Valero Energy, headquartered in San Antonio, Texas, manufactures and markets transportation fuels and petrochemical products through refining, renewable diesel, and ethanol segments. The company employs 9,886 people and operates over 15 refineries across North America and the UK.
VLO has been in the news recently: Valero Energy operates in a market affected by geopolitical events, such as the U.S. military operations against Iran, which are influencing oil prices. Currently, U.S. gas prices are over $3.46 per gallon, but Energy Secretary Chris Wright predicts a decline as Iran's impact on tanker traffic decreases.
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