Valero Energy Corporation (VLO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to Valero Energy Corp. Third Quarter 2025 Earnings Conference Call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Homer Bullar, Vice President, Investor Relations and Finance. Thank you. You may begin. Good morning, everyone, and welcome to Valero Energy Corporation's third quarter 2025 earnings conference call. I'm joined today by Lane Riggs, Chairman, CEO, and President, Jason Frazier, Executive Vice President and CFO, Gary Simmons, Executive Vice President and COO, Rich Walsh, Executive Vice President and General Counsel, as well as several other members of Valero's senior management team. If you have not received a copy of our earnings release, it's available on our website at InvestorValero.com. Included with the release are supplemental tables providing detailed financial information for each of our business segments, along with reconciliations and disclosures for any adjusted financial metrics referenced during today's call. If you have any questions after reviewing these materials, please feel free to reach out to our Investor Relations team. Before we begin, I would like to draw your attention to the forward-looking statement disclaimer included in the press release. In summary, it says that statements made in the press release and during this conference call that express the company's or management's expectations or forecasts of future events are forward-looking statements and are intended to be covered by the Safe Harbor provisions under federal securiti...