Valero Energy reported first quarter 2026 net income attributable to stockholders of $1.3 billion, or $4.22 per share, on revenues of $32.4 billion. This marks a significant improvement from the prior-year quarter's net loss of $595 million, or $1.90 per share, driven by a strong recovery across all operating segments.
Key Highlights
- The core Refining segment swung to an operating income of $1.8 billion, a stark reversal from an operating loss of $530 million in the same quarter last year.
- The Renewable Diesel segment also showed a significant turnaround, posting an operating income of $139 million compared to an operating loss of $141 million in the first quarter of 2025.
- Valero returned $938 million to stockholders during the quarter and increased its quarterly dividend by 6 percent to $1.20 per share.