Earnings call briefThird-quarter 2026
Valero Energy expects fourth-quarter refining cash costs of $4.85 a barrel
Valero Energy also said it still expects 2026 capital investment attributable to Valero of approximately $2 billion.
GetSignal Valero Energy VLO
Valero Energy said on its third-quarter call that it expects fourth-quarter refining cash operating expenses of $4.85 per barrel. Senior Vice President, and CFO Harminder S. Bhullar said repairs to the Port Arthur DHT unit remain on track for completion by year end, with total costs still estimated at approximately $250 million, included in sustaining capital guidance.
Quotes from the call
“We expect refining cash operating expenses in the fourth quarter to be $4.85 per barrel.”
“Repairs to the Port Arthur DHT unit remain on track for completion by year end. Total repair costs are still estimated to be approximately $250 million which are included in our sustaining capital guidance.”
Key facts from the call
- Expected fourth-quarter refining cash operating expenses
- $4.85 per barrel
- Expected 2026 capital investment attributable to Valero
- approximately $2 billion
- Port Arthur DHT unit repair cost estimate
- approximately $250 million, included in sustaining capital guidance
Source: Valero Energy's third-quarter 2026 earnings call, October 22, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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