8-KOther Events

VALERO ENERGY CORP/TX 8-K Report (Jul 29, 2004)

Filed July 29, 2004For Securities:VLO

Summary

Valero Energy Corporation (VLO) filed an 8-K on July 29, 2004, primarily to furnish a press release announcing its second quarter 2004 financial results. The press release, attached as Exhibit 99.1, details the company's operational and financial performance for the period. Investors should note that the company highlighted two non-GAAP financial measures: EBITDA and Debt-to-Capitalization Ratio (net of cash).

Key Highlights

  • 1Valero Energy Corporation (VLO) announced its second quarter 2004 financial results via an 8-K filing on July 29, 2004.
  • 2The primary purpose of the filing was to furnish a press release containing these results (Exhibit 99.1).
  • 3The press release includes discussion of financial results for the second quarter of 2004.
  • 4Valero disclosed two non-GAAP financial measures: EBITDA and Debt-to-Capitalization Ratio (net of cash).
  • 5The company provided reconciliations for these non-GAAP measures to their nearest GAAP equivalents.
  • 6The information furnished in this 8-K, including the press release, is not incorporated by reference into future SEC filings unless explicitly stated.
  • 7The filing includes the standard signature block from a duly authorized officer of the company.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and furnish Valero Energy Corporation's financial results for the second quarter of 2004, as detailed in an accompanying press release.

Valero is reporting EBITDA and Debt-to-Capitalization Ratio (net of cash) as key non-GAAP financial measures in its second quarter 2004 earnings release.

The press release furnished as Exhibit 99.1 contains the detailed financial results and reconciliations of non-GAAP measures. Investors can also refer to Valero's annual report on Form 10-K for the year ended December 31, 2003, for further context, specifically the 'Management's Discussion and Analysis' section.

No, the information in this specific 8-K filing is being furnished and is not being filed. Therefore, it will not be automatically incorporated by reference into Valero's other SEC filings, such as registration statements, unless explicitly stated otherwise by the company.