Valero Energy Partners (VLP) Misses Q2 EPS by 6c, Revenue Beats

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Go back to Valero Energy Partners (VLP) Misses Q2 EPS by 6c, Revenue Beats

Valero Energy Partners LP Reports 2017 Second Quarter Results

July 28, 2017 6:55 AM EDT

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 to partners of $58 million, or $0.69 per common limited partner unit, and earnings before interest, income taxes, depreciation, and amortization (EBITDA) attributable to the Partnership of... More