BNET Industries
Last Fiscal Year Sales:$1.4B
- Private
- US
Dow Jones Description
On the direct route to petroleum is where Valero wants to be. Founded in 1999 and headquartered in San Antonio, TX, Valero, L.P. transports crude and refined oil. The company operates in four segments: Refined Product Terminals, Refined Product Pipelines, Crude Oil Pipelines, and Crude Oil Storage Tanks. It operates a network of about 8,400 miles of refined oil pipelines and almost 800 miles of crude oil pipelines. It offers storage and handling facilities for oil and chemicals, and delivers crude to refineries. It is a subsidiary of Valero Energy. The company has annual revenue of about $660 million and employs about 2,500 people. In 2005, it acquired Kaneb Services LLC And Kaneb Pipe Line Partners, L.P.
President & CEO
Curtis V. AnastasioNumber of Employees 1,340
Peer Companies
NAICS Code Petroleum Refineries: 324110
News & Analysis
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frontier and valero l.p. - All News and Analysis
Sweet and Sour Q3 Profits for Refiners.
Although independent refiners saw strong earnings in the third quarter on continued high margins, performance was not as rosy as the second quarter of this year. A host of issues, including maintenance, sharply rising crude prices and poor hedging activities, chipped away at what could have been an even more...
Hot Summer Margins Heat Up Refinery Margins.
What a difference a year makes. After drowning in red ink in the third quarter of 2002 because of a virtually non- existent summer driving season, US refiners posted monster profits in the same period this year on the back of a surging gasoline market. Six leading US...
Refiners Find Respite in Q4 Margin Rebound.
US independent refiners got some much-needed respite in the fourth quarter after hemorrhaging on low margins for most of last year. Six top independent refiners -- Valero, Sunoco, Ashland, Premcor, Tesoro, and Frontier -- reported combined fourth- quarter earnings excluding special items of $180 million, up from $59...
Refiners Look Forward to Better Days
Refiners Look Forward to Better Days The third quarter was one that US independent refiners would like to forget. High crude oil prices, robust product inventories, and slow demand crippled refining margins and made last quarter a nightmare for downstream companies. Six...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Curtis V. Anastasio | President & CEO |
| Steven A. Blank | CFO & Senior Vice President |
| James Bluntzer | Vice President, Operations |
| Jerry McVicker | Vice President, Business Development |
| Mary F. Morgan | Vice President, Business Development |
| Rodney Reese | Vice President, Engineering, Technical Services |
| Thomas R. Shoaf | Vice President & Controller |
| Richard Kellaway | Managing Director, Uk & Amsterdam |
| Tommy Stuchell | Director, Northeast Region |
| Bradley C. Barron | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William E. Greehey | Chairman |
| Dan J. Hill | Board of Directors |
| Stan McLelland | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | President & CEO | Current |
| Valero, L.P. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | CFO & Senior Vice President | Current |
| Valero, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Engineering, Technical Services | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Managing Director, Uk & Amsterdam | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Director, Northeast Region | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Valero Marketing & Supply Company | Chairman & CEO | Current |
| Valero Refining Company | Chairman & CEO | Current |
| Valero, L.P. | Chairman | Current |
| Valero Energy Corporation | Chairman | Former |
| Valero Energy Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Board of Directors | Current |
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