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MarketScreener Homepage  >  Equities  >  Nyse  >  Valero Energy    VLO

VALERO ENERGY

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Valero Energy : Reports Operational Snag at Corpus Christi, Texas Refinery

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05/22/2019 | 05:29pm EDT

By Dan Molinski

Valero Energy Corp. on Wednesday (VLO) reported an operational disruption and above-normal gas emissions at its refinery in Corpus Christi, Texas.

"Process upset caused 74TK35 [propane tank] to vent to the flare," the refinery said in a statement to the Texas Commission on Environmental Quality. "Pressure was relieved to flare until normal operating pressure was achieved."

It said the emissions, including some 897 pounds of sulfur dioxide, happened Tuesday and lasted more than 16 hours.

The 293,000-barrel-a-day refinery includes an east and west plant, and this incident happened at the west plant.

Write to Dan Molinski at dan.molinski@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
VALERO ENERGY 1.49% 78.09 Delayed Quote.2.39%
WTI 3.95% 53.97 Delayed Quote.15.99%
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Financials ($)
Sales 2019 103 B
EBIT 2019 4 064 M
Net income 2019 2 749 M
Debt 2019 7 437 M
Yield 2019 4,82%
P/E ratio 2019 11,28
P/E ratio 2020 6,82
EV / Sales 2019 0,37x
EV / Sales 2020 0,34x
Capitalization 31 180 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 106 $
Spread / Average Target 42%
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Managers
NameTitle
Joseph W. Gorder Chairman, President & Chief Executive Officer
R. Lane Riggs Chief Operating Officer & Executive Vice President
Donna M. Titzman Chief Financial Officer & Executive Vice President
Cheryl Thomas Chief Information Officer & Vice President
Robert A. Profusek Lead Independent Director
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