Valero Energy Partners (VLP) Tops Q3 EPS by 9c
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Valero Energy Partners LP Reports Third Quarter 2018 Results
October 25, 2018 6:34 AM EDTReported 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). Â
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 Partnership reported net cash provided by operating activities of $89 million and distributable cash flow of $88 million. The distribution coverage ratio for the third quarter was 1.6x.
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