Valero Q2 Profit Reaches $714 Million

Valero Energy Corporation (NYSE:VLO) reported net income of $714 million ($2.28 per share) (GAAP) for Q2 2025 on record throughput from its Gulf Coast refineries. Operating income from Valero's refining segment rose to $1.3 billion.

Additionally, management highlighted a 10% year-over-year increase in diesel sales volume, a 52% payout ratio, and progress on a $230 million Fluid Catalytic Cracking (FCC) unit optimization project scheduled to start up in 2026. The renewable diesel segment recorded a $79 million operating loss.

Refining throughput volumes averaged 2.9 million barrels per day (bpd) (92% capacity utilization) in the second quarter, marking an operational record for the U.S. Gulf Coast region and bolstering total segment operating income by $100 million year-over-year. Despite a robust margin environment, gasoline sales volumes were flat year-over-year while diesel sales volumes increased approximately 10% year-over-year.

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Source Fool.com