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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 ...
In 1973, he was President and CEO of Coastal Corporation's subsidiary LoVaca Gathering Company which on December 31, 1979, became the Valero Energy Corporation. [ 8 ] [ 9 ] He was the founding CEO and Chairman of the Valero Energy Corporation and Group and held those posts until January 2006 and January 2007, respectively. [ 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 ...
The company was created on May 1, 2013, when Valero Energy Corporation decided to spin off its retail operations in an effort to focus on refining. [2] On August 6, 2014, CST Brands agreed to buy Lehigh Gas GP LLC, the general partner of Lehigh Gas Partners LP (LGP), from Lehigh Gas Corp in a cash and stock deal.
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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This list comprises the largest companies currently in the United States by revenue as of 2024, according to the Fortune 500 tally of companies and Forbes.. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies.
The Texas Open, known as the Valero Texas Open for sponsorship reasons, is a professional golf tournament on the PGA Tour, played near San Antonio, Texas. It dates back 103 years to 1922, when it was first called the Texas Open ; San Antonio-based Valero Energy Corporation took over naming rights in 2002 .