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Refiner operating metrics

Refiner operating metrics: cross-company comparison


Oxford Ledge compares 3 refiners on 2 operating metrics extracted from their own SEC earnings exhibits. Every figure below is for Q1 2026.

3
Refiners
2
Operating Metrics

Refiner operating metrics

How we read this →

Every figure below is for Q1 2026.

CompanyCVICvr Energy Inc.DKDelek US Holdings, Inc.VLOValero Energy Corp.
Price$307.33
Enterprise value$96.0B
Market cap$91.3B
LTM revenue$7.5B$10.7B$124.8B
LTM net income-$42.0M-$51.4M$4.2B
Reported periodQ1 2026Q1 2026Q1 2026
Throughput2,914 mbpd
Refining margin$2.0M segment, USD mm / non-GAAP, no reconciliation$229M segment, USD mm / non-GAAP, no reconciliation$3.91B segment, USD mm / non-GAAP

Context columns: share price and market value are from the latest recorded exchange data; LTM figures sum the issuer's last four quarterly filings and render blank unless all four quarters are on file; enterprise value = market value + total debt − cash from the latest quarterly balance sheet. These columns are sized context, not part of the SEC-exhibit extraction the table below is built from.

Metric coverage

  • Throughput: 1 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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