Name | Value |
---|---|
Revenues | 34.5B |
Cost of Revenue | 31.5B |
Gross Profit | 3.0B |
Operating Expense | 0.2B |
Operating I/L | 2.8B |
Other Income/Expense | -0.0B |
Interest Income | 0.1B |
Pretax | 2.7B |
Income Tax Expense | 0.6B |
Net Income/Loss | 1.9B |
Valero Energy Corporation is a leading manufacturer, marketer, and seller of transportation fuels and petrochemical products globally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It owns 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. Valero sells its refined products through wholesale rack and bulk markets, as well as through approximately 7,000 outlets under various brand names. Additionally, the company produces and sells ethanol, distiller grains, syrup, and inedible corn oil primarily to animal feed customers.