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Refiner operating metrics

Refiner operating metrics: cross-company comparison


Oxford Ledge compares 3 refiners on 3 operating metrics extracted from their own SEC earnings exhibits. Reporting periods represented: Q1 2026, Q2 2026.

3
Refiners
3
Operating Metrics

Refiner operating metrics

How we read this →

Reporting periods represented: Q1 2026, Q2 2026.

CompanyCVICvr Energy Inc.DKDelek US Holdings, Inc.VLOValero Energy Corp.
LTM revenue$8.5B$12.1B$139.4B
LTM net income$69.0M$224.5M$7.2B
Reported periodQ2 2026Q2 2026Q1 2026
Throughput2,914 mbpd
Utilization98.4%1st100.2%
Refining margin$193M segment, USD mm / non-GAAP, no reconciliation$708M segment, USD mm / non-GAAP, no reconciliation$3.91B segment, USD mm / non-GAAP

Context columns: LTM figures sum the issuer's last four quarterly filings and render blank unless all four quarters are on file. Share price, enterprise value and market cap are not shown here. Market prices are shown to signed-in users.

Metric coverage

  • Throughput: 1 of 3 refiners report this on the canonical basis.
  • Utilization: 2 of 3 refiners report this on the canonical basis.
  • Refining margin: 3 of 3 refiners report this on the canonical basis.

Oxford Ledge Signal -- extracted from the issuer's own SEC earnings exhibit and normalized by Oxford Ledge. As reported by the issuer per regulatory convention, not re-audited by us; a figure our extractor could not verify is withheld, never shown. A metric is compared only across refiners reporting it on the SAME basis and scope; a blank cell is an honest coverage gap, never a zero, and refiners may report different quarters (see the period range). Source: each issuer’s own SEC EDGAR earnings exhibit.

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