Valero Energy Corporation operates in the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Valero Energy with three other
companies in this sector in UNITED STATES :
Petroleo Brasileiro SA Petrobras
(2020
sales of $52.32 billion
of which 89%
was Retail),
Marathon Petroleum Corp
($69.90 billion
of which 95%
was Refining & Marketing), and
Phillips 66
($64.13 billion
of which 67%
was Marketing and Specialties).
Sales Analysis.
Valero Energy reported sales of $64.91 billion
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 40.1%
versus 2019, when the company's sales were $108.32 billion.
Contributing to the drop in overall sales was the 41.4% decline
in Refining, from $103.75 billion to $60.84 billion.
There were also decreases in sales in
Ethanol (down 16.3% to $3.02 billion)
.
However, these declines were partially offset by the increase in sales of
Renewable Diesel (up 8.8% to $1.06 billion)
.