Valero Energy Corp.

Valero Energy Corp.

Valero Energy Corp.

Overview
Date Founded

1980

Headquarters

One Valero Way, San Antonio, TX, 78249, USA

Type of Company

Public

Employees (Worldwide)

9,964

Industries

Oil & Gas
Industrial Machinery & Manufacturing
Wholesale: Raw Materials
Retail: Food & Beverage
Power & Utilities

Company Description

Valero Energy Corporation is a Fortune 500 company based in San Antonio, and through its subsidiaries is the world’s largest independent petroleum refiner and marketer. Valero supplies fuel and products that improve people’s lives with 16 refineries and 10 ethanol plants stretching from the U.S. West and Gulf coasts to Canada, United Kingdom and the Caribbean. Well-positioned pipelines and terminals allow Valero to deliver premium-quality clean fuels quickly, responsibly and efficiently. Our diversified product slate supports dozens of industries, from health care and plastics to transportation, beauty products and manufacturing.

Contact Data
Trying to get in touch with decision makers at Valero Energy Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman of the Board & Chief Executive Officer

President & Chief Operating Officer

Executive Vice President & Chief Financial Officer

Secretary, Senior Vice President & General Counsel

Senior Vice President & Chief Technology Officer

Executive Vice President & Chief Commercial Officer

Chief Accounting Officer & Senior Vice President

Senior Vice President-Alternative Energy & Project Development

Senior Vice President Wholesale Marketing & International Commercial Operations

Vice President-Supply Chain Optimization

Board of Directors

Chairman of the Board & Chief Executive Officer at Valero Energy Corp.

Chief Legal Officer & Secretary at Procter & Gamble Co.

Chair, Mergers & Acquisitions Practice at Jones Day

Vice Chair, Unite Forever Campaign at United Way of Metropolitan Dallas

Chairman & Chief Executive Officer at HMS Ventures LLC

Former Senator from Oklahoma

Chairman of the Board, President & Chief Executive Officer of Southern Company Gas at The Southern Company

Managing Partner at Mile 26 Capital LP

Vice President-Legal Counsel at Alamo Area Council Boy Scouts of America

Limited Partner, Managing Director at Lime Rock Management LP

Paths to Valero Energy Corp.
Potential Connections via
Relationship Science
You
Valero Energy Corp.
Owners & Shareholders
Details Hidden

PIM’s analysis of the financial markets is generally based on fundamental analysis and research, but also includes quantitative elements. Their research is focused on developing both a top-down view of broader market performance and a bottom-up outlook for individual securities. PIM’s computer-based models are designed to analyze a variety of financial data from various sources and generate investment selections. They rely on research generated in-house which is tailored to the precise needs of our investment professionals. External research is also used - for example, to evaluate consensus views and to augment the research process. In managing assets, PIM has the flexibility to invest in securities and other financial instruments of almost any type (including both cash securities, such as stocks and bonds, and derivative instruments, such as swaps, futures, forwards, and options).

Details Hidden

Barrow, Hanley, Mewhinney & Strauss has a strict definition of value. Our equity portfolios exhibit below-market price-to-earnings ratios, below-market price-to-book ratios, and above-market dividend yields, regardless of market conditions. As a result, each of our clients is assured that we will do our part to maintain the style integrity of their overall portfolio. In fixed income, we define value as temporarily mispriced securities with yield-to-maturity advantages over Treasury bonds of comparable maturity. We identify each opportunity from the bottom up, building a duration-neutral portfolio designed to "out-yield" the market. In this way, Barrow Hanley seeks to achieve higher total returns for our fixed income clients with below-benchmark volatility. Mutual Fund Sub-Advisory Services Stability of investment team, strict adherence to style and uniformity of process are hallmarks of Barrow Hanley. Through an investment in a Barrow Hanley sub-advised mutual fund, individual investors are able to access the research-driven, bottom-up approach to active security selection that is utilized by major pension plans, foundations and endowments, and other institutional investors worldwide. Barrow Hanley currently serves as a sub-advisor to more than 30 equity and fixed income mutual funds. In addition to sub-advising an array of nationally-recognized mutual funds in the U.S., we sub-advise a number of internationally-based funds.

