Valero said its preliminary unaudited results for Q4 2024 showed revenue of $30,756 million and operating income of $348 million, and for the full year revenue of $129,881 million and operating income of $3,755 million.

1. 01

   Valero said its preliminary unaudited results for Q4 2024 showed revenue of $30,756 million and operating income of $348 million, and for the full year revenue of $129,881 million and operating income of $3,755 million.

2. 02

   Valero said preliminary unaudited net income attributable to its stockholders was $2,770 million, or $8.58 per share, for 2024, and $8,835 million, or $24.93 per share, for 2023.

3. 03

   The company said the IRS approved its registration as a second-generation biofuel producer on December 2024, and that the 2nd-generation tax benefit $79 million for cellulosic ethanol produced and sold in the U.S. from 2020 to 2024 is reflected in its results.

4. 04

   Valero said that as of December 31, 2024, total debt was $8,085 million, total debt and finance lease obligations were $10,463 million, and cash and cash equivalents were $4,657 million.

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Original filing

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