 104M -744M
Cash on hand 1.52B 2.58B 2.14B 2.03B
Cost of revenue 24.19B 25.88B 26.13B 27.81B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 108.32B 117.03B 93.98B 75.66B
Net income 2.78B 3.35B 4.16B 2.42B
Diluted EPS 5.84 7.29 9.16 4.94
Net profit margin 2.57% 2.87% 4.42% 3.19%
Operating income 3.84B 4.57B 3.56B 3.53B
Net change in cash -399M -2.87B 1.03B 702M
Cash on hand 2.58B 2.98B 5.85B 4.82B
Cost of revenue 103.55B 111.44B 89.48B 71.31B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Apr 20 Kimberly S, Greene Stock Units Common Stock Grant Aquire A No 0 3,630 0 3,630
30 Apr 20 Deborah P Majoras Common Stock, $.01 par value Payment of exercise Dispose F No 64.465 335 21.6K 19,213
30 Apr 20 Deborah P Majoras Stock Units Common Stock Grant Aquire A No 0 3,630 0 3,630
30 Apr 20 Eberhart Paulett Stock Units Common Stock Grant Aquire A No 0 3,630 0 3,630
30 Apr 20 Nickles Donald L Stock Units Common Stock Grant Aquire A No 0 3,630 0 3,630
30 Apr 20 Philip J. Pfeiffer Stock Units Common Stock Grant Aquire A No 0 3,630 0 3,630
75.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 960 1170 -17.9%
Opened positions 91 194 -53.1%
Closed positions 301 94 +220.2%
Increased positions 371 416 -10.8%
Reduced positions 397 427 -7.0%
13F shares
Current Prev Q Change
Total value 13.86B 29.74B -53.4%
Total shares 306.73M 318.01M -3.5%
Total puts 3.9M 5.95M -34.5%
Total calls 3.65M 7.03M -48.1%
Total put/call ratio 1.1 0.8 +26.2%
Largest owners
Shares Value Change
Vanguard 35.93M $1.63B +3.4%
BLK BlackRock 34.6M $1.57B +4.8%
STT State Street 23.38M $1.06B +8.5%
AMP Ameriprise Financial 9.53M $432.34M +1.2%
FMR 9.52M $431.8M +7.3%
BK Bank Of New York Mellon 7.57M $343.59M -8.7%
Boston Partners 7.07M $320.34M -27.0%
LSV Asset Management 6.36M $288.26M -3.5%
Geode Capital Management 5.96M $269.93M +0.2%
Dimensional Fund Advisors 5.37M $243.44M +1.5%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -4.61M EXIT
GS The Goldman Sachs Group, Inc. 1.85M -3.11M -62.6%
Boston Partners 7.07M -2.61M -27.0%
STT State Street 23.38M +1.82M +8.5%
BLK BlackRock 34.6M +1.59M +4.8%
Barrow Hanley Mewhinney & Strauss 3.89M -1.53M -28.2%
Massachusetts Financial Services 3.06M +1.28M +71.7%
Menora Mivtachim 0 -1.21M EXIT
Vanguard 35.93M +1.18M +3.4%
Renaissance Technologies 19.09K -1.09M -98.3%

Financial report summary

?
Risks
  • Our financial results are affected by volatile refining margins, which are dependent upon factors beyond our control, including the price of crude oil and the market price at which we can sell refined petroleum products.
  • Compliance with and changes in environmental laws, including proposed climate change laws and regulations, could adversely affect our performance.
  • Investor sentiment towards climate change, fossil fuels, and sustainability could adversely affect our business and our stock price.
  • Severe weather events may have an adverse effect on our assets and operations.
  • Compliance with the U.S. Environmental Protection Agency (EPA) Renewable Fuel Standard (RFS) could adversely affect our performance.
  • Any attempt by the U.S. government to withdraw from or materially modify existing international trade agreements could adversely affect our business, financial condition, and results of operations.
  • We are subject to interruptions and increased costs as a result of our reliance on third-party transportation of crude oil and the products that we manufacture.
  • Uncertainty and illiquidity in credit and capital markets can impair our ability to obtain credit and financing on acceptable terms, and can adversely affect the financial strength of our business partners.
  • A significant interruption in one or more of our refineries could adversely affect our business.
  • A significant interruption related to our information technology systems could adversely affect our business.
  • Increasing regulatory focus on privacy and security issues and expanding laws could expose us to increased liability, subject us to lawsuits, investigations and other liabilities and restrictions on our operations that could significantly and adversely affect our business.
  • Our business may be negatively affected by work stoppages, slowdowns or strikes by our employees, as well as new labor legislation issued by regulators.
  • Large capital projects can take many years to complete, and market conditions could deteriorate over time, negatively impacting project returns.
  • Our investments in joint ventures and other entities decrease our ability to manage risk.
  • Changes in the method of determining the London Interbank Offered Rate (LIBOR), or the replacement of LIBOR with an alternative reference rate, may adversely affect interest rates.
  • Changes in the U.K.’s economic and other relationships with the EU could adversely affect us.
Management Discussion
  • See note references on pages 41 through 44.
  • See note references on pages 41 through 44.
  • Of the $77 million benefit related to the three months ended March 31, 2019, $41 million is attributable to Valero Energy Corporation stockholders, with the remaining amount attributable to noncontrolling interest.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
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