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Encyclopedia > Valero
Valero Energy Corp
Valero
Type of Company Public(NYSE: VLO)
Founded January 1, 1980
Headquarters San Antonio, TX, USA
Key people Bill Klesse, CEO
Industry Oil and Gasoline
Products Petrochemical
Revenue $80 billion USD (2004)
Employees 22,000
Slogan The energy to take you anywhere
Website www.valero.com

Valero Energy Corporation (NYSE: VLO) is a Fortune 500 company based in San Antonio, Texas with approximately 22,000 employees and annual revenue of more than $80 billion. The company owns and operates 17 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.3 million barrels per day, making it the largest refiner in North America. Valero is also one of the nation's largest retail operators with 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, Ultramar, Shamrock and Beacon. Valero Energy also is the majority owner of Valero GP Holdings, LLC, NYSE: VEH, though they intend to ultimately divest their entire ownership[1]. Valero GP Holdings owns the 2% general partner interest in Valero L.P. NYSE: VLI, 100% of the incentive distribution rights issued by Valero L.P. and approximately 10.2 million common units of Valero L.P., which represent a 21.4% limited partner interest in Valero L.P. Valero logo This is a copyrighted and/or trademarked logo. ... A public company is a company owned by the public rather than by relatively few individuals. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 1980 (MCMLXXX) was a leap year starting on Tuesday. ... The Alamo in San Antonio San Antonio is a city in the U.S. state of Texas. ... This is a list of petroleum companies. ... Petrochemicals are chemical products made from raw materials of petroleum (hydrocarbon) origin. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... The United States dollar is the official currency of the United States. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up Slogan in Wiktionary, the free dictionary. ... This page as shown in the AOL 9. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... Nickname: Alamo City; River City Location in the state of Texas Coordinates: Counties Bexar County Mayor Phil Hardberger Area    - City 1067. ... Texas is the gayest motherfucking state out there they can suck my big black balls. ... View of Shell Oil Refinery in Martinez, California. ... World map depicting Caribbean : West Indies redirects here. ... The barrel is the name of several units of measurement. ... World map showing North America A satellite composite image of North America. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...

Contents

Retail

A typical Valero gas station in Mountain View, California
A typical Valero gas station in Mountain View, California

Valero also retails gasoline branded as Valero, Shamrock, Diamond Shamrock, Ultramar, Beacon, and Total. While this arm of the company is the most visible to the public, it is, according to CEO Bill Klesse, "a very small part of [Valero's] operations"[2]. Image File history File links Download high resolution version (1000x540, 240 KB)A typical Valero gas station, in Mountain View, California. ... Image File history File links Download high resolution version (1000x540, 240 KB)A typical Valero gas station, in Mountain View, California. ... Mountain View is a city in Santa Clara County, in the U.S. state of California. ... Gasoline, also called petrol, is a petroleum-derived liquid mixture consisting mostly of hydrocarbons and enhanced with benzene or iso-octane to increase octane ratings, used as fuel in internal combustion engines. ... Shamrock station in Port OConnor, Texas, 2006 Shamrock Oil is an oil company based mostly in the American southern states. ...


Valero is gradually shifting its focus from being a discount gasoline brand to becoming a premium brand. As part of that shift, Valero has begun to rebrand its Ultramar, Beacon, Total and Diamond Shamrock stations to the Valero brand. The Beacon and Shamrock brands are used by retailers as a low cost alternative to the premium Valero brand. (The Shamrock brand, in the Valero empire, is based on the former Shamrock Oil and Gas Company, which merged with Diamond Alkali in 1967 to form Diamond Shamrock.) The name Ultramar, while being eliminated in the U.S., will still be used as Valero's brand name in Canada. Modern filling station, Preem in Karlskrona, Sweden An Ampol station in Australia in the late 1940s. ... This article or section does not cite its references or sources. ... Shamrock station in Port OConnor, Texas, 2006 Shamrock Oil is an oil company based mostly in the American southern states. ...


History

Valero was created on January 1, 1980, as a spinoff from the Coastal States Gas Corporation. At the time, it was the largest corporate spinoff in U.S. history. Valero took over the natural gas operations of the LoVaca Gathering Company, a defunct subsidiary of Coastal States Gas. The name Valero comes from Mission San Antonio de Valero, the mission founded in 1718 from which the city of San Antonio started, which is better known worldwide as The Alamo. January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 1980 (MCMLXXX) was a leap year starting on Tuesday. ... Natural gas is a gaseous fossil fuel consisting primarily of methane. ... The Alamo is a popular destination for tourists in San Antonio. ...


The company acquired a small oil refinery in Corpus Christi, Texas in 1981, and began refining operations in 1984. Nickname: Sparkling City by the Sea Location in the state of Texas Counties Nueces County Mayor Henry Garrett Area    - City 1,192. ... 1981 (MCMLXXXI) was a common year starting on Thursday of the Gregorian calendar. ... 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ...


