Discontinued — last reported Q3 '25
Refining — Total expenditures for long-lived assets
Valero Energy Refining — Total expenditures for long-lived assets decreased by 13.4% to $324.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from $344.00M to $324.00M. Over 3 years (FY 2021 to FY 2024), Refining — Total expenditures for long-lived assets shows an upward trend with a 6.0% CAGR.
Analysis
How to read this metric
Higher expenditures indicate active investment in growth or maintenance, while lower expenditures may signal a focus on cash preservation or the completion of major capital cycles.
Detailed definition
This metric tracks the capital investment directed toward the acquisition, construction, or improvement of long-term phy...
Peer comparison
Comparable to capital expenditures (CapEx) reported by peer refining and midstream companies, often analyzed relative to depreciation levels to determine if the company is growing or merely maintaining its asset base.
vlo_segment_refining_total_expenditures_for_long_lived_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $343.50M | $343.50M | $343.50M | $440.75M | $440.75M | $440.75M | $440.75M | $372.00M | $372.00M | $372.00M | $372.00M | $561.00M | $286.00M | $344.00M | $444.00M | $533.00M | $374.00M | $324.00M |
| QoQ Change | — | +0.0% | +0.0% | +28.3% | +0.0% | +0.0% | +0.0% | -15.6% | +0.0% | +0.0% | +0.0% | +50.8% | -49.0% | +20.3% | +29.1% | +20.0% | -29.8% | -13.4% |
| YoY Change | — | — | — | — | +28.3% | +28.3% | +28.3% | -15.6% | -15.6% | -15.6% | -15.6% | +50.8% | -23.1% | -7.5% | +19.4% | -5.0% | +30.8% | -5.8% |
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Frequently Asked Questions
- What is Valero Energy's refining — total expenditures for long-lived assets?
- Valero Energy (VLO) reported refining — total expenditures for long-lived assets of $324.00M in Q3 2025.
- How has Valero Energy's refining — total expenditures for long-lived assets changed year-over-year?
- Valero Energy's refining — total expenditures for long-lived assets decreased by 5.8% year-over-year, from $344.00M to $324.00M.
- What is the long-term trend for Valero Energy's refining — total expenditures for long-lived assets?
- Over 3 years (2021 to 2024), Valero Energy's refining — total expenditures for long-lived assets has grown at a 6.0% compound annual growth rate (CAGR), from $1.37B to $1.64B.
- What does refining — total expenditures for long-lived assets mean?
- The total cash spent on capital projects and long-term physical assets specifically for the refining business segment.