Search results
Results from the WOW.Com Content Network
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 ...
The refinery was built in 1968 for Humble Oil and completed in 1969. Humble Oil changed its name to Exxon in 1972. Valero purchased the property in 2000. In October 2024, the Bay Area Air Quality Management District and California Air Resources Board issued an $82 million fine over air pollution violations at the Benicia Refinery, following a 2019 inspection, with the fine being the largest in ...
Murphy Oil (NYS: MUR) completed the divestiture of its North American refining operations this month when Valero Energy (NYS: VLO) agreed to buy its last U.S. refinery, complete with inventory ...
Valero Energy's (NYS: VLO) first-quarter loss doesn't come as a big surprise. The refining industry in the U.S. is still being shaken up as input costs soar while gasoline sales decline. Is there ...
The refining industry is booming. Companies operating in this space are generally the first ones to get hit if something goes wrong with the dynamics of the oil industry. However, Valero Energy ...
Previously owned by Tidewater Petroleum, Tosco, Valero Energy, Tesoro and Marathon Petroleum. The refinery is located on 850 acres, in 2016 had approximately 650 full-time employees, and had a crude oil capacity of 157,000 barrels per day. In 2015 it was the fourth-largest refinery in the state. The refinery had a Nelson complexity index of 16.1.
Well, at least Valero is putting its money where its mouth is. After recently announcing that it was against easing regulations agains crude oil exports from the U.S., the company recently ...
With the refinery closed, crude oil prices were artificially depressed at the Cushing pricing point. The Eagle North pipeline reactivated in 2010, adding offtake capacity to Cushing by connecting Valero's oil refinery in Ardmore, Oklahoma with Cushing's cheap crude oil. This should have resulted in boosting WTI prices which were discounted ...