Valero Energy Partners (VLP) Reports In-Line Q2 EPS

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Go back to Valero Energy Partners (VLP) Reports In-Line Q2 EPS

Valero Energy Partners LP Reports Second Quarter 2018 Results

July 26, 2018 6:37 AM EDT

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 per limited partner common unit, and EBITDA of $98 million.  The Partnership reported net cash provided by operating... More