With a market cap of $39.9 billion, Valero Energy Corporation (VLO) is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels, and petrochemical products. The San Antonio, Texas-based company operates through three segments: Refining; Renewable Diesel; and Ethanol.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Valero Energy fits this criterion perfectly. The company sells its products primarily in the United States, Canada, the United Kingdom, Ireland, and Latin America. It also owns over 15 petroleum refineries located in the United States, Canada, and the United Kingdom.
