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AI English summary of an SEC filing — figures as filed

Valero Energy logoValero Energy VLO

The company said net income attributable to Valero stockholders was $880 million, or $2.71 per share, for Q2 2024. For Q2 2023, it was $1.9 billion, or $5.40 per share.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net income attributable to Valero stockholders was $880 million, or $2.71 per share, for Q2 2024. For Q2 2023, it was $1.9 billion, or $5.40 per share.

  2. The company said Refining segment operating income was $1.2 billion for Q2 2024 ($2.4 billion for Q2 2023), and Renewable Diesel segment operating income was $112 million ($440 million in the same period).

  3. The company said net cash provided by operating activities was $2.5 billion for Q2 2024, which included a $789 million favorable change in working capital. Excluding these items, adjusted net cash provided by operating activities was $1.6 billion.

  4. The company said it returned $1.4 billion to stockholders through dividends and stock buybacks in Q2 2024. Dividends totaled $347 million, and stock buybacks totaled $1.0 billion (approximately 6.6 million shares). It also announced a quarterly cash dividend of $1.07 per share on July 18.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Valero net income and earnings per share for Q2

The company said net income attributable to Valero stockholders was $880 million, or $2.71 per share, for Q2 2024. For Q2 2023, it was $1.9 billion, or $5.40 per share.

Source · Based on the filing body and exhibits

Segment Operating Income Changes

The company said Refining segment operating income was $1.2 billion for Q2 2024 ($2.4 billion for Q2 2023), and Renewable Diesel segment operating income was $112 million ($440 million in the same period).

Source · Based on the filing body and exhibits

Operating Cash Flow for Q2

The company said net cash provided by operating activities was $2.5 billion for Q2 2024, which included a $789 million favorable change in working capital. Excluding these items, adjusted net cash provided by operating activities was $1.6 billion.

Source · Based on the filing body and exhibits

Shareholder Returns and Dividends

The company said it returned $1.4 billion to stockholders through dividends and stock buybacks in Q2 2024. Dividends totaled $347 million, and stock buybacks totaled $1.0 billion (approximately 6.6 million shares). It also announced a quarterly cash dividend of $1.07 per share on July 18.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.