| Rank # of Fortune 500 Companies | |
|---|---|
| Texas | 58 |
| New York | 55 |
| California | 52 |
| Company | Rank |
|---|---|
| Valero Energy | 16 |
| Goldman Sachs | 20 |
| Microsoft | 44 |
 Get Quote: VLO
Financials: Latest Results
Rank: 16 (Previous rank: 16)
Compare tool: Valero Energy vs. Top 10 CEO: William R. Klesse Address: 1 Valero Way San Antonio, TX 78249 Phone: 210-345-2000 Website: www.valero.com The independent oil refiner, which also owns over 5,000 gas stations, has been one of the fastest-growing companies in the U.S. in recent years. So it comes as a surprise to see a dip in profit.
The reason? Oil refiners saw margins squeezed last year, as crude prices spiked while the rise in gas prices didn't keep pace. Valero also had some unplanned refinery outages, and is now selling off underperforming facilities. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Petroleum Refining
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