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:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services - NEC
- Sub-Industry: N/A
- Symbol: NYSE:VLP
- CUSIP: N/A
- Web: www.valeroenergypartners.com
Capitalization:- Market Cap: $2.8 billion
- Outstanding Shares: 68,174,000
Average Prices:- 50 Day Moving Avg: $45.22
- 200 Day Moving Avg: $46.55
- 52 Week Range: $38.90 - $51.00
P/E:- Trailing P/E Ratio: 13.71
- Foreward P/E Ratio: 12.06
- P/E Growth: 1.81
Sales & Book Value:- Annual Revenue: $412.55 million
- Price / Sales: 6.78
- Book Value: $2.37 per share
- Price / Book: 17.30
Dividend:- Annual Dividend: $1.82
- Dividend Yield: 4.3%
Profitability:- EBIDTA: $298.24 million
- Net Margins: 55.29%
- Return on Equity: 266.53%
- Return on Assets: 22.74%
Debt:- Debt-to-Equity Ratio: 5.84%
- Current Ratio: 5.60%
- Quick Ratio: 5.60%
Misc:- Average Volume: 114,989 shs.
- Beta: 0.74
- Short Ratio: 3.78
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 announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Tuesday, August 1st will be paid a dividend of $0.455 per share on Thursday, August 10th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend is Friday, July 28th. This is an increase from Valero Energy Partners LP's previous quarterly dividend of $0.43. View Valero Energy Partners LP's Dividend History.
How were Valero Energy Partners LP's earnings last quarter?
Valero Energy Partners LP (NYSE:VLP) issued its earnings results on Friday, July, 28th. The company reported $0.69 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.03. The company had revenue of $110.50 million for the quarter, compared to analyst estimates of $107.14 million. Valero Energy Partners LP had a net margin of 55.29% and a return on equity of 266.53%. The business's quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.67 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?
8 brokerages have issued 1 year target prices for Valero Energy Partners LP's stock. Their predictions range from $50.00 to $62.00. On average, they anticipate Valero Energy Partners LP's stock price to reach $54.00 in the next year. 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. 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. " (8/4/2017)
- 2. 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)
Are investors shorting Valero Energy Partners LP?
Valero Energy Partners LP saw a decrease in short interest in June. As of June 30th, there was short interest totalling 553,091 shares, a decrease of 45.6% from the June 15th total of 1,016,241 shares. Based on an average daily trading volume, of 218,740 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.5% of the shares of the stock are sold short.
Who are some of Valero Energy Partners LP's key competitors?
Some companies that are related to Valero Energy Partners LP include EnLink Midstream Partners, LP (ENLK), Tesoro Logistics LP (ANDX), Phillips 66 Partners LP (PSXP), Shell Midstream Partners, L.P. (SHLX), Tallgrass Energy Partners, LP (TEP), Genesis Energy, L.P. (GEL), Plains Group Holdings, L.P. (PAGP), EnLink Midstream, LLC (ENLC), Semgroup Corporation (SEMG), Noble Midstream Partners LP (NBLX), Western Refining Logistics, LP (WNRL), Summit Midstream Partners, LP (SMLP), Tallgrass Energy GP, LP (TEGP), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ), Crestwood Midstream Partners LP (CMLP), VTTI Energy Partners LP (VTTI) and PBF Logistics LP (PBFX).
Who are Valero Energy Partners LP's key executives?
Valero Energy Partners LP's management team includes the folowing people:
- Joseph W. Gorder, Chairman of the Board, Chief Executive Officer of the General Partner
- Richard F. Lashway, President, Chief Operating Officer, Director of General Partner
- Donna M. Titzman, Chief Financial Officer, Senior Vice President, Treasurer, Director of General Partner
- Jay D. Browning, Executive Vice President, General Counsel of General Partner
- R. Lane Riggs, Director of the General Partner
- Robert S. Beadle, Independent Director of the General Partner
- Timothy J. Fretthold, Independent Director of General Partner
- Randall J. Larson, Independent Director of General Partner
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 Tortoise Capital Advisors L.L.C. (8.37%), Goldman Sachs Group Inc. (6.95%), Chickasaw Capital Management LLC (2.20%), Bamco Inc. NY (1.14%), Center Coast Capital Advisors LP (0.78%) and Spirit of America Management Corp NY (0.59%). 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 Goldman Sachs Group Inc., Atlantic Trust Group LLC, JPMorgan Chase & Co., Chickasaw Capital Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Duff & Phelps Investment Management Co., Center Coast Capital Advisors LP and Chicago Partners Investment Group LLC. 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 Dividend Assets Capital LLC, Spirit of America Management Corp NY, Tortoise Capital Advisors L.L.C., Bank of Montreal Can, EnTrustPermal Management LLC, Citadel Advisors LLC, Global X Management Co. LLC and NBW Capital 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.
What is Valero Energy Partners LP's stock price today?
One share of Valero Energy Partners LP stock can currently be purchased for approximately $41.01.
