Origin of the Name Valero
The name Valero has Latin roots, derived from "valere" meaning "to excel". Valero was also used as a surname in Italy, Spain, and Portugal. Valero indicates derivation from valerian products like valeric acid. The name relates to Valerius, a popular Roman family name. Valero likely refers to being from Valencia or a place named Valera, denoting families from such places. As a place name, Valero is associated with a few towns in Spain.
Meaning of Valero in Spanish
The Spanish translation for "Valero" arises from the Latin "valiant", meaning healthy and strong. These adjectives describe Valero’s MLP.
Valero Connection and Ownership
Valero owns 12 US ethanol plants through subsidiaries. Compensation is above average, with employees receiving pension plans and good healthcare. Valero’s stations stock certified TOP TIER gasoline proven beneficial for cars. Valero is the biggest buyer of Venezuela’s oil. Employees from Valero Energy Partners also receive good pension plans and healthcare. Valero spun off its retail business in 2013 under the CST brands, which was later acquired by Alimentation Couche-Tard in 2016.
History and Acquisition
The name Valero comes from Mission San Antonio de Valero, the original name of the Alamo. Valero acquired Corpus Christi Marine Services Company (“CCMS”), a small barge company in Corpus Christi, Texas in April 1981 when it purchased a stake in Saber Energy Inc. of Houston.