Valero Energy Corporation Reports Q4 EPS of $.32 vs. $.35

Valero Energy Corporation VLO today reported income from continuing operations of $180 million, or $0.32 per share, for the fourth quarter of 2010, compared to a loss from continuing operations of $131 million, or $0.23 per share, for the fourth quarter of 2009. The fourth-quarter 2010 results included an after-tax gain of $36 million, or $0.06 per share, on the sale of the company's interest in the Cameron Highway Oil Pipeline Company and an after-tax loss of $80 million, or $0.14 per share, from the mark-to-market impact of positions related to forward sales of refined products.