VLO at a glance
Valero Energy (VLO, SEC CIK 1035002) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 18, 2026 and Form 4 insider filings as recently as September 21, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Valero Energy (VLO) reported revenue of $122.7 billion (down 5.5% from FY2024) and net income of $2.3 billion. Diluted EPS was $7.57.
- As of June 30, 2026, 55 institutional investment managers tracked by SignalX reported holding Valero Energy (VLO) shares worth $36.8 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Fisher Eric A on June 29, 2026 of 7,500 shares at $268.17 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $122.7B
- −5.5% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 55 funds
- $36.8B · +1 vs prior quarter
- Latest 8-K
- Sep 18, 2026
- Item 5.02 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Section 'business' was empty or not found.
Risk Factors
- EPA's proposed RFS Set II rules (June 2025) could increase RVOs for 2026-2027, reduce RINs from foreign feedstocks by 50%, and cut hydrogenation equivalency values, threatening DGD margins
- DGD's renewable diesel/SAF facing asymmetric tariff pressure: U.S. tariffs on foreign feedstocks plus foreign duties on U.S.-exported product, with no reciprocal broad tariff on foreign finished imports
- California SBx 1-2 and LCFS amendment (approved June 2025) cap biomass-based diesel credits at 20% per producer and target 30% CI reduction by 2030, acutely pressuring refinery operations
- Competitors with company-owned crude production and integrated retail networks better positioned to absorb margin compression: Valero owns no primary feedstock production and no retail network
- Texas grid "scarcity pricing" exposure creates ongoing electricity cost volatility across multiple refinery sites, compounded by growing electrification and AI-driven data center power demand
Management Discussion & Analysis
- Revenue $122.7B, down $7.2B YoY; decline driven by lower petroleum product prices in Refining segment
- Net income $2.3B vs $2.8B in 2024; GAAP operating margin 2.6% vs 2.9%; adjusted operating income $4.4B vs $3.8B
- Best segment: Refining, adjusted operating income $5.3B (+$1.3B YoY); worst: Renewable Diesel, operating loss $156M vs profit $507M in 2024, hit by $940M higher feedstock costs and $675M tax incentive decline
- Operating cash flow $5.8B; capex $1.9B; returned $4.0B to stockholders ($2.6B buybacks + $1.4B dividends); $9.8B total liquidity; new $2.5B buyback authorized Feb 2026
- Key risks: Benicia Refinery idling by April 2026 with $1.1B impairment already booked; tariff pressure on renewable feedstocks and blender's tax credit replacement continue to weigh on Renewable Diesel margins
AI summary of the VLO 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $44.476B vs $29.889B YoY, up $14.587B
- Net income $3.720B vs $714M YoY
- Refining best segment: operating income $4.470B vs $1.266B
- Renewable Diesel weakest improvement: operating income $717M vs $(79)M
- Six-month operating cash $7.0B; $798M capital investments and $3.6B returned to stockholders
Risk Factors
- No material changes from Valero’s December 31, 2025 Form 10-K risk factors
- No newly added risk factor or quarter-specific trigger disclosed
- No materially updated regulatory, legal, or compliance risk disclosed
- No new operational, competitive, market, liquidity, debt, currency, or concentration risk disclosed
AI summary of the VLO 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Board expanded to 11 members with Matthew Audette elected through the 2027 annual meeting
- Audette appointed to the Audit Committee, strengthening oversight of financial reporting and controls
Item 7.01: Regulation FD Disclosure
- Forward-looking disclosure covers expected timing of Valero’s 2027 Annual Meeting
- CEO Lane Audette expected to stand for re-election at the 2027 Annual Meeting
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release issued July 30, 2026
Item 7.01: Regulation FD Disclosure
- Form 8-K signed July 16, 2026 by Homer S. Bhullar, Valero’s Senior Vice President and CFO
AI summaries of VLO 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for VLO
Don't miss the next VLO filing
- Alerts as it files. A push when VLO files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut VLO, by share count.
