About Valero Energy Partners LP (NYSE:VLP)
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
- Sub-Industry: N/A
- Symbol: NYSE:VLP
- CUSIP: N/A
- Web: www.valeroenergypartners.com
Capitalization:- Market Cap: $2.9 billion
- Outstanding Shares: 68,174,000
Average Prices:- 50 Day Moving Avg: $43.21
- 200 Day Moving Avg: $44.94
- 52 Week Range: $38.90 - $51.00
P/E:- Trailing P/E Ratio: 14.36
- Foreward P/E Ratio: 12.07
- P/E Growth: 1.54
Sales & Book Value:- Annual Revenue: $412.55 million
- Price / Sales: 7.02
- Book Value: $2.37 per share
- Price / Book: 17.92
Dividend:- Annual Dividend: $1.82
- Dividend Yield: 4.2%
Profitability:- EBITDA: $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: 100,739 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 declared a quarterly dividend on Wednesday, July 19th. Shareholders 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 yield of 4.29%. The ex-dividend date of this dividend is Friday, July 28th. This is a positive change 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 EPS for the quarter, missing the consensus estimate of $0.72 by $0.03. The company earned $110.50 million during the quarter, compared to analysts' expectations of $107.14 million. Valero Energy Partners LP had a return on equity of 266.53% and a net margin of 55.29%. The company's quarterly revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business posted $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?
7 analysts have issued 1 year price targets for Valero Energy Partners LP's shares. Their predictions range from $50.00 to $62.00. On average, they anticipate Valero Energy Partners LP's stock price to reach $53.43 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. 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)
Who are some of Valero Energy Partners LP's key competitors?
Some companies that are related to Valero Energy Partners LP include Phillips 66 Partners LP (PSXP), EnLink Midstream Partners, LP (ENLK), Andeavor Logistics LP (ANDX), Tesoro Logistics LP (ANDX), Shell Midstream Partners, L.P. (SHLX), Tallgrass Energy Partners, LP (TEP), Plains Group Holdings, L.P. (PAGP), EnLink Midstream, LLC (ENLC), Genesis Energy, L.P. (GEL), SemGroup Corp (SEMG), Semgroup Corporation (SEMG), Noble Midstream Partners LP (NBLX), Tallgrass Energy GP LP (TEGP), Summit Midstream Partners, LP (SMLP), Western Refining Logistics, LP (WNRL), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ) and Crestwood Midstream Partners LP (CMLP).
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
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 $42.47.
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: | 1 Hold Rating, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.86) |
| Consensus Price Target: | $53.43 (25.80% upside) |
Consensus Price Target History for Valero Energy Partners LP (NYSE:VLP)
Analysts' Ratings History for Valero Energy Partners LP (NYSE:VLP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/23/2017 | Jefferies Group LLC | Upgrade | Hold -> Buy | $51.00 -> $50.00 | High |  |
| 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 | |
| 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 10/16/2015 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 |
|---|
| 10/27/2017 | | $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: $3.42
2018 EPS Consensus Estimate: $2.98
| 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 | $0.71 | $1.08 | $0.90 |
| Q4 2017 | 2 | $0.84 | $0.99 | $0.92 |
| Q1 2018 | 1 | $0.85 | $0.85 | $0.85 |
| Q2 2018 | 1 | $0.72 | $0.72 | $0.72 |
| Q3 2018 | 1 | $0.71 | $0.71 | $0.71 |
| Q4 2018 | 1 | $0.70 | $0.70 | $0.70 |
(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: | 4.29% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 61.69% (Trailing 12 Months of Earnings)
60.67% (Based on This Year's Estimates)
51.70% (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)| 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: 29.93%
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)
| Source: |
|
| Date | Headline |
|---|
 | Summit Midstream Partners, (SMLP) versus Valero Energy Partners (VLP) Critical Analysis
www.americanbankingnews.com - October 15 at 6:32 PM |
| Reviewing Valero Energy Partners (VLP) & The Competition
www.americanbankingnews.com - October 14 at 8:20 PM |
 | Have Analyst Ratings for Valero Weakened ahead of Q3 Earnings?
finance.yahoo.com - October 13 at 9:57 AM |
| Could Valero’s Refining Margins Expand in 3Q17?
