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Topic: Valero Energy Corp


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In the News (Mon 28 Dec 09)

  
  Work at Valero
That pride contributes to the fact that employees at Valero are happy and like working for Valero.
Furthermore, Valero’s mission statement emphasizes that employees are our number-one asset.
Employees at Valero appreciate challenging responsibilities, the best benefits in the industry, a diverse working environment, and many opportunities to give back to their communities.
www.valero.com /Work   (115 words)

  
  Valero - Wikipedia, the free encyclopedia
Valero Energy Corporation (NYSE: VLO) is based in San Antonio, Texas and is one of the leading U.S. refining companies.
Valero is gradually shifting its focus from being a discount gasoline brand to becoming a premium brand.
Valero was created on January 1, 1980, as a spinoff from the Coastal States Gas Corporation.
en.wikipedia.org /wiki/Valero   (612 words)

  
 MSN Money - VLO Key Developments: Investing
Valero Energy Corp. announced that it now expects earnings for the third quarter of 2004 in the range of $2.50 per share, which would be a new record for the third quarter, though somewhat lower than it had originally anticipated for the third quarter.
Valero Energy Corp. announced that, as a result of stronger than expected retail and wholesale margins during the month of September, it expects earnings for the third quarter of 2003 to be in the range of $1.45 per share.
Valero Energy Corp. announced that as a result of stronger than expected operating results in November, the Company expects earnings for the fourth quarter of 2002 to be in the range of $0.75 per share, based on actual results quarter-to-date and current forward curve prices for the remainder of December.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=VLO   (4237 words)

  
 Globeinvestor.com: Fitch Revises Valero Energy Corp.'s Rating Outlook to Positive
Valero has been achieving the full benefits of its sizable, complex operating base of 15 geographically diversified refineries, as well as its integration into the retail sector.
Valero's total adjusted debt was nearly $7.7 billion at Sept. 30, 2004, including balance sheet debt of $4.6 billion.
Like other refiners, Valero is burdened with the major capital program to upgrade its facilities to meet the Tier II low sulfur gasoline and distillate regulations.
www.globeinvestor.com /servlet/ArticleNews/print/BWIRE/20050112/20050112005479   (640 words)

  
 Corpus Christi Caller Times Caller.com - Valero Energy is to buy Ultra Diamond Shamrock
Workers at Valero Energy and Ultramar Diamond Shamrock's local plants arrived on their jobs Monday to learn that they soon would be employed by the nation's second-largest refiner of petroleum.
Valero also would gain UDS's 4,600-mile pipeline network, including a line from the Port of Corpus Christi to the Three Rivers refinery.
Valero will pay 1.228 shares of Valero common stock for each of about half of the outstanding shares of UDS, and $55 in cash per share for the remaining shares of UDS common stock.
www.corpuschristionline.com /2001/may/08/today/localnew/25553.html   (779 words)

  
 SurfWax: Company News and Articles On Valero Energy Corporation
Valero Energy Corporation, one of the nation's major refiners, announced it would be cutting back its refining capacity because of the MBTE issue.
Valero announced last week that when the state of New York banned the additive last year, the cost difference between conventional gas and the reformulated fuel was only 2 cents, but now it's 11 cents.
In a statement released by Bill Greehey, CEO of Valero Energy Corporation, he said, "We struggled with this initiative because we are confident we met the requirements of the Clean Air Act and because the vast majority ofthe EPA's concerns involved alleged permitting issues that occurred at the refineries before Valero even...
www.inqit.com /files/Valero_Energy_Corp.html   (699 words)

  
 Valero Energy Corporation :: Valero to Convert Diamond Shamrock Network to Valero Brand, Giving Company a National ...
Valero's acquisition of Ultramar Diamond Shamrock Corp. (UDS) in December 2001 expanded its retail and branded wholesale network significantly, as did the company's wholesale expansion on the East Coast, bringing the total number of sites to approximately 4,700.
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 20,000 employees and annual revenue of approximately $55 billion.
Valero is also one of the nation's largest retail operators with more than 4,700 retail and wholesale branded outlets in the United States, Canada and the Caribbean under various brand names including Diamond Shamrock, Shamrock, Ultramar, Valero, and Beacon.
sev.prnewswire.com /oil-energy/20050630/NYTH04930062005-1.html   (1124 words)

