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  • Rank34
  • Previous Rank30
  • CEO
    Joseph Gorder
  • Address
    1 Valero Way, San Antonio, TX 78249
  • Websitehttp://www.valero.com
  • Industry
    Petroleum Refining

2014 marked the second year in a row that Valero Energy made up for sliding revenue with expanding profits. The company benefitted from improved margins thanks to cost cutting and the strength of its refining business, which saw lower costs due to crashing oil prices. Valero plans further spending cuts in 2015, with a 5% decline in capital spending, though the company is still expanding refineries in Corpus Christi and Houston.

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Company Information

CEO
Joseph Gorder
Industry
Petroleum Refining
Sector
Energy
HQ Location
San Antonio, TX
Websitehttp://www.valero.com
Years on List15

Key Financials (last fiscal year)

($ Millions)% change
Revenues130,844-5.0%
Profits3,63033.5%
Assets45,550-
Employees10,065-

Profits as a % of

Profit as % of Revenues2.8%
Profits as % of Assets8%
Profits as % of Stockholder Equity17.6%