Valero Energy stock: Q3 refining surge contrasts with softer quote

Valero Energy stock traded at 325.25 euros on Lang & Schwarz at 16:41 CET on Wednesday, November 4, 2026, 3.97 percent below the 338.70 euros reported in the previous Valero report on Tuesday, November 3. The comparison is based on the two Lang & Schwarz indications and is separate from the daily Xetra comparison.

Valero's latest operating update remains the third-quarter report released on October 22, 2026. In its third-quarter results release, the company said net income attributable to stockholders reached USD 6.8 billion, or USD 23.89 per diluted share, compared with USD 1.1 billion and USD 3.53 per share in the year-earlier quarter.

Refining supplied the profit surge

Refining operating income climbed to USD 8.8 billion from USD 1.6 billion. Throughput averaged 2.972 million barrels per day, while refining margin per barrel increased to USD 39.24 from USD 13.14.

The Renewable Diesel segment returned to a profit of USD 353 million after an operating loss of USD 28 million a year earlier. Ethanol operating income rose to USD 272 million from USD 183 million, and the St. Charles FCC Unit optimization project entered service on schedule and within budget.

What changed since the last report

The new information for this second report is the material movement in the Lang & Schwarz indication since the previous article. The latest operating figures themselves were already covered in the November 3 report, so the investor focus remains on how refining margins develop after the unusually strong comparison with the third quarter of 2025.

Investors can follow the real-time quote of Valero Energy stock for the latest trading indication.

Broader energy-market conditions remain an important backdrop for refiners; investors can review current S&P 500 market developments.

Further company-specific coverage is available in more news and analyses on Valero Energy stock.