Details Hidden

PIMCO (Pacific Investment Management Company, LLC) is a global investment management firm focusing on active fixed income management. PIMCO manages investments in many asset classes such as fixed income, equities, commodities, asset allocation, ETFs, hedge funds, and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.21 trillion in assets for central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. PIMCO is headquartered in Newport Beach, California, and has over 2,900 employees working in 17 offices throughout the Americas, Europe, and Asia.

Recent Transactions
Details Hidden

Valero Energy Corp. purchases Valero Energy Partners LP

Details Hidden

Valero Energy Corp. purchases Valero Peru SAC from Pegasus Capital Advisors LP

Details Hidden

Valero Energy Corp., Valero Logistics UK Ltd. purchase Valero Pembrokeshire Oil Terminal Ltd. from SemGroup LLC

Insider Transactions
Details Hidden
Transaction Advisors
Legal Advisor

Advised onValero Energy Corp. purchases Premcor, Inc.

Investment Advisor

Advised onValero Energy Corp. purchases Ultramar Diamond Shamrock Corp.

Accountant

Advised onValero Energy Corp. purchases Ultramar Diamond Shamrock Corp.

Legal Advisor

Advised onCST Brands, Inc. issued USD Common Stock

Legal Advisor

Advised onValero Energy Corp. purchases Valero Energy Partners LP

Associate

Advised onValero Energy Corp. purchases Valero Energy Partners LP

Advisors & Consultants
Advisor

Chief Financial Officer, Director & Executive Vice President at Valero Energy Partners LP

Advisor

Executive Chairman at SilverBox Engaged Merger Corp. I

Legal Advisor

Partner at Wachtell, Lipton, Rosen & Katz

Clients

Energy Transfer is a Texas-based company that began in 1995 as a small intrastate natural gas pipeline operator and is now one of the largest and most diversified investment grade master limited partnerships in the United States. Growing from roughly 200 miles of natural gas pipelines in 2002 to approximately 69,000 miles of natural gas, natural gas liquids (NGLs), refined products, and crude oil pipelines today, the Energy Transfer family of partnerships remains dedicated to providing exceptional service to its customers and attractive returns to its investors. Through several recent transformative transactions, we have expanded our scope of services and increased our focus on the transportation of heavier hydrocarbons. While we remain committed to the prolific natural gas industry, we enhanced our diversified portfolio of assets by making a strategic entrance into the NGL business through the acquisition of Louis Dreyfus’ NGL storage, fractionation and transportation operations in 2011. In 2012, we acquired Southern Union Company, a leading diversified natural gas company, which expanded our national footprint and added more than 20,000 miles of gathering and transportation pipelines to our portfolio. More recently, we made a strong entrance into the crude oil and refined products business by acquiring Sunoco, Inc., including its interest in Sunoco Logistics Partners L.P. (SXL). These acquisitions, together with our already robust asset base, have enabled Energy Transfer to become a premier provider of services to producers and consumers of natural gas, NGLs, crude oil, and refined products. To improve operating efficiencies within the Energy Transfer family, in October 2012 we formed ETP Holdco Corporation, which is owned 60% by ETE and 40% by ETP and controlled through a majority board membership by ETP. ETP Holdco owns a 100% equity interest in Southern Union Company and Sunoco, Inc. (excluding SXL)

Univar Solutions, Inc. is a chemical and ingredients distributor and provider of specialty services. It operates through the following segments: USA, Canada, Europe and the Middle East and Africa, and Latin America. The company was founded by George van Waters and Nat Rogers on August 8, 1924 and is headquartered in Downers Grove, IL.

Global Partners LP engages in purchasing, selling, storing, and logistics of transporting petroleum and related products. It operates through the following business segments; Wholesale, Gasoline Distribution and Station Operations (GDSO) and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes sales of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.

