BUZZ - Valero Energy shares rise due to third-quarter earnings beating expectations
路透社2026/10/22 11:08October 22 - ** Shares of U.S. refiner Valero Energy (VLO.N) rose 1.9% in pre-market trading to $444.99
** Driven by supply disruptions caused by the Middle East conflict, Valero (link) posted third-quarter refining margins that soared and exceeded Wall Street expectations
** The company reported third-quarter earnings per share of $23.90, above analysts' estimate of $21.70 — LSEG data
** "This quarter, our refineries operated at near record-high utilization rates, providing a reliable supply of key transportation fuels," said CEO Lane Riggs
** Valero's third-quarter refining margin reached $39.24 per barrel, compared with $13.14 per barrel a year earlier
** As of the previous day's market close, the stock had gained 168.2% year-to-date
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