Valero Energy (FRA:V1L) Net Developed Acreage # : 0.00 (As of . 20)

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What is Valero Energy Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Valero Energy's Net Developed Acreage # or its related term are showing as below:

FRA:V1L's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Valero Energy Net Developed Acreage # Historical Data

The historical data trend for Valero Energy's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Valero Energy Net Developed Acreage # Chart

Valero Energy (FRA:V1L) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Valero Energy Net Developed Acreage # Related Terms

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Valero Energy (FRA:V1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valero Energy Corp (FRA:V1L) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

VLO:USA VLO:Mexico V1L:Germany VLOE34:Brazil

Address

One Valero Way, San Antonio, TX, USA, 78249

Website

https://www.valero.com

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.

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