In 1997, Valero spun off its refining and retail divisions into a separate company, which kept the Valero name. At the same time, the remaining divisions, which consisted primarily of natural gas operations, were acquired by PG&E. Later that year, Valero acquired Basis Petroleum, which left it with four refineries in Texas and Louisiana. 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... Pacific Gas and Electric Company (PG&E) is the utility that provides power to most of Northern California. ... Texas is the gayest motherfucking state out there they can suck my big black balls. ... This article does not cite its references or sources. ...


Valero acquired a Paulsboro, New Jersey refinery in 1998. This was the company's first refinery outside of the Gulf Coast area. Paulsboro highlighted in Gloucester County. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... The Gulf of Mexico is a major body of water bordered and nearly landlocked by North America. ...


In 2000, Valero purchased ExxonMobil's Benicia, California refinery and interests in 350 Exxon-branded service stations in California, mainly in the San Francisco Bay area. The company also began retailing gasoline under the Valero brand. In June 2001, the company acquired the Huntway Refining Company, along with two asphalt plants on the west coast. This article is about the year 2000. ... Exxon Mobil Corporation or ExxonMobil (NYSE: XOM), headquartered in Irving, a suburb of Dallas, Texas, USA, is the largest publicly traded integrated oil and gas company in the world, formed on November 30, 1999, by the merger of Exxon and Mobil. ... Benicia is a waterside city in Solano County, California, United States. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... USGS Satellite photo of the San Francisco Bay Area. ... This article is about the year 2001. ...


On December 31, 2001, Valero completed its acquisition of Ultramar Diamond Shamrock. This merger left Valero with over 4,700 retail sites in the U.S., Canada, and the Caribbean. With this acquisition Valero also received ownership of Shamrock Logistics L.P., which was renamed Valero L.P. This limited partnership owns and operates a 7200 mile (11500 km) pipeline network and 57 refined product terminals in the U.S., and is publicly traded (Valero maintains a 13.6 percent indirect interest through Valero GP Holdings, LLC, also publicly traded, though they have announced their intention to ultimately divest of all their interests). December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ... This article is about the year 2001. ... A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). ...


Starting in 2002, Valero has been expanding its marketing to the East Coast, specifically the Northeast and Florida, using the Valero brand. For album titles with the same name, see 2002 (album). ... This article or section does not cite its references or sources. ...


On April 25, 2005 Valero agreed to buy Premcor Inc. for $6.9 billion in cash and stock to become the largest U.S. refiner, as record prices for gasoline and other fuels boost profits. April 25 is the 115th day of the year in the Gregorian Calendar (116th in leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Premcor (NYSE: PCO) was a Fortune 500 oil refinery group based in Greenwich, Connecticut. ...


On June 30, 2005 Valero announced it was beginning a two-year process of converting Diamond Shamrock stations to the Valero brand. June 30 is the 181st day of the year (182nd in leap years) in the Gregorian Calendar, with 184 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


Starting in 2007, Valero will takeover for Sunoco as the exclusive gas provider for the Ohio Turnpike service plazas[3]. 2007 (MMVII) will be a common year starting on Monday of the Gregorian calendar. ... The westbound Ohio Turnpike The Ohio Turnpike (officially the James W. Shocknessy Ohio Turnpike) is a publicly-built toll east-west expressway across northern Ohio. ...


See also

This is a list of automotive fuel brands (petrol or gasoline, diesel, etc. ...

External link

  • Valero Web site
San Antonio, Texas
Attractions

The Alamo  •  HemisFair '68  •  Institute of Texan Cultures  •  Japanese Tea Gardens  •  San Antonio Missions National Historical Park  •  The River Walk  •  Tower of the Americas Image File history File links San_Antonio_Texas_Flag. ... Nickname: Alamo City; River City Location in the state of Texas Coordinates: Counties Bexar County Mayor Phil Hardberger Area    - City 1067. ... Texas is the gayest motherfucking state out there they can suck my big black balls. ... The Alamo is a popular destination for tourists in San Antonio. ... HemisFair 68 was the first officially designated worlds fair (or international exposition) held in the Southwest United States. ... The Institute of Texan Cultures is a museum and library located in HemisFair Park in central San Antonio, Texas. ... The San Antonio Japanese Tea Gardens (also known as the Sunken Gardens) is a registered Texas historical landmark in San Antonio, Texas. ... Four Spanish frontier missions, part of a colonization system that stretched across the Spanish Southwest in the 17th, 18th, 19th centuries, are preserved here. ... The River Walk at St. ... Downtown San Antonio features the historic San Fernando Cathedral, the Tower Life Building and the Tower of The Americas. ...

