
Valero Reports $2.3 Billion Net Income Amid $1.1 Billion California Asset Write-Down
Valero Energy CorporationDescription
What this story covers
Valero Energy’s 2025 10-K reveals $2.3 billion in net income despite a $1.1 billion impairment of California refineries due to regulatory pressures. While refining remains profitable, renewable diesel faced significant margin compression from rising feedstock costs and tax changes.
Story snapshot
CompanyValero Energy Corporation
TickerVLO
VariantStandard detailed
Duration11:54
Filing type10-K
PeriodAnnual 2025
IndustryEnergy
Accession0001628280-26-011499
Sources1
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