Valero Energy beats quarterly profit estimates
30/07/2026 11:32
Valero Energy beats quarterly profit estimates July 30 (Reuters) - Refiner Valero Energy VLO.N surpassed Wall Street expectations for second-quarter adjusted profit on Thursday, helped by higher refining margins as tensions in the Middle East increased demand for U.S. fuel exports.
The San Antonio, Texas-based company posted an adjusted profit of $12.54 per share for the three months ended June 30, compared with analysts' expectations of $10.12 per share, according to data compiled by LSEG.
(Reporting by Pooja Menon in Bengaluru; Editing by Jonathan Ananda)