Valero Energy Partners LP Company Profile (NYSE:VLP)

About Valero Energy Partners LP

Valero Energy Partners LP logoValero 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
  • CUSIP:
Key Metrics:
  • 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
Profitability:
  • Net Margins: 56.33%
  • Return on Equity: 116.22%
  • Return on Assets: 22.75%
Debt:
  • Debt-to-Equity Ratio: 80.61%
  • Current Ratio: 4.20%
  • Quick Ratio: 4.20%
Additional Links:
Companies Related to Valero Energy Partners LP:

Analyst Ratings

Consensus Ratings for Valero Energy Partners LP (NYSE:VLP) (?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $53.67 (9.57% upside)

Analysts' Ratings History for Valero Energy Partners LP (NYSE:VLP)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017Barclays PLCReiterated RatingOverweight$55.00View Rating Details
2/6/2017ScotiabankReiterated RatingBuy$51.00View Rating Details
1/6/2017Morgan StanleyDowngradeOverweight -> Equal Weight$49.00 -> $51.00View Rating Details
10/31/2016MizuhoLower Price TargetBuy$57.00 -> $55.00View Rating Details
10/15/2016Jefferies Group LLCSet Price TargetBuy$53.00View Rating Details
8/23/2016Credit Suisse GroupSet Price TargetBuy$55.00View Rating Details
7/22/2016Mitsubishi UFJ Financial GroupUpgradeNeutral -> OverweightView Rating Details
4/20/2016Raymond James Financial, Inc.Initiated CoverageOutperform$53.00View Rating Details
4/18/2016Deutsche Bank AGDowngradeBuy -> Hold$56.00 -> $50.00View Rating Details
4/12/2016Drexel HamiltonReiterated RatingBuy$60.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingNeutralView Rating Details
11/2/2015Wells Fargo & CoDowngradeOutperform -> Market PerformView Rating Details
11/2/2015Royal Bank of CanadaBoost Price TargetOutperform$61.00 -> $62.00View Rating Details
10/30/2015SunTrust Banks, Inc.Boost Price TargetBuy$52.00 -> $54.00View Rating Details
10/26/2015Evercore ISIReiterated RatingBuy$58.00View Rating Details
3/5/2015J P Morgan Chase & CoBoost Price TargetOverweight$59.00 -> $63.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Valero Energy Partners LP (NYSE:VLP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/2/2017Q4 2016$0.69$0.77$101.32 million$104.15 millionViewListenView Earnings Details
10/27/2016Q316$0.66$0.77$89.82 million$92.00 millionViewListenView Earnings Details
8/4/2016Q216$0.66$0.67$85.21 million$88.00 millionViewListenView Earnings Details
5/5/2016Q1$0.64$0.61$79.90 million$79.00 millionViewN/AView Earnings Details
2/4/2016Q415$0.56$0.69$65.29 million$79.45 millionViewN/AView Earnings Details
10/30/2015Q315$0.51$0.51$60.51 million$62.00 millionViewListenView Earnings Details
8/5/2015Q215$0.43$0.54$51.88 million$60.20 millionViewN/AView Earnings Details
5/5/2015Q115$0.32$0.36$32.31 million$41.89 millionViewN/AView Earnings Details
2/5/2015Q414$0.28$0.32$33.01 million$34.20 millionViewN/AView Earnings Details
11/12/2014Q314$0.25$0.30$28.10 million$33.70 millionViewN/AView Earnings Details
8/11/2014Q214$0.18$0.21$22.83 million$23.70 millionViewN/AView Earnings Details
5/14/2014Q114$1.44$0.18$22.60 million$21.53 millionViewN/AView Earnings Details
3/7/2014Q413$0.19$0.03$22.69 million$24.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Valero Energy Partners LP (NYSE:VLP)
