Valero Energy (VLO) expects Q2 EPS of $0.80-$0.90, including ~$0.05 in charges mostly related to...

|About: Valero Energy Corporation (VLO)|By:, SA News Editor

Valero Energy (VLO) expects Q2 EPS of $0.80-$0.90, including ~$0.05 in charges mostly related to costs incurred in the May spinoff of CST Brands. Q2 refining segment earnings are seen declining Y/Y, partly due to significantly lower discounts for heavy sour crude oil, higher natural gas costs, and higher costs to comply with the renewable fuels standard. VLO -4.7% AH.