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International Oil Company Downstream NYSE: VLO

Valero

San Antonio, Texas, United States · Established 1980 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

Valero Energy Corporation is the world's largest independent refiner by throughput capacity, operating 15 refineries totalling approximately 3.2 mbpd across the US Gulf Coast, Mid-Continent, and West Coast. Renewable diesel production via Diamond Green Diesel JV (with Darling Ingredients) exceeds 1.2 billion gallons annually. FY2024 revenue approximated $130 billion with net income near $4.8 billion. Gulf Coast complex refining assets benefit from export-oriented product markets and advantaged...

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