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Global 500

Andrew Harrer — Bloomberg via Getty Images

106

Valero Energy

VLO

U.S.

The largest independent refiner in the U.S. operates more than a dozen refineries around the world, capable of running through more than three million barrels of oil per day. Profits and revenue have softened in recent years, however, particularly as Valero can no longer cash in on a surplus of oil in the U.S. Oil isn’t its only business, though: Valero also holds renewable assets and is one of the largest producers of ethanol, making well over a billion gallons of the fuel per year.

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CEO

Joseph W. Gorder

Sector

Energy

Industry

Petroleum Refining

HQ Location

San Antonio, TX

Years on Global 500 List

17

Employees

9,996

Excise taxes have been deducted.
Valero Energy is also featured in these fortune lists
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$70,166-14.2%
Profits ($M)$2,289.0-42.6%
Assets ($M)$46,173
Total Stockholder Equity ($M)$20,024
Profit Ratios
Profit as % of Revenues3.3%
Profits as % of Assets5.0%
Profits as % of Stockholder Equity11.4%
STOCK QUOTE
()0.00 0.00 (0)
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News about Valero Energy

Texas City Lifts Tap Water Ban After Chemical Spill Fear

It was not clear if the water supply was ever contaminated by the spill.

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'Insane' U.S. Diesel and Gasoline Prices Are Killing Refiners

"Gasoline is on the verge of trading under diesel... in JULY!!! That's insane," one trader said.

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The Environment? Cheap Oil Is Juicing U.S. Gas and SUV Sales

Valero Energy and Phillips 66 both say they are in 'max gasoline mode.'

Read More →
The Oil Export Ban's Death Won't Raise Gas Prices—For Now

But it will certainly make oil companies richer.

Read More →