Key Stats and Financials As of 2020
Market Capitalization
$27.9B
Total Enterprise Value
$36.4B
Earnings Per Share
$-3.5
Revenue
$64.9B
EBITDAMargin
0.95%
Enterprise Value / Sales
0.56x
Enterprise Value EBITDAOperating
57.38x
TEVNet Income
-25.53x
Debt TEV
0.44x
Net Profit
$-1.43B
EBITDA
$614M
Total Equity
$19.6B
Total Debt
$15.8B
Three Year Compounded Annual Growth Rate Of Revenue
-11.62%
Non-Profit Donations & Grants
Political Donations
$5,000
2014
$1,500
2014
Investments
Details Hidden

Enerkem, Inc. develops renewable biofuels and chemicals from waste. It is a gasification technology company specializing in converting low and negative value waste stream into liquid alcohols used for transportation fuels. The firm through the combination of a proprietary thermo chemical technology platform and community-based facilities addresses the oil dependence and waste disposal. The company was founded by Vincent Chornet and Esteban Chornet in 2000 and is headquartered in Montréal, Canada.

Details Hidden

Mascoma Corp. develops technology for abundant biomass conversion. The firm operates through its bioprocessing technology platform, develops bioengineered yeasts and other microorganisms. It also designs and manufactures equipment that processes cellulosic biomass for further biological or chemical conversion. The company was founded by Lee R. Lynd, Charles E. Wyman and Robert J. Johnsen in 2005 and is headquartered in Waltham, MA.

Details Hidden

Qteros, Inc. develops cellulosic ethanol transportation fuel. The firm utilizes a Q Microbe that converts all fermentable components of biomass to ethanol. The company was founded by Stephan Rogers, Jeffrey Hausthor, Susan Leschine, Jonathan Gorham, John Fabel and Jeffrey C. Sharp in 2006 and is headquartered in Amherst, MA.

Suppliers
Albemarle Corp. Chemicals | Charlotte, NC

Albemarle Corp. engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment engages in developing and manufacture of basic lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties and reagents. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Catalysts segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.

Earthstone Energy, Inc. Industrial Machinery & Manufacturing | Denver, CO

Earthstone Energy, Inc. is an independent oil and gas holding company. It engages in the acquisition, exploration, development, and production of oil and gas reserves. It also focuses on the Midland Basin and Eagle Ford Trend properties. The company was founded on July 7, 1969 and is headquartered in The Woodlands, TX.

CECO Environmental Corp. Power & Utilities | Cincinnati, Ohio

CECO Environmental Corp. engages in the provision of engineering technology and solutions. It offers services in the field of environment, energy, fluid handling, and filtration. The firm operates through the following segments: Energy Solutions, Industrial Solutions and Fluid Handling Solutions. The Energy Solutions segment improves air quality and solves fluid handling needs with market engineered, and customized solutions for the power generation, oil and gas, and petrochemical industries. The Industrial Solutions segment serves the industrial pollution control market. The Fluid Handling Solutions segment provides pump and filtration solutions that maintain safe and clean operations in some of the most harsh and toxic environments. The company was founded by Phillip DeZwirek in 1966 and is headquartered in Dallas, TX.

Competitors
ConocoPhillips Oil & Gas - Houston, TX

ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids, and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; Asia Pacific; and Other International. The Alaska segment primarily explores for produces, transports and markets crude oil, natural gas and natural gas liquids. The Lower 48 segment consists of operations in the U.S. and the Gulf of Mexico. The Canada segment is comprised of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe, Middle East and North Africa segment consists of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific segment has explorations and product operations in China, Indonesia, Malaysia and Australia. The Other International segment handles exploration activities in Columbia and Argentina. The company was founded in 1875 and is headquartered in Houston, TX.

Occidental Petroleum Corporation Oil & Gas - Houston, Texas

Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world.??

EOG Resources, Inc. Oil & Gas - Houston, TX

EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources, Inc. is listed on the New York Stock Exchange and is traded under the ticker symbol “EOG.” At December 31, 2011, EOG’s estimated net proved crude oil, condensate and natural gas liquids reserves were 745 million barrels and estimated net proved natural gas reserves were 7,851 billion cubic feet for a total of 2,054 million barrels of oil equivalent. Approximately 84 percent of these reserves on a crude oil equivalent basis were located in the United States, 9 percent in Canada, 6 percent in Trinidad and less than 1 percent in the United Kingdom and China. At year-end 2011, EOG had approximately 2,550 employees

Awards & Honors
Rank #32
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #32
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Valero Energy Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Valero Energy Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Valero Energy Corp..