Who's Behind Valero Energy Corporation? Discover The Ownership

Who owns Valero Energy Corporation? Valero Energy Corporation is owned by a group of investors, including institutional investors, mutual funds, and individual shareholders. The company's largest shareholder is The Vanguard Group, Inc., which owns approximately 8.5% of the company's outstanding shares.

Valero Energy Corporation is a Fortune 500 company and one of the largest independent refiners in the United States. The company operates 15 refineries in the United States, Canada, and the United Kingdom, and has a combined refining capacity of approximately 3.1 million barrels per day. Valero also operates a network of approximately 7,500 retail and branded wholesale outlets in the United States, Canada, and the Caribbean.

The company was founded in 1980 by Bill Greehey and has been headquartered in San Antonio, Texas since 1989. Valero Energy Corporation is a major supplier of gasoline, diesel fuel, and other refined products to the United States and international markets.

The following table provides personal details and a brief biography of Bill Greehey, the founder of Valero Energy Corporation:

Valero Energy Corporation is a major player in the global energy market and is committed to providing its customers with high-quality products and services.

Who Owns Valero Energy Corporation

Valero Energy Corporation is owned by a diverse group of investors, including institutional investors, mutual funds, and individual shareholders. Here are eight key aspects related to the ownership of Valero Energy Corporation:

• Shareholders: Valero Energy Corporation is a publicly traded company, and its shares are owned by a variety of investors, including individuals, institutions, and mutual funds.
• Vanguard Group: The Vanguard Group, Inc. is the largest shareholder of Valero Energy Corporation, with an ownership stake of approximately 8.5%.
• Institutional Investors: Institutional investors, such as pension funds and insurance companies, own a significant portion of Valero Energy Corporation's shares.
• Mutual Funds: Mutual funds, which pool money from individual investors, also own a significant number of Valero Energy Corporation's shares.
• Individual Shareholders: Individual investors, including both large and small investors, own a portion of Valero Energy Corporation's shares.
• Board of Directors: Valero Energy Corporation's Board of Directors is responsible for overseeing the company's management and operations, including its ownership structure.
• Employees: Valero Energy Corporation's employees own a small percentage of the company's shares through employee stock ownership plans.
• Public Ownership: As a publicly traded company, Valero Energy Corporation is owned by the public, with its shares traded on the New York Stock Exchange.

These eight key aspects provide a comprehensive overview of the ownership of Valero Energy Corporation. The company's ownership structure is complex and diverse, with a variety of investors holding stakes in the company. This ownership structure allows Valero Energy Corporation to raise capital from a variety of sources and to distribute its profits to a wide range of shareholders.

FAQs on "Who Owns Valero Energy Corporation"

This section provides answers to frequently asked questions (FAQs) related to the ownership of Valero Energy Corporation. These FAQs are designed to provide a comprehensive understanding of the company's ownership structure and related matters.

Question 1: Who are the major shareholders of Valero Energy Corporation?

The major shareholders of Valero Energy Corporation include The Vanguard Group, Inc., which holds approximately 8.5% of the company's outstanding shares. Other major shareholders include institutional investors, such as pension funds and insurance companies, as well as mutual funds and individual investors.

Question 2: Is Valero Energy Corporation a publicly traded company?

Yes, Valero Energy Corporation is a publicly traded company, and its shares are listed on the New York Stock Exchange under the ticker symbol "VLO."

Question 3: Who founded Valero Energy Corporation?

Valero Energy Corporation was founded by Bill Greehey in 1980. Greehey served as the company's CEO until 2016.

Question 4: Where is Valero Energy Corporation headquartered?

Valero Energy Corporation is headquartered in San Antonio, Texas.

Question 5: What is the annual revenue of Valero Energy Corporation?

Valero Energy Corporation's annual revenue for the fiscal year 2022 was approximately $140 billion.

These FAQs provide a concise overview of the ownership structure and other key aspects of Valero Energy Corporation. For more information, please refer to the company's website or other publicly available sources.

Summary: Valero Energy Corporation is a publicly traded company with a diverse group of shareholders, including institutional investors, mutual funds, and individual investors. The company was founded by Bill Greehey in 1980 and is headquartered in San Antonio, Texas.

Transition to the next article section: This concludes the FAQs on "Who Owns Valero Energy Corporation." The next section will provide further insights into the company's operations, financial performance, and industry outlook.

Conclusion

In conclusion, the ownership of Valero Energy Corporation is diverse and complex, with a variety of investors holding stakes in the company. Major shareholders include The Vanguard Group, Inc., institutional investors, mutual funds, and individual investors. The company's ownership structure allows it to raise capital from a variety of sources and to distribute its profits to a wide range of shareholders.

Valero Energy Corporation is a major player in the global energy market and is committed to providing its customers with high-quality products and services. The company's strong financial performance and commitment to sustainability make it a valuable investment for shareholders and a key player in the energy industry.