Valero Energy Corporation (VLO) Q1 2025 Earnings Call Transcript

Valero Energy Corporation (NYSE:VLO) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET

Company Participants

Homer Bhullar - VP, IR & Finance
Lane Riggs - CEO, President & Chairman
Eric Fisher - SVP, Product Supply, Trading & Wholesale
Jason Fraser - EVP & CFO
Richard Walsh - EVP & General Counsel

Conference Call Participants

Manav Gupta - UBS
Roger Read - Wells Fargo
Ryan Todd - Piper Sandler & Co.
Theresa Chen - Barclays
Neil Mehta - Goldman Sachs
John Royall - JPMorgan
Doug Leggate - Wolfe Research
Paul Cheng - Scotiabank
Joe Laetsch - Morgan Stanley
Jason Gabelman - Cowen
Jean Salisbury - Bank of America Merrill Lynch
Matthew Blair - Tudor Pickering Holt & Company

Operator

Greetings, and welcome to the Valero Energy Corp. First Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Homer Bhullar, VP of Investor Relations and Finance. Thank you. You may begin.

Homer Bhullar

Good morning, everyone, and welcome to Valero Energy Corporation's First Quarter 2025 Earnings Conference Call.

With me today are Lane Riggs, our Chairman, CEO and President; Jason Fraser, our Executive Vice President and CFO; Gary Simmons, our Executive Vice President and COO; Rich Walsh, our Executive Vice President and General Counsel; and several other members of Valero's senior management team.

If you have not received the earnings release and would like a copy, you can find one on our website at investorvalero.com. Also attached to the earnings release are tables that provide additional financial information on our business segments and reconciliations and disclosures for adjusted financial metrics mentioned on this call. If you have any questions after reviewing these tables, please feel free to contact our Investor Relations team after the call.

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