VLO Earnings Prediction
The chart below shows how VLO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VLO sees a -1.29% change in stock price 10 days leading up to the earnings, and a -0.79% change 10 days following the report. On the earnings day itself, the stock moves by +0.41%. This data can give you a slight idea of what to expect for the next quarter's release.
VLO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
30.76B
-13.15%
-6.45%
Gross Margin
2.01%
-61.79%
-11.06%
Operating Margin
1.13%
-74.26%
-26.62%
Net Margin
1.16%
-66.28%
-3.33%
EPS
0.89
-75.14%
-21.93%
No Data Available
VLO Earnings Analysis
Valero Energy Corp Corporation (VLO.N) Earnings Conference Call
Positive
Net Income Comparison: Record net income attributable to Valero stockholders of $280 million or $8.58 per share for 2024, demonstrating strong financial performance compared to $880 million or $24.92 per share in 2023.
Refining Segment Performance: Refining segment reported operating income of $4.37 billion for the year, showcasing robust operational efficiency despite a challenging margin environment.
Record Ethanol Production: Ethanol production reached record levels, averaging 4.6 million gallons per day, contributing positively to the overall operational performance.
Strong Shareholder Returns: Shareholder returns remained strong with a payout ratio of 78% for the year, including $290 million in stock buybacks and $140 million in dividends, reflecting a commitment to returning capital to shareholders.
Sustainable Aviation Fuel Project: Successful startup of the DGD sustainable aviation fuel project, which is now fully operational, enhancing Valero's position in the renewable fuels market.
Negative
Net Income Decline: Net income attributable to Valero stockholders decreased significantly to $280 million or $8.58 per share in 2024, down from $880 million or $24.92 per share in 2023, indicating a substantial decline in profitability.
Refining Segment Income Decline: The Refining segment reported a drastic drop in operating income to $4.37 million for the quarter, compared to $160 million in the previous year, reflecting severe operational challenges.
Ethanol Segment Income Decline: Ethanol segment operating income plummeted to $20 million for the quarter, down from $190 million, highlighting significant struggles in this segment amid high production rates and inventory levels.
Rising Operational Costs: Refining cash operating expenses increased to $4.67 per barrel, which, combined with lower throughput volumes averaging 3 million barrels per day, suggests rising operational costs are outpacing revenue generation.
Cash Flow Constraint: Adjusted net cash provided by operating activities was only $9.51 million in the quarter, a stark contrast to the previous year's performance, indicating a severe cash flow constraint.
