M&A Deal Summary |
|
|---|---|
| Date | 2015-02-27 |
| Target | Valero Energy - Terminaling Businesses |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Valero Energy Partners |
| Sellers(s) | Valero Energy |
| Deal Type | Divestiture |
| Deal Value | 671M USD |
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| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Energy Services and Equipment |
Valero Energy Partners LP is a fee-based master limited partnership formed by Valero Energy Corporation to own, operate, develop and acquire crude oil and refined products pipelines, terminals, and other transportation and logistics assets.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector (Oil/Gas Exploration) | 4 of 8 |
| Type (Divestiture) | 1 of 6 |
| Country (United States) | 4 of 9 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-17 |
The McKee Crude System
Sunray, Texas, United States The McKee Crude System, located in Sunray, Texas, which has 72,000 barrels per day of throughput capacity and supplies approximately 40 percent of the crude oil processed at Valero's McKee refinery. The system consists of more than 200 miles of pipelines, 20 crude oil truck unloading sites with lease automatic custody transfer units, and approximately 240,000 barrels of storage capacity. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-23 |
Valero Energy - Corpus Christi Terminal Services Business
United States Valero Energy Corp. - Corpus Christi Terminal Services Business includes two terminals that support Valero's Corpus Christi East and West refineries. The assets consist of 134 tanks with 10.1 million barrels of storage capacity for crude oil, intermediates, and refined petroleum products. |
Buy | $465M |
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Energy Services and Equipment |
| Employees | 9,886 |
| Revenue | 144.8B USD (2023) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector (Oil/Gas Exploration) | 3 of 7 |
| Type (Divestiture) | 3 of 8 |
| Country (United States) | 3 of 8 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-07 |
Valero Energy - Krotz Springs
Dallas,, Texas, United States Valero Energy - Krotz Springs, a high conversion crude oil refinery in Krotz Springs. |
Sell | $476M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-23 |
Valero Energy - Corpus Christi Terminal Services Business
United States Valero Energy Corp. - Corpus Christi Terminal Services Business includes two terminals that support Valero's Corpus Christi East and West refineries. The assets consist of 134 tanks with 10.1 million barrels of storage capacity for crude oil, intermediates, and refined petroleum products. |
Sell | $465M |
