Renewable Energy Focus Valero's joint venture in Diamond Green Diesel positions the company as a key player in the renewable diesel market, presenting opportunities to capitalize on the growing demand for sustainable fuel alternatives.

Global Presence Operating petroleum refineries in the U.S., Canada, and the UK, along with ethanol plants in the U.S., provides Valero with a strong global presence, offering opportunities to expand sales internationally and reach diverse markets.

Diverse Product Portfolio With a wide range of transportation fuels, petrochemical products, and renewable fuels, Valero's diverse product portfolio enables the company to cater to various customer needs, creating opportunities for cross-selling and broadening market reach.

Financial Stability Despite a decrease in net income in the third quarter of 2019, Valero's overall financial health, as a Fortune 500 company, signifies stability and reliability. This can be leveraged to build trust with potential clients and partners, leading to increased sales opportunities.

Competitive Positioning Being listed among similar industry giants like ExxonMobil and bp, Valero's competitive positioning indicates a strong market presence, offering opportunities to differentiate services, explore collaborations, and target specific market segments for sales growth.