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 $680.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $691.00M to $680.00M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026

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_ventures

Historical Data

9 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$734.00M$724.00M$713.00M$695.00M$691.00M$690.00M$687.00M$684.00M$680.00M
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$680.00M$734.00M
CAGR-3.7%
Avg YoY Growth-1.7%
Median YoY Growth-1.6%
Current Streak8+ quarters decline

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 $680.00M 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 $691.00M to $680.00M.
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.