Valero Shows Strong First Quarter with Increased Throughput, Higher Distillate Margins

SUGAR LAND--April 27, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) reported strong quarterly earnings on higher refining throughput and increased distillate margins in first-quarter 2018. Refinery throughput capacity utilization was 94%, averaging 2.9 million barrels per day (BBL/d), which is 93,000 BBL/d higher than first-quarter 2017. Valero exported 271,000 BBL/d of gasoline and distillate exports in the quarter. Industrial Info is tracking more than $3.6 billion in active Valero projects.

Within this article: Details of projects at Valero's refineries