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Valero Energy Corporation Case Study

2019, Abstract Proceeding, Volume 1, Issue 15, Reference ID: RBME-12-104, Institute for Social and Economics Research, Modern Trends in Marketing, Business Management, Social Sciences, Humanities, and Economics Conference—December 26-27, 2019, Rome, Italy

“Valero Energy Corporation Case Study”, Abstract Proceeding, Volume 1, Issue 15, Reference ID: RBME-12-104, Institute for Social and Economics Research, Modern Trends in Marketing, Business Management, Social Sciences, Humanities, and Economics Conference—December 26-27, 2019, Rome, Italy (With Mattern, R.J., Chan, Z.Y., Ondracek, J., and Bertsch, A.)

Valero Energy Corporation Case Study RETHA J. MATTERN*, ZHI YANG BRIAN CHAN*, JAMES ONDRACEK*, ANDY BERTSCH*, M. SAEED** Abstract Valero Energy Corporation Case Study is suitable for undergraduate and graduate business students to apply critical thinking, qualitative and quantitative analyses, and decision making. The case study features Valero Energy Corporation its quest for relevance and above average returns. Established in 1980, Valero Energy Corporation (Valero) is currently one of the biggest petroleum refiners in the oil and gas industry both in the United States and internationally. Headquartered in San Antonio, Texas, Valero owns 15 petroleum refineries and 14 ethanol plants. This case study underscores the challenges Valero Energy Corporation face in the midstream and downstream sector of the industry and emphasizes external factors such as weather and geopolitical influences. The prices of crude oil are stabilizing but uncertainty in the market and the slowdown of economic growth internationally will remain a challenge for Valero Energy Corporation in the short-term future. Companies in the oil and gas sector will continue to enforce capital discipline as a long-term strategy to prepare them for the economic uncertainty ahead and unsteady industry conditions. Valero’s strategic acquisitions and divestitures have helped the company through tough times in the past, but is Valero’s mix of assets appropriate today? Keywords: Case study, Strategic management, Valero energy corporation ----------------------------------------------*Minot State University, Minot, North Dakota **Universiti Tun Abdul Razak, Malaysia