2017 News Releases

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Q3 2017 Valero Energy Corp Earnings Conference Call (Live)
10/26/17 at 10:00 a.m. ET
Q3 2017 Valero Energy Corp Earnings Conference Call
Thursday, October 26, 2017 10:00 a.m. ET  
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09/18/17Valero Energy Corporation and Plains All American Pipeline, L.P. Elect to Terminate Proposed Acquisition by Valero of Certain Plains Assets
SAN ANTONIO and HOUSTON, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation ("Valero") (NYSE:VLO) and Plains All American Pipeline, LP. ("Plains") (NYSE:PAA) have mutually agreed to terminate the agreement providing for the acquisition by a subsidiary of Valero of two petroleum storage and distribution terminals located in Martinez and Richmond, California owned by a subsidiary of Plains.    After an extensive investigation, the Federal Trade Commission ("FTC") elected not ... 
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09/15/17Valero Energy Corporation to Announce Third Quarter 2017 Earnings Results on October 26, 2017
SAN ANTONIO, Sept. 15, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on October 26, 2017 at 10:00 a.m. ET to discuss third quarter earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com. About Valero Valero Energy Corporation, through its subsidiaries,... 
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09/14/17Magellan Midstream and Valero Form Joint Venture to Expand Pasadena Marine Terminal
SAN ANTONIO, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) (“Valero”) and Magellan Midstream Partners, L.P. (NYSE:MMP) (“Magellan”) announced today the expansion and joint development of the marine storage facility currently under construction along the Houston Ship Channel in Pasadena, Texas.  The Pasadena facility, which will handle petroleum products, including multiple grades of gasoline, diesel and jet fuel, and renewable fuels, will be owned by a limited liabili... 
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09/06/17Valero Announces Its Central Texas Pipeline and Terminal Projects
SAN ANTONIO, Sept. 06, 2017 (GLOBE NEWSWIRE) -- V-Tex Logistics, LLC, an indirect wholly owned subsidiary of Valero Energy Corporation (NYSE:VLO) (“Valero”), announced today that it has signed an agreement with Magellan Pipeline Company, L.P., an indirect wholly owned subsidiary of Magellan Midstream Partners, L.P. (NYSE:MMP) (“Magellan”) to jointly build an approximately 135-mile, 16-inch products pipeline from Houston to Hearne, Texas.  In addition, Valero will separately build a terminal in... 
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08/10/17Valero Energy Corporation to Participate in the Barclays CEO Energy-Power Conference
SAN ANTONIO, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will present at the Barclays CEO Energy-Power Conference on Thursday, September 7, 2017.  A live audio webcast of these remarks, along with the associated slides, will be accessible via Valero’s website at www.valero.com.  A replay of the presentation will also be available on Valero’s website.  Ab... 
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08/03/17Valero Signs Long-Term Agreements to Import Refined Products into Central Mexico
SAN ANTONIO, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Valero Marketing and Supply de México, S.A. de C.V., an indirect wholly-owned subsidiary of Valero Energy Corporation (NYSE:VLO) (“Valero”), announced today that it has signed long-term agreements with Infraestructura Energetica Nova, S.A.B. de C.V. (BMV:IENOVA) (“IEnova”), to import refined products at the new Port of Veracruz. In July, IEnova won the Port of Veracruz’s bid for a 20-year concession to build and operate a new marine terminal fo... 
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07/27/17Valero Energy Reports Second Quarter 2017 Results
Reported net income attributable to Valero stockholders of $548 million, or $1.23 per share. Invested $461 million of growth and sustaining capital in the second quarter. Returned $658 million in cash to stockholders through dividends and stock buybacks. Expect Diamond Pipeline and Wilmington cogeneration projects to be complete and online by the end of 2017. SAN ANTONIO, July 27, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) (“Valero”) today reported net income at... 
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07/20/17Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
SAN ANTONIO, July 20, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE:VLO) (“Valero”) has declared a regular quarterly cash dividend on the company’s common stock of $0.70 per share. The dividend is payable on September 7, 2017 to holders of record at the close of business on August 9, 2017.   About Valero Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical prod... 
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07/12/17Valero Energy Corporation and Plains All American Pipeline, L.P. Plan to Challenge Attempt to Block Proposed Acquisition by Valero of Certain Plains Assets
SAN ANTONIO and HOUSTON, July 12, 2017 (GLOBE NEWSWIRE) -- Earlier today, certain media outlets erroneously reported that the California Attorney General has filed suit to enjoin "a merger" between Valero Energy Corporation, Valero Energy Partners LP, and Plains All American Pipeline LP. The erroneous report was apparently based on a filing by the California Attorney General in the United States District Court for the Northern District of California, mischaracterizing as a "merger" a proposed ... 
