Investing.com - Valero Energy (NYSE:VLO) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Valero Energy announced earnings per share of $0.48 on revenue of $27.75B. Analysts polled by Investing.com anticipated EPS of $0.171 on revenue of $21.76B.
Valero Energy shares are down 0% from the beginning of the year and are trading at $67.30 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 15.77% from the start of the year.
Valero Energy follows other major Energy sector earnings this month
Valero Energy's report follows an earnings beat by Royal Dutch Shell B ADR on Thursday, who reported EPS of $1.42 on revenue of $60.52B, compared to forecasts EPS of $1.21 on revenue of $78.09B.
Royal Dutch Shell ADR had beat expectations on Thursday with second quarter EPS of $1.42 on revenue of $60.52B, compared to forecast for EPS of $1.21 on revenue of $78.09B.
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