Valero Energy beats third-quarter profit estimates on stronger margins
(Reuters) -U.S. refiner Valero Energy surpassed Wall Street expectations for third-quarter profit on Thursday, helped by a rebound in refining margins. Shares of the company, which kicked off the earnings season for U.S. refiners, rose 1.5% to $164.40 in premarket trading. Refining margins have rebounded from multi-year lows in 2024 after two years of bumper…