Valero Energy Corp. VLO

What this company does

Valero Energy manufactures and markets petroleum-based and low-carbon liquid transportation fuels and petrochemical products, sold primarily in the United States, Canada, the United Kingdom, Ireland and Latin America. It owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. The company is a joint venture member in DGD, which produces low-carbon fuels at two plants in the Gulf Coast region of the U.S. with a combined production capacity of approximately 1.2 billion gallons per year. Its 12 ethanol plants in the Mid-Continent region of the U.S. have a combined production capacity of approximately 1.7 billion gallons per year. On December 31, 2025 it had 9,811 employees. Operations are managed through three reportable segments: Refining, which covers the petroleum refineries and the marketing and logistics activities that support them; Renewable Diesel, which covers the operations of DGD; and Ethanol, which covers the ethanol plants and the marketing of ethanol and co-products. The company was incorporated in Delaware in 1981 under the name Valero Refining and Marketing Company and took the name Valero Energy Corporation in 1997.

Written from the business description in VALERO ENERGY CORP/TX's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.