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 pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries. It provides assets and services, such as Port Arthur logistics system, McKee logistics system, Memphis logistics system, Three Rivers logistics system, Ardmore logistics system, Houston logistics system, St. Charles logistics system, Corpus Christi logistics system and Meraux logistics system. Port Arthur logistics system includes its Lucas crude system and its Port Arthur products system. McKee logistics system is a crude oil and refined petroleum products pipeline and terminal system supporting Valero's McKee Refinery.
Industry, Sector and Symbol:
- Market Cap: $3.12 billion
- Outstanding Shares: 68,165,000
- 50 Day Moving Avg: $46.95
- 200 Day Moving Avg: $45.81
- 52 Week Range: $38.90 - $51.00
Sales & Book Value:
- Trailing P/E Ratio: 15.51
- Foreward P/E Ratio: 13.13
- P/E Growth: 1.77
- Annual Revenue: $389.67 million
- Price / Sales: 8.01
- Book Value: $1.93 per share
- Price / Book: 23.74
- Annual Dividend: $1.63
- Dividend Yield: 3.7%
- EBIDTA: $278.86 million
- Net Margins: 56.33%
- Return on Equity: 116.22%
- Return on Assets: 22.75%
- Debt-to-Equity Ratio: 80.61%
- Current Ratio: 4.20%
- Quick Ratio: 4.20%
- Average Volume: 89,973 shs.
- Beta: 0.77
- Short Ratio: 9.16
Frequently Asked Questions for Valero Energy Partners LP (NYSE:VLP)
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 declared a quarterly dividend on Friday, April 21st. Stockholders of record on Tuesday, May 2nd will be given a dividend of $0.4275 per share on Thursday, May 11th. This represents a $1.71 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Friday, April 28th. This is a boost from Valero Energy Partners LP's previous quarterly dividend of $0.41. View Valero Energy Partners LP's Dividend History.
How were Valero Energy Partners LP's earnings last quarter?
Valero Energy Partners LP (NYSE:VLP) released its quarterly earnings results on Friday, April, 28th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.73 by $0.01. The firm earned $105.80 million during the quarter, compared to the consensus estimate of $103.82 million. Valero Energy Partners LP had a return on equity of 116.22% and a net margin of 56.33%. The company's revenue was up 34.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. View Valero Energy Partners LP's Earnings History.
When will Valero Energy Partners LP make its next earnings announcement?
Where is Valero Energy Partners LP's stock going? Where will Valero Energy Partners LP's stock price be in 2017?
10 analysts have issued twelve-month target prices for Valero Energy Partners LP's stock. Their forecasts range from $50.00 to $62.00. On average, they expect Valero Energy Partners LP's stock price to reach $54.00 in the next twelve months. View Analyst Ratings for Valero Energy Partners LP.
What are analysts saying about Valero Energy Partners LP stock?
Here are some recent quotes from research analysts about Valero Energy Partners LP stock:
- 1. 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)
- 2. 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)
- 3. 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 are some of Valero Energy Partners LP's key competitors?
Some companies that are related to Valero Energy Partners LP include Enbridge Energy Partners, L.P. (EEP), EQT Midstream Partners LP (EQM), Shell Midstream Partners LP (SHLX), DCP Midstream LP (DCP), Boardwalk Pipeline Partners, LP (BWP), NuStar Energy L.P. (NS), Plains GP Holdings LP (PAGP), TC Pipelines, LP (TCP), Genesis Energy, L.P. (GEL), Tallgrass Energy Partners LP (TEP), EnLink Midstream LLC (ENLC), Dominion Energy Midstream Partners LP (DM), QEP Resources (QEP), Holly Energy Partners, L.P. (HEP), SemGroup Corp (SEMG), Targa Resources Partners LP (NGLS), Franks International NV (FI) and Crestwood Equity Partners LP (CEQP).
Who owns Valero Energy Partners LP stock?
Valero Energy Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (7.26%), Chickasaw Capital Management LLC (2.27%), Center Coast Capital Advisors LP (0.82%), Morgan Stanley (0.68%), TPH Asset Management LLC (0.65%) and Spirit of America Management Corp NY (0.53%). View Institutional Ownership Trends for Valero Energy Partners LP.
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 TPH Asset Management LLC, Atlantic Trust Group LLC, Morgan Stanley, Westwood Holdings Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Goldman Sachs Group Inc., Metropolitan Life Insurance Co. NY and UBS Group AG. View Insider Buying and Selling for Valero Energy Partners LP.
Who bought Valero Energy Partners LP stock? Who is buying Valero Energy Partners LP stock?
Valero Energy Partners LP's stock was acquired by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Spirit of America Management Corp NY, ING Groep NV, Driehaus Capital Management LLC, Credit Suisse AG, First Trust Advisors LP, Bank of America Corp DE and Chickasaw Capital Management LLC. View Insider Buying and Selling for Valero Energy Partners LP.
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 $45.81.
Earnings History for Valero Energy Partners LP (NYSE:VLP)Earnings History by Quarter for Valero Energy Partners LP (NYSE:VLP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|4/28/2017||Q1 2017||$0.73||$0.72||$103.82 million||$105.80 million||View||N/A|
|2/2/2017||Q4 2016||$0.69||$0.77||$101.32 million||$104.15 million||View||Listen|
|10/27/2016||Q316||$0.66||$0.77||$89.82 million||$92.00 million||View||Listen|
|8/4/2016||Q216||$0.66||$0.67||$85.21 million||$88.00 million||View||Listen|
|5/5/2016||Q1||$0.64||$0.61||$79.90 million||$79.00 million||View||N/A|
|2/4/2016||Q415||$0.56||$0.69||$65.29 million||$79.45 million||View||N/A|
|10/30/2015||Q315||$0.51||$0.51||$60.51 million||$62.00 million||View||Listen|
|8/5/2015||Q215||$0.43||$0.54||$51.88 million||$60.20 million||View||N/A|
|5/5/2015||Q115||$0.32||$0.36||$32.31 million||$41.89 million||View||N/A|
|2/5/2015||Q414||$0.28||$0.32||$33.01 million||$34.20 million||View||N/A|
|11/12/2014||Q314||$0.25||$0.30||$28.10 million||$33.70 million||View||N/A|
|8/11/2014||Q214||$0.18||$0.21||$22.83 million||$23.70 million||View||N/A|
|5/14/2014||Q114||$1.44||$0.18||$22.60 million||$21.53 million||View||N/A|
|3/7/2014||Q413||$0.19||$0.03||$22.69 million||$24.50 million||View||N/A|
Earnings Estimates for Valero Energy Partners LP (NYSE:VLP)
2017 EPS Consensus Estimate: $3.68
2018 EPS Consensus Estimate: $3.62
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Valero Energy Partners LP (NYSE:VLP)
|Most Recent Dividend:||5/11/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||57.80% (Trailing 12 Months of Earnings) |
51.42% (Based on This Year's Estimates)
46.70% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Valero Energy Partners LP (NYSE:VLP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Valero Energy Partners LP (NYSE:VLP)
Institutional Ownership Percentage: 30.36%Insider Trades by Quarter for Valero Energy Partners LP (NYSE:VLP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/12/2016||Randall J Larson||Director||Buy||5,000||$41.82||$209,100.00|| |
Headline Trends for Valero Energy Partners LP (NYSE:VLP)
Latest Headlines for Valero Energy Partners LP (NYSE:VLP)
Valero Energy Partners LP (VLP) Chart for Thursday, May, 25, 2017