1428 ET - Valero Energy's renewable diesel segment could set it apart from competitors when it reports 4Q earnings on Thursday, Morgan Stanley analysts say. Valero is one of the few in its industry expected to see renewables earnings growth above breakeven levels in its fourth quarter, the analysts say. It has one of the largest renewable diesel footprints among refining companies, and is a first-mover as it expands to sustainable aviation fuel. Analysts expect big energy companies to be less vulnerable to potentially restrictive legislation, as the Trump administration is set to finalize a clean fuel production credit. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
January 28, 2025 14:28 ET (19:28 GMT)
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