Discover The Ownership Behind Valero Gas: Who's In Control?

Who owns Valero gas?

Valero Energy Corporation is an American multinational energy company headquartered in San Antonio, Texas. It is the second-largest refiner in the United States, with a total refining capacity of approximately 3 million barrels per day. Valero is also a major producer of ethanol and renewable diesel. The company was founded in 1980 by Bill Greehey and has since grown to become one of the largest energy companies in the world.

Valero's success is due in part to its focus on operational excellence and its ability to adapt to changing market conditions. The company has a strong track record of financial performance and has consistently returned value to shareholders. Valero is also a leader in environmental stewardship and has invested heavily in renewable energy and emissions-reduction technologies.

The following table provides a brief overview of Valero Energy Corporation:

Name Title Years active
Bill Greehey Founder, Chairman, and CEO 1980-2017
Joe Gorder President and CEO 2017-present

Valero Energy Corporation is a major player in the global energy market. The company's focus on operational excellence, financial performance, and environmental stewardship has made it one of the most successful energy companies in the world.

Who Owns Valero Gas?

Valero Energy Corporation is an American multinational energy company headquartered in San Antonio, Texas. It is the second-largest refiner in the United States, with a total refining capacity of approximately 3 million barrels per day. Valero is also a major producer of ethanol and renewable diesel.

  • Founder: Bill Greehey
  • CEO: Joe Gorder
  • Headquarters: San Antonio, Texas
  • Industry: Energy
  • Products: Gasoline, diesel fuel, ethanol, renewable diesel
  • Revenue: $132.4 billion (2022)
  • Employees: 10,000+
  • Fortune 500 Rank: 17 (2023)

Valero Energy Corporation is a major player in the global energy market. The company's focus on operational excellence, financial performance, and environmental stewardship has made it one of the most successful energy companies in the world.

1. Founder

Bill Greehey is the founder of Valero Energy Corporation, the second-largest refiner in the United States. He is a major figure in the energy industry and has been instrumental in the growth and success of Valero. Greehey is a self-made billionaire and is known for his business acumen and philanthropy.

  • Early life and career: Greehey was born in 1931 in San Antonio, Texas. He served in the U.S. Air Force and then worked as a petroleum landman before founding Valero in 1980.
  • Building Valero: Greehey started Valero with a small refinery in Corpus Christi, Texas. Through a series of acquisitions and expansions, he grew Valero into one of the largest and most successful energy companies in the world.
  • Philanthropy: Greehey is a major philanthropist and has donated millions of dollars to various charities and organizations. He is particularly interested in supporting education and healthcare.
  • Legacy: Greehey is a legend in the energy industry and is widely respected for his business acumen and philanthropy. He is a role model for entrepreneurs and business leaders around the world.

Bill Greehey is a major figure in the energy industry and has been instrumental in the growth and success of Valero Energy Corporation. He is a self-made billionaire and is known for his business acumen and philanthropy. Greehey is a role model for entrepreneurs and business leaders around the world.

2. CEO

Joe Gorder is the current CEO of Valero Energy Corporation, the second-largest refiner in the United States. He has been with Valero for over 30 years and has held various leadership positions, including President and COO. Gorder is a highly respected figure in the energy industry and is known for his operational expertise and strategic vision.

Gorder's leadership has been instrumental in Valero's success over the past several years. He has overseen the company's expansion into new markets, including Mexico and the United Kingdom. He has also led Valero's efforts to improve its environmental performance and reduce its carbon footprint.

Gorder is a strong advocate for the energy industry and has been a vocal critic of government policies that he believes are harmful to the industry. He is also a strong supporter of education and workforce development. Gorder serves on the board of directors of the American Petroleum Institute and the National Petroleum Council.

Joe Gorder is a key figure in the energy industry and has been instrumental in the success of Valero Energy Corporation. His leadership and expertise have helped Valero to become one of the largest and most successful energy companies in the world.

3. Headquarters

The fact that Valero Energy Corporation is headquartered in San Antonio, Texas is significant for several reasons. First, it demonstrates the company's commitment to the city and the state of Texas. Valero is a major employer in San Antonio, and its presence has a positive impact on the local economy. Second, San Antonio is a major energy hub, and Valero's headquarters location gives it access to a pool of skilled workers and resources.

In addition, Valero's headquarters location in San Antonio gives it a central location within the United States. This allows the company to easily distribute its products to customers across the country. Valero also has a strong presence in Mexico and the United Kingdom, and its headquarters location in San Antonio gives it easy access to these markets.

Overall, the fact that Valero Energy Corporation is headquartered in San Antonio, Texas is a significant factor in the company's success. Its central location, access to skilled workers and resources, and proximity to key markets have all contributed to Valero's growth and success.

4. Industry

The energy industry is a vital part of the global economy, providing the fuel and power that drives our world. Valero Energy Corporation is a major player in the energy industry, and its success is closely tied to the health of the industry as a whole.

