Early Access

10-QPeriod: Q1 FY2010

VALERO ENERGY CORP/TX Quarterly Report for Q1 Ended Mar 31, 2010

Filed May 7, 2010For Securities:VLO

Summary

Valero Energy Corp. (VLO) filed its quarterly report on May 6, 2010, for the period ending March 30, 2010. The report provides a detailed look at the company's financial performance and condition during the first quarter of 2010. Investors should pay close attention to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section, which offers crucial insights into the factors driving the company's revenues, expenses, and profitability. The financial statements, including the balance sheets, income statements, and cash flow statements, will reveal the company's operational efficiency, liquidity, and overall financial health.

Financial Statements
Beta
Operating Expenses$18.49B
Operating Income$4.00M
Interest Expense$147.00M
Net Income-$113.00M
EPS (Basic)$-0.14
EPS (Diluted)$-0.20
Shares Outstanding (Basic)562.00M
Shares Outstanding (Diluted)562.00M

Key Highlights

  • 1The report covers the first quarter of 2010, providing a snapshot of Valero's performance as the year began.
  • 2Key financial statements including Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows are presented for investor analysis.
  • 3Management's Discussion and Analysis (MD&A) is a critical section for understanding the drivers behind the company's financial results and outlook.
  • 4The filing includes information on Legal Proceedings and Risk Factors, which are important for assessing potential liabilities and strategic challenges.
  • 5Disclosures regarding Market Risk provide insight into how economic factors might impact Valero's business.
  • 6Information on Controls and Procedures is available, addressing the company's internal reporting and compliance mechanisms.

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