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37 - Valero Energy

Vehicles pass a Valero Energy Corp. gas station in Washington, D.C., U.S., on Monday, Jan. 26, 2015. Valero Energy Corp. is expected to report fourth-quarter earnings figures on Jan. 29. Photographer: Andrew Harrer/Bloomberg via Getty Images Andrew Harrer — Bloomberg via Getty Images

The largest independent refiner in the U.S. operates more than a dozen refineries around the world, capable of running through more than three million barrels of oil per day. Profits and revenue have softened in recent years, however, particularly as Valero can no longer cash in on a surplus of oil in the U.S. Oil isn’t its only business, though: Valero also holds renewable assets and is one of the largest producers of ethanol, making well over a billion gallons of the fuel per year.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$70166
Revenue Percent Change-14.2%
Profits ($M)$2,289.0
Profits Percent Change-42.6%
Assets ($M)$46173
Market Value — as of March 31, 2017 ($M)$29,746
Employees9,996
Previous Rank32

Company Facts

Employees9,996
SectorEnergy
IndustryPetroleum Refining
HQ LocationSan Antonio, TX
CEOJoseph W. Gorder
CEO Title-
Websitewww.valero.com
Years on Fortune 500 List19

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