  
 Valero agrees to buy Premcor in $6.9 billion deal - Apr. 25, 2005
Valero said 2005 "is shaping up to be another year of record earnings" and said "we believe that our trend of record-setting quarterly results will continue into 2006 and beyond," reiterating statements from last week.
Valero said it will finance the cash part of the acquisition with a combination of cash on hand and bank debt.
Valero predicts the merger will lead to $350 million in annual cost-savings in the second year after closing, including lower administrative and interest costs, lower crude oil costs due to purchasing leverage and operational improvements.
money.cnn.com /2005/04/25/news/fortune500/valero_merger.dj/index.htm   (515 words)

  
 Valero Energy Corp. Investor Relations
Valero is a Fortune 500 company based in San Antonio, with approximately 3,100 employees and 2000 revenues of nearly $15 billion.
Valero is recognized throughout the industry as a leader in the production of premium, environmentally clean products such as reformulated gasoline, CARB Phase II gasoline, low-sulfur diesel and oxygenates.
Valero and UDS, and their respective directors, executive officers and certain other of their respective employees, may be soliciting proxies from their respective stockholders in favor of the approval of the merger.
www.corporate-ir.net /ireye/ir_site.zhtml?ticker=VLO&script=410&layout=9&item_id=173100   (1808 words)

  
 Valero, Premcor merge amid profit - The Washington Times: Business - April 26, 2005   (Site not responding. Last check: 2007-10-11)
Valero hopes to complete the cash and stock deal by Dec. 31, but it faces regulatory hurdles because both Valero and Premcor operate large refineries in the Northeast.
Valero, whose first-quarter earnings more than doubled from a year earlier, said the deal would be good for itself and also help consumers because the company would increase the capacity of the Premcor refineries.
The Valero deal is the latest in a long run of mergers and takeovers in the industry and reflects growing optimism that refiners, once considered a low-profit business, will be helped for several years by strong energy demand.
www.washingtontimes.com /business/20050425-093835-5120r.htm   (522 words)

  
 The Best Oil Stock You Don't Own The Motley Fool Take on Thursday, September 9, 2004 By Bob Bobala, Robert Brokamp, Sam ...   (Site not responding. Last check: 2007-10-11)
Valero is a deep value investor that purchases refineries at well below replacement cost, then rehabs them to new condition.
Valero's gross margin through the second quarter 2004 was 13.3% on $25 million in sales, versus 11.5% on $18 million in sales last year.
Translation: Valero is making a lot more money this year than last year, with EPS for the first six months up 147% over the same period last year at $6.41.
articles.fool.com /coms2/summary_0268-take040909_ITM   (1951 words)

  
 IBD Stock Checkup
Valero Energy Corp receives an overall rating of A+, which is in the 99th percentile of all stocks in the Investor's Business Daily database.
Valero Energy Corp receives a Fundamental Rating of 98, which places it 1st out of 25 stocks in the Oil&Gas-Refining/Mktg group.
Valero Energy Corp receives an Attractiveness Rating of 87, placing it 4th out of 25 stocks in its group.
www.investors.com /yahoofinance/YahooCheckup.asp?t=vlo   (567 words)

  
 Valero Energy Plans to Acquire Premcor (phillyBurbs.com)
SAN ANTONIO - Valero Energy Corp. plans to acquire Premcor Inc. for $6.9 billion in cash and stock as part of a deal that would create the largest refiner of crude oil in North America, company officials announced Monday.
Valero also will assume about $1.8 billion in Premcor debt and will add four refineries and 790,000 barrels per day to its system.
With the proposed acquisition, Valero will have total assets of $25 billion and annual revenues of nearly $70 billion, which would rank it No. 15 on the current listing of the Fortune 500.
www.phillyburbs.com /pb-dyn/news/24-04252005-480582.html   (419 words)

