Valero

ONEflight Celebrates Brand Ambassador Akshay Bhatia’s Triumph at PGA Valero Texas Open, Secures Coveted Spot at the Masters

Retrieved on: 
Monday, April 8, 2024
Masters Tournament, Gulfstream G550, Perseverance, Valero, Valero Texas Open, Travel, Athlete, Master, Golf

DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- ONEflight International , a premier leader in private jet travel, is thrilled to announce the resounding victory of its brand ambassador , Akshay Bhatia , at the prestigious PGA Valero Texas Open.

Key Points: 
  • DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- ONEflight International , a premier leader in private jet travel, is thrilled to announce the resounding victory of its brand ambassador , Akshay Bhatia , at the prestigious PGA Valero Texas Open.
  • Bhatia's stellar performance not only clinched the title but also secured him a coveted spot at the upcoming Masters Tournament, marking a significant milestone in his burgeoning career.
  • Akshay Bhatia's triumph at the Valero Texas Open underscores his exceptional talent and dedication to the sport of golf.
  • As Akshay prepares to compete at the Masters, we stand alongside him, providing unparalleled support every step of the way."

Tag Appoints Language-Tech Pioneer Brock Hansen as Head of Localization

Retrieved on: 
Wednesday, April 3, 2024
Culture, Shell, CVS, Brock, DI, Language center, Valero, ExxonMobil, Tag, Judgement, Creativity, Transcreation, International business, Language, Economics, CAD, Localization

NEW YORK, April 3, 2024 /PRNewswire/ -- Tag, the global creative production and channel activation partner to brands worldwide, announces the appointment of Brock Hansen as the new Head of Localization for Tag Americas.

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- Tag, the global creative production and channel activation partner to brands worldwide, announces the appointment of Brock Hansen as the new Head of Localization for Tag Americas.
  • "We're extremely pleased Brock has joined Tag.
  • His deep understanding and expertise in translation, localization, and language technologies is an immense value to our clients," shares Toby Codrington , Tag Americas CEO.
  • With Brock at the helm, Tag is poised to lead the way in creating content to effectively communicate brands' messaging across all cultures and languages."

Veteran Texas Trial Lawyer William Moye Announces New Law Firm

Retrieved on: 
Thursday, February 8, 2024
Legal, Professional Services, Ford Motor Company, Transport, Lawyer, Valero, Shell, LLP

Accomplished Houston trial attorney William R. Moye announced today he is leaving Thompson, Coe, Cousins & Irons, LLP to launch a new firm.

Key Points: 
  • Accomplished Houston trial attorney William R. Moye announced today he is leaving Thompson, Coe, Cousins & Irons, LLP to launch a new firm.
  • Moye Law Firm, which will be based in Houston, will focus primarily on plaintiffs personal injury cases.
  • The change in firms and practice areas represents a significant departure for Mr. Moye, who is considered one of the country’s leading civil defense lawyers.
  • For 20 years, my work at Thompson Coe has allowed me to do just that, and I could not be more grateful,” said Mr. Moye.

Valero Energy Corporation Increases Regular Cash Dividend

Retrieved on: 
Thursday, January 18, 2024
Energy, Other Energy, Oil, Gas, Internet, Valero Energy, VLO, Valero, Person

The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $1.02 per share to $1.07 per share.

Key Points: 
  • The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $1.02 per share to $1.07 per share.
  • The dividend is payable on March 4, 2024 to holders of record at the close of business on February 1, 2024.
  • The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $4.28 per share.
  • As a reminder, Valero will host a conference call on January 25, 2024, at 10 a.m.

CIVITAS CAPITAL GROUP PROMOTES RYAN MONTEIRO TO CHIEF FINANCIAL OFFICER AND MANAGING DIRECTOR

Retrieved on: 
Wednesday, January 24, 2024
Asset management, Bachelor, Moses Austin, Civitas, PwC, Executive Committee, Associate, Monteiro, Bachelor of Business Administration, Business administration, EB-5, Valero, University, Accounting, Special, CPA, Investment management, Jahnke, AUM, Lead, Master of Business Administration, Growth, Management

DALLAS, Jan. 24, 2024 /PRNewswire/ -- Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that Ryan Monteiro has been promoted to Managing Director and Chief Financial Officer.

Key Points: 
  • DALLAS, Jan. 24, 2024 /PRNewswire/ -- Civitas Capital Group , a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that Ryan Monteiro has been promoted to Managing Director and Chief Financial Officer.
  • "During his five years with Civitas, Ryan played a critical role in solidifying the firm's financial foundation," added Civitas President and Chief Investment Officer Jonathan Kern, "and dramatically increasing the firm's liquidity – thereby positioning Civitas for its next growth phase.
  • "I'm excited to continue building a solid financial foundation at Civitas, one that supports our growth outlook in 2024 and beyond," Monteiro said.
  • Prior to joining Civitas, Mr. Monteiro was the Chief Financial Officer at Oaxaca Interests, a real estate development company and asset manager focused on urban core development.

Consumer Watchdog Calls Out Oil Refiners' Greed & Disinformation, Makes Case For Price Gouging Penalty Set At 70 Cents Per Gallon In Comments To CA Energy Commission

Retrieved on: 
Wednesday, December 13, 2023
Valero, California Energy Commission, Research, Tax, Multimedia, Public expenditure, CW, PBF, Court, CEC, Legislation, Gasoline, Consumer Watchdog, Oil, Propane

SACRAMENTO, Calif., Dec. 13, 2023 /PRNewswire/ -- Consumer Watchdog made a record of oil refiners' profiteering in California and disinformation campaign in official comments before the California Energy Commission as it determines a price gouging penalty on oil refiners.