Entertainment

Alamodome  •  AT&T Center  •  Freeman Coliseum  •  Nelson W. Wolff Stadium  •  San Antonio Missions (Baseball)  •  San Antonio Stock Show & Rodeo
San Antonio Spurs  •  SeaWorld  •  Fiesta Texas  •  Splashtown The Alamodome is a multi-purpose facility that is primarily used as a football/basketball stadium and convention center in San Antonio, Texas. ... The AT&T Center is an indoor arena located in San Antonio, Texas. ... San Antonio Freeman Coliseum, built in 1950, has been host to thousands of events varying from three-ring circus acts to concerts and boxing events. ... Nelson W. Wolff Municipal Stadium is a stadium in San Antonio, Texas. ... League Texas League Division South Division Year founded 1968 Major League affiliation San Diego Padres Home ballpark Nelson W. Wolff Municipal Stadium Previous home ballparks City San Antonio, Texas Current uniform colors white, gold and black Previous uniform colors Logo design The wordmark Missions in white with black drop shadow. ... The San Antonio Stock Show & Rodeo in San Antonio, Texas, USA is one of the largest Livestock Shows & Rodeos in the country. ... The San Antonio Spurs are an American professional basketball team based in San Antonio, Texas. ... // Introduction SeaWorld San Antonio is a theme park located in San Antonio, Texas. ... Six Flags Fiesta Texas is a 200-acre theme park located at 29. ... Splashtown San Antonio is a water park located in San Antonio, Texas. ...

Companies

AT&T  •  Clear Channel  •  CTRC  •  Frost Bank  •  H-E-B  •  San Antonio Express-News  •  Tesoro  •  USAA  •  Valero This article describes the present AT&T Inc. ... This article is about the company. ... Located in San Antonio, Texas, the Cancer Therapy & Research Center (CTRC) is one of the nation’s leading academic research and treatment centers. ... Frost National Bank (DBA Frost Bank) is a nationally chartered bank founded in 1869 that is based in San Antonio. ... H.E. Butt Grocery Company (abbreviated H-E-B) is a Texas supermarket chain with over 300 stores and 56,000 employees. ... The San Antonio Express-News is the daily circulatory newspaper of San Antonio, Texas. ... Tesoro Corporation NYSE: TSO is a FORTUNE 500 company headquartered in San Antonio, Texas, with 2004 annual revenues of $12. ... Please wikify (format) this article or section as suggested in the Guide to layout and the Manual of Style. ...

Military

Brooks City-Base  •  Fort Sam Houston  •  Lackland Air Force Base  •  Randolph Air Force Base Brooks Air Force Base was a United States Air Force base located in San Antonio, Texas. ... Fort Sam Houston is a U.S. Army post in San Antonio, Texas. ... Lackland Air Force Base is a base of the United States Air Force located west of San Antonio, Texas, USA. It is located at 29°2323 North, 98°3645 West (29. ... Randolph Air Force Base (Randolph AFB) is a base of the United States Air Force located in Bexar County, Texas near San Antonio. ...

Research & Education

San Antonio Public Library  •  South Texas Medical Center  •  St. Mary's University  •  Southwest Foundation for Biomedical Research  •  Southwest Research Institute
Trinity University  •  UTSA  •  UT Health Science Center  •  University of the Incarnate Word The San Antonio Public Library is a collection of a Central Library and 24 branch libraries (as of the fall of 2007) that serve the City of San Antonio. ... The South Texas Medical Center is a conglomerate of numerous major hospitals, clinics, and research and higher educational institutions, located in San Antonio, Texas. ... St. ... Southwest Foundation for Biomedical Research (SFBR) is a large private research institute located in San Antonio Texas. ... Southwest Research Institute (SwRI) is an independent, nonprofit applied research and development organization. ... Trinity University is an independent, primarily undergraduate, liberal arts and sciences university in San Antonio, Texas. ... UTSA is San Antonios largest university. ... The University of Texas Health Science Center at San Antonio (UTHSCSA) is the largest comprehensive health sciences university in South Texas. ... The University of the Incarnate Word (UIW) is located in San Antonio, Texas. ...

Other

Bexar County Courthouse  •  North Star Mall  •  Pearl Brewery  •  Rivercenter  •  San Antonio Convention Center  •  San Antonio International Airport  •  The Shops at La Cantera  •  VIA Facade view from west Another view The Bexar County Courthouse is an historic building in downtown San Antonio, Texas. ... A pair of Texas-sized cowboy boots near the Saks Fifth Avenue greets drivers along Loop 410. ... The Pearl Brewing Company also known as the Pearl Brewery (Pearl) was an American brewery, established in 1883 in San Antonio, Texas. ... Rivercenter is a shopping mall located in downtown San Antonio, Texas along the River Walk. ... The Tower of the Americas is seen in the background. ... San Antonio International Airport (IATA: SAT, ICAO: KSAT) (9800 Airport Blvd. ... The Shops at La Cantera is an upscale open-air regional shopping mall located in northwest San Antonio near the Loop 1604 and I-10 Interchange. ... Categories: Possible copyright violations ...


  Results from FactBites:
 
Work at Valero (115 words)
That pride contributes to the fact that employees at Valero are happy and like working for Valero.
Furthermore, Valero’s mission statement emphasizes that employees are our number-one asset.
Employees at Valero appreciate challenging responsibilities, the best benefits in the industry, a diverse working environment, and many opportunities to give back to their communities.
Valero Home Page (55 words)
Valero is largest fundraising team in 2007 MS150.
The largest refiner in North America, Valero's geographically diverse refining network stretches from Canada to the U.S. Gulf Coast and West Coast to the Caribbean.
Nearly 275,000 hours donated by Valero employees in 2006.
  More results at FactBites »

 
 

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