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Valero no longer owns retail operations using the Diamond Shamrock, Shamrock, Beacon, Ultramar, or Total names, but Valero continues to supply fuel. [24] Valero also supplies fuel in the United Kingdom and Ireland under the Texaco and Valero brand, [ 83 ] and in October 2023 started test marketing of the Valero brand at 3 service stations close ...
The merger of UDS and Valero would encompass a convenience store network of more than 5,000 stores and twelve refineries. [3] In July 2005, Valero Energy announced that it would be phasing out the Diamond Shamrock brand and convert its remaining 2,900 locations to the Valero name.
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.
A list of gas station chains in Canada: . Canadian Tire Petroleum (Canadian Tire Gas+) – over 300 stations across Canada; most located next to Canadian Tire retail stores or at service centres such as ONRoute
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Valero Energy (NYS: VLO) is taking some flak from a group called "Oil Change International" over its support of TransCanada's (NYS: TRP) Keystone pipeline expansion. Love the idea of the pipeline ...
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]
Valero Energy has a high three-year median payout ratio of 56% (that is, it is retaining 44% of its profits). This suggests that the company is paying most of its profits as dividends to its ...