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Valero Energy's Net Income Falls to $8.8 Billion on Lower Margins, Boosts Low-Carbon Investments

VLO10-KFiling Date: 2/22/2024
Valero Energy Corporation
Description

What this story covers

Valero Energy's 2023 10-K reveals 8 point 8 billion dollars net income down from 11 point 5 billion dollars amid lower revenues and margins. Strong refining at 11 point 5 billion dollars operating income, growth in renewables, 10 point 5 billion dollars liquidity, and strategic low-carbon push with 5 point 4 billion dollars investments despite regulatory and market risks.

Story snapshot

CompanyValero Energy Corporation
TickerVLO
VariantStandard detailed
Duration17:06
Filing type10-K
PeriodAnnual 2023
IndustryEnergy
Accession0001035002-24-000007

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