VLOValero Energy
- Employees
- 9,811
- Headquarters
- San Antonio, TX
- CEO
- R. Lane Riggs
- Next results
- around Jan 28, 2027
What changed
10-K filed Feb 25, 2026 against Feb 26, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 20 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Critical audit matters changed | New this year: Sufficiency of audit evidence over quantities of inventories (“As discussed in Note 4 to the consolidated financial statements, the Company held $7.6 billion of inventories as of December 31, 2025. The Company’s inventories are held across its refineries, renewable diesel plants, ethanol plants, and third-party locations.”); Fair value of certain long-lived assets (“As discussed in Note 1 to the consolidated financial statements, long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. A long-lived asset is not deemed recoverable if its carrying amount exce”). No longer listed: Assessment of gross unrecognized tax benefits | 10-K · XBRL |
| Accounting checks | 10 other checks clear, 1 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 3 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 25, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-26. Quoted as filed.
Our operations depend on the reliable supply of natural gas, electricity, and water. We consume significant amounts of natural gas, electricity, and water to operate our refineries and plants, and the prices thereof can have a measurable effect on the total cost of our operations. Volatility in the prices for natural gas and…
10-K, Item 1A
Accounting checks
latest 10-K10 of 11 clear 1 worth a look. Checks, not verdicts.
- !Critical audit matters changedNew this year: Sufficiency of audit evidence over quantities of inventories (“As discussed in Note 4 to the consolidated financial statements, the Company held $7.6 billion of inventories as of December 31, 2025. The Company’s inventories are held across its refineries, renewable diesel plants, ethanol plants, and third-party locations.”); Fair value of certain long-lived assets (“As discussed in Note 1 to the consolidated financial statements, long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. A long-lived asset is not deemed recoverable if its carrying amount exce”). No longer listed: Assessment of gross unrecognized tax benefits
- ✓Receivables -5.4% vs revenue -5.5% (+0.2 pts)
- ✓Cash from operations $5.8B vs net income $2.3B (FY ending 2025-12-31)
- ✓Inventory -2.2% vs revenue -5.5% (+3.3 pts)
- ✓Same auditor in both 10-Ks: KPMG LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 30, 20268-K Regulation FD disclosure, Other events 8-K items 7.01, 8.01
- Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
- Oct 22, 20268-K Quarterly results 8-K item 2.02
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