Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company is involved in oil and gas refining, marketing, and bulk selling activities. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; lube oils and natural gas liquids; and asphalts, petrochemicals, lubricants, and other refined petroleum products. As of December 31, 2020, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to refiners and gasoline blenders, as well as to animal feed customers. It owns and operates 13 ethanol plants with a combined ethanol production capacity of approximately 1.69 billion gallons per year. In addition, the company owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets. Further, it owns and operates a plant that processes animal fats, used cooking oils, and other vegetable oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
IPO Year:
Exchange: NYSE
Website: valero.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/18/2025 | $135.00 | In-line | Evercore ISI |
| 5/13/2025 | $154.00 | Neutral → Buy | Goldman |
| 4/28/2025 | $127.00 | Sell → Neutral | Goldman |
| 4/25/2025 | $121.00 → $118.00 | Buy | TD Cowen |
| 10/25/2024 | $145.00 → $140.00 | Buy | TD Cowen |
| 10/17/2024 | $150.00 | Neutral | BofA Securities |
| 10/9/2024 | $172.00 → $165.00 | Equal Weight → Overweight | Wells Fargo |
| 9/20/2024 | $169.00 → $123.00 | Overweight → Neutral | Piper Sandler |
| 7/18/2024 | $177.00 | Outperform | Wolfe Research |
| 7/17/2024 | $165.00 → $175.00 | Neutral → Outperform | Mizuho |
Joseph W. Gorder to Retire as Executive Chairman and Director CEO and President R. Lane Riggs to Assume Chairman Position Valero Energy Corporation (NYSE:VLO, "Valero")) today announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero's Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date. Mr. Gorder retired as Valero's CEO effective as of the close of business on June 30, 2023 and has served as Executive Chairman of the Board since that time. In his rol
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
Joseph W. Gorder to Retire as CEO; Will Remain as Executive Chairman R. Lane Riggs to Assume CEO Position and Become Director Valero Energy Corporation (NYSE:VLO, "Valero"))) announced today that Joseph W. Gorder, Valero's Chief Executive Officer and Chairman of the Board, has chosen to retire as CEO and has been elected as Executive Chairman of the Board, both effective June 30, 2023. In his new role, Mr. Gorder will lead the Board of Directors, and continue to provide advice and counsel to the CEO and Valero's leadership on Company decisions. R. Lane Riggs, Valero's President and Chief Operating Officer, has been elected to serve as Valero's CEO and as a member of the Board, also ef
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
SCHEDULE 13G/A - VALERO ENERGY CORP/TX (0001035002) (Subject)
10-Q - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEFA14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEFA14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
DEF 14A - VALERO ENERGY CORP/TX (0001035002) (Filer)
8-K - VALERO ENERGY CORP/TX (0001035002) (Filer)
10-K - VALERO ENERGY CORP/TX (0001035002) (Filer)