Valero's Q1 Refining Strength Drives $1.8B Operating Income


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - Valero on Thursday (4/30) reported $1.8 billion in 
first quarter 2026 operating income for its refining segment, swinging from a 
loss during the same period last year.

   Valero also reported:

The refining segment posted an operating loss of $530 million in the first 
quarter of 2025. Refining throughput volumes averaged 2.9 million bpd in the 
first quarter of 2026.The renewable diesel segment reported $139 million in 
operating income, with sales volumes averaging 3 million gallons per day. In 
the first quarter of the prior year, the segment reported an operating loss of 
$141 million.The ethanol segment achieved $90 million in operating income on 
production volumes averaging 4.6 million gallons per day. This compares to an 
operating income of $20 million in the first quarter of 2025.


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