  
 Valero LP News
Valero Energy CEO Bill Greehey said Wednesday that analysts' earnings estimates for the nation's largest independent refiner are not high enough.
Valero LP's new Dos Laredos propane terminal in Nuevo Laredo, Mexico, started up on June 1 and is operating according to plan, CEO Curt Anastasio said.
Valero Energy Corp. remains the only energy company to make FORTUNE magazine"s list of "100 Best Companies to Work for in America." The list of top companies will be included in the Jan 12 edition of...
www.topix.net /com/vli   (932 words)

  
 Valero Energy Corp koopt raffinaderij :: Aruba Station.com :: Arubaanse Community op internet   (Site not responding. Last check: 2007-10-11)
Na de overname van de raffinaderij zal Valero de naam van de raffinaderij veranderen in Valero Aruba Refinery en alle bedrijfsfaciliteiten van deze nieuwe naam voorzien.
Valero’s raffinaderijen in Amerika en Canada hebben een gecombineerde levercapaciteit van meer dan twee miljoen vaten per dag; dat komt neer op o­ngeveer tien procent van Amerika’s totale raffineercapaciteit.
Valero is ook één van Amerika’s grootste detailhandelbedrijven.
www.aruba4ever.com /Article2951.phtml   (568 words)

  
 Valero buying Ultramar Diamond for $4B - May 7, 2001
Valero will pay stock for half the shares and cash for the other half.
The stock will be exchanged at a ratio of 1.228 shares of Valero for each UDS share, while those opting for cash will receive $55 a share.
Valero CEO Bill Greehey told CNNfn's Before Hours that while some employees will be offered voluntary early retirement packages, no layoffs are anticipated.
money.cnn.com /2001/05/07/deals/valero   (725 words)

  
 CB&I : Valero Energy Corp. Awards Major Clean Fuels Contract To CB&I
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 20,000 employees and expected annual revenues of around $50 billion.
Valero's refineries have a combined throughput capacity of approximately 2.4 million barrels per day, which represents approximately 12 percent of the total U.S. refining capacity.
Valero is also one of the nation's largest retail operators with more than 4,500 retail outlets in the United States, Canada and the Caribbean under various brand names including Diamond Shamrock, Shamrock, Ultramar, Valero, and Beacon.
www.cbiepc.com /ir/release.aspx?releaseid=143761   (327 words)

  
 Valero Energy Corp. :: Valero To Convert Diamond Shamrock Network To Valero Brand, Giving Company a National Presence
On the eve of one of the busiest driving holidays of the year, Valero Energy Corp. announced that motorists soon will be seeing its distinctive teal-and-yellow Valero signs pop up at retail and branded wholesale stations across the country.
Valero will spend an incremental $70 million over the next two years to re-image its stations in the Mid-Continent area, as its East and West Coast locations already feature the Valero brand.
Valero is poised to become North America's largest refiner when it completes its acquisition of Premcor Inc. later this year.
sev.prnewswire.com /oil-energy/20050630/NYTH09330062005-1.html   (317 words)

  
 Valero Energy Corp. Investor Relations   (Site not responding. Last check: 2007-10-11)
Valero acquired all of these West Coast assets for $895 million (not including the cost of inventories and working capital).
Valero's funding for the acquisition includes a combination of bank debt, structured lease financing, and publicly placed debt securities and equity.
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with more than 3,000 employees and 1999 revenues of approximately $8 billion.
www.corporate-ir.net /ireye/ir_site.zhtml?ticker=VLO&script=410&layout=9&item_id=108818   (334 words)

  
 Valero Energy Corp Company Profile   (Site not responding. Last check: 2007-10-11)
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 20,000 employees and annual revenues of more than $30 billion.
Valero's refineries have a combined throughput capacity of over two million barrels per day, which represents approximately 10 percent of the total U.S. refining capacity.
Valero is also one of the nation's largest retail operators with approximately 4,000 retail outlets in the United States and Canada under various brand names including Diamond Shamrock, Ultramar, Valero, Beacon and Total.
www.lead411.com /fortunecompany.taf?_function=detail&Company_uid1=12294&_UserReference=782D1E84D0BC650F4243DC55   (99 words)

