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Valero is ranked No. 31 on the Fortune 500 rankings of the largest United States corporations by total revenue as of 2018. [33] For 2023, the company reported earnings of US$9.149 billion, with an annual revenue of US$144.766 billion. Valero Energy's shares traded at $130 per share, and its market capitalization was valued at over US$44 billion ...
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As of 2024, the Diamond Shamrock brand is still actively being in use by Valero Energy alongside its other brands Beacon, Shamrock, and Texaco (owned and used by Valero Energy solely in the United Kingdom and Ireland since its acquisition of its usage from Chevron in 2011). [15]
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On 20 November 2009, the refinery was shut down permanently as part of cost-cutting measures by Valero Energy Corporation. [ 7 ] [ 8 ] Anticipated economic impacts of the closure include major reductions in tax revenue and retail sales for Delaware City, increased materials acquisition cost for petroleum products re-sellers and an increase to ...
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Texaco gasoline comes with Techron, an additive developed by Chevron, as of 2005, replacing the previous CleanSystem3. The Texaco brand is strong in the U.S., Latin America, and West Africa. It has a presence in Europe as well; for example, it is a well-known retail brand in the UK, with around 980 Texaco-branded service stations. [8]