News & Videos - VALERO ENERGY PARTNERS LP

Reported net income of $70 million and EBITDA of $104 million. Reported net cash provided by operating activities of $89 million and distributable cash flow of $88 million. Announced merger with Valero Energy Corporation (NYSE: VLO, “Valero”). SAN ANTONIO, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE: VLP, the “Partnership”) today reported third quarter 2018 net income of $70 million, or $0.75 per limited partner common unit, and EBITDA of $104 million. The...

SAN ANTONIO, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today announced that it will host a conference call on October 25, 2018, at 3:00 p.m. ET to discuss third quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at www.valeroenergypartners.com . About Valero...

Reported net income of $64 million and EBITDA of $98 million. Reported net cash provided by operating activities of $89 million and distributable cash flow of $80 million. Declared cash distribution of $0.551 per unit, a 4.5 percent increase over the first quarter 2018, with a distribution coverage ratio of 1.4x. SAN ANTONIO, Texas, July 26, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today reported second quarter 2018 net income of $64 million, or $0.66...

SAN ANTONIO, Texas, July 23, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP) (the “Partnership”), has approved the Partnership’s second quarter 2018 cash distribution of $0.551 per unit. This distribution represents a 4.5 percent increase over the Partnership’s previous quarterly distribution, and is payable on August 13, 2018, to unitholders of record at the close of business on August 3, 2018....

SAN ANTONIO, June 14, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) today announced that it will host a conference call on July 26, 2018, at 3:00 p.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at www.valeroenergypartners.com . About Valero Energy Partners LP Valero...

Reported net income of $66 million and EBITDA of $97 million. Reported net cash provided by operating activities of $86 million and distributable cash flow of $86 million. Increased cash distribution to $0.5275 per unit, a 3.9 percent increase over the fourth quarter 2017, with a distribution coverage ratio of 1.6x. SAN ANTONIO, April 26, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today reported first quarter 2018 net income of $66 million, or $0.72 per...

SAN ANTONIO, April 19, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP) (the “Partnership”), has approved the Partnership’s first quarter 2018 cash distribution of $0.5275 per unit. This distribution represents a 3.9 percent increase over the Partnership’s previous quarterly distribution, and is payable on May 9, 2018, to unitholders of record at the close of business on May 1, 2018. As a...

SAN ANTONIO, March 26, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today announced that it has priced a public offering of $500,000,000 aggregate principal amount of 4.500% senior notes due 2028. The offering is expected to close on March 29, 2018, subject to customary closing conditions. The Partnership intends to use the net proceeds from the offering for general partnership purposes, which may include, among other things, paying or refinancing all or...

SAN ANTONIO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 with the U.S. Securities and Exchange Commission (SEC). The filing can be viewed through a link on the Partnership’s website at www.valeroenergypartners.com or on the SEC’s website at www.sec.gov. The Partnership’s unitholders may also request a printed copy of the report, which contains the...

Reported net income attributable to partners of $58 million and EBITDA attributable to the Partnership of $79 million. Reported net cash provided by operating activities of $79 million and distributable cash flow of $75 million. Increased the cash distribution by 5.5 percent to $0.48 per unit, resulting in a distribution coverage ratio of 1.6x. Announced the acquisitions of the Port Arthur terminal assets and Parkway Pipeline LLC for $508 million, which are expected to close effective November...

SAN ANTONIO, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today announced that the board of directors of its general partner has approved the Partnership’s acquisitions of the Port Arthur terminal assets and Parkway Pipeline LLC (“Parkway Pipeline”) from Valero Energy Corporation (NYSE:VLO) (“Valero”) for total consideration of $508 million. In the first twelve months of operation, the acquired operations are expected to contribute a...

SAN ANTONIO, Oct. 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP), (the “Partnership”), has approved the Partnership’s third quarter 2017 cash distribution of $0.48 per unit. This distribution represents a 5.5 percent increase over the Partnership’s previous quarterly distribution. The distribution is payable on November 9, 2017 to unitholders of record at the close of business on November...

SAN ANTONIO, Sept. 15, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) today announced that it will host a conference call on October 27, 2017 at 10:00 a.m. ET to discuss third quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at www.valeroenergypartners.com . About Valero Energy Partners LP...

Reported net income attributable to partners of $58 million and EBITDA attributable to the Partnership of $80 million. Reported net cash provided by operating activities of $66 million and distributable cash flow of $63 million. Increased cash distribution by 6.4 percent to $0.455 per unit, with distribution coverage ratio of 1.5x. SAN ANTONIO, July 28, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) (the “Partnership”) today reported second quarter 2017 net income attributable...

SAN ANTONIO, July 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP) (“the Partnership”), has approved the Partnership’s second quarter 2017 cash distribution of $0.455 per unit. This distribution represents a 6.4 percent increase over the Partnership’s previous quarterly distribution. The distribution is payable on August 10, 2017 to unitholders of record at the close of business on August 1,...

SAN ANTONIO, June 13, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) today announced that it will host a conference call on July 28, 2017 at 10:00 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on partnership operations. Persons interested in listening to the presentation live via the internet may log on to Valero Energy Partner’s web site at www.valeroenergypartners.com . About Valero Energy Partners LP Valero...

SAN ANTONIO, June 02, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) today announced that members of partnership management will attend the JPMorgan Energy Equity Conference on June 27, 2017. About Valero Energy Partners LP Valero Energy Partners LP is a fee-based master limited partnership formed by Valero Energy Corporation to own, operate, develop and acquire crude oil and refined products pipelines, terminals, and other transportation and logistics assets. With headquarters in...

Reported net income attributable to partners of $58 million and EBITDA attributable to the Partnership of $79 million. Reported net cash provided by operating activities of $75 million and distributable cash flow of $74 million. Increased cash distribution by 5.2 percent to $0.4275 per unit, with distribution coverage ratio of 1.9x. Successfully integrated the previously announced Red River pipeline segment acquisition. SAN ANTONIO, April 28, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP...

SAN ANTONIO, April 20, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP) (the Partnership), has approved the Partnership’s first quarter 2017 cash distribution of $0.4275 per unit. This distribution represents a 5.2 percent increase over the Partnership’s previous quarterly distribution. The distribution is payable on May 11, 2017 to unitholders of record at the close of business on May 2, 2017. This...

SAN ANTONIO, March 22, 2017 (GLOBE NEWSWIRE) -- Valero Energy Partners LP (NYSE:VLP) today announced that members of partnership management will attend the Mizuho Energy Infrastructure Summit on April 3, 2017. About Valero Energy Partners LP Valero Energy Partners LP is a fee-based master limited partnership formed by Valero Energy Corporation to own, operate, develop and acquire crude oil and refined products pipelines, terminals, and other transportation and logistics assets. With headquarters...