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Valero kicks off U.S. refinery results with Q2 profit jump

Valero kicks off U.S. refinery results with Q2 profit jump

Reuters · 07/28/2022 06:34
Valero kicks off U.S. refinery results with Q2 profit jump

- Refiner Valero Energy Corp VLO reported a rise in second-quarter profit on Thursday, boosted by higher demand for fuel and refined products.

Net income attributable to the company's stockholders was $4.7 billion, or $11.57 per share, for the three months ended June, compared with $162 million, or 39 cents per share, a year earlier.


(Reporting by Arunima Kumar in Bengaluru; Editing by Shinjini Ganguli)

((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))