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Valero Energy 8-K Report, Regulation FD Disclosure (Oct 30, 2026)

Reports
Regulation FD·Other Events·Exhibits & Filings
Filing Date
Filed October 30, 2026
Period End
October 29, 2026
Security
VLO
In the record · 2016–202610-K1110-Q338-K138

VLO filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 138 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Dec ’19Dec ’19
  2. Material agreement8-K · Nov ’21Nov ’21
  3. Leadership change8-K · Oct ’25Oct ’25

01—Abstract

Summary

Summary of the 8-K filed October 30, 2026. Cited figures are marked; the original filing is the authoritative source.

Valero Energy Corporation (VLO) has announced a strategic acquisition of a former petroleum refinery facility located adjacent to its Houston refinery on the Houston Ship Channel.

The acquisition, valued at $320.5 milliona, is from a subsidiary of LyondellBasell Industries N.V. and is expected to close by the end of 2026, subject to regulatory approvals. This move allows Valero to expand its Gulf Coast refining footprint at a cost below replacement value and offers the potential to restart significant throughput capacity, with initial plans to bring 165,000 barrels per day (BPD) of light sweet crude processing online by year-end 2027. The company views this as a unique opportunity to enhance its refining system's long-term strength and generate compelling financial returns.

Beyond the initial restart, Valero sees potential for future investment in high-complexity, heavy sour crude processing, further diversifying its operational capabilities and supporting its disciplined capital allocation strategy. This acquisition is anticipated to provide attractive commercial optimization opportunities and contribute positively to Valero's business and financial performance.

02—Key points

Key Highlights

  1. Valero Energy is acquiring a 700-acre former petroleum refinery facility adjacent to its Houston refinery for $320.5 million.
  2. The acquisition is from a subsidiary of LyondellBasell Industries N.V. and is expected to close by the end of 2026, pending regulatory approval.
  3. Valero plans to restart 165,000 BPD of light sweet crude processing capacity by year-end 2027.
  4. The deal is considered a strategic expansion of Valero's U.S. Gulf Coast footprint at a fraction of replacement value.
  5. The facility presents an opportunity for future investment in high-complexity, heavy sour crude processing.
  6. The acquisition is expected to yield a compelling financial return and generate attractive commercial optimization opportunities.
  7. The transaction is subject to customary closing conditions, including the Hart-Scott-Rodino Antitrust Improvements Act waiting period.

03—Questions

Frequently Asked Questions

  1. What is Valero acquiring and from whom?

    Valero is acquiring an approximately 700-acre facility that previously operated as a petroleum refinery, located adjacent to its existing Houston refinery. The seller is LYB Houston Hub Holdings LLC, a subsidiary of LyondellBasell Industries N.V.

  2. What is the purchase price for this facility?

    The purchase price for the facility is $320.5 million, subject to customary closing adjustments.

  3. When is the transaction expected to close and what are the key conditions?

    The transaction is expected to close by the end of 2026. Key closing conditions include the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, along with other customary closing conditions.

  4. What are Valero's plans for the acquired facility?

    Valero intends to initially restart 165,000 barrels per day (BPD) of light sweet crude processing capacity by the end of 2027. There is also an identified opportunity for future investment in high-complexity, heavy sour crude processing.

04—Continue

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