Valero Energy

Valero Energy Corporation is an American-based downstream petroleum company mostly involved in manufacturing and marketing transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States. Throughout the United States and Canada, the company owns and operates 15 refineries, and one in Wales, with a combined throughput capacity of approximately 3 million barrels (480,000 m3) per day, 11 ethanol plants with a combined production capacity of 1.2 billion US gallons (4,500,000 m3) per year, and a 50-megawatt wind farm. A Fortune 500 company, before the 2013 spinoff of CST Brands, Valero was one of the United States' largest retail operators with approximately 6,800 retail and branded wholesale outlets in the United States, Canada, United Kingdom, Mexico and Peru under the Valero, Diamond Shamrock, Shamrock, Beacon, and Texaco brands.

Valero Energy Corporation
Company typePublic
NYSE: VLO
S&P 500 component
IndustryOil and gas
FoundedJanuary 1, 1980 (1980-01-01)
FounderWilliam Greehey
Headquarters,
Area served
North America
Key people
Lane Riggs
(President & CEO)
Products
Revenue US$176.383 billion (2022)
US$16.796 billion (2022)
US$11.528 billion (2022)
Total assets US$60.982 billion (2022)
Total equity US$25.468 billion (2022)
Number of employees
10,015 (January 2018)
Websitewww.valero.com
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.