8-KEarnings & ResultsRegulation FDExhibits & Filings

VALERO ENERGY CORP/TX 8-K Report, Financial Results (Apr 8, 2021)

Filed April 8, 2021For Securities:VLO

Summary

Valero Energy Corporation (VLO) filed an 8-K on April 8, 2021, to furnish a press release containing estimated preliminary first quarter 2021 financial information. While the company emphasizes that these are preliminary figures and actual results may differ due to the ongoing financial statement close process, the release provides investors with an early look at the company's performance for the quarter ending March 31, 2021. This filing serves as a crucial update for investors seeking to gauge Valero's operational and financial health in the current period. The provided preliminary data, though subject to change, offers insights into key performance indicators that will be further detailed in the official quarterly report. Investors should note that this information is furnished, not filed, and is subject to forward-looking statement safe harbor provisions.

Key Highlights

  • 1Valero Energy Corporation (VLO) issued a press release on April 8, 2021, with preliminary Q1 2021 financial results.
  • 2The disclosed information is based on current estimates and is subject to change during the finalization of financial statements.
  • 3The press release (Exhibit 99.01) is furnished with the 8-K filing and incorporated by reference.
  • 4The filing includes a safe harbor statement for forward-looking statements, cautioning investors about potential material differences between projections and actual results.
  • 5The company is providing an early view of Q1 2021 performance ahead of the full financial statement close.
  • 6This update is provided to investors under Regulation FD disclosure rules.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish a press release containing Valero's estimated preliminary financial results for the first quarter of 2021. It provides investors with an early look at the company's performance before the official quarterly financial statements are finalized.

No, the financial results presented are preliminary estimates. Valero explicitly states that actual results may differ materially because the quarterly financial statement close process is not yet complete and further adjustments may occur.

When information is 'furnished' (as opposed to 'filed'), it generally means the company is providing the information to the SEC for public dissemination but is not subject to the same level of liability for misstatements or omissions under Section 18 of the Securities Exchange Act of 1934. This information also typically won't be automatically incorporated into the company's other SEC filings, like registration statements, unless specifically stated.

The detailed and finalized first quarter 2021 financial information will be available in Valero's subsequent Form 10-Q filing with the SEC. This 8-K only provides preliminary estimated figures.