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Valero Energy Corporation
built 223 days ago
Valero Energy Corporation is the leading independent oil refiner in the United States. The company owns and operates 15 refineries with a combined capacity of 2.5 million barrels per day. About 60 percent of this capacity is in the Gulf Coast region through refineries in Texas, Louisiana, and Aruba. The remaining refineries are on the West Coast, the Mid-Continent region, and in the Northeast. Valero ... markets refined products on a wholesale basis through a bulk and rack marketing network and via more than 4,700 retail sites branded as Valero, Diamond Shamrock, Ultramar, Beacon, and Total. About 1,500 of the retail sites are company-operated outlets combining a fuel station with a convenience store.
fig01 Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and expected annual revenue of more than $90 billion. The company owns and operates 18 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.3 million barrels per day, making it the largest refiner in North America. Valero is ... one of the nation’s largest retail operators with approximately 5,800 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. Please visit www.valero. com for more information.
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Valero Energy Corporation has a special passion for community giving which employees are proud to be associated with and see as central to Valero's culture. The word Valero comes from the Spanish word "valor," meaning "to be of worth" or "to be of value." Emphasizing Valero's commitment to community service, CEO Bill Greehey stated, "When Valero was formed in 1980, we made a commitment to help improve the quality of life in each of the communities in which we have operations, and we highlighted this commitment in our founding mission statement. We've undergone many changes since that time, but our commitment to community service remains unchanged, and is still a part of our mission statement." The mission statement reflects this core cultural value and directs the company to "[take] a leadership role in [its] communities by providing company support and encouraging employee involvement." This commitment is prominently displayed at all locations, in employee communications and distributed to new employees as a wallet card.
Valero Energy Corporation (VLO) opened at 74.98. So far today the stock has hit a low of 74.73 and a high of 75.47. VLO is currently trading at 75.34, up 0.87 (1.17%). After a six-month climb, the stock hit a one year high of 77.89 in June. Rising oil futures lifted VLO in early trading today as front-month crude is up 0.77 or more than 1% to 72.18, the contract's highest levels in almost a year. However, the 10:30 US Energy Department statistics that say inventories of gas are growing have sent VLO tumbling back to flat on the day.
Valero Energy Corporation operates as a crude oil refining and retailing company. Its refining activities include refining operations, wholesale marketing, product supply and distribution, and transportation operations primarily in the Gulf Coast, Mid-Continent, West Coast, and northeast regions. Its retailing activities include the sale of transportation fuels at retail stores and unattended self-service cardlocks, convenience store merchandise through its retail sites, and home heating oil to residential customers in the United States and ...more
Valero Energy Corporation was incorporated in the year 1980. It was the corporate successor of LoVaca Gathering Company, which was a natural gas gathering subsidiary of the Coastal States Gas Corporation. LoVaca became defunct and then Valero took over its operations of Natural Gas. It was the biggest corporate spinoff in U.S. history at that time. Valero is the largest crude oil refining company of North America with 17 refineries present in the U.S., Canada, and the Carribean and their combined throughput capacity is approximately 3.3 million barrels per day. Valero is ... one of the leading retail operators of the U.S.
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