Valero Energy Corporation · San Antonio, TX United States ·(NYSE: VLO)
Company Description
Phone: 210-345-2000
Fax: 210-345-2646
Toll Free: 800-531-7911
Rankings
- #349 in FT Global 500
- #10 in FORTUNE 500
- S&P 500
View Valero Energy Corporation Locations On A US Map
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Valero Energy is on a mission. Named after the Alamo (the Mission San Antonio de Valero), the company is the largest independent oil refiner in the US. Valero refines low-cost residual oil and heavy crude into cleaner-burning, higher-margin products, including low-sulfur diesels. It operates 16 refineries (with a total production capacity of about 3 million barrels per day) located in California, Delaware, Louisiana, New Jersey, Oklahoma, Tennessee, Texas, and in Aruba and Canada. It also has a network of some 5,800 retail gas stations and wholesale outlets bearing the Corner Store, Diamond Shamrock, Shamrock, Ultramar, Valero, Stop N Go, and Beacon names in 44 US states and in Canada. To read the full description, subscribe now.
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Key Valero Energy Corporation Financials
| Company Type | Public - NYSE: VLO Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $119,114.0 |
| 2008 Employees | 21,765 |
Valero Energy Corporation Executives
34 executives listed for Valero Energy Corporation's San Antonio, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | William Klesse | Network |
| EVP and COO | Richard Marcogliese | Network |
| EVP and CFO | Michael Ciskowski | Network |
Competition
Competitive Landscape for Valero Energy Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Valero Energy Corporation Competitors
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