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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 ...
Refining, Valero's largest segment, showed a decline in operating income, reporting $437 million in Q4 2024 versus $1.6 billion the previous year. Nonetheless, renewable diesel stood out, with its ...
Valero Energy Corporation (NYSE:VLO) reported a fourth-quarter sales decline of 13.2% year-on-year to $30.76 billion, beating the analyst consensus estimate of $30.20 billion. The Refining segment ...
The merger [which?] gave Diamond Shamrock 600 retail outlets, plus the Three Rivers oil refinery which was built by Sigmor during the 1970s. 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.
Chevron's shares declined 4% after it reported a loss in its refining business for the first time since 2020, causing the No. 2 U.S. oil producer to miss Wall Street's profit estimate. Big Oil ...
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 ...
Valero Energy's (VLO) third-quarter profits are likely to have been supported by refining and ethanol businesses.
The single remaining refinery in Hawaii now also includes refining assets previously owned and operated as "Hawaii Refinery" by Chevron Corporation with up to 54,000 bbl/d (8,600 m 3 /d) in additional capacity. Chevron sold their Hawaii Refinery to newly formed Island Energy Services LLC in 2016, and IES sold the refining assets to Par Hawaii ...