Premium Industrial NewsValero's Refining Segment Sees Happier Days with Positive Third-Quarter Results
Valero's Refining Segment Sees Happier Days with Positive Third-Quarter Results
Industry Segment: Alternative Fuel | Word Count: 875 Words
SUGAR LAND--October 22, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Refiner and alternative fuels producer Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) is emerging from the doldrums of 2020, when the COVID-19 pandemic put a strong dent in refined product demand. The company's Refining segment posted operating income of $835 million in the just-passed third quarter of 2021, compared with a $629 million operating loss in the third quarter of last year.
Other companies featured: BlackRock Incorporated (NYSE:BLK)
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