Valero Energy Corp

valero.com

Valero Energy Corp (NYSE: VLO) is a petroleum refining and marketing company that manufactures and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products. It earns revenue by processing crude oil and other feedstocks through its refinery network and selling the resulting fuels and products at a spread above input costs. Valero is headquartered in San Antonio, Texas, incorporated in Delaware in 1981 under the name Valero Refining and Marketing Company, and renamed in 1997. As of the 10-K filed 2026-02-25, the company owns 15 petroleum refineries in the U.S., Canada, and the U.K. with combined throughput capacity of approximately 3.2 million barrels per day. It also holds a joint venture interest in DGD, which operates two renewable diesel plants with combined production capacity of approximately 1.2 billion gallons per year, and owns 12 ethanol plants in the U.S. Mid-Continent region with combined capacity of approximately 1.7 billion gallons per year. Operations are organized into three segments: Refining, Renewable Diesel, and Ethanol. Primary sales markets are the U.S., Canada, the U.K., Ireland, and Latin America.