Valero Energy Partners (VLP) Stock Price, News & Analysis

Valero Energy Partners LP (NYSE:VLP) released its earnings results on Thursday, October, 25th. The pipeline company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.07. The pipeline company earned $140.59 million during the quarter, compared to analyst estimates of $137.85 million. Valero Energy Partners had a net margin of 43.11% and a trailing twelve-month return on equity of 94.57%.

Valero Energy Partners (NYSE:VLP) pays an annual dividend of $2.20 per share and currently has a dividend yield of 5.22%. VLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 79.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, VLP will have a dividend payout ratio of 62.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VLP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Valero Energy Partners investors own include Valero Energy (VLO), Phillips 66 Partners (PSXP), Enterprise Products Partners (EPD), Energy Transfer (ET), General Electric (GE), Omega Healthcare Investors (OHI), Wells Fargo & Company (WFC), New Residential Investment (NRZ), AT&T (T) and Exxon Mobil (XOM).