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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 ...
Many stores offer Sunoco, Chevron, Conoco, Exxon, Phillips 66, Shell, Texaco, Valero, and unbranded fuel; most locations previously sold fuel under the CITGO name, when the chain was Circle K. More than 300 locations also feature the proprietary Laredo Taco Company brand of Mexican fast food, or Country Cookin’ branded fast food.
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.
Pay at the pump is a system used at many filling stations, where customers can pay for their fuel by inserting a credit card, debit card, or fuel card into a slot on the pump, bypassing the requirement to make the transaction with the station attendant or to walk away from one's vehicle.
In addition to convenience store retail sales, CST Brands also sold fuel under a number of licensed energy brands such as Valero, Exxon, Shell, and Phillips 66. 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]
76 station in Southern California, c. 1950s. The Union Oil Company of California (later known as Unocal) introduced the Union 76 brand to their existing Union Oil service stations in 1932. [3]
In the 1980s, A.R. Wright began allowing trucks to fuel up without having to pay an attendant by using a post-paid fuel card, leading to the creation of Wright Express Corporation in 1983. [4] SafeCard purchased Wright Express Corp. in 1994. [5] On February 20, 1996, CUC International acquired SafeCard (now renamed to Ideon) for $375 million. [6]