initial public offerings (IPOs) trading on American exchanges

Wednesday, December 11, 2013

Valero Energy Partners LP (VLP) began trading on the NYSE on 11 December 2013


Valero Energy Partners LP was formed to own, operate, develop and acquire crude oil and refined petroleum products pipelines, terminals and other transportation and logistics assets. The Company’s assets consist of crude oil and refined petroleum products pipeline and terminal systems in the Gulf Coast and Mid-Continent regions of the United States that are integral to the operations of Valero Energy Corporation’s (Valero) refinery located in Port Arthur, Texas, its McKee refinery located in Sunray, Texas, and its refinery located in Memphis, Tennessee. Its assets consist of Port Arthur Logistics System, McKee Products System, and Memphis Logistics System. Port Arthur logistics system is a crude oil and refined petroleum products pipeline and terminal system that supports Valero’s 310,000 barrel per day refinery in Port Arthur, Texas, and consists of Lucas Crude System and Port Arthur Products System.


One Valero Way
United States

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin50.53%48.71%
Operating margin50.83%49.14%
EBITD margin-63.98%
Return on average assets17.86%15.33%
Return on average equity18.35%15.78%

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