Business Segments · Investments in nonconsolidated joint ventures
Refining — Investments in nonconsolidated joint ventures
Valero Energy Refining — Investments in nonconsolidated joint ventures decreased by 0.6% to $680M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $691M to $680M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026Apr 30, 2026
Rolls up toEquity Method Investments
How to read this metric
Growth in this metric indicates strategic expansion through partnerships, while a decline may signal divestment or restructuring of joint venture interests.
Detailed definition
This metric represents the carrying value of the company's equity interests in joint ventures within the refining segmen...
Peer comparison
Commonly reported by energy companies with significant midstream or renewable partnerships.
Metric ID:
vlo_segment_refining_investments_in_nonconsolidated_joint_venturesHistorical Data
9 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $734M | $724M | $713M | $695M | $691M | $690M | $687M | $684M | $680M |
| QoQ Change | — | -1.4% | -1.5% | -2.5% | -0.6% | -0.1% | -0.4% | -0.4% | -0.6% |
| YoY Change | — | -1.4% | -1.5% | -2.5% | — | — | — | -1.6% | -1.6% |
Range$680M – $734M
CAGR-3.7%
Avg YoY Growth-1.7%
Median YoY Growth-1.6%
Current Streak8+ quarters decline
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Frequently Asked Questions
- What is Valero Energy's refining — investments in nonconsolidated joint ventures?
- Valero Energy (VLO) reported refining — investments in nonconsolidated joint ventures of $680M in Q1 2026.
- How has Valero Energy's refining — investments in nonconsolidated joint ventures changed year-over-year?
- Valero Energy's refining — investments in nonconsolidated joint ventures decreased by 1.6% year-over-year, from $691M to $680M.
- What does refining — investments in nonconsolidated joint ventures mean?
- The value of the company's ownership stake in joint business ventures within the refining sector.