Summary
Valero Energy Corp. (VLO) filed its 2008 10-K on February 26, 2009, detailing its financial performance and operational landscape for the fiscal year ending December 30, 2008. The filing provides a comprehensive overview of the company's refining and marketing operations, highlighting the inherent risks and complexities of the energy sector during a period of significant economic volatility. Investors should pay close attention to the company's strategies in navigating fluctuating commodity prices, regulatory environments, and global demand. This report offers insights into Valero's financial condition, results of operations, and its approach to managing market risks. Key areas of focus for investors include the company's segment performance, risk factors pertinent to its business, and the detailed analysis of its financial statements. The filing also addresses corporate governance and executive compensation, providing a complete picture of the company's structure and leadership.
Financial Highlights
46 data points| Operating Expenses | $112.38B |
| Operating Income | $761.00M |
| Interest Expense | $451.00M |
| Net Income | -$1.13B |
| EPS (Basic) | $-2.16 |
| EPS (Diluted) | $-2.16 |
| Shares Outstanding (Basic) | 524.00M |
| Shares Outstanding (Diluted) | 524.00M |
Key Highlights
- 1The 10-K report covers Valero's business segments, risk factors, and properties, offering a foundational understanding of its operational structure.
- 2Key financial data and Management's Discussion and Analysis (MD&A) are provided, crucial for assessing the company's performance and financial health in 2008.
- 3The filing details Valero's approach to Market Risk, including quantitative and qualitative disclosures, essential for understanding its exposure to commodity price fluctuations.
- 4Information regarding Legal Proceedings and Environmental Matters is presented, alerting investors to potential liabilities and operational constraints.
- 5Details on the Market for Registrant's Common Equity and Issuer Purchases of Equity Securities are included, giving insights into shareholder value and capital allocation.
- 6The report outlines Executive Officers and Directors, alongside information on Executive Compensation, offering transparency into the company's leadership and governance.
- 7A breakdown of Principal Accountant Fees and Services is provided, which can indicate the scope of audits and the relationship with external auditors.