Current Year EPS Consensus Estimate: $2.99 EPS
Next Year EPS Consensus Estimate: $3.33 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.82$0.82$0.82
Q2 20161$0.82$0.82$0.82
Q3 20162$0.67$0.80$0.74
Q4 20162$0.71$0.83$0.77
Q1 20172$0.86$0.87$0.87
Q2 20172$0.89$0.98$0.94
Q3 20172$0.95$1.08$1.02
Q4 20172$0.94$1.01$0.98
Q1 20181$1.04$1.04$1.04
Q2 20181$1.03$1.03$1.03
Q3 20181$1.01$1.01$1.01
Q4 20181$0.98$0.98$0.98
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Valero Energy Partners LP (NYSE:VLP)
Annual Dividend:$1.63
Dividend Yield:3.33%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:57.80% (Based on Trailing 12 Months of Earnings)
54.52% (Based on Current Year Consensus EPS Estimate)
48.95% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Valero Energy Partners LP (NYSE:VLP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2017quarterly$0.413.39%1/31/20172/2/20172/10/2017
10/25/2016quarterly$0.393.74%11/1/201611/3/201611/10/2016
7/21/2016quarterly$0.373.46%7/28/20168/1/20168/9/2016
4/21/2016quarterly$0.342.86%4/28/20165/2/20165/10/2016
1/25/2016quarterly$0.322.71%2/2/20162/4/20162/11/2016
10/15/2015quarterly$0.312.51%10/29/201511/2/201511/10/2015
7/24/2015quarterly$0.292.56%7/30/20158/3/20158/11/2015
4/21/2015quarterly$0.282.14%4/29/20155/1/20155/12/2015
1/27/2015quarterly$0.272.34%2/3/20152/5/20152/12/2015
10/14/2014quarterly$0.242.39%10/29/201410/31/201411/12/2014
7/15/2014quarterly$0.221.95%7/30/20148/1/20148/13/2014
4/17/2014quarterly$0.215/1/20145/14/2014
1/22/2014special$0.041/29/20141/31/20142/12/2014
1/21/2014quarterly$0.211/31/20142/12/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Valero Energy Partners LP (NYSE:VLP)
Institutional Ownership Percentage: 30.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/12/2016Randall J LarsonDirectorBuy5,000$41.82$209,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Valero Energy Partners LP (NYSE:VLP)
DateHeadline
4-traders.com logoVALERO ENERGY PARTNERS LP : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) (NYSE:VLP)
www.4-traders.com - February 27 at 5:22 PM
biz.yahoo.com logoVALERO ENERGY PARTNERS LP Files SEC form 10-K, Annual Report (NYSE:VLP)
biz.yahoo.com - February 27 at 5:22 PM
finance.yahoo.com logoValero Energy Partners LP Files 2016 Annual Report on Form 10-K (NYSE:VLP)
finance.yahoo.com - February 27 at 5:22 PM
us.rd.yahoo.com logoAP Analysis: In Venezuela, short on food, short of hope (NYSE:VLP)
us.rd.yahoo.com - February 23 at 11:40 PM
finance.yahoo.com logoAP Analysis: Why Venezuelans have lost hope life will change (NYSE:VLP)
finance.yahoo.com - February 23 at 3:14 AM
investornewswire.com logoValero Energy Partners LP (NYSE:VLP) Sales Estimates At $687.2 - Investor Newswire (NYSE:VLP)
www.investornewswire.com - February 20 at 7:31 PM
News IconAnalysts Take: Valero Energy Partners LP (NYSE:VLP) Projected Earnings & Price Targets - Aiken Advocate (NYSE:VLP)
aikenadvocate.com - February 20 at 7:31 PM
News IconAre Analysts Optimistic About Where Valero Energy Partners LP (NYSE:VLP) is Heading? - Winfield Review (NYSE:VLP)
winfieldreview.com - February 18 at 11:25 AM
News IconConsensus Watch on Valero Energy Partners LP (NYSE:VLP) - Rockville Register (NYSE:VLP)
rockvilleregister.com - February 17 at 6:28 AM
