Categories: Business

Valero Energy posts rise in third-quarter profit

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TDG Syndication

(Reuters) -U.S. refiner Valero Energy reported a rise in third-quarter profit on Thursday, helped by a rebound in refining margins. The company, which kicked off the earnings season for U.S. refiners, said its net income was $1.1 billion, or $3.53 per share, for the three months ended September 30, compared with $364 million, or $1.14 per share, a year earlier. (Reporting by Vallari Srivastava in Bengaluru; Editing by Krishna Chandra Eluri) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication