About Valero Energy Partners LP
Valero Energy Partners LP owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company's assets include crude oil and refined petroleum products pipeline and terminal systems in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the following Valero Energy Corporation (Valero) refineries, such as Port Arthur Refinery-Port Arthur, Texas; McKee Refinery-Sunray, Texas; Three Rivers Refinery-Three Rivers, Texas; Memphis Refinery-Memphis, Tennessee; Ardmore Refinery-Ardmore, Oklahoma; St. Charles Refinery-Norco, Louisiana; Houston Refinery-Houston, Texas, and Corpus Christi East and West Refineries-Corpus Christi, Texas. The Port Arthur logistics system includes Lucas crude system and Port Arthur products system. McKee logistics system supports Valero's McKee Refinery in Sunray, Texas.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Pipelines
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: VLP
- Previous Close: $48.98
- 50 Day Moving Average: $48.51
- 200 Day Moving Average: $43.46
- 52-Week Range: $38.90 - $51.69
- Trailing P/E Ratio: 17.97
- Foreward P/E Ratio: 14.71
- P/E Growth: 1.87
- Market Cap: $3.30B
- Outstanding Shares: 67,354,000
- Beta: 0.77
- Net Margins: 56.33%
- Return on Equity: 116.22%
- Return on Assets: 22.75%
Companies Related to Valero Energy Partners LP:
- Debt-to-Equity Ratio: 80.61%
- Current Ratio: 4.20%
- Quick Ratio: 4.20%
What is Valero Energy Partners LP's stock symbol?
Valero Energy Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "VLP."
How often does Valero Energy Partners LP pay dividends? What is the dividend yield for Valero Energy Partners LP?
Valero Energy Partners LP announced a quarterly dividend on Monday, January 23rd. Stockholders of record on Thursday, February 2nd will be given a dividend of $0.4065 per share on Friday, February 10th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend is Tuesday, January 31st. This is a boost from Valero Energy Partners LP's previous quarterly dividend of $0.39.
Where is Valero Energy Partners LP's stock going? Where will Valero Energy Partners LP's stock price be in 2017?
10 equities research analysts have issued 12-month price targets for Valero Energy Partners LP's stock. Their forecasts range from $50.00 to $60.00. On average, they expect Valero Energy Partners LP's stock price to reach $53.67 in the next year.
When will Valero Energy Partners LP announce their earnings?
Valero Energy Partners LP is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.
What are analysts saying about Valero Energy Partners LP stock?
Here are some recent quotes from research analysts about Valero Energy Partners LP stock:
- Barclays PLC analysts commented, "In-line 4Q, reiterated distribution growth guidance of +25% in 2017 and at least +20% in 2018. VLP's outlook is supported by a $1B EBITDA drop down inventory at parent VLO, consisting of 45% pipelines and terminals, 20% marine and rail, and 35% fuels marketing by our estimates. With a competitive currency (3.3% current yield vs. 6.6% coverage universe) and recently achieved IG status as of December (BBB-/Baa3), we believe VLP is well-equipped to execute drop downs and thirdparty acquisitions to achieve its guidance. In addition to growth visibility, VLP also offers cash flow stability with 100% fee-based revenues, of which 85% are under minimum volume commitments, and long-term contracts with 10-year initial terms. Maintain PT of $55." (2/6/2017)
According to Zacks Investment Research, "Valero Energy Partners LP is engaged in the ownership, development and acquisition of crude oil and refined petroleum products pipelines, terminals and other transportation and logistics assets. The Company's assets primarily situated in the Gulf Coast and Mid-Continent regions of the United States that are integral to the operations of Valero Energy Corporation's refinery based in Port Arthur, Texas, McKee refinery based in Sunray, Texas and its refinery based in Memphis, Tennessee. Valero Energy Partners LP is based in San Antonio, United States. " (1/24/2017)
Morgan Stanley analysts commented, "We believe this gives VLP a significant advantage over other midstream companies to the extent the recent downdraft in commodity prices lingers longer than expected. That said, we value firms in part on a cash flow basis and not just on a distribution growth/yield basis, so we do want to see cash flow growth/unit at the firm in 2017." (8/5/2016)
Who owns Valero Energy Partners LP stock?
Valero Energy Partners LP's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.38%), Silvercrest Asset Management Group LLC (0.33%), Westwood Holdings Group Inc. (0.29%), Metropolitan Life Insurance Co. NY (0.21%), Renaissance Technologies LLC (0.15%) and Allianz Asset Management AG (0.11%).
Who sold Valero Energy Partners LP stock? Who is selling Valero Energy Partners LP stock?
Valero Energy Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Metropolitan Life Insurance Co. NY and Texas Yale Capital Corp..
Who bought Valero Energy Partners LP stock? Who is buying Valero Energy Partners LP stock?
Valero Energy Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Allianz Asset Management AG, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Guggenheim Capital LLC, Raymond James Financial Services Advisors Inc., FFT Wealth Management LLC, Koch Industries Inc. and Silvercrest Asset Management Group LLC.
How do I buy Valero Energy Partners LP stock?
Shares of Valero Energy Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Valero Energy Partners LP stock cost?
One share of Valero Energy Partners LP stock can currently be purchased for approximately $48.98.