Oil Refining Giant Valero Tops Estimates Despite Q3 Profit Plunge ...Middle East

One of the biggest U.S. refiners, Valero Energy (NYSE: VLO), beat Wall Street estimates even as it reported a widely expected plunge in its third-quarter earnings due to slumping refining margins. Valero reported on Thursday earnings per share (EPS) of $1.14 for the third quarter, down by a massive 86% compared to the EPS of $7.49 for the same period last year. Yet, the earnings per share for July-September 2024 beat the analyst consensus estimate of $0.98. All U.S. refiners are expected to report much lower profits for the third quarter compared…

Hence then, the article about oil refining giant valero tops estimates despite q3 profit plunge was published today ( Thursday 24/10/2024 - 05:36 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Refining Giant Valero Tops Estimates Despite Q3 Profit Plunge )

Also on site :

• Labor Dispute in Australia Could Further Hinder Global LNG Supply
• Akuvox X910 erhält Red Dot Award 2026: weltweit erste KI-gesteuerte intelligente Gegensprechanlage mit Paketerkennung revolutioniert den Zugang zu Luxuswohnungen
• ESCMID Global: Maternal RSV vaccination cuts infant hospitalisation risk by over 80%, major UKHSA study finds