VALERO ENERGY CORP/TX
VLO · Petroleum Refining · 296.9M shares · -4%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $5.0B (gross $5.1B, SBC $107M)
Reference price $236.90 · est. market cap ~$70.3B — last insider sale, 2026-06-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C67Large, well-capitalized refiner with median returns in a down-margin year.
Strengths
- Strong balance sheet: current ratio 1.65 (92nd pct), debt/equity 0.39 (80th), interest coverage 5.7x
- Scale and feedstock-advantage processing across refining, renewable diesel and ethanol
Risks
- ROE 9.9% (50th pct) and ROA 4.0% are mid-pack; net income fell 15.2%
- Highly volatile commodity margins beyond the company's control
Notable findings
Key metrics
Return on equity
9.9%
Return on assets
4.0%
ROIC
7.6%
Net-income growth
-15.2%
Debt / equity
0.4×
Net debt / EBITDA
0.7×
Interest coverage
5.7×
Current ratio
1.6×
EBITDA
$6.3B
Tangible book value
$23.3B
Cash & investments
$4.7B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | Fisher Eric A | Sell | 7.5K | $236.90 |
| 2026-05-18 | Fisher Eric A | Sell | 7.5K | $251.61 |
| 2026-05-06 | WILKINS RAYFORD JR | Disposition | 304 | $239.26 |
| 2026-05-06 | Ffolkes Marie A | Option exercise | 1.4K | — |
| 2026-05-06 | Ffolkes Marie A | Disposition | 511 | $239.26 |
| 2026-05-06 | Greene Kimberly S, | Option exercise | 1.4K | — |
| 2026-05-06 | Greene Kimberly S, | Disposition | 511 | $239.26 |
| 2026-05-06 | EBERHART PAULETT | Option exercise | 1.4K | — |
| 2026-05-06 | EBERHART PAULETT | Disposition | 511 | $239.26 |
| 2026-05-06 | Diaz Fred M | Option exercise | 1.4K | — |
| 2026-05-06 | Diaz Fred M | Disposition | 511 | $239.26 |
| 2026-05-06 | Mullins Eric D. | Option exercise | 1.4K | — |
| 2026-05-06 | Majoras Deborah P | Option exercise | 1.4K | — |
| 2026-05-06 | Majoras Deborah P | Disposition | 511 | $239.26 |
| 2026-05-06 | WEISENBURGER RANDALL J | Option exercise | 1.4K | — |
| 2026-05-06 | WEISENBURGER RANDALL J | Disposition | 304 | $239.26 |
| 2026-05-06 | WILKINS RAYFORD JR | Option exercise | 1.4K | — |
| 2026-03-12 | Fisher Eric A | Sell | 200 | $238.73 |
| 2026-03-12 | Fisher Eric A | Sell | 200 | $238.47 |
| 2026-03-11 | Fisher Eric A | Sell | 8.3K | $227.69 |
| 2026-02-26 | Bhullar Harminder S. | Tax withheld | 480 | $201.44 |
| 2026-02-26 | Bhullar Harminder S. | Tax withheld | 529 | $201.44 |
| 2026-02-25 | Fisher Eric A | Tax withheld | 2.4K | $198.03 |
| 2026-02-25 | Simmons Gary K. | Grant | 13K | — |
| 2026-02-25 | Simmons Gary K. | Tax withheld | 5.2K | $198.03 |
| 2026-02-25 | Walsh Richard Joe | Grant | 8.8K | — |
| 2026-02-25 | Walsh Richard Joe | Tax withheld | 3.5K | $198.03 |
| 2026-02-25 | Riggs R. Lane | Grant | 38K | — |
| 2026-02-25 | Riggs R. Lane | Tax withheld | 15K | $198.03 |
| 2026-02-25 | Bhullar Harminder S. | Grant | 7.0K | — |
| 2026-02-25 | Fisher Eric A | Grant | 6.0K | — |
| 2026-02-23 | Bhullar Harminder S. | Tax withheld | 416 | $199.98 |
| 2026-02-22 | Bhullar Harminder S. | Tax withheld | 423 | $199.89 |
| 2026-02-05 | Simmons Gary K. | Gift | 768 | — |
| 2026-01-21 | Riggs R. Lane | Option exercise | 14K | — |
| 2026-01-21 | Simmons Gary K. | Option exercise | 5.7K | — |
