Valero 2011 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2011 Valero annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 28

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28

2011 2010
OPERATING REVENUES $ 125,987 $ 82,233
OPERATING INCOME $ 3,680 $ 1,876
INCOME FROM CONTINUING OPERATIONS
ATTRIBUTABLE TO VALERO $ 2,097 $ 923
EARNINGS PER COMMON SHARE FROM
CONTINUING OPERATIONS — ASSUMING DILUTION $ 3.69 $ 1.62
TOTAL ASSETS $ 42,783 $ 37,621
VALERO STOCKHOLDERS’ EQUITY $ 16,423 $ 15,025
CAPITAL EXPENDITURES AND DEFERRED
TURNAROUND AND CATALYST COSTS $ 2,984 $ 2,265
Summary Annual Report
is summary annual report provides only a financial summary. e company’s full, audited financial statements are
contained in its Annual Report on Form 10-K for the year ended December 31, 2011, which has been filed with the SEC
and made available to all stockholders. is information is also available at www.valero.com.
FINANCIAL
HIGHLIGHTS
Please visit www.valero.com to learn more about our company. e terms “Valero,” “we,” “our,” and “us” when used
in this report may refer to Valero Energy Corporation, to one or more of our consolidated subsidiaries, or to all of
them taken as a whole.
[Millions of dollars, except per-share amounts]
2011 SUMMARY ANNUAL REPORT | 3