Key Points: 
  • SACRAMENTO, Calif., Dec. 13, 2023 /PRNewswire/ -- Consumer Watchdog made a record of oil refiners' profiteering in California and disinformation campaign in official comments before the California Energy Commission as it determines a price gouging penalty on oil refiners.
  • Court noted memos from three big California oil refiners showing the companies shut down capacity to drive up price.
  • "The oil refiners in California have systematically shut down refiners and refineries as a way of maximizing their profits," Court concluded.
  • "The only recourse against big price spikes and big profit spikes is a maximum gross refining margin penalty that sets an upper limit on their greed."

Merrick Miranda Joins Total-Western as Director of Business Development

Retrieved on: 
Wednesday, November 29, 2023
Phillips 66, Valero, Business development, Engineering, University, Chemical engineering, Fluor Corporation, California Resources Corporation, Wind, PBF Energy, ARB, Marketing, Business, Strategy, Air Products, HR, Process engineering, Growth, Management

PARAMOUNT, Calif., Nov. 29, 2023 /PRNewswire/ -- Total-Western is pleased to announce that Merrick Miranda has joined the company as its new Director of Business Development.

Key Points: 
  • PARAMOUNT, Calif., Nov. 29, 2023 /PRNewswire/ -- Total-Western is pleased to announce that Merrick Miranda has joined the company as its new Director of Business Development.
  • "I'm excited to join Total-Western because it's a collaborative and nimble company that can adapt and grow with the constantly changing marketplace," said Mr. Miranda.
  • He will also focus on integrating business development and operations to align on opportunities and geographies to pursue and ensuring customer performance goals are achieved.
  • From there, he moved to ARB, Inc. as Director of Business Development and oversaw accounts for customers such as Chevron, Phillips 66, Valero, Marathon, PBF Energy, California Resources Corporation, and Air Products.

Valero Posts $2.6 Billion 3rd Q Profit On CA Gasoline Margins 70% Greater Than Other Regions; Shows Need For Expedited Price Gouging Penalty, Consumer Watchdog Says

Retrieved on: 
Thursday, October 26, 2023
Consumer Watchdog, Gasoline, Energy, Legislation, Chevron, Commission, California Energy Commission, Foot, Multimedia, Video game, Oil, Propane, Valero

Consumer Watchdog called for the California Energy Commission to expedite the process for setting a price gouging penalty under a new law passed this year, SBx1 2.

Key Points: 
  • Consumer Watchdog called for the California Energy Commission to expedite the process for setting a price gouging penalty under a new law passed this year, SBx1 2.
  • "It is time for the state to prevent refiners from using us as one big ATM."
  • Its refining sector reported third quarter operating income of $3.4 billion, down from $3.8 billion the year before.
  • Valero reported margins on Gulf Coast at 41 cents; at 49 cents for the U.S. Mid-Continent; and 48 cents for the North Atlantic.

ComdataSmartDESQ POS Solution Approved for Use on Valero Network

Retrieved on: 
Thursday, October 26, 2023
Sale, Merchant services, FLEETCOR, Certification, Valero, POS, Cryptocurrency, Payment card, Comdata

BRENTWOOD, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comdata, Inc., a FLEETCOR company and world leader in payment innovation, today announced all Valero network fuel distributors can now purchase and use Comdata’s industry-leading SmartDESQ point-of-sale (POS) solution.

Key Points: 
  • BRENTWOOD, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comdata, Inc., a FLEETCOR company and world leader in payment innovation, today announced all Valero network fuel distributors can now purchase and use Comdata’s industry-leading SmartDESQ point-of-sale (POS) solution.
  • Comdata has been working through a nearly two-year process with Valero to become one of five approved POS equipment providers.
  • “We are proud to add an additional point-of-sale certification to the Comdata Merchants portfolio,” said Matthew Miller, Vice President of Merchant Services, FLEETCOR.
  • For more information on Comdata’s CStore POS and payment solutions, visit comdatafuelsolutions.com .

Valero Energy Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Retail, Energy, Convenience Store, Oil, Gas, Diamond, DGD, Fuel oil, Ethanol, Table, Aviation biofuel, NYSE, VLO, SAF, Valero Energy, Holding company, Gasoline, Video game, Bank, Renewable energy, Valero

Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $2.6 billion, or $7.49 per share, for the third quarter of 2023, compared to $2.8 billion, or $7.19 per share, for the third quarter of 2022.

Key Points: 
  • Valero Energy Corporation (NYSE: VLO, “Valero”) today reported net income attributable to Valero stockholders of $2.6 billion, or $7.49 per share, for the third quarter of 2023, compared to $2.8 billion, or $7.19 per share, for the third quarter of 2022.
  • The Refining segment reported operating income of $3.4 billion for the third quarter of 2023, compared to $3.8 billion for the third quarter of 2022.
  • Operating income was lower than the third quarter of 2022 primarily due to lower renewable diesel margin in the third quarter of 2023.
  • General and administrative expenses were $250 million in the third quarter of 2023, compared to $214 million in the third quarter of 2022.