Valero 10-Q Confirms $6.8B Q3 Profit, Adds New $10B Buyback and $1.20 Dividend
VLO has more than doubled off its 52-week low of $159.9.
Summary
Valero's Q3 10-Q confirms the already-reported $6.8 billion quarterly profit and $23.90 EPS, and discloses a new $10.0 billion buyback authorization plus a $1.20 quarterly dividend declared October 27.
Key Events · Earnings and Guidance · VLO
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Q3 Profit Confirmed at $6.8B
Net income attributable to Valero was $6,828 million, or $23.90 per share, versus $1,095 million ($3.54) a year earlier, on revenue of $46,098 million.
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New $10B Buyback Authorized
On October 27, 2026 the board authorized up to $10.0 billion of share repurchases with no expiration, in addition to the $3,029 million remaining under the July 2026 Program.
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Dividend Held at $1.20
A quarterly cash dividend of $1.20 per common share was declared October 27, payable December 21, 2026 to holders of record November 24, 2026.
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Cash Generation Funds Returns
Nine-month operating cash flow was $13,902 million; Valero returned $7,257 million to stockholders ($6,198 million buybacks plus $1,059 million dividends) and held $14,739 million of liquidity.
Analysis · VLO · Energy & Transportation
The Q3 numbers were already public on October 22, so the earnings surprise itself is priced in. What is new here is capital return: on October 27 the board authorized up to $10.0 billion of additional buybacks on top of $3.0 billion left under the July program, and declared a $1.20 quarterly dividend. Against $13.9 billion of nine-month operating cash flow and $14.7 billion of liquidity, that is a credible commitment to keep retiring shares — Valero already spent $6.2 billion on 20.4 million shares in the first nine months. The offsetting item is the Port Arthur fire: lawsuits including a proposed class action and proposed regulatory penalties arrived in Q3, with no reserve estimate possible yet.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 36.5% of the 953 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VLO was trading at $391.08 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $111.5B. The 52-week trading range was $159.90 to $461.52. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.