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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uds and valero l.p. - All News and Analysis
S&P, FITCH ADJUST THEIR ASSESSMENTS OF VALERO, UDS FOLLOWING MERGER
- 2002-01-07
As Valero Energy Corp. (NYSE: VLO) completed its $6 billion purchase of Ultramar Diamond Shamrock Corp. (NYSE: UDS), Standard and Poor's Corp. affirmed various ratings of UDS obligations (A2 commercial paper, Triple B senior unsecured debt and Double B-Plus preferred stock) and withdrew its assessment of the San Antonio independent...
Fitch Lwrs Ultramar Diamond Shamrock's Rtgs; Affs Valero Energy
- 2001-12-28
Business/Energy Editors CHICAGO--BUSINESS WIRE--Dec. 28, 2001 Fitch has lowered the senior unsecured debt rating of Ultramar Diamond Shamrock Corporation UDS to 'BBB-' from 'BBB' in anticipation of the company's acquisition by Valero Energy Corporation, targeted to close on Dec. 31, 2001. Fitch has also downgraded the company's trust...
Valero Shareholders Approve Acquisition of Ultramar Diamond Shamrock
- 2001-09-27
Business Editors & Energy Writers SAN ANTONIO--BUSINESS WIRE--Sept. 27, 2001 During a special meeting held here today, Valero Energy Corporation (NYSE:VLO) shareholders voted to approve the proposed merger by which Valero is to acquire Ultramar Diamond Shamrock (NYSE:UDS). Valero shareholders voted a significant majority of the shares...
San Antonio's Two Biggest Oil Firms Expect Record Profits to Fall.
- 2001-07-25
By Bill Day, San Antonio Express-News Knight Ridder/Tribune Business News Jul. 25--San Antonio's two biggest oil-refining companies reported Tuesday what will likely be their last record-setting quarters, at least for a while. For one thing, Ultramar Diamond Shamrock and...
Fitch Plcs UDS On Rtg Watch Neg; Valero Acquisition Announcement
- 2001-05-07
Business Editors CHICAGO--BUSINESS WIRE--May 7, 2001 Fitch has placed Ultramar Diamond Shamrock Corporation ("UDS") on Rating Watch Negative following the announced acquisition of UDS by Valero Energy Corporation ("Valero"). Fitch rates the UDS senior unsecured debt at 'BBB' and the company's trust originated preferred securities 'BBB-'. Fitch...
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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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Glass Door
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| Company | Employer Rating |
| Chevron |  |
| ConocoPhillips |  |
| Exxon | |
| Occidental Petroleum | |
| Schlumberger | |
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