| 2026-01-21 | Simmons Gary K. | Option exercise | 2.2K | — |
| 2026-01-21 | Simmons Gary K. | Option exercise | 10K | — |
| 2026-01-21 | Simmons Gary K. | Option exercise | 9.3K | — |
| 2026-01-21 | Simmons Gary K. | Tax withheld | 11K | $190.33 |
| 2026-01-21 | Simmons Gary K. | Disposition | 8.3K | $190.33 |
| 2026-01-21 | Walsh Richard Joe | Option exercise | 4.3K | — |
| 2026-01-21 | Walsh Richard Joe | Option exercise | 5.3K | — |
| 2026-01-21 | Walsh Richard Joe | Option exercise | 5.4K | — |
| 2026-01-21 | Walsh Richard Joe | Tax withheld | 5.9K | $190.33 |
| 2026-01-21 | Walsh Richard Joe | Disposition | 4.5K | $190.33 |
| 2026-01-21 | Riggs R. Lane | Option exercise | 5.6K | — |
| 2026-01-21 | Riggs R. Lane | Option exercise | 29K | — |
| 2026-01-21 | Riggs R. Lane | Option exercise | 24K | — |
| 2026-01-21 | Riggs R. Lane | Tax withheld | 28K | $190.33 |
| 2026-01-21 | Riggs R. Lane | Disposition | 22K | $190.33 |
| 2026-01-21 | Bhullar Harminder S. | Option exercise | 2.0K | — |
| 2026-01-21 | Bhullar Harminder S. | Option exercise | 2.2K | — |
| 2026-01-21 | Bhullar Harminder S. | Option exercise | 2.1K | — |
| 2026-01-21 | Bhullar Harminder S. | Tax withheld | 2.5K | $190.33 |
| 2026-01-21 | Bhullar Harminder S. | Disposition | 1.9K | $190.33 |
| 2026-01-21 | Fisher Eric A | Option exercise | 3.9K | — |
| 2026-01-21 | Fisher Eric A | Option exercise | 262 | — |
| 2026-01-21 | Fisher Eric A | Option exercise | 4.8K | — |
| 2026-01-21 | Fisher Eric A | Option exercise | 4.2K | — |
| 2026-01-21 | Fisher Eric A | Tax withheld | 5.2K | $190.33 |
| 2026-01-21 | Fisher Eric A | Disposition | 3.9K | $190.33 |
| 2025-12-18 | Riggs R. Lane | Gift | 6.8K | — |
| 2025-12-17 | Walsh Richard Joe | Gift | 1.2K | — |
| 2025-11-21 | Fraser Jason W. | Gift | 4.9K | — |
| 2025-11-21 | Fraser Jason W. | Sell | 9.9K | $174.02 |
| 2025-11-06 | Fisher Eric A | Gift | 1.8K | — |
| 2025-05-15 | Mullins Eric D. | Option exercise | 2.0K | — |
| 2025-05-15 | Diaz Fred M | Option exercise | 2.0K | — |
| 2025-05-15 | Diaz Fred M | Disposition | 756 | $133.76 |
| 2025-05-15 | Ffolkes Marie A | Option exercise | 2.0K | — |
| 2025-05-15 | Ffolkes Marie A | Disposition | 756 | $133.76 |
| 2025-05-15 | Greene Kimberly S, | Disposition | 756 | $133.76 |
| 2025-05-15 | WEISENBURGER RANDALL J | Option exercise | 2.0K | — |
| 2025-05-15 | WILKINS RAYFORD JR | Option exercise | 2.0K | — |
| 2025-05-15 | WILKINS RAYFORD JR | Disposition | 450 | $133.76 |
| 2025-05-15 | Greene Kimberly S, | Option exercise | 2.0K | — |
| 2025-05-15 | Majoras Deborah P | Option exercise | 2.0K | — |
| 2025-05-15 | Majoras Deborah P | Disposition | 756 | $133.76 |
| 2025-05-15 | EBERHART PAULETT | Option exercise | 2.0K | — |
| 2025-05-15 | EBERHART PAULETT | Disposition | 756 | $133.76 |
| 2025-02-26 | Fisher Eric A | Grant | 8.1K | — |
| 2025-02-26 | Fisher Eric A | Tax withheld | 3.2K | $131.20 |
| 2025-02-26 | Walsh Richard Joe | Grant | 10K | — |
| 2025-02-26 | Walsh Richard Joe | Tax withheld | 4.1K | $131.20 |
| 2025-02-26 | Fraser Jason W. | Grant | 16K | — |
| 2025-02-26 | Fraser Jason W. | Tax withheld | 6.4K | $131.20 |
| 2025-02-26 | Simmons Gary K. | Grant | 18K | — |
| 2025-02-26 | Simmons Gary K. | Tax withheld | 7.1K | $131.20 |
