Valero Energy - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Valero Energy M&A Summary

Valero Energy has acquired 5 companies. A total of 2 acquisitions came from private equity firms. It has also divested 8 assets.

Valero Energy’s largest acquisition to date was in 2005, when it acquired Premcor for $8.0B. It’s largest disclosed sale occurred in 2007, when it sold Valero Energy - Lima Refinery to Husky Energy for $1.9B. Valero Energy has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include energy services and equipment (100%).

Valero Energy Business Overview

Where is Valero Energy headquartered?

Valero Energy is headquartered in San Antonio, Texas.

What is Valero Energy’s revenue?

Valero Energy disclosed revenue of 144,766M USD for 2023 and 176,383M USD for 2022.

How many employees does Valero Energy have?

Valero Energy has 9,886 employees.

What sector is Valero Energy in?

Valero Energy is an energy services and equipment company.

When was Valero Energy founded?

Valero Energy was founded in 1980.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity5
    • M&A Sell Activity8
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 1

Valero Energy

Valero Energy Corp.

One Valero Way,
San Antonio, Texas 78249
United States,
(210) 345-2000
www.valero.com

Valero Energy owns and operates petroleum refineries throughout the United States, Canada, and the United Kingdom. The Company's refineries produce conventional gasolines, premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel fuel, low-sulfur diesel fuel, ultra-low-sulfur diesel fuel, CARB diesel fuel, other distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. Valero markets branded and unbranded refined products on a wholesale basis in the U.S., Canada, the Caribbean, the U.K., and Ireland through an extensive bulk and rack marketing network and through approximately 7,400 outlets that carry our brand names. The Company also owns ethanol plants in the central plains region of the U.S. that primarily produce ethanol. Valero Energy was founded in 1980 and is based in San Antonio, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $15.0B $15.0B
Sell (0.0/yr) # 8 - - - - - 8
vol $3.8B $3.8B
  13

Most Recent M&A

Company Date Value Type
Valero Energy Partners LP 2018-10-18 950M USD Merger
San Antonio, Texas · www.valeroenergypartners.com
Pure Biofuels del Perú SAC 2018-05-14 - Add-on Acquisition
San Isidro, Peru · ww.purebiofuels.com
Parkway Pipeline LLC 2017-10-26 - Divestiture
Mandeville,, Louisiana
Port Arthur Terminal Assets 2017-10-26 - Divestiture
, United States
Valero Energy Corp. - Meraux and Three Rivers Terminal Services Business 2016-08-22 - Divestiture
San Antonio, Texas
McKee Terminal Services 2016-03-28 240M USD Divestiture
, United States
Valero Energy Corp. - Corpus Christi Terminal Services Business 2015-09-23 465M USD Divestiture
, United States
Valero Energy Corp. - Terminaling Businesses 2015-02-27 671M USD Divestiture
, United States
Valero Energy - Krotz Springs 2008-07-07 476M USD Divestiture
Dallas,, Texas
Valero Energy - Lima Refinery 2007-05-02 1.9B USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration - - 7 (88%) 3.5B (94%)
Energy Services and Equipment 5 (100%) 15.0B (100%) 1 (13%) 240M (6%)
Total 5 $15.0B 8 $3.8B

By Geo

State/Country Buy Value Sell Value
United States 4 15.0B 8 3.8B
  Texas 2 7.0B 2 476M
  Connecticut 1 8.0B - -
  California 1 78M - -
  Louisiana - - 1 -
Peru 1 - - -
Domestic 4 (80%) 15.0B (100%) 8 (100%) 3.8B (100%)
Cross-border 1 (20%) - - -
Total 5 $15.0B 8 $3.8B

Top M&A Advisors

Financial Deals
Morgan Stanley
1

Deal Values

buy # Total
> $1B 2 $14.0B
$100M to $1B 1 $950M
< $100M 1 $78M
TOTAL $15.0B
Largest Premcor, Inc.
$8.0B (2005-04-25)
sell # Total
> $1B 1 $1.9B
$100M to $1B 4 $1.9B
TOTAL $3.8B
Largest Valero Energy - Lima Refinery
$1.9B (2007-05-02)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
8 (100%)

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