finance.yahoo.com logoValero Energy Corporation Will Participate in the Bank of America Merrill Lynch Refining Conference (NYSE:VLP)
finance.yahoo.com - February 14 at 8:49 PM
News IconInside the Numbers: Checking on Shares of Valero Energy Partners LP (NYSE:VLP) - Baldwin Journal (NYSE:VLP)
baldwinjournal.com - February 14 at 3:47 PM
nasdaq.com logoValero Energy Partners LP Will Attend The Morgan Stanley MLP/Diversified Natural Gas, Utilities and Clean Tech ... - Nasdaq (NYSE:VLP)
www.nasdaq.com - February 14 at 1:55 AM
finance.yahoo.com logoValero Energy Partners LP Will Attend The Morgan Stanley MLP/Diversified Natural Gas, Utilities and Clean Tech Conference (NYSE:VLP)
finance.yahoo.com - February 13 at 8:52 PM
barrons.com logo[$$] Energy Stocks Are on Sale And on Verge of Breakouts (NYSE:VLP)
www.barrons.com - February 13 at 8:52 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Valero Energy Partners LP (NYSE:VLP) - Aiken Advocate (NYSE:VLP)
aikenadvocate.com - February 13 at 3:51 PM
finance.yahoo.com logoValero Energy Partners LP Will Attend The Barclays MLP Corporate Access Day (NYSE:VLP)
finance.yahoo.com - February 10 at 3:41 PM
bloomberg.com logoBuffett, Icahn Interests Square Off in Biofuels Law Fight (NYSE:VLP)
us.rd.yahoo.com - February 9 at 6:32 AM
capitalcube.com logoValero Energy Partners LP :VLP-US: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (NYSE:VLP)
us.rd.yahoo.com - February 9 at 6:31 AM
capitalcube.com logoValero Energy Partners LP :VLP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 (NYSE:VLP)
www.capitalcube.com - February 7 at 3:34 PM
streetinsider.com logoBarclays Remains Bullish on Valero Energy Partners (VLP) - StreetInsider.com (NYSE:VLP)
www.streetinsider.com - February 6 at 3:17 PM
thestreet.com logo3 Big Companies That Could Hike Dividends 10% or More This Year (NYSE:VLP)
us.rd.yahoo.com - February 6 at 10:14 AM
News IconValero Energy Partners LP (VLP) Receives $54.00 Consensus PT from Brokerages (NYSE:VLP)
nyhetsbanken.info - February 5 at 3:13 AM
marketwatch.com logoValero Energy Partners LP Reports 2016 Fourth Quarter and Full Year Results (NYSE:VLP)
www.marketwatch.com - February 3 at 6:39 AM
seekingalpha.com logoValero Energy Partners' (VLP) Q4 2016 Results - Earnings Call Transcript (NYSE:VLP)
seekingalpha.com - February 3 at 6:39 AM
biz.yahoo.com logoQ4 2016 Valero Energy Partners LP Earnings Release - Before Market Open (NYSE:VLP)
us.rd.yahoo.com - February 3 at 6:39 AM
us.rd.yahoo.com logoDid Analyst Ratings for VLO Weaken after Its 4Q16 Earnings? (NYSE:VLP)
us.rd.yahoo.com - February 3 at 6:39 AM
sg.finance.yahoo.com logoValero Energy Partners beats Street 4Q forecasts (NYSE:VLP)
us.rd.yahoo.com - February 3 at 6:39 AM
finance.yahoo.com logoIs Valero Energy (VLO) a Top Pick for Value Investors? (NYSE:VLP)
finance.yahoo.com - February 3 at 6:39 AM
biz.yahoo.com logoValero Energy Partners LP Earnings Call scheduled for 10:00 am ET today (NYSE:VLP)
biz.yahoo.com - February 3 at 6:39 AM
thestreet.com logoValero Energy Headed for Correction (NYSE:VLP)
realmoney.thestreet.com - February 3 at 6:39 AM
bizjournals.com logoValero Energy Partners breaks $100M in quarterly revenue for first time (NYSE:VLP)
www.bizjournals.com - February 3 at 6:39 AM
