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For the fiscal year 2017, Valero Energy reported earnings of US$4.065 billion, with an annual revenue of US$93.980 billion, an increase of 24.2% over the previous fiscal cycle. Valero Energy's shares traded at over $67 per share, and its market capitalization was valued at over US$39.2 billion in November 2018. [32]
In 1996, Canadian company Ultramar bought Diamond Shamrock for $1.96 billion in stock and assumed debt. [20] The combined company was renamed "Ultramar Diamond Shamrock". [20] Diamond Shamrock also sold Total Petroleum, which started in Alma, Michigan, to Marathon Petroleum in 1999. [21] Valero Energy Corporation acquired Ultramar Diamond ...
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Valero Energy (NYSE:VLO), a leading international manufacturer and marketer of transportation fuels and petrochemical products, released its earnings for the fourth quarter of 2024 on Jan. 30 ...
Kimberly S. Bowers (also known as Kim Lubel) [1] (born 1965) was the CEO, Chairman of the Board, Director and President of CST Brands, Inc.She is also the Director of WPX Energy, Inc and an Executive Vice President and Divisional President of Valero Energy Corp. [2]
Valero Energy Corporation (NYSE:VLO) reported a fourth-quarter sales decline of 13.2% year-on-year to $30.76 billion, beating the analyst consensus estimate of $30.20 billion. The Refining segment ...
In 2003, the company acquired acreage offshore Republic of Congo. [9] In 2004, the company sold oil fields in Western Canada for US$633 million. [10] In July 2011, the company sold its refinery in Superior, Wisconsin, to Calumet for $214 million. [11] In September 2011, the company sold its refinery in Meraux, Louisiana, to Valero Energy for ...
While there are concerns around global refining fundamentals exerting pressure on Valero Energy Corporation's (NYSE: VLO) margins, the company also faces balance sheet pressure and potential ...