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Valero Energy (MEX:VLO) Deferred Policy Acquisition Costs


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What is Valero Energy Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Valero Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valero Energy Corp (MEX:VLO) » Definitions » Deferred Policy Acquisition Costs
Address
One Valero Way, San Antonio, TX, USA, 78249
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which can produce 1.2 billion gallons per year of renewable diesel.