8-KOther Events

VALERO ENERGY CORP/TX 8-K Report (Aug 13, 2002)

Filed August 13, 2002For Securities:VLO

Summary

This Form 8-K filing from Valero Energy Corporation, filed on August 13, 2002, primarily serves to comply with an SEC order issued on June 27, 2002. This order mandated that the principal executive and financial officers of certain public companies submit sworn statements attesting to the accuracy of their company's financial reporting. Valero's CEO, William E. Greehey, and CFO, John D. Gibbons, have each provided an "Statement Under Oath" (Exhibits 99.1 and 99.2, respectively). These statements confirm, to the best of their knowledge and based on their review of "covered reports" (including the 2001 Form 10-K and subsequent quarterly and 8-K filings), that no material misstatements or omissions were made. Both officers also affirmed that they reviewed the contents of their statements with the company's audit committee. For investors, this filing represents a formal reassurance of the integrity of Valero's past financial disclosures as of the filing date.

Key Highlights

  • 1Valero Energy Corporation filed an 8-K on August 13, 2002, to comply with an SEC order from June 27, 2002.
  • 2The filing includes sworn statements from CEO William E. Greehey (Exhibit 99.1) and CFO John D. Gibbons (Exhibit 99.2).
  • 3These statements attest to the accuracy of Valero's financial reporting, including the 2001 Form 10-K and subsequent filings.
  • 4The officers confirmed that, to their knowledge, no covered reports contained material misstatements or omissions.
  • 5Both officers stated they reviewed their respective statements with Valero's audit committee.
  • 6The filing is informational and aims to provide reassurance regarding the integrity of past financial disclosures.

Frequently Asked Questions

The primary purpose of this 8-K filing is to fulfill a requirement from an SEC administrative order dated June 27, 2002, which mandated that the principal executive and financial officers of certain companies submit sworn statements regarding the accuracy of their filings.

Exhibit 99.1 is a Statement Under Oath by Valero's CEO, William E. Greehey, and Exhibit 99.2 is a Statement Under Oath by Valero's CFO, John D. Gibbons. Both statements attest to the accuracy of the company's financial reports filed with the SEC.

"Covered reports" refers to Valero's Annual Report on Form 10-K for the fiscal year ended December 31, 2001, as well as all subsequent Form 10-Q, Form 8-K, and definitive proxy materials filed with the SEC up to the date of the statements.

No, this filing does not indicate specific financial issues or restatements. Instead, the sworn statements from the CEO and CFO provide an attestation that, to the best of their knowledge, the 'covered reports' did not contain material misstatements or omissions.