San Antonio, Texas-based Valero Energy Corporation (VLO) is an international manufacturer and marketer of transportation fuels and petrochemical products. Valued at $48.7 billion by market cap, Valero employs nearly 10,000 people and operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2+ million barrels per day.
Companies worth $10 billion or more are generally described as “large-cap stocks.” VLO fits this bill perfectly. Given the company’s extensive operations and dominance in the oil & gas refining & marketing industry, its valuation above this mark is unsurprising.
