Recent Updates — VLO

Valero Energy Corporation increased its board size to eleven members and elected Matthew Audette as an independent director effective September 17, 2026. Mr. Audette, currently President and CFO of LPL Financial Holdings Inc., joins the Audit Committee immediately. The Board approved a $10,000 increase to non-employee director compensation components for 2027 and granted Mr. Audette a pro-rata equity award of 372 stock units valued at a cash retainer of $101,667. Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based fuels and petrochemical products operating refineries in the U.S., Canada, and the U.K.

Valero Energy Corporation reported second quarter 2026 net income attributable to stockholders of $3.7 billion, or $12.62 per share, compared to $714 million in the prior year period. The company declared a regular quarterly cash dividend on common stock of $1.20 per share. Stockholder cash returns totaled $2.6 billion for the quarter. Valero operates as a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products.

Valero Energy Corporation authorized a new $5.0 billion share repurchase program, which is in addition to the remaining $1.4 billion available under its previous February 2026 Program. Valero Energy Corporation is an energy company that refines and markets products from crude oil and natural gas.