Valero Sees Bright Spot in Refining, Gears Up for Unit Additions, Upgrades in 2019

SUGAR LAND--February 4, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) tempered expectations for its year-end earnings report, given the recent slide in crude oil prices. But stronger-than-expected results, plus a solid performance from its refining business, has given the company a rosy view of 2019. Industrial Info is tracking about $4.7 billion in active projects involving Valero, including $3.2 billion worth in the Petroleum Refining Industry.

Within this article: Details on some of Valero's top-valued U.S. projects, including refinery additions and ethanol-related construction.

Other companies featured: Magellan Midstream Partners LP (NYSE:MMP)