VLO
- Valero Energy Corporation
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Overview
Company Summary
Valero Energy Corporation (VLO) is an international energy company primarily engaged in the refining and marketing of petroleum products. It is one of the largest independent petroleum refiners and marketers in North America, with operations spanning the United States, Canada, the United Kingdom, and the Caribbean.
Valero's primary business is refining crude oil and producing various refined products like gasoline, diesel fuel, jet fuel, petrochemicals, and lubricants. They operate a vast network of refineries strategically located in key markets, allowing them to process crude oil into finished products that meet customer demand.
In addition to refining, Valero also markets and sells its products through an extensive distribution network. They operate branded retail outlets, supply fuel to wholesalers and end-users, as well as sell their refined products to other businesses. Valero's marketing segment focuses on delivering quality fuels and other refined products to end consumers, industrial customers, and transportation companies.
Beyond refining and marketing, Valero also engages in ethanol production. They operate multiple ethanol plants and are one of the largest renewable fuel producers in the United States. Ethanol, made from corn and other feedstocks, is blended with gasoline to enhance octane and reduce emissions.
To support its operations, Valero has significant logistics and transportation infrastructure, including pipelines, terminals, storage facilities, and a fleet of trucks and barges. This infrastructure enables the efficient sourcing, processing, and distribution of crude oil, refined products, and ethanol across their vast network.
Overall, Valero Energy Corporation is a major player in the energy industry, refining crude oil and producing a wide range of petroleum products. Through its extensive refining, marketing, and distribution capabilities, Valero aims to meet the energy needs of consumers and businesses while maintaining a focus on sustainability and environmental responsibility.