Valero Energy Corporation is a U.S. owned Fortune 500 Company based in San Antonio with approximately 22,000 employees and assets valued at $33 billion.
The largest refiner in North America, Valero has an extensive refining system with a throughput capacity of approximately 3.3 million barrels per day. The company's geographically diverse refining network stretches from Canada to the U.S. Gulf Coast and West Coast to the Caribbean.
Valero has an interest in a mid-stream logistics limited partnership, which has 9,303 miles of pipeline, 86 terminal facilities and four crude oil storage facilities. Many of these facilities complement Valero's refining and marketing assets in the U.S. Southwest and Mid-continent regions.
A marketing leader, Valero has more than 5,000 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. The company markets on a retail and wholesale basis through a bulk and rack marketing network in 42 U.S. states, Canada, Latin America and the Caribbean.
Valero recently decided to expand its marketing network throughout the states of Indiana, Ohio, Illinois, Michigan and Wisconsin. This decision was made due its recent acquisitions of refineries in Lima Ohio and Memphis TN. Branding of individual owned location will be done through selective marketers such as S-Mart Petroleum, which markets throughout Indiana, Ohio, Illinois, southern Michigan and southern Wisconsin.
Fast Facts
Annual Revenues: More than $80 billion
Total Assets: $33 billion
Number of Employees: 22,000
Refining Throughput Capacity: 3.3 million barrels per day
Number of Retail Sites: Approximately 5,000
Number of Wholesale Markets: Valero markets products in 42 U.S. states, Canada, Latin America and the Caribbean region