Thanks, Joe.
share or for XXXX. first For of XXXX, the of to attributable Valero million quarter per $X.XX net the per compared $X.XX loss first was or quarter net share income of stockholders $XXX million a $XXX to
$X.XX net million to income stockholders adjusted or was the XXXX of or net quarter $X.XX an $XXX for share $XXX quarter attributable first to compared per XXXX. share million per First loss Valero adjusted of
first operating to first million For $X.XX tables the quarter segment that refer refining amounts, release. the earnings adjusted XXXX. the of to of income quarter loss XXXX reconciliations reported operating accompany of $XXX financial for billion The compared to please of the
loss X.X utilization was for of quarter Throughput million $XXX the lower which first X.X the income averaged compared storm first an barrels than Refining to XXXX excess of first XXXX. diesel per were barrel XXXX, related of sales in day sales per to the was of quarter XXXX, higher gallons the of $X.XX million of first gallons was income project quarter XXX,XXX $X.XX diesel Renewable XXXX. per per loss $XXX volumes first XXXX compared the attributed per than barrel expansion energy of segment in first quarter by Diamond the first first XXXX. of of million DGD quarter Refining XX% per income quarter XXXX which capacity XXXX. day XXX,XXX Uri. the adjusted XXX,XXX in of the quarter first cash $XXX day first day, X. higher quarter than million segment quarter Ethanol the The to in costs averaged to the gallons $X million quarter the averaged quarter operating volumes the higher XXXX. the were XXXX, volumes XXXX. impacted compared for of operating of to operating operating day start-up ethanol $X.XX of XXXX. operating XX% first winter The in million reported barrels the quarter operating fourth million was were gallons adjusted per quarter XXXX compared for to of of XXXX for $XX was or quarter XXXX higher million day which renewable X quarter expenses throughput than for First XXXX Diesel the first Green the the of in per of The first billion volumes first production was a first which quarter of of quarter
net million quarter XX%. G&A was The the expense the XXXX. of For $XXX of expenses the first income cash was $XXX million and first was of for XXXX. rate million, was expense Depreciation quarter was operating tax million. and were activities interest $XXX $XXX effective tax million expense in first $XXX Net amortization the provided XXXX, quarter and by
provided in net of cash investments in the capital joint working capital, compliance million business. catalysts members, net $XXX of unfavourable Diesel's working billion. including was adjusted activities, Diamond and activities investing million Excluding $XXX change the regulatory from capital the changes and of million growing $X.X impact provided quarter by of $XXX XX% activities, for turnarounds, was venture DGD's by operating sustaining regard million With made of for other XXXX share the to Green for cash excluding the in business, $XXX first was and the we which costs operating
other capital Valero members, first interest XX% attributable venture $XXX attributable to in those million were XXXX. to and the share of Excluding Diesel capital Green other variable quarter related Diamond investments investments to the entities, of joint
of activities quarter to balance in transactions and we cash XX% the our the in sheet, activities. million completed reduction with provided and million payout the of We operating first that buybacks, of to refinancing quarter a reduced dividends respect million. Moving to for first million as our $XXX returned stock of $XXX long-term $XXX resulting stockholders by ratio Valero's XXXX, financing net adjusted quarter. in With debt $XXX by paid debt
these quarter and cash was well debt-to-capitalization and and fourth available At billion already lease As cash in reduction XXXX equivalents quarter liquidity, XX%. and were noted, have of we ended with debt And by long-term the and reduced cash. quarters Joe end, billion. were debt and the net $XX.X finance billion third with $X.X ratio, $X.X cash Valero's equivalents excluding cash total of transactions, transactions combined debt of refinancing obligations capitalized billion. debt $X the The reduction completed and refinancing
Turning We includes XX% expect XXXX of XX% business expanding to growth be for amount catalysts billion, capital allocated to for low-carbon still investments to capital sustaining Valero which investments. of XXXX is allocated expenditures About attributable $X joint approximately to the the to in that and to half venture guidance. turnarounds, businesses. is growth. and our About
to Mid-Continent barrels to operations, within per per following million to For fall XXX,XXX day. to million barrels XXX,XXX per West at throughput expect X.XX at Gulf modeling at XXX,XXX barrels second we refining day; North to quarter and ranges: XXX,XXX our X.XX per Coast volumes the barrels Atlantic Coast day; XXX,XXX XXX,XXX day; at
quarter. expenses XXX per amortization. XXXX natural in with $X.XX are the be sales Operating We higher costs in noncash segment, $X.XX in last start-up the we expect gallon, be which includes expect now to diesel quarter million gallons volumes XXXX the than such $X.XX fourth prices. With anticipated cash higher and barrel as due approximately of depreciation per refining DGD be respect which to approximately the X for still quarter to primarily renewable expenses gas operating second in should to
average is expected for segment gallon, in expenses depreciation to $X.XX amortization. includes such the ethanol per gallon per X Operating quarter. day per million $X.XX which as and costs should Our produce second noncash gallons
million quarter, approximately should should net million. be about $XXX $XXX second amortization total and depreciation the be expense interest For and expense
For concludes [Operator Instructions] XXXX, we remarks. corporate That our $XXX expect be excluding depreciation, opening expenses, million. approximately to G&A
