
With a market cap of $53.6 billion, Valero Energy Corporation (VLO) is one of the world’s largest independent petroleum refiners and a major producer of renewable fuels. Headquartered in San Antonio, Texas, the company operates an extensive network of refineries across the United States, Canada, and the U.K., with significant capacity to process crude oil into transportation fuels, petrochemicals, and other refined products.
Shares of the energy giant have outshone the broader market over the past 52 weeks. VLO stock has surged 31.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14%. Moreover, shares of the company are up 46.2% on a YTD basis, compared to SPX's 16.2% gain.