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06/30/17PG&E Sued for Power Outage at Valero’s Benicia Refinery
SAN ANTONIO, Texas, June 30, 2017 -- Valero Refining Company-California (Valero), which owns and operates the Benicia, California, refinery, filed a lawsuit today against California's largest utility company, Pacific Gas & Electric Company (PG&E), in the Eastern District of California after PG&E shut off all electricity to the refinery on May 5, 2017. Valero is seeking damages in excess of $75 million for damage to critical refinery equipment, lost revenue and other damages ... 
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06/13/17Valero Energy Corporation to Announce Second Quarter 2017 Earnings Results on July 27, 2017
SAN ANTONIO, June 13, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on July 27, 2017 at 10:00 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com. About Valero Valero Energy Corporation, through its subsidiaries, is... 
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06/02/17Valero Energy Corporation Will Attend The JPMorgan Energy Equity Conference
SAN ANTONIO, June 02, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will present at the JPMorgan Energy Equity Conference on Tuesday, June 27, 2017 at 8:40 a.m. Eastern Time.  A live audio webcast of these remarks, along with the associated slides, will be accessible via Valero’s website at www.valero.com.  A replay of the presentation will be available on Valero’s ... 
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05/31/17Valero Energy Corporation Will Attend The Wells Fargo Securities West Coast Energy Conference
SAN ANTONIO, May 31, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will attend the Wells Fargo Securities West Coast Energy Conference on June 20, 2017.  About Valero Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San... 
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05/03/17Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
SAN ANTONIO, May 03, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE:VLO) (“Valero”) has declared a regular quarterly cash dividend on the company’s common stock of $0.70 per share. The dividend is payable on June 7, 2017 to holders of record at the close of business on May 17, 2017.   About Valero Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Va... 
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04/25/17Valero Energy Reports First Quarter 2017 Results
Reported net income attributable to Valero stockholders of $305 million, or $0.68 per share. Invested $641 million of growth and sustaining capital in the first quarter. Returned $629 million in cash to stockholders through dividends and stock buybacks. Incurred $146 million of costs to meet biofuel blending obligations, primarily from the purchase of Renewable Identification Numbers (RINs). Created new VLP segment to report the results of Valero’s majority-owned master limited partn... 
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03/22/17Valero Energy Corporation to Announce First Quarter 2017 Earnings Results on April 25, 2017
SAN ANTONIO, March 22, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on April 25, 2017 at 10:00 a.m. ET to discuss first quarter earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the presentation live via the internet may log on to Valero’s web site at www.valero.com. About Valero Valero Energy Corporation, through its subsidiaries, i... 
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03/06/17Valero Energy Corporation Will Participate In The Howard Weil Energy Conference
SAN ANTONIO, March 06, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will present at the Howard Weil Energy Conference on Monday, March 27, 2017 at 3:20 p.m. Central Time.    A live audio webcast of these remarks, along with the associated slides, will be accessible via Valero’s website at www.valero.com.  A replay of the presentation will be available on Valero’s w... 
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02/14/17Valero Energy Corporation Will Participate in the Bank of America Merrill Lynch Refining Conference
SAN ANTONIO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will present at the Bank of America Merrill Lynch Refining Conference on Thursday, March 2, 2017 at 9:30 a.m. Eastern Time.    A live audio webcast of these remarks, along with the associated slides, will be accessible via Valero’s website at www.valero.com.  A replay of the presentation will be ava... 
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01/31/17Valero Energy Reports 2016 Fourth Quarter and Full Year Results
Reported net income attributable to Valero stockholders of $367 million, or $0.81 per share, for the fourth quarter and $2.3 billion, or $4.94 per share, for the year. Reported adjusted net income attributable to Valero stockholders of $1.7 billion, or $3.72 per share, for the year.  Returned $440 million in cash to stockholders through dividends and stock buybacks in the fourth quarter and $2.4 billion in the year, which resulted in a total payout ratio of 142 percent of 2016 adjusted net... 
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01/26/17Valero Energy Corporation Increases Regular Cash Dividend by 17 Percent
SAN ANTONIO, Jan. 26, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE:VLO) (“Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $0.60 per share to $0.70 per share, effective with the quarterly dividend the Board has declared to be payable on March 7, 2017 to holders of record at the close of business on February 15, 2017.  The increase in the dividend raises the annualized cash dividend rate on Valero’s com... 
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01/24/17Valero Energy Corporation Will Attend The Credit Suisse Energy Summit
SAN ANTONIO, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will attend the Credit Suisse Energy Summit on February 13, 2017. About Valero Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 10,000 people, an... 
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