Improving Refining Market Gives a Boost to Valero Energy's Bottom Line

Improving Refining Market Gives a Boost to Valero Energy's Bottom Line

There has been considerable concern about companies with lots of assets in the Houston area following the flooding wrought by Hurricane Harvey. But based on Valero Energy's (NYSE: VLO) most recent results, it doesn't look like it was that big of a deal. The company posted 50% net income gain compared to last year thanks to a more favorable refining market.

Here's a rundown of Valero's most recent results. 

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Source: Fool.com