  
 Valero Energy Corporation - Fact Sheet - Hoover's
Valero will acquire Premcor for a reported $8 billion.
Valero Energy Corp. (VLO) Chairman and CEO William Greehey (4:59)
There are 20 competitors for Valero Energy; see more.
www.hoovers.com /free/co/factsheet.xhtml?ID=11574&mode=print   (437 words)

  
 PR Newswire: Valero Energy Corp. to Acquire Ultramar Diamond Shamrock Corp.@ HighBeam Research   (Site not responding. Last check: 2007-10-11)
Valero Energy Corp. to Acquire Ultramar Diamond Shamrock Corp.
Valero Energy Corp. (NYSE: VLO) and Ultramar Diamond Shamrock Corp. (NYSE: UDS) jointly announce that the companies have reached an agreement for Valero to acquire UDS, which will make Valero the second-largest United States refiner of petroleum products.
Valero will also be one of the nation's...
www.highbeam.com /library/doc0.asp?docid=1G1:74204342&refid=ink_tptd_np   (182 words)

  
 January > Bank of America Expands Partnership With Valero Energy Corp. | NACS Online
CHARLOTTE, NC -- Bank of America and Valero Energy Corporation announced that they have expanded their partnership, creating one of the single largest ATM contracts in U.S. banking history.
By the end of the first quarter 2003, Bank of America will have installed its enhanced ATM software on more than 1,100 of Valero Energy Corp.-owned ATMs, which are located in the company's retail stores.
The Valero relationship further validates this commitment," said Thomas Korzik, ATM executive for Bank of America.
www.nacsonline.com /NACS/News/Daily_News_Archives/January2003/nd0128031.htm   (325 words)

  
 Valero LP to acquire pipeline, storage center
Feb 1, 2002 12:00 PM Valero LP has approved the purchase from Valero Energy Corp of a 270-mile crude oil pipeline and related storage facility.
Valero LP will pay $64 million for the pipeline and storage tanks.
Valero LP also declared a cash distribution of $0.60 per common and subordinated partnership unit for the fourth quarter ended Dec 31, 2001.
bulktransporter.com /mag/transportation_valero_lp_acquire/index.html   (153 words)

  
 Valero Energy News   (Site not responding. Last check: 2007-10-11)
When Valero Energy Corp. CEO Bill Greehey graduated from college, his father asked him what he was making.
Valero Energy Corp. plans to acquire Premcor Inc. for $6.9 billion in cash and stock as part of a deal that would create the largest refiner of crude oil in North America, company officials announced Monday.
Energy giant Total S.A.'s subsidiary said it was pumping oil and gas again Thursday, ending a six-day shutdown over fears that a threatened oil union strike could bring violence.
www.topix.net /com/vlo   (1285 words)

  
 RIGZONE - Valero Energy Declares Dividend
The Board of Directors of Valero Energy Corporation (NYSE:VLO) has declared a regular quarterly cash dividend on the company's common stock of $0.15 per share.
The Valero Board of Directors has also declared a regular quarterly cash dividend on the company's 2 percent Mandatory Convertible Preferred Stock of $0.125 per share.
Valero Energy Corporation is scheduled to announce its second quarter earnings the afternoon of Thursday, July 29, 2004.
www.rigzone.com /news/article.asp?a_id=14737   (141 words)

  
 BMY - BloggingStocks
Valero Energy (NYSE: VLO) saw heavy volume on the August 75 calls (ZPYHO) with over 34,000 options trading.
American Technology added LSI Corp (NYSE: LSI) to their Focus List as they believe investors are discounting a lot of negative assumptions at the current valuation.
Ciena Corp (NASDAQ: CIEN) was upgraded to Overweight from Market Weight at Thomas Wiesel, citing accelerated strength growth specific opportunities and improving sector fundamentals.
bmy.bloggingstocks.com   (4837 words)

  
 Valero Energy "peer perform" | newratings.com
Valero Energy quote - chart - all headlines - analyst actions
NEW YORK, April 30 (newratings.com) - Analyst Frederick P Leuffer of Bear Stearns maintains his "peer perform" rating on Valero Energy Corp (VLO.NYS).
Bear Stearns does not agree with Valero Energy’s optimistic outlook on the refining margins in 2004.
www.newratings.com /analyst_news/article_416282.html   (213 words)

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