Valero Energy (NYSE:VLO) is an international manufacturer and marketer of transportation fuels, petrochemical products and power. Headquartered in San Antonio, Texas, Valero operates as an independent petroleum refiner and renewable fuels producer. The company’s core business activities include refining crude oil into gasoline, diesel, jet fuel, asphalt and petrochemical feedstocks, alongside the production of ethanol and renewable diesel through its renewable fuels segment.
Valero’s refining network consists of approximately 15 refineries located across the United States, Canada, the United Kingdom and the Caribbean. These facilities have a combined throughput capacity exceeding three million barrels per day. In parallel, the company owns and operates a series of ethanol plants in the U.S. Midwest and a joint venture renewable diesel facility in Louisiana, positioning Valero as one of the largest renewable fuels producers in North America.
The company markets its products through a diversified network that includes wholesale customers, independent distributors and retail channels. Valero-branded and third-party branded outlets—including Diamond Shamrock, Shamrock, Beacon and others—total roughly 7,000 sites across North America and the Caribbean. In addition, its Valero Global Supply division sources and sells refined products and feedstocks to customers around the world.
Founded in 1980 as Coastal States Gas Corporation, the business adopted the Valero name in 1989, inspired by the historic Mission San Antonio de Valero (the Alamo). Over the decades, Valero has grown through strategic acquisitions and capacity expansions to become a Fortune 500 company. Joseph W. Gorder has served as President and Chief Executive Officer since 2019, guiding Valero’s integrated portfolio of refining and renewable energy assets.
