San Antonio, Texas-based Valero Energy Corporation (VLO) manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products worldwide. With a market cap of $40.2 billion, the company operates through Refining, Renewable Diesel, and Ethanol segments.
Companies worth $10 billion or more are generally labeled as “large-cap stocks”, and Valero Energy fits this criterion perfectly. The company owns 15 petroleum refineries and is one of the leading renewable fuels producers, with a growing presence in ethanol and renewable diesel, reflecting its commitment to sustainability alongside core refining operations.
