AI English summary of an SEC filing — figures as filed
Valero Energy VLOThe company said it reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share, for Q1 2025. Excluding a pre-tax asset impairment loss related to the West Coast assets of $1.1 billion ($877 million after tax), adjusted net income attributable to Valero stockholders was $282 million, or $0.89 per share.
Key points
AI summaryThe company said it reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share, for Q1 2025. Excluding a pre-tax asset impairment loss related to the West Coast assets of $1.1 billion ($877 million after tax), adjusted net income attributable to Valero stockholders was $282 million, or $0.89 per share.
Valero said that for Q1 2025, the Refining segment reported an operating loss of $530 million (adjusted operating income of $605 million), the Renewable Diesel segment reported an operating loss of $141 million, and the Ethanol segment reported operating income of $20 million.
The company said that for Q1 2025, net cash provided by operating activities was $952 million, and adjusted net cash provided by operating activities was $862 million. It said it returned a total of $633 million to stockholders, including dividends of $356 million and stock buybacks of $277 million.
Valero said it issued $650 million aggregate principal amount of 5.15% Senior Notes due 2030 in February 2025. It said it had total debt of $8.5 billion and cash and cash equivalents of $4.6 billion as of the end of Q1 2025.
Summary
AI-writtenAnalysis 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.
Net Loss and Adjusted Net Income for Q1 2025
The company said it reported a net loss attributable to Valero stockholders of $595 million, or $1.90 per share, for Q1 2025. Excluding a pre-tax asset impairment loss related to the West Coast assets of $1.1 billion ($877 million after tax), adjusted net income attributable to Valero stockholders was $282 million, or $0.89 per share.
Source · Based on the filing body and exhibits
Operating Income (Loss) by Segment for Q1
Valero said that for Q1 2025, the Refining segment reported an operating loss of $530 million (adjusted operating income of $605 million), the Renewable Diesel segment reported an operating loss of $141 million, and the Ethanol segment reported operating income of $20 million.
Source · Based on the filing body and exhibits
Operating Cash Flow and Stockholder Returns
The company said that for Q1 2025, net cash provided by operating activities was $952 million, and adjusted net cash provided by operating activities was $862 million. It said it returned a total of $633 million to stockholders, including dividends of $356 million and stock buybacks of $277 million.
Source · Based on the filing body and exhibits
Senior Note Issuance, Repayment and Liquidity
Valero said it issued $650 million aggregate principal amount of 5.15% Senior Notes due 2030 in February 2025. It said it had total debt of $8.5 billion and cash and cash equivalents of $4.6 billion as of the end of Q1 2025.
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.
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