Valero

Valero Energy Corporation is an American multinational energy company headquartered in San Antonio, Texas. It engages in refining, transporting, and marketing petroleum products and is among the largest refiners in the world by throughput.

Valero operates a network of refineries across the United States, Canada, and the United Kingdom, with activities spanning crude oil upgrading, product blending, and distribution. It also produces renewable fuels, including ethanol, and pursues low-carbon and other energy-transition initiatives.

The company’s products include gasoline, diesel, jet fuel, and petrochemical feedstocks marketed to wholesalers, retailers, and industrial customers. It sells through a combination of company-owned and licensed retail outlets and independent distributors, using regional brands such as Valero and Ultramar in Canada.

Valero grew through acquisitions and expansion, incorporating numerous refining assets and retail networks to become a major player in North American energy markets by the 21st century.

Valero is publicly traded on the New York Stock Exchange under the ticker VLO. It is led by a chief executive officer, with Joe Gorder serving as chairman, president, and CEO as of 2024. The company maintains global operations, a substantial workforce, and extensive logistics and supply chain capabilities.

Sustainability and regulatory efforts focus on energy efficiency, emissions reduction, and expanding renewable fuels, though Valero also faces environmental, safety, and regulatory challenges common to the refining industry.