New Zealand markets closed

Valero Energy Corporation (VLO)

NYSE - Nasdaq Real-time price. Currency in USD
Add to watchlist
149.16-0.80 (-0.53%)
As of 09:57AM EST. Market open.

Valero Energy Corporation

One Valero Way
San Antonio, TX 78249
United States
210 345 2000

IndustryOil & Gas Refining & Marketing
Full-time employees9,794

Key executives

NameTitlePayExercisedYear born
Mr. Joseph W. GorderChairman & CEO7.29M1.54M1957
Mr. R. Lane RiggsPres & COO3.09MN/A1966
Mr. Jason W. FraserExec. VP & CFO2.44MN/A1969
Ms. Cheryl ThomasSr. VP & CTO1.73MN/A1962
Mr. Gary K. SimmonsExec. VP & Chief Commercial Officer2.09MN/A1965
Mr. Lawrence Mark SchmeltekopfChief Accounting Officer & Sr. VPN/AN/A1964
Mr. Homer BhullarVP of Investor Relations & Fin.N/AN/AN/A
Mr. J. Stephen GilbertDisclosure & Compliance Officer and Sec.N/AN/AN/A
Mr. Richard Joe WalshSr. VP, Gen. Counsel & Sec.N/AN/A1966
Lillian RiojasExec. Director of Media Relations & CommunicationsN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

Corporate governance

Valero Energy Corporation’s ISS governance QualityScore as of 1 January 2023 is 8. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 7; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.