finance.yahoo.com logoEdited Transcript of VLP earnings conference call or presentation 2-Feb-17 3:00pm GMT (NYSE:VLP)
finance.yahoo.com - February 3 at 6:39 AM
us.rd.yahoo.com logoWhy Earnings Season Could Be Great for Valero Energy (VLP) (NYSE:VLP)
us.rd.yahoo.com - February 2 at 6:38 AM
us.rd.yahoo.com logoValero’s 4Q16 Earnings Beat Estimates: Tax Expenses Reduced (NYSE:VLP)
us.rd.yahoo.com - February 2 at 6:38 AM
us.rd.yahoo.com logoValero Energy Reports 2016 Results (NYSE:VLP)
us.rd.yahoo.com - February 2 at 6:38 AM
finance.yahoo.com logoValero Energy Reports 2016 Fourth Quarter and Full Year Results - Yahoo Finance (NYSE:VLP)
finance.yahoo.com - January 31 at 3:31 PM
News IconStock Watch: Focusing in on Valero Energy Partners LP (NYSE:VLP) - The Tribune (NYSE:VLP)
lakecitytribune.com - January 30 at 8:44 PM
News IconStock Hits Tipping Point on the RSI Reading: Valero Energy Partners LP (NYSE:VLP) - Wall Street Beacon (NYSE:VLP)
wsbeacon.com - January 30 at 3:43 PM
nasdaq.com logoValero Energy Partners LP (VLP) Ex-Dividend Date Scheduled for January 31, 2017 - Nasdaq (NYSE:VLP)
www.nasdaq.com - January 30 at 3:43 PM
News IconStock Focus: Watching RSI Levels on Shares of Valero Energy Partners LP (VLP) - Rives Journal (NYSE:VLP)
rivesjournal.com - January 29 at 11:45 PM
News IconStock Hits Crucial Indicator on the RSI Reading: Valero Energy Partners LP (NYSE:VLP) - Wall Street Beacon (NYSE:VLP)
wsbeacon.com - January 27 at 9:08 PM
News IconTrading Sheet: Tracking Technicals for Valero Energy Partners LP (VLP) - Market Point (NYSE:VLP)
mtptnews.com - January 27 at 3:46 PM
nasdaq.com logoEx-Dividend Reminder: Western Gas Equity Partners, Western Gas Partners and Valero Energy Partners - Nasdaq (NYSE:VLP)
www.nasdaq.com - January 27 at 3:46 PM
News IconRelative Strength Index Points To Shares Being Ripe For a Pullback: Valero Energy Partners LP (NYSE:VLP) - Wall Street Beacon (NYSE:VLP)
wsbeacon.com - January 27 at 6:38 AM
News IconEarnings in Full Force, Analysts Take Aim at Valero Energy Partners LP (NYSE:VLP) - Wall Street Beacon (NYSE:VLP)
wsbeacon.com - January 27 at 6:38 AM
finance.yahoo.com logoValero Energy Corporation Increases Regular Cash Dividend by 17 Percent (NYSE:VLP)
finance.yahoo.com - January 27 at 6:38 AM
nasdaq.com logoValero Energy Corporation Will Attend The Credit Suisse Energy Summit - Nasdaq (NYSE:VLP)
www.nasdaq.com - January 24 at 8:24 PM
News IconInvestor Arena: Keeping an Eye on Valero Energy Partners LP (VLP) - Market Point (NYSE:VLP)
mtptnews.com - January 24 at 3:21 PM
News IconAre Analysts Predicting a Near-Term Upswing For Valero Energy Partners LP (NYSE:VLP)? - Wall Street Beacon (NYSE:VLP)
wsbeacon.com - January 24 at 3:21 PM
News IconDoes This Dividend Rockstar Have Potential Upside? Analysts Weigh in on Valero Energy Partners LP (NYSE:VLP) - Aiken Advocate (NYSE:VLP)
aikenadvocate.com - January 23 at 3:51 PM

Social

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.

Valero Energy Partners LP (NYSE:VLP) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Valero Energy Partners LP (NYSE:VLP)

Earnings History Chart

Earnings by Quarter for Valero Energy Partners LP (NYSE:VLP)

Dividend History Chart

Dividend Payments by Quarter for Valero Energy Partners LP (NYSE:VLP)

Last Updated on 2/27/2017 by MarketBeat.com Staff