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Valero Energy Corporation (VLO)

45.15 Up 0.40(0.89%) Oct 17, 4:02PM EDT
|After Hours : 45.15 0.00 (0.00%) Oct 17, 6:38PM EDT
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Valero Energy Corporation
One Valero Way
San Antonio, TX 78249
United States - Map
Phone: 210-345-2000

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:10,007

Business Summary 

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, product supply and distribution, and transportation operations. This segment produces conventional and premium gasoline, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. The Ethanol segment produces ethanol and distillers grains. The company markets its refined products through bulk and rack marketing network; and through approximately 7,400 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco names. As of December 31, 2013, it owned 16 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day. Valero Energy Corporation also owns and operates 10 ethanol plants with a combined ethanol production capacity of approximately 1.2 billion gallons per year. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is based in San Antonio, Texas.

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Corporate Governance 
Valero Energy Corporation’s ISS Governance QuickScore as of Oct 1, 2014 is 4. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 5.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Joseph W. Gorder , 57
Chief Exec. Officer, Pres and Director
Mr. Michael S. Ciskowski , 56
Chief Financial Officer, Principal Accounting Officer and Exec. VP
Mr. Jay D. Browning , 56
Exec. VP and Gen. Counsel
Ms. Cheryl Thomas ,
Chief Information Officer and Corp. VP of Information Services
Mr. R. Michael Crownover ,
Chief Admin. Officer and Exec. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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