Valero Energy Partners LP

Most Recent

  • uploads///forward distribution yield to distribution growth
    Earnings Report

    How Does Phillips 66 Partners’ Valuation Compare to Its Peers’?

    Phillips 66 Partners’ forward distribution yield of 3.3%, owing to its fee-based revenues, consistent distribution growth, and strong coverage ratio.

    By Rekha Khandelwal, CFA
  • uploads///Gains
    Energy & Utilities

    Which MLPs Rose More than 6% Last Week?

    Seadrill Partners (SDLP), the MLP involved mainly in offshore drilling, continued to be among the top MLP gainers for the second consecutive week.

    By Kurt Gallon
  • uploads///net withdrawals
    Macroeconomic Analysis

    How Changing Energy Demand Impacts MLPs’ Throughput Volumes

    US natural gas demand is expected to rise in the coming years, driven by increased consumption by power utilities, industries, and liquefied natural gas exports.

    By Kurt Gallon
  • uploads///distillate
    Macroeconomic Analysis

    US Distillate Inventories Were Down Less than Expected Last Week

    The EIA reported that US distillate inventories fell by 0.3 MMbbls to 151.6 MMbbls in the week ending September 25.

    By Keisha Bandz
  • uploads///crack spread
    Macroeconomic Analysis

    US Gulf Coast 3:2:1 Crack Spread Rose 25% Last Week

    The benchmark US Gulf Coast 3:2:1 crack spread rose ~25% last week. It hit $13.115 per barrel on Friday, September 25

    By Keisha Bandz
  • uploads///distribution growth
    Macroeconomic Analysis

    Which MLPs Are Leading in Distribution Growth?

    MLPs’ distribution In this article, we’ll look at MLPs’ distribution growth for the latest quarter. Of 113 MLPs, 37 managed to grow their quarterly distribution based on 4Q16 earnings. Nearly 62 MLPs kept their distribution unchanged. This includes GPs (general partners) of limited partnerships and midstream C corporations. EQT GP Holdings (EQGP), Capital Product Partners […]

    By Kurt Gallon
  • uploads///image
    Miscellaneous

    ETE’s Implied Volatility Rises ahead of Its Earnings

    On February 17, 2017, Energy Transfer Equity (ETE) had an implied volatility of 41.6%, the highest among the midstream companies that make up the Alerian MLP ETF (AMLP).

    By Rabindra Samanta
  • uploads///Gains
    Energy & Utilities

    Why Only 9 MLPs Ended in the Green Last Week

    Alon USA Partners (ALDW), a downstream MLP involved in crude oil refining and refined products marketing, was the top MLP gainer last week.

    By Kurt Gallon
  • uploads///Featured image
    Company & Industry Overviews

    Valero Energy Stock Fell 10%: What’s the Story?

    Valero Energy (VLO) stock fell 10.3% on Friday, October 19. That same day, Goldman Sachs downgraded the stock from a “neutral” to a “sell.”

    By Maitali Ramkumar
  • uploads///gasoline
    Macroeconomic Analysis

    US Gasoline Inventories Could Spill Outside the 5-Year Range

    The EIA reported that US gasoline inventories increased by 3.3 MMbbls to 222 MMbbls in the week ending September 25.

    By Keisha Bandz
  • uploads///Loss
    Basic Materials

    The Biggest MLP Losses Last Week

    Sprague Resources (SRLP), which is involved in refined products and natural gas terminalling and marketing, recorded the biggest loss last week.

    By Kurt Gallon
  • uploads///gasoline
    Macroeconomic Analysis

    US Gasoline Prices Down 2.5% in the Week Ended November 6

    US gasoline prices mirrored crude oil prices and fell initially during the week.

    By Keisha Bandz
  • uploads///top mlp losers
    Energy & Utilities

    A Look at Last Week’s Worst Midstream Performances

    Hi-Crush Partners (HCLP) fell 5% during the week that ended on August 24. The stock has been on a downward trajectory for over a month.

    By Rekha Khandelwal, CFA
  • uploads///New York Harbor Heating Oil Spot Price Heating Oil Front Month Futures Price
    Macroeconomic Analysis

    New York Harbor ULSD Spot Prices Have Risen: Why?

    The New York Harbor ULSD (ultra-low sulfur diesel) spot price was $1.505 per gallon on November 2, 2015. This represents a rise of ~1.1% from the price of $1.488 per gallon recorded on October 30, 2015.

    By Manu Milan
  • uploads///distillate
    Macroeconomic Analysis

    US Distillate Inventories Down for 7th Consecutive Week

    US distillate inventories fell by 1.3 MMbbls to 140.8 MMbbls in the week ended October 30, 2015. Inventories have now been falling seven weeks in a row.

    By Keisha Bandz
  • uploads///ev to ebitda ratios
    Company & Industry Overviews

    How Does Targa Resources’ Valuation Compare with Peers?

    Targa Resources (TRGP) is trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of nearly 15x.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Energy & Utilities

    OKE, HCLP, SUN: Key Midstream and MLP Rating Updates Last Week

    Of the 18 analysts covering ONEOK, five have rated the stock as a “strong buy,” four have rated it as a “buy,” and the remaining nine have rated it as a “hold.”

    By Rekha Khandelwal, CFA
  • uploads///top gainers
    Energy & Utilities

    TCP, VLP, HCLP, CVRR: Who Gained and Who Lost Last Week?

    On October 18, Valero Energy (VLO) announced an agreement to acquire Valero Energy Partners (VLP).