finance.yahoo.com - October 13 at 9:57 AM |
| Valero Energy Partners (VLP) versus The Competition Critical Review
www.americanbankingnews.com - October 12 at 10:36 AM |
| Valero’s 3Q17 Earnings: Wall Street’s Stellar Expectations
finance.yahoo.com - October 12 at 9:50 AM |
| Understanding Valero’s Q3 Crack Indicators
finance.yahoo.com - October 12 at 9:50 AM |
| Valero’s Moving Averages ahead of 3Q17 Earnings
finance.yahoo.com - October 12 at 9:49 AM |
| Comparing Refiners’ Valuation: MPC, ANDV, VLO, and PSX
finance.yahoo.com - October 12 at 9:49 AM |
| Estimating Valero Stock Price ahead of Q3 Earnings
finance.yahoo.com - October 12 at 9:49 AM |
| How Refining Stocks’ Moving Averages Trended in 3Q17
finance.yahoo.com - October 11 at 9:20 AM |
| How Refining Stocks’ Moving Averages Trended in 3Q17
finance.yahoo.com - October 11 at 9:20 AM |
| Valero Energy Has Become A 'Show Me' Story Now
finance.yahoo.com - October 7 at 9:46 AM |
| Valero Energy Has Become A 'Show Me' Story Now
finance.yahoo.com - October 7 at 9:46 AM |
| Valero Energy Partners (VLP) & Its Rivals Head-To-Head Contrast
www.americanbankingnews.com - October 7 at 12:18 AM |
| Contrasting Valero Energy Partners (VLP) and Rose Rock Midstream (RRMS)
www.americanbankingnews.com - October 6 at 8:30 PM |
| $114.13 Million in Sales Expected for Valero Energy Partners LP (VLP) This Quarter
www.americanbankingnews.com - October 6 at 8:58 AM |
| 3 Dividend Stocks to Buy on Sale
finance.yahoo.com - October 4 at 8:52 AM |
| Valero Energy Partners LP (VLP) Expected to Announce Earnings of $0.72 Per Share
www.americanbankingnews.com - October 4 at 8:36 AM |
| Valero Energy Partners LP (VLP) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 24 at 2:48 PM |
| Has Valero Energy’s Refining Margin Risen?
finance.yahoo.com - September 23 at 10:47 AM |
| Valero board sets new rules for special stockholder meetings
finance.yahoo.com - September 23 at 10:47 AM |
| How Hurricane Harvey Could Impact Valero’s Refining Margin in 3Q17
finance.yahoo.com - September 23 at 10:47 AM |
| Chart in Focus: Valero Energy’s Oil Spread Movement in 3Q17
finance.yahoo.com - September 23 at 10:47 AM |
| Report: Valero refinery fire released nearly 1 million pounds of pollutants
finance.yahoo.com - September 23 at 10:47 AM |
| Update: Valero reports initial estimates of refinery fire emissions
finance.yahoo.com - September 23 at 10:47 AM |
| Fire breaks out at Valero's Port Arthur, Texas, refinery
finance.yahoo.com - September 20 at 1:25 AM |
| Fire breaks out at Valero's Port Arthur, Texas, refinery
finance.yahoo.com - September 19 at 8:23 PM |
| Why Valero Energy (VLO) Could Be Positioned for a Surge
finance.yahoo.com - September 19 at 3:17 PM |
| Valero & Plains All American Abandon Asset Purchase Plan
finance.yahoo.com - September 19 at 3:17 PM |
| PBF Energy Was the Top Energy Loser Last Week
finance.yahoo.com - September 19 at 3:17 PM |
| Legal battle ends with Valero backing off plans to buy California storage terminals
finance.yahoo.com - September 19 at 9:20 AM |
| Brokerages Anticipate Valero Energy Partners LP (VLP) Will Announce Quarterly Sales of $114.13 Million
www.americanbankingnews.com - September 17 at 12:02 PM |
| [$$] Hurricanes Stir Up Profits for Refiners
finance.yahoo.com - September 17 at 9:08 AM |
| Valero Energy Shows Improved Relative Strength; Still Shy Of Benchmark
finance.yahoo.com - September 15 at 11:07 AM |
| [$$] Valero Houston Plant Underestimated Harvey Benzene Leak
finance.yahoo.com - September 15 at 11:07 AM |
| Valero CEO Joe Gorder: We're aggressively pursuing Mexican fuels market
finance.yahoo.com - September 15 at 11:07 AM |
| Valero Energy Partners to Announce Third Quarter 2017 Earnings Results on October 27, 2017
finance.yahoo.com - September 15 at 11:07 AM |
| Why Has Short Interest in Phillips 66 Fallen?
finance.yahoo.com - September 15 at 11:07 AM |
| EPA says benzene leak at Valero’s Houston refinery was underestimated
finance.yahoo.com - September 15 at 11:07 AM |
| Valero, Magellan Midstream to Jointly Expand Pasadena Unit
finance.yahoo.com - September 15 at 11:06 AM |
| A new analysis suggests Hurricane Harvey caused 4.6 million pounds of chemicals to be released — but the risk is still unclear
finance.yahoo.com - September 13 at 11:01 AM |
| Reviewing World Point Terminals (WPT) and Valero Energy Partners (VLP)
www.americanbankingnews.com - September 13 at 4:26 AM |
| Aftermath of hurricanes sends Andeavor, Valero stocks to near two-year highs
finance.yahoo.com - September 12 at 11:54 AM |
| After Oil Refinery Is Damaged by Harvey, Benzene Is Detected in Houston Area
finance.yahoo.com - September 7 at 10:52 AM |
| Valero Energy-Magellan Midstream Arms to Construct Pipeline
finance.yahoo.com - September 7 at 10:52 AM |
| Valero seeks FERC waiver to Colonial Pipeline fuel specifications after Harvey
finance.yahoo.com - September 6 at 9:57 AM |
| Valero seeks FERC waiver to Colonial Pipeline fuel specifications after Harvey
finance.yahoo.com - September 6 at 9:57 AM |
| Potentially Dangerous Plume Is Detected in Houston Area
finance.yahoo.com - September 6 at 9:57 AM |
| Potentially Dangerous Plume Is Detected in Houston Area
finance.yahoo.com - September 6 at 9:57 AM |
Valero Energy Partners LP (VLP) Chart for Monday, October, 16, 2017