| 2025-02-26 | Riggs R. Lane | Grant | 47K | — |
| 2025-02-26 | Riggs R. Lane | Tax withheld | 19K | $131.20 |
| 2025-02-19 | Simmons Gary K. | Gift | 1.0K | — |
| 2025-02-10 | Simmons Gary K. | Gift | 1.0K | — |
| 2025-02-10 | Riggs R. Lane | Gift | 1.5K | — |
| 2025-01-16 | Walsh Richard Joe | Option exercise | 5.1K | — |
| 2025-01-16 | Walsh Richard Joe | Option exercise | 4.9K | — |
| 2025-01-16 | Walsh Richard Joe | Option exercise | 5.2K | — |
| 2025-01-16 | Walsh Richard Joe | Tax withheld | 6.0K | $138.23 |
| 2025-01-16 | Walsh Richard Joe | Disposition | 4.6K | $138.23 |
| 2025-01-16 | Fisher Eric A | Option exercise | 4.8K | — |
| 2025-01-16 | Fisher Eric A | Option exercise | 4.4K | — |
| 2025-01-16 | Fisher Eric A | Option exercise | 297 | — |
| 2025-01-16 | Fisher Eric A | Option exercise | 4.7K | — |
| 2025-01-16 | Fisher Eric A | Tax withheld | 5.7K | $138.23 |
| 2025-01-16 | Fisher Eric A | Disposition | 4.3K | $138.23 |
| 2025-01-16 | Riggs R. Lane | Option exercise | 17K | — |
| 2025-01-16 | Riggs R. Lane | Option exercise | 16K | — |
| 2025-01-16 | Riggs R. Lane | Option exercise | 6.3K | — |
| 2025-01-16 | Riggs R. Lane | Option exercise | 28K | — |
| 2025-01-16 | Riggs R. Lane | Tax withheld | 27K | $138.23 |
| 2025-01-16 | Riggs R. Lane | Disposition | 21K | $138.23 |
| 2025-01-16 | Fraser Jason W. | Option exercise | 13K | — |
| 2025-01-16 | Fraser Jason W. | Option exercise | 11K | — |
| 2025-01-16 | Fraser Jason W. | Option exercise | 11K | — |
| 2025-01-16 | Fraser Jason W. | Tax withheld | 14K | $138.23 |
| 2025-01-16 | Fraser Jason W. | Disposition | 11K | $138.23 |
| 2025-01-16 | Simmons Gary K. | Option exercise | 8.5K | — |
| 2025-01-16 | Simmons Gary K. | Option exercise | 6.4K | — |
| 2025-01-16 | Simmons Gary K. | Option exercise | 2.5K | — |
| 2025-01-16 | Simmons Gary K. | Option exercise | 10K | — |
| 2025-01-16 | Simmons Gary K. | Tax withheld | 11K | $138.23 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-08 | Exec/director changeShareholder voteOtherExhibits | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-03-09 | Material agreementExhibits | filing ↗ |
| 2026-01-29 | ResultsExhibits | filing ↗ |
| 2025-10-29 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-10-23 | ResultsExhibits | filing ↗ |
| 2025-10-16 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-09-19 | Exec/director changeReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-08 | 2026-05-07 | 0001628280-26-032765 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001628280-26-028602 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001628280-26-028690 ↗ |
| 8-K | 2026-03-09 | 2026-03-05 | 0001193125-26-098770 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001628280-26-011499 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0001628280-26-003974 ↗ |
| 8-K | 2025-10-29 | 2025-10-28 | 0001193125-25-254583 ↗ |
| 8-K | 2025-10-23 | 2025-10-23 | 0001628280-25-045978 ↗ |
| 10-Q | 2025-10-23 | 2025-09-30 | 0001628280-25-046072 ↗ |
| 8-K | 2025-10-16 | 2025-10-16 | 0001193125-25-241519 ↗ |
| 8-K | 2025-09-19 | 2025-09-18 | 0001193125-25-208186 ↗ |
| 8-K | 2025-07-24 | 2025-07-24 | 0001035002-25-000060 ↗ |