    By Rekha Khandelwal, CFA
  • uploads///top gainers
    Energy & Utilities

    Which MLPs Gained the Most Last Week?

    Last week, Noble Midstream Partners, Western Gas Equity Partners, and DCP Midstream Partners were among the top MLP gainers.

    By Rekha Khandelwal, CFA
  • uploads///Loss
    Energy & Utilities

    Top MLP Losses in the Week Ending June 22

    Alliance Resource Partners (ARLP), an MLP involved in coal mining and production, was the top MLP loss in the week ending June 22.

    By Kurt Gallon
  • uploads///ANDX
    Earnings Report

    Andeavor Logistics’ Long-Term Earnings Growth Expectations

    Analysts expect Andeavor Logistics (ANDX) to have adjusted EBITDA of $282.1 million in 1Q18 compared to $210 million in 1Q17.

    By Kurt Gallon
  • uploads///accountant _
    Earnings Report

    Top Earnings Growth Expected from Midstream Companies in 1Q18

    In this series, we’ll look at the top ten midstream companies based on earnings growth expectations for 1Q18.

    By Kurt Gallon
  • uploads///pipes _
    Energy & Utilities

    These Top Midstream Companies Offer Maximum Upside Potential

    In this series, we’ll look into ten midstream players’ market performances, upside potentials, valuations, and analyst recommendations.

    By Kurt Gallon
  • uploads///EBITDA Margin
    Company & Industry Overviews

    These MLPs Have the Highest Earnings Margins Today

    In this series, we’ll assess the performances of the MLPs with the highest EBITDA (earnings before interest, tax, depreciation, and amortization) margins.

    By Kurt Gallon
  • uploads///anr
    Energy & Utilities

    MLP Rating Updates Last Week

    EnLink Midstream LLC (ENLC), the GP (general partner) of EnLink Midstream Partners (ENLK), was raised by UBS to a “buy.”

    By Kurt Gallon
  • uploads///distribution
    Macroeconomic Analysis

    MLP Distributions Continue to Rise despite Crude Oil Volatility

    Thirty-seven out of 117 MLPs managed to grow their distributions, and 68 MLPs kept their distributions unchanged in 3Q16.

    By Kurt Gallon
  • uploads///SI
    Miscellaneous

    Top Five Midstream Stocks with High Short Interest

    On October 10, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%, the highest among all midstream companies that are part of AMLP.

    By Rabindra Samanta
  • uploads///SI
    Miscellaneous

    Which Midstream Stocks Are Investors Most Bearish On?

    On October 3, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%—the highest among all of the midstream stocks.

    By Rabindra Samanta
  • uploads///psxp is down  percent ytd
    Company & Industry Overviews

    Why PSXP Is Underperforming the MLP Sector in 2016

    Phillips 66 Partners (PSXP) has fallen by 13% so far in 2016. The partnership and its peers have underperformed the MLP sector so far in 2016.

    By Rekha Khandelwal, CFA
  • uploads///U
    Macroeconomic Analysis

    Warm Winter Added Pressure on Heating Oil Prices

    Heating oil prices were at $2.17 per gallon on January 18, which represents a fall of $0.05 per gallon compared to prices for the previous week.

    By Manu Milan
  • uploads///NYMEX Front Month    Crack Spread
    Macroeconomic Analysis

    What’s the Impact of Lower Crude Oil Prices on the Crack Spread?

    The NYMEX front-month 3:2:1 crack spread rose by about 10.6% over the last week, from $13.68 per barrel on December 28, 2015, to $15.14 per barrel on January 4, 2016.

    By Manu Milan
  • uploads///US On Highway Diesel Fuel Price
    Macroeconomic Analysis

    Will Diesel Prices Recover in the Near Future?

    On Monday, December 14, 2015, the EIA’s weekly gasoline and diesel fuel price updates showed that diesel fuel prices averaged $2.33 per gallon on the day.

    By Manu Milan
  • uploads///AMJ returns
    Macroeconomic Analysis

    AMJ Gains 3.8%, Outperforms MLPI in Week Ended October 2

    The JPMorgan Alerian MLP Index ETN (AMJ) gained 3.8% in the week ended October 2. The Alerian MLP Index (AMZ) is AMJ’s underlying index. It rose 3.9% during the same week.

    By Rekha Khandelwal, CFA
  • uploads///gasoline prod
    Macroeconomic Analysis

    Why Did US Gasoline Inventories Increase Last Week?

    US gasoline demand increased from 8.983 MMbpd in the week ending September 11 to 9.215 MMbpd in the week ending September 18.

    By Keisha Bandz
  • uploads///valero energy partners ebitda
    Company & Industry Overviews

    Asset Acquisitions Fuel Valero Energy Partners’ EBITDA Growth

    Valero Energy Partners’ (VLP) YTD total returns are 22%. It’s 2Q15 EBITDA grew 183% year-over-year, increasing from $21 million in 4Q13 to $42.7 million in 2Q15.

    By Rekha Khandelwal, CFA
  • uploads///RMP Revenue
    Company & Industry Overviews

    What Drove Rice Midstream’s Revenue since Its IPO?

    Rice Midstream is a midstream MLP that provides natural gas gathering and compression services to natural gas producers in the Marcellus Shale.

    By Kurt Gallon
  • uploads///Gainers
    Macroeconomic Analysis

    American Midstream: Top Midstream MLP Gainer on August 25

    American Midstream Partners (AMID) was the top gainer among midstream MLPs at the end of trading on Tuesday, August 25. It rose 11.53% yesterday.

    By Kurt Gallon
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.