Operating expenses (excluding depreciation and amortization expense reflected below)
Valero Energy·Business Segments·3 segments
Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Refining | $1.22B | $1.26B | $1.29B | $1.29B | $1.31B | $1.39B | $1.44B | $1.35B |
| Ethanol | $125.00M | $133.00M | $141.00M | $154.00M | $144.00M | $148.00M | $165.00M | $164.00M |
| Renewable Diesel | $80.00M | $92.00M | $88.00M | $78.00M | $72.00M | $78.00M | $80.00M | $85.00M |
| Total | $125.00M | $133.00M | $141.00M | $154.00M | $144.00M | $148.00M | $165.00M | $164.00M |