Valero Energy (NYSE:VLO) confirmed Thursday it will cease operations at its Benicia oil refinery near San Francisco next year, citing California's difficult regulatory and enforcement environment.

Valero Energy's chief executive on Thursday said the company's decision to close its 149,000 b/d Benicia, Calif., refinery by April 2026 was a "consequence" of state regulatory policy and a ...

Valero reported a net loss of $595 million, missing EPS expectations by a wide margin. Revenue exceeded forecasts, coming in at $30.26 billion. The stock price fell by 0.81% in pre-market trading ...

The segment was affected due to a significantly lower refining margin per barrel of throughput in the first quarter. In the Ethanol segment, Valero reported an adjusted operating profit of $20 ...

heavy maintenance activity across refining systems and a steep drop in refining margins, which together weighed on profitability. Valero Energy Corporation Price, Consensus and EPS Surprise Valero ...

Valero Q1 sales top views; EPS beats at $0.89, but refining and renewables profit slump weighs. Returned $633M to shareholders; raised dividend to $1.13/share despite segment earnings pressure.

Morgan Stanley analyst Joe Laetsch maintained a Buy rating on Valero Energy (VLO – Research Report) today and set a price target of $145.00. The company’s shares closed yesterday at $114.50.

NEW YORK, April 24 (Reuters) - Valero Energy (VLO.N), opens new tab on Thursday said it would cease operations at its 170,000-barrel-per-day San Francisco-area oil refinery next year amid worries ...

The pre-tax charge reflects Valero’s conclusion that “the carrying values of these assets were not recoverable,” according to a statement Thursday. The company’s Los Angeles refinery may face a ...

Vince Fong, R-Calif., is one of the many voices sounding the alarm about a recent oil refinery closure announcement having a greater impact on American wallets. Valero Energy Corp. announced that ...