Oil & Gas Refining & Marketing Industry | Energy Sector | Mr. R. Lane Riggs CEO | XMUN Exchange | US91913Y1001 ISIN |
United States Country | 9,886 Employees | 20 Nov 2024 Last Dividend | - Last Split | 4 Jan 1982 IPO Date |
Valero Energy Corporation, a leading manufacturer, marketer, and distributor of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, has a broad presence across the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and other international markets. Established in 1980 and based in San Antonio, Texas, the company has evolved through the years, including a name change in 1997 from Valero Refining and Marketing Company to Valero Energy Corporation. Today, Valero operates through three main segments: Refining, Renewable Diesel, and Ethanol, highlighting its diversified approach towards traditional energy resources and renewable energy solutions.
The diversification into renewable energy sources such as renewable diesel and ethanol, alongside traditional petroleum products, positions Valero Energy Corporation as a comprehensive energy provider acclimating to the evolving demands of global energy markets.