Valero Energy Corporation

Valero Energy Corporation is an American-based fuels producer, primarily engaged in the manufacturing and marketing of transportation fuels and other related products. Headquartered in San Antonio, Texas, the company's mission is to be the premier manufacturer, distributor, and marketer of quality transportation fuels and petrochemical feedstocks, while serving the needs of its employees, communities, and stakeholders.

The company operates through three main segments: Refining, Renewable Diesel, and Ethanol. Its key products include gasoline, diesel, jet fuel, renewable diesel, ethanol, and various petrochemical products. Valero owns and operates 15 refineries across the United States, Canada, and the United Kingdom, two renewable diesel plants, and 12 ethanol plants. The company also markets products under several brands, including Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco.

Valero is recognized as the world's largest independent petroleum refiner and a leading producer of renewable fuels in North America. As of mid-2025, Gary Simmons assumed the role of President and CEO, with Homer Bhullar appointed CFO effective January 1, 2026. The company reported strong financial performance in the first and second quarters of 2026, demonstrating significant net income and returns to stockholders. Recent operational developments include the idling of its Benicia, California refinery in early 2026 and an incident at its Port Arthur refinery in March 2026. Valero continues to focus on advancing the future of energy through innovation and expanding its low-carbon fuels business.