Valero Energy Corporation VLO

Company Overview

Valero Energy Corporation is an independent downstream energy company primarily engaged in petroleum refining, renewable diesel production, and ethanol manufacturing. It operates in the refining and marketing, renewable fuels, and ethanol industries, supplying transportation fuels and related products to wholesale, retail, and commercial customers. Valero’s core revenue drivers are the sale of refined petroleum products such as gasoline, distillates, jet fuel, and petrochemical feedstocks, as well as renewable diesel and ethanol sold into domestic and international markets.

The company serves customers across North America, Europe, and parts of Latin America, with a strong focus on high‑consumption fuel markets and export hubs. Valero’s strategic advantages include a large, complex refinery system capable of processing discounted heavy and sour crude oils, extensive logistics infrastructure, and an integrated approach to conventional and low‑carbon fuels. Founded in 1980 and headquartered in San Antonio, Texas, Valero evolved from a regional refiner into one of the world’s largest independent refining companies through organic expansions and acquisitions, including the transformational acquisition of Premcor Inc. in 2005.