  • Oil and gas production: Valero is one of the largest refiners of crude oil and natural gas in the United States. The company's refineries convert crude oil into gasoline, diesel fuel, and other products that are used to power our vehicles and homes.
  • Renewable energy: Valero is also a major producer of renewable energy, including ethanol and renewable diesel. These fuels are made from plant-based materials and can help to reduce our dependence on fossil fuels.
  • Transportation and logistics: Valero has a large network of pipelines and terminals that transport its products to customers across the United States and around the world. The company's logistics network is essential for ensuring that its products are delivered safely and efficiently.
  • Environmental stewardship: Valero is committed to environmental stewardship and has invested heavily in emissions-reduction technologies. The company is also a leader in the development of renewable energy and other sustainable practices.

The energy industry is a complex and challenging one, but it is also essential for the global economy. Valero Energy Corporation is a major player in the energy industry, and its success is closely tied to the health of the industry as a whole.

5. Products

The products that Valero Energy Corporation produces are closely tied to the question of "valero gas is owned by who" because they represent the core business of the company. Valero is a major refiner and marketer of transportation fuels, including gasoline, diesel fuel, and ethanol. The company also produces renewable diesel, which is a cleaner-burning alternative to traditional diesel fuel.

  • Gasoline: Gasoline is the most widely used transportation fuel in the world. It is used to power cars, trucks, and other vehicles. Valero is one of the largest refiners of gasoline in the United States, and its gasoline is sold under the Valero, Diamond Shamrock, and Beacon brands.
  • Diesel fuel: Diesel fuel is used to power trucks, buses, and other heavy-duty vehicles. Valero is a major refiner of diesel fuel in the United States, and its diesel fuel is sold under the Valero, Diamond Shamrock, and Beacon brands.
  • Ethanol: Ethanol is a renewable fuel that is made from plant-based materials. It can be used to power vehicles or blended with gasoline to create a cleaner-burning fuel. Valero is a major producer of ethanol in the United States, and its ethanol is sold under the Valero and Diamond Shamrock brands.
  • Renewable diesel: Renewable diesel is a cleaner-burning alternative to traditional diesel fuel. It is made from plant-based materials and can be used to power trucks, buses, and other heavy-duty vehicles. Valero is a major producer of renewable diesel in the United States, and its renewable diesel is sold under the Valero and Diamond Shamrock brands.

The products that Valero produces are essential to the transportation industry. The company's gasoline, diesel fuel, ethanol, and renewable diesel are used to power vehicles all over the world. Valero's success is closely tied to the demand for these products, and the company is well-positioned to continue to grow as the demand for transportation fuels increases.

6. Revenue

Valero Energy Corporation's revenue of $132.4 billion in 2022 is a key indicator of the company's financial strength and success. Revenue is the total amount of money that a company earns from its sales of goods or services. It is a measure of the company's size and scale, and it can be used to compare the company to other companies in the same industry.

Valero's revenue is derived from the sale of its products, which include gasoline, diesel fuel, ethanol, and renewable diesel. The company's revenue is closely tied to the demand for these products, which are essential to the transportation industry. Valero's strong revenue performance in 2022 is a reflection of the strong demand for its products, as well as the company's operational efficiency and its ability to adapt to changing market conditions.

Valero's revenue is also important because it allows the company to invest in new projects and technologies. The company has invested heavily in renewable energy and emissions-reduction technologies in recent years. These investments are essential for the company's long-term success, as they will help Valero to meet the growing demand for cleaner energy sources.

Overall, Valero's revenue of $132.4 billion in 2022 is a key indicator of the company's financial strength and success. The company's revenue is closely tied to the demand for its products, and it allows the company to invest in new projects and technologies. Valero's strong revenue performance is a reflection of the company's operational efficiency and its ability to adapt to changing market conditions.

7. Employees

The fact that Valero Energy Corporation has over 10,000 employees is a significant factor in the company's success. Employees are the backbone of any company, and Valero's large workforce allows the company to operate its refineries, terminals, and other facilities safely and efficiently. Valero's employees are also responsible for developing and implementing the company's strategic initiatives, including its focus on renewable energy and emissions reduction.

Valero's employees are a diverse group of individuals with a wide range of skills and experience. The company's workforce includes engineers, scientists, operators, technicians, and administrative staff. Valero is committed to providing its employees with a safe and rewarding work environment, and the company offers a competitive benefits package that includes health insurance, dental insurance, vision insurance, retirement savings plans, and paid time off.

Valero's employees are essential to the company's success. The company's large workforce allows Valero to operate its facilities safely and efficiently, and its employees are responsible for developing and implementing the company's strategic initiatives. Valero is committed to providing its employees with a safe and rewarding work environment, and the company's employees are proud to be a part of Valero's success.

8. Fortune 500 Rank

Valero Energy Corporation's ranking as number 17 on the Fortune 500 list is a testament to the company's size, financial strength, and overall success. The Fortune 500 list is an annual ranking of the 500 largest corporations in the United States, based on revenue. Valero's high ranking on the list indicates that it is one of the largest and most successful companies in the United States.

