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Valero Energy (LTS:0LK6) 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 (LTS:0LK6) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valero Energy Corp (LTS:0LK6) » Definitions » Deferred Policy Acquisition Costs
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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 United States, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 1.2 billion gallons per year of renewable diesel.