MarketBeat Community Rating for Valero Energy Partners LP (NYSE VLP)MarketBeat's community ratings are surveys of what our community members think about Valero Energy Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Valero Energy Partners LP (NYSE:VLP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $54.00 (31.68% upside) |
Analysts' Ratings History for Valero Energy Partners LP (NYSE:VLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/22/2017 | Scotiabank | Set Price Target | Buy | $51.00 | Low |  |
| 5/26/2017 | Citigroup Inc. | Reiterated Rating | Buy | | Low | |
| 5/2/2017 | Barclays PLC | Reiterated Rating | Overweight | $55.00 | Medium | |
| 4/21/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $62.00 | Low | |
| 3/7/2017 | Jefferies Group LLC | Downgrade | Buy -> Hold | | N/A | |
| 1/6/2017 | Morgan Stanley | Downgrade | Overweight -> Equal Weight | $49.00 -> $51.00 | N/A | |
| 10/31/2016 | Mizuho | Lower Price Target | Buy | $57.00 -> $55.00 | N/A | |
| 8/23/2016 | Credit Suisse Group | Set Price Target | Buy | $55.00 | N/A | |
| 7/22/2016 | Mitsubishi UFJ Financial Group | Upgrade | Neutral -> Overweight | | N/A | |
| 4/20/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | $53.00 | N/A | |
| 4/18/2016 | Deutsche Bank AG | Downgrade | Buy -> Hold | $56.00 -> $50.00 | N/A | |
| 4/12/2016 | Drexel Hamilton | Reiterated Rating | Buy | $60.00 | N/A | |
| 12/8/2015 | Mitsubishi UFJ Financial Group Inc | Reiterated Rating | Neutral | | N/A | |
| 11/2/2015 | Wells Fargo & Company | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/30/2015 | SunTrust Banks, Inc. | Boost Price Target | Buy | $52.00 -> $54.00 | N/A | |
| 10/26/2015 | Evercore ISI | Reiterated Rating | Buy | $58.00 | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for Valero Energy Partners LP (NYSE:VLP)Earnings History by Quarter for Valero Energy Partners LP (NYSE VLP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.75 | | | | | N/A | |
| 7/28/2017 | Q2 2017 | $0.72 | $0.69 | $107.14 million | $110.50 million | View | N/A | |
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Valero Energy Partners LP (NYSE:VLP)2017 EPS Consensus Estimate: $3.52
2018 EPS Consensus Estimate: $3.62
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.81 | $0.87 | $0.84 |
| Q2 2017 | 2 | $0.65 | $0.89 | $0.77 |
| Q3 2017 | 2 | $0.89 | $1.08 | $0.99 |
| Q4 2017 | 2 | $0.86 | $0.99 | $0.93 |
| Q1 2018 | 1 | $0.93 | $0.93 | $0.93 |
| Q2 2018 | 1 | $0.92 | $0.92 | $0.92 |
| Q3 2018 | 1 | $0.90 | $0.90 | $0.90 |
| Q4 2018 | 1 | $0.87 | $0.87 | $0.87 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Valero Energy Partners LP (NYSE:VLP)| Most Recent Dividend: | 8/10/2017 |
| Annual Dividend: | $1.82 |
| Dividend Yield: | 4.44% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 61.69% (Trailing 12 Months of Earnings)
64.31% (Based on This Year's Estimates)
53.53% (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)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/19/2017 | Quarterly | $0.46 | 3.94% | 7/28/2017 | 8/1/2017 | 8/10/2017 |
| 4/21/2017 | quarterly | $0.43 | 3.63% | 4/28/2017 | 5/2/2017 | 5/11/2017 |
| 1/23/2017 | quarterly | $0.41 | 3.39% | 1/31/2017 | 2/2/2017 | 2/10/2017 |
| 10/25/2016 | quarterly | $0.39 | 3.74% | 11/1/2016 | 11/3/2016 | 11/10/2016 |
| 7/21/2016 | quarterly | $0.37 | 3.46% | 7/28/2016 | 8/1/2016 | 8/9/2016 |
| 4/21/2016 | quarterly | $0.34 | 2.86% | 4/28/2016 | 5/2/2016 | 5/10/2016 |
| 1/25/2016 | quarterly | $0.32 | 2.71% | 2/2/2016 | 2/4/2016 | 2/11/2016 |
| 10/15/2015 | quarterly | $0.31 | 2.51% | 10/29/2015 | 11/2/2015 | 11/10/2015 |
| 7/24/2015 | quarterly | $0.29 | 2.56% | 7/30/2015 | 8/3/2015 | 8/11/2015 |
| 4/21/2015 | quarterly | $0.28 | 2.14% | 4/29/2015 | 5/1/2015 | 5/12/2015 |
| 1/27/2015 | quarterly | $0.27 | 2.34% | 2/3/2015 | 2/5/2015 | 2/12/2015 |
| 10/14/2014 | quarterly | $0.24 | 2.39% | 10/29/2014 | 10/31/2014 | 11/12/2014 |
| 7/15/2014 | quarterly | $0.22 | 1.95% | 7/30/2014 | 8/1/2014 | 8/13/2014 |
| 4/17/2014 | quarterly | $0.21 | | | 5/1/2014 | 5/14/2014 |
| 1/22/2014 | special | $0.04 | | 1/29/2014 | 1/31/2014 | 2/12/2014 |
| 1/21/2014 | quarterly | $0.21 | | | 1/31/2014 | 2/12/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Valero Energy Partners LP (NYSE:VLP)Institutional Ownership Percentage: 31.44%
Insider Trades by Quarter for Valero Energy Partners LP (NYSE:VLP)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Valero Energy Partners LP (NYSE:VLP)
Latest Headlines for Valero Energy Partners LP (NYSE:VLP)
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Valero Energy Partners LP (VLP) Chart for Thursday, August, 17, 2017
