Media stories about Valero Energy Partners (NYSE:VLP) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Valero Energy Partners earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news headlines about the pipeline company an impact score of 46.5162702582375 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Valero Energy Has Become A ‘Show Me’ Story Now (finance.yahoo.com)
- Valero Energy Partners (VLP) & Its Rivals Head-To-Head Contrast (americanbankingnews.com)
- Contrasting Valero Energy Partners (VLP) and Rose Rock Midstream (RRMS) (americanbankingnews.com)
- 3 Dividend Stocks to Buy on Sale (finance.yahoo.com)
A number of equities research analysts have recently weighed in on VLP shares. Zacks Investment Research downgraded Valero Energy Partners from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. ValuEngine downgraded Valero Energy Partners from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Scotiabank set a $51.00 price target on Valero Energy Partners and gave the stock a “buy” rating in a research note on Saturday, July 22nd. Finally, BidaskClub raised Valero Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $53.25.
Valero Energy Partners (NYSE:VLP) opened at 43.62 on Wednesday. Valero Energy Partners has a 52 week low of $38.90 and a 52 week high of $51.00. The company has a market capitalization of $2.97 billion, a P/E ratio of 14.44 and a beta of 0.74. The company has a 50 day moving average price of $43.13 and a 200-day moving average price of $45.02.
Valero Energy Partners (NYSE:VLP) last released its earnings results on Friday, July 28th. The pipeline company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.03). Valero Energy Partners had a return on equity of 266.53% and a net margin of 55.29%. The company had revenue of $110.50 million for the quarter, compared to the consensus estimate of $107.14 million. During the same quarter in the previous year, the company posted $0.67 EPS. The business’s revenue was up 26.0% on a year-over-year basis. On average, equities analysts anticipate that Valero Energy Partners will post $3.00 earnings per share for the current fiscal year.
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Valero Energy Partners Company Profile
Valero Energy Partners LP owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company’s assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries.
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