Valero Energy Reports Third Quarter 2026 Results
Business Wire•22/10/2026•06:30 ET
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Key Highlights
- ➤Q3 net income $6.8 billion, or $23.89 per share, versus $1.1 billion
- ➤Refining operating income $8.8 billion, up from $1.6 billion year over year
- ➤Renewable Diesel operating income $353 million, versus a $28 million loss
- ➤Ethanol production 4.8 million gallons per day, setting a quarterly record
- ➤St. Charles FCC optimization completed on schedule and within budget
Expert Statements
Lane Riggs, Chairman, Chief Executive Officer and President of Valero
“Our refineries operated at near-record utilization rates, providing a reliable supply of critical transportation fuels during the quarter”
Lane Riggs, Chairman, Chief Executive Officer and President of Valero
“We also completed the St. Charles FCC Unit optimization project, which increases the production capacity of higher value products, including alkylate and gasoline, further strengthening our ability to supply transportation fuels to the market.”
Lane Riggs, Chairman, Chief Executive Officer and President of Valero
“Our third-quarter performance underscores the quality of our assets and our consistent operational, commercial, and financial performance”
Lane Riggs, Chairman, Chief Executive Officer and President of Valero
“This is a result of the long-term strategy that we’ve been committed to for well over a decade.”
* Reported net income attributable to Valero stockholders of $6.8 billion, or $23.89 per share
* Reported adjusted net income attributable to Valero stockholders of $6.8 billion, or $23.90 per share
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