  • Financial strength: Valero's high ranking on the Fortune 500 list is a reflection of its financial strength. The company has a strong balance sheet and a healthy cash flow. This financial strength allows Valero to invest in new projects and technologies, and to weather economic downturns.
  • Market share: Valero's high ranking on the Fortune 500 list is also a reflection of its large market share. The company is one of the largest refiners of crude oil and natural gas in the United States. Valero also has a large network of retail gasoline stations, which gives it a strong presence in the retail gasoline market.
  • Operational efficiency: Valero's high ranking on the Fortune 500 list is also a reflection of its operational efficiency. The company has a highly efficient refining network, which allows it to produce gasoline and other products at a low cost. Valero also has a strong logistics network, which allows it to distribute its products to customers quickly and efficiently.
  • Innovation: Valero is a leader in the development of new technologies. The company has invested heavily in renewable energy and emissions-reduction technologies. Valero's commitment to innovation is helping to drive the transition to a cleaner energy future.

Valero's high ranking on the Fortune 500 list is a reflection of the company's size, financial strength, market share, operational efficiency, and commitment to innovation. Valero is one of the largest and most successful companies in the United States, and its high ranking on the Fortune 500 list is a testament to the company's overall success.

FAQs about "valero gas is owned by who"

This section provides answers to frequently asked questions about Valero gas and its ownership.

Question 1: Who owns Valero gas?


Valero Energy Corporation is an American multinational energy company headquartered in San Antonio, Texas. It is the second-largest refiner in the United States, with a total refining capacity of approximately 3 million barrels per day.

Question 2: When was Valero gas founded?


Valero Energy Corporation was founded in 1980 by Bill Greehey.

Question 3: Where is Valero gas headquartered?


Valero Energy Corporation is headquartered in San Antonio, Texas.

Question 4: What products does Valero gas produce?


Valero Energy Corporation produces a range of products, including gasoline, diesel fuel, ethanol, and renewable diesel.

Question 5: How many employees does Valero gas have?


Valero Energy Corporation has over 10,000 employees.

These are just a few of the most frequently asked questions about Valero gas. For more information, please visit the Valero Energy Corporation website.

Transition to next article section:

Now that we have answered some of the most common questions about Valero gas, let's take a closer look at the company's history, operations, and financial performance.

Conclusion

Valero Energy Corporation is one of the largest and most successful energy companies in the United States. The company is the second-largest refiner of crude oil and natural gas in the United States, and it has a large network of retail gasoline stations. Valero also produces a range of renewable fuels, including ethanol and renewable diesel.

Valero's success is due in part to its focus on operational efficiency, financial discipline, and customer service. The company has a strong track record of profitability, and it has consistently returned value to shareholders. Valero is also a leader in the development of new technologies, including renewable energy and emissions-reduction technologies.

Valero Energy Corporation is a key player in the global energy market. The company's focus on operational excellence, financial performance, and environmental stewardship has made it one of the most successful energy companies in the world. Valero is well-positioned to continue to grow and succeed in the years to come.

Valero Company Profile Corporate Watch

Valero Company Profile Corporate Watch

Why Valero’s Shareholder Returns Are Surging

Why Valero’s Shareholder Returns Are Surging

Valero Energy Stock To Remain Below Its PreCovid Peak

Valero Energy Stock To Remain Below Its PreCovid Peak

Detail Author:

  • Name : Dr. Jan Cruickshank Jr.
  • Username : emerald.howell
  • Email : hudson.melissa@homenick.com
  • Birthdate : 1993-12-12
  • Address : 7891 Duncan Gardens Suite 231 Brentburgh, PA 05551-5726
  • Phone : 279.650.1272
  • Company : Tremblay Group
  • Job : Jewelry Model OR Mold Makers
  • Bio : Nisi itaque consequatur ut hic aut. Fugit ipsum saepe quos omnis incidunt. Ducimus rerum similique magnam nisi. Similique voluptate ut optio inventore repellat illo.

Socials

linkedin:

instagram:

  • url : https://instagram.com/douglas2004
  • username : douglas2004
  • bio : Amet incidunt expedita aperiam autem. Itaque deserunt ea aut quia. Porro placeat adipisci rerum ea.
  • followers : 2666
  • following : 863

twitter:

  • url : https://twitter.com/arondouglas
  • username : arondouglas
  • bio : Quam quis ipsum et sapiente aut nulla velit. Et in sunt explicabo soluta enim. Expedita magnam odit consequuntur eius enim voluptatum.
  • followers : 5233
  • following : 2273

facebook:

tiktok:

  • url : https://tiktok.com/@douglas2018
  • username : douglas2018
  • bio : Inventore ex enim enim voluptas necessitatibus eveniet ipsam qui.
  • followers : 778
  • following : 599