Report
John Buethe
EUR 101.80 For Business Accounts Only

Valero Energy Partners is an MLP operating logistics assets supporting its refining sponsor.

Valero Energy Partners reported fourth-quarter and full-year results ahead of consensus expectations in spite of a major turnaround at a Valero’s Port Arthur refinery negatively affecting volumes (by 15% year over year). Minimum volume credits kept revenue in its pipeline transportation segment effectively flat, demonstrating the value of its contracted business. The Partnership’s terminaling volumes and revenue grew substantially (41% and 46%, respectively) in the quarter as its Meraux and Thre...
Underlying
Valero Energy Partners LP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
John Buethe

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