Valero Energy Corp

Industry: Oil Gas

Fortune Rank: 26

VLO is engaged in the production, transportation and marketing of environmentally clean fuels and products. Products include reformulated gasoline, low-sulfur diesel and oxygenates. For the 6 months ended 6/30/05, revenues increased 33% to $32.99B. Net income applic. to Common increased 57% to $1.37B. Revenues reflect additional volume from refinery operations acquired. Earnings also reflect a lower effective income tax rate.

Valero Energy Corporation (Valero) owns and operates 15 refineries having a combined throughput capacity, including crude oil and other feedstocks, of approximately 2.5 million barrels per day. Valero produces environmentally clean refined products, such as reformulated gasoline (RFG), gasoline meeting the specifications of the California Air Resources Board (CARB), CARB diesel fuel, low-sulfur diesel fuel and oxygenates (liquid hydrocarbon compounds containing oxygen). It also produces conventional gasolines, distillates, jet fuel, asphalt and petrochemicals. Valero markets branded and unbranded refined products on a wholesale basis in the United States and Canada through a bulk and rack marketing network. It sells refined products through a network of more than 4,700 retail and wholesale branded outlets in the United States, Canada and Aruba. Valero's retail operations include approximately 1,500 company-operated sites that sell transportation fuels and convenience store merchandise.

Valero Energy Corp

Valero Energy Corp achieved revenue of $70,035.00 million in 2010 but posted a loss of $-1,982.00 million.

Valero Energy Corp's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 10th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $118,298 million (a change of -48 million compared to 2010) and profits of $-1,131 million (a change of 0 million compared to 2010).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Valero Energy Corp would be ranked 483rd rather than 26th due to the fact it made a loss of $-1,982 million in 2010.

Valero Energy Corp Revenue* Profit* Fortune Ranking

* US$ Million

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