Valero Energy Partners LP

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.”

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

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.”

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

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.

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

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

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

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

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

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

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

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

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 […]

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).

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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

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.

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

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

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

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

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.

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

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.