Valero Energy Corporation: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-07-05
Other years: 2026 vs 2025
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

0
New Risks
0
Removed
18
Modified
5
Unchanged
🟡 Modified We are subject to risks related to the costs and availability of our feedstocks and other critical supplies. 🔒
🟡 Modified We are subject to risks arising from litigation, government action, and mandatory disclosure rules related to climate-related and other sustainability-related matters, or aimed at the fossil fuel industry. 🔒
🟡 Modified We are subject to risks arising from transportation and logistics disruptions and availability. 🔒
🟡 Modified Our financial results are affected by volatile margins, which are dependent upon factors beyond our control, including the price of feedstocks and the market price at which we can sell our products. 🔒
🟡 Modified We are subject to risks arising from our refining and marketing operations outside of the U.S. 🔒
🟡 Modified We are subject to risks arising from a significant breach of our information systems. 🔒
🟡 Modified We are subject to risks arising from legal, regulatory, and political developments regarding climate-related matters, GHG emissions, and the environment, or that are adverse to or restrict refining and marketing operations. 🔒
🟡 Modified Large capital and other strategic projects can take many years to complete, and the legal regulatory, and political environments or other market conditions may change or deteriorate over time. 🔒
🟡 Modified Industry, market, and other developments could decrease the demand for our products. 🔒
🟡 Modified Increasing legal and regulatory focus on data privacy and security issues could expose us to increased liability and operational changes and costs. 🔒
🟡 Modified We are subject to risks arising from the Renewable and Low-Carbon Fuel Programs, and other regulations, policies, international certifications, and standards impacting low-carbon fuels. 🔒
🟡 Modified We are subject to risks arising from sentiment towards climate-related matters, fossil fuels, GHG emissions, and other sustainability-related matters. 🔒
🟡 Modified Our ability to adequately insure losses or liabilities arising from various hazards exposes us to risks. 🔒
🟡 Modified We are subject to risks arising from an interruption in any of our refineries or plants. 🔒
🟡 Modified Other applicable environmental, health, and safety laws and regulations expose us to various risks. 🔒
🟡 Modified We may incur losses and additional costs as a result of our hedging transactions. 🔒
🟡 Modified Competitors that produce their own supply of feedstocks, own their own retail sites, operate in different regions, or have greater financial resources may have a competitive advantage. 🔒
🟡 Modified We are subject to risks arising from severe weather events. 🔒
18 changes in this historical filing

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