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Valero kicks off U.S. refinery results with Q2 profit jump

Friday, 29 July 2022 | 00:00

Refiner Valero Energy Corp VLO.N reported a rise in second-quarter profit on Thursday, boosted by higher demand for fuel and refined products.

Net income attributable to the company’s stockholders was $4.7 billion, or $11.57 per share, for the three months ended June, compared with $162 million, or 39 cents per share, a year earlier.
Source: Reuters (Reporting by Arunima Kumar in Bengaluru; Editing by Shinjini Ganguli)

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