- Ask anything. An AI agent that reads every VLO filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Reymond Robert L | M | Sep 18, 2026 | 924 | - |
| Reymond Robert L | M | Sep 18, 2026 | 924 | - |
| Audette Matthew J | A | Sep 17, 2026 | 372 | - |
| Simmons Gary K. | G | Sep 16, 2026 | 4,000 | - |
| Walsh Richard Joe | G | Aug 21, 2026 | 3,104 | - |
| Fisher Eric A | Sell | Jun 29, 2026 | 7,500 | $268.17 |
| Fisher Eric A | Sell | Jun 18, 2026 | 7,500 | $236.90 |
| Fisher Eric A | Sell | May 18, 2026 | 7,500 | $251.61 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $144.8B | $129.9B | $122.7B |
| Operating Income | $11.9B | $3.8B | $3.2B |
| Net Income | $8.8B | $2.8B | $2.3B |
| Op. Margin | 8.2% | 2.9% | 2.6% |
| Net Margin | 6.1% | 2.1% | 1.9% |
| Balance Sheet | |||
| Total Assets | - | $60.1B | $58.0B |
| Equity | $26.3B | $24.5B | $23.7B |
| ROE | 33.5% | 11.3% | 9.9% |
| Per Share | |||
| EPS | $24.92 | $8.58 | $7.57 |
| Cash Flow | |||
| Operating CF | $9.2B | $6.7B | $5.8B |
Source: XBRL data in Valero Energy (VLO)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate VLO share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 55 | $36.81B |
| Q1 2026 | 54 | $36.31B |
| Q4 2025 | 54 | $23.15B |
| Q3 2025 | 53 | $26.27B |
| Q2 2025 | 52 | $20.56B |
| Q1 2025 | 51 | $15.64B |
| Q4 2024 | 42 | $12.25B |
| Q3 2024 | 40 | $8.13B |
- AQR Capital Management+1.33M (+193%)
- Morgan Stanley+782.6K (+11%)
- Two Sigma Investments+592.3K (+86%)
- Wells Fargo & Co+395.1K (+34%)
- Citigroup+239.6K (+62%)
- T. Rowe Price Group−4.21M (-52%)
- Ameriprise Financial−1.31M (-20%)
- BlackRock−869.2K (-3%)
- JPMorgan Chase & Co−769.1K (-26%)
- State Street Corp−712.0K (-4%)
- Renaissance Technologies LLC+131.0K
- D.E. Shaw & Co+31.9K
- Marex Group plc−2.4K
Source: 13F-HR filings on SEC EDGAR (aggregated from 401 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
VLO filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 21, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 8-K | Sep 18, 2026 | - | Analysis | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Aug 24, 2026 | - | - | - |
| SC 13G | Jul 31, 2026 | - | - | |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 8-K | Jul 16, 2026 | - | Analysis | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 18, 2026 | - | - | - |
| 4 | May 20, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 8-K | May 8, 2026 | - | Analysis | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - | |
| 4 | May 7, 2026 | - | - |
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VLO SEC filings: frequently asked questions
Which institutions hold VLO stock?
As of June 30, 2026, the largest Valero Energy (VLO) holders among the 13F filers tracked by SignalX were BlackRock ($6.5 billion), Vanguard Capital Management LLC ($5.1 billion), State Street Corp ($4.9 billion), Vanguard Portfolio Management LLC ($3.9 billion), FMR LLC (Fidelity) ($2.2 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was VLO's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Valero Energy (VLO) reported revenue of $122.7 billion (down 5.5% from FY2024) and net income of $2.3 billion. Diluted EPS was $7.57. The figures come from the XBRL data in the 10-K.
What are the main risks in VLO's latest 10-K?
In the 10-K filed February 25, 2026, Valero Energy (VLO) flagged: EPA's proposed RFS Set II rules (June 2025) could increase RVOs for 2026-2027, reduce RINs from foreign feedstocks by 50%, and cut hydrogenation equivalency values, threatening DGD margins. DGD's renewable diesel/SAF facing asymmetric tariff pressure: U.S. tariffs on foreign feedstocks plus foreign duties on U.S.-exported product, with no reciprocal broad tariff on foreign finished imports. (AI summary of the Risk Factors section.)
What did VLO report in its latest 8-K?
Valero Energy (VLO) filed an 8-K on September 18, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers) and Item 7.01 (Regulation FD Disclosure). Board expanded to 11 members with Matthew Audette elected through the 2027 annual meeting.
What are the latest VLO SEC filings?
Valero Energy (VLO) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 18, 2026 and a Form 4 insider filing on September 21, 2026.
What is VLO's SEC CIK number?
Valero Energy (VLO)'s SEC Central Index Key (CIK) is 1035002. EDGAR lists every VLO filing under that number.
Ask anything about VLO
The research agent reads VLO's filings, financials, insider trades and 13F holders, then answers with sources.