BUZZ-Valero Energy rises after Q4 profit beat

Reuters

01-30

BUZZ-Valero Energy rises after Q4 profit beat

** Shares of refiner Valero Energy VLO.N rise 2.4% to $141.70 premarket

** Company posts Q4 adj. profit of 64 cents per share vs est. of 7 cents per share - data compiled by LSEG

** VLO reports Q4 operating income of $170 mln in its renewable diesel segment compared with $84 mln from a year ago

** Company posts Q4 revenue of $30.75 bln vs est. of $30.20 bln

** VLO also said it was progressing with a fluid catalytic cracking unit optimization project at the St. Charles Refinery, Louisiana

** Stock was down 13.6% in 2024

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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