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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]
Premcor (formerly NYSE symbol PCO) was a Fortune 500 oil refinery group based in Greenwich, Connecticut. It operated five refineries, which are located in Port Arthur, Texas; Memphis, Tennessee; Lima, Ohio; Hartford, Illinois; and Delaware City, Delaware with a combined crude oil volume processing capacity of approximately 768,120 barrels per day (122,121 m 3 /d) (July, 2007).
In 1987, The Diamond Shamrock Refining and Marketing Company severed ties with Diamond Shamrock Corporation, which was the parent company, and became independent with its headquarters in San Antonio. At that time, as part of the reorganization, Diamond Shamrock Corporation became Maxus Energy Corporation, severing all legal ties to the Diamond ...
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On December 31, 2001, Valero Energy Corporation completed its acquisition of Ultramar Diamond Shamrock. [5] On May 1, 2013, Ultramar was spun off from Valero into CST Brands. Following the 2016 purchase of CST by Alimentation Couche-Tard, the Ultramar brand and most of CST's Canadian assets were acquired by Parkland Fuel. [6] [7] [8]
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 ...
William "Bill" R. Klesse (born 1947, Chatham, NJ) is the former chairman of the board for Valero Energy Corporation.He served as chief executive officer from December 31, 2005, to April 30, 2014, and President from January 17, 2008, to December 31, 2012.
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