Valero Energy Corporation is a well-known oil refining player. The company recently delivered solid financial results as a result of the recovery in its refining segment, which is supported by relatively low product inventories and strong product demand globally. The rationalizations in the refinery capacity contribute to the tightness of the supply. Despite a weak margin environment, the ethanol business generates a positive operating income for Valero. In the upcoming quarters, the renewable d ....
30 Jun 2022
Valero Energy Corporation: Detailed Credit Analysis & Financial Strength Evaluation Report, Key Risks & ESG Assessment (06/2022)
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Valero Energy Corporation: Detailed Credit Analysis & Financial Strength Evaluation Report, Key Risks & ESG Assessment (06/2022)
- Published:
30 Jun 2022 -
Author:
Ishan Majumdar -
Pages:
17
Valero Energy Corporation is a well-known oil refining player. The company recently delivered solid financial results as a result of the recovery in its refining segment, which is supported by relatively low product inventories and strong product demand globally. The rationalizations in the refinery capacity contribute to the tightness of the supply. Despite a weak margin environment, the ethanol business generates a positive operating income for Valero. In the upcoming quarters, the renewable d ....