9 of 500
Valero Energy
Valero Energy
9
Financials: Latest Results
Rank: 9
Previous rank: 12
CEO: William R. Klesse

The refining giant is going through some big changes. Earlier this year, Valero announced that it planned to spin off its retail business, called CST Brands, a move that the board approved in April 2013. Shareholders like the strategy, and the company's share price has been increasing, overall, since the initial announcement. Valero remains the world's largest independent refiner, with 16 refineries and ethanol plants across the U.S., Caribbean, the United Kingdom and Canada. Profit margins continue to be tight for the refining business, but as more and more oil and gas companies shed their refineries, Valero remains one of the most powerful games in town.

Headquarters:
1 Valero Way
San Antonio, TX. 78249
210-345-2000
Website: www.valero.com
Network with Valero Energy
Key financials
$ millions
% change from 2011
Revenues
138,286
10.5
Profits
2,083
-0.3
Assets
44,477
Stockholder's equity
18,032
Market cap (on 3/29/2013)
25,152.9
Profits as % of
Revenues
1.5
Assets
4.7
Stockholders' equity
11.6
Earnings per share
2012$
3.75
% change from 2011
1.9
2002-2012 annual growth rate %
33.6
Total return to investors
%
2012
65.8
2002-2012 annual rate
15.5
From the May 20, 2013 issue

Notes:
Excise taxes have been deducted.
What do you think of Valero Energy?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
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