![]() ![]() The prior CEO was Bill Klesse, a 45-year veteran of the company who had led it for eight years.īefore becoming CEO, Gorder served as Valero’s president and chief operating officer. At that time, he had been with the company for 27 years, according to news reports. Joe Gorder took the helm of Valero as its chairman and CEO in 2014, when he was 56 years old. MUST CREDIT: Bloomberg photo by Bing Guan Bing Guan, Bloomberg / Bloomberg Who is the CEO of Valero? Wilmington Refinery in Wilmington, Calif., on April 21, 2021. As of Wednesday, its share price was $87.14, with a market capitalization of nearly $35.7 billion, according to Yahoo Finance.ĭistillation towers and aboveground petroleum storage tanks at the Valero Energy Corp. Valero has been a publicly-held company since 1997, so it is owned by its shareholders. Securities and Exchange Commission, filed last month, it refines crude oil from West and South Texas at its refineries in Corpus Christi. According to its annual report to the U.S. ![]() It is unclear how much domestic oil the company processes. Of course, this doesn’t include the oil that Valero refines that was extracted in the U.S. Guyana: 3.9 million barrels, or 3.2 percent Russia: 15.6 million barrels, or 12.7 percentīrazil: 8.9 million barrels, or 7.2 percentĬanada: 5.7 million barrels, or 4.6 percentĮcuador: 5.5 million barrels, or 4.5 percent Iraq: 19.5 million barrels, or 15.9 percent Mexico: 57.4 million barrels, or 46.7 percent of the import total Here is a list of the largest importers for Valero: Russia was the company’s third-biggest importer, after Mexico and Iraq. Last year, Valero imported nearly 122.9 million barrels of crude oil, according to the U.S. With the ban on Russian oil in the news, here are the answers to five questions from Express-News readers about Valero: Where does Valero’s oil - from which it makes gas and other fuels - come from? ![]()
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