Earnings call briefSecond-quarter 2026
Valero Energy expects 2026 capital investments of about $2 billion
Valero Energy said estimated $250 million Port Arthur DHT unit repair costs are included in its updated sustaining capital guidance.
GetSignal Valero Energy VLO
Valero Energy said on its second-quarter call that it expects 2026 capital investments attributable to Valero of approximately $2 billion, including approximately $1.7 billion for sustaining the business.
Senior Vice President and CFO Harminder S. Bhullar said the Port Arthur DHT unit is expected to return to service by year-end, with a substantial portion of its estimated $250 million repair cost expected to be covered by insurance.
Quotes from the call
“Turning to guidance, we expect capital investments attributable to Valero for 2026 to be approximately $2 billion.”
“Total repair costs are estimated to be $250 million and are included in our updated guidance for sustaining CapEx.”
Key facts from the call
- Expected 2026 capital investments
- Approximately $2 billion
- Port Arthur DHT repair cost (estimated)
- $250 million, included in updated sustaining capital guidance
- Expected third-quarter refining cash operating expenses
- Approximately $4.75 per barrel
- Expected 2026 G&A expenses
- Approximately $960 million
Source: Valero Energy's second-quarter 2026 earnings call, July 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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