Valero Energy Partners LP (VLP) Financial Statements (2025 and earlier)
Company Profile
Business Address |
, |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 461 - Pipelines, Except Natural Gas (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 42,052 | 71,491 | 80,783 | 236,579 | 375,118 | |||
Cash and cash equivalents | 42,052 | 71,491 | 80,783 | 236,579 | 375,118 | |||
Receivables | 46,496 | 29,541 | 18,088 | 8,499 | 7,150 | |||
Prepaid expense | 720 | 997 | 632 | 727 | 276 | |||
Other undisclosed current assets | 781 | 1,682 | ||||||
Total current assets: | 90,049 | 103,711 | 99,503 | 245,805 | 382,544 | |||
Noncurrent Assets | ||||||||
Property, plant and equipment | 1,416,416 | 865,080 | 747,282 | 348,883 | 272,184 | |||
Other noncurrent assets | 10,887 | 3,118 | 3,322 | 1,385 | 1,714 | |||
Total noncurrent assets: | 1,427,303 | 868,198 | 750,604 | 350,268 | 273,898 | |||
TOTAL ASSETS: | 1,517,352 | 971,909 | 850,107 | 596,073 | 656,442 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 27,339 | 15,259 | 12,230 | 5,351 | 8,447 | |||
Interest and dividends payable | 2,558 | |||||||
Taxes payable | 5,141 | 2,457 | 1,276 | |||||
Accounts payable | 18,633 | 10,652 | 9,264 | 4,297 | 8,289 | |||
Accrued liabilities | 1,007 | 2,150 | 1,690 | 1,054 | 158 | |||
Debt | 913 | 1,200 | 1,048 | |||||
Due to related parties | 202 | 2,016 | ||||||
Other undisclosed current liabilities | 5,781 | 3,764 | 129 | (1,127) | 819 | |||
Total current liabilities: | 33,322 | 19,023 | 13,272 | 7,440 | 10,314 | |||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation, including: | 905,283 | 525,355 | 175,246 | 1,519 | 3,079 | |||
Capital lease obligations | 1,519 | 3,079 | ||||||
Other undisclosed long-term debt and lease obligation | 905,283 | 525,355 | 175,246 | |||||
Liabilities, other than long-term debt | 372,950 | 371,169 | 371,436 | 1,895 | 1,458 | |||
Deferred tax liabilities, net | 320 | 830 | 814 | |||||
Due to related parties | 370,000 | 370,000 | 370,000 | |||||
Other liabilities | 2,950 | 1,169 | 1,116 | 1,065 | 644 | |||
Total noncurrent liabilities: | 1,278,233 | 896,524 | 546,682 | 3,414 | 4,537 | |||
Total liabilities: | 1,311,555 | 915,547 | 559,954 | 10,854 | 14,851 | |||
Equity | ||||||||
Other undisclosed liabilities and equity | 205,797 | 56,362 | 290,153 | 585,219 | 641,591 | |||
TOTAL LIABILITIES AND EQUITY: | 1,517,352 | 971,909 | 850,107 | 596,073 | 656,442 |
Income Statement (P&L) ($ in thousands)
12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
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Revenues | 452,005 | 362,619 | 243,624 | 134,680 | 94,529 | ||
Revenue, net | ✕ | 452,005 | 362,619 | 243,624 | 134,680 | 94,529 | |
Revenue from related parties | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Cost of revenue | (160,819) | (45,965) | (38,203) | (16,451) | (13,073) | ||
Cost of goods and services sold | (52,475) | ||||||
Gross profit: | 291,186 | 316,654 | 205,421 | 118,229 | 81,456 | ||
Operating expenses | (16,156) | (112,080) | (97,439) | (44,049) | (30,229) | ||
Other undisclosed operating loss | (5,500) | ||||||
Operating income: | 275,030 | 204,574 | 107,982 | 68,680 | 51,227 | ||
Nonoperating income (Other Nonoperating income) | 753 | 284 | 223 | 1,504 | 309 | ||
Interest and debt expense | (36,015) | (14,915) | (6,113) | (872) | (198) | ||
Income from continuing operations before income taxes: | 239,768 | 189,943 | 102,092 | 69,312 | 51,338 | ||
Income tax expense | (1,335) | (1,112) | (251) | (548) | (1,187) | ||
Income from continuing operations: | 238,433 | 188,831 | 101,841 | 68,764 | 50,151 | ||
Income before gain (loss) on sale of properties: | 238,433 | 188,831 | 101,841 | 68,764 | 50,151 | ||
Net income: | 238,433 | 188,831 | 101,841 | 68,764 | 50,151 | ||
Other undisclosed net loss attributable to parent | (48,110) | ||||||
Net income attributable to parent: | 238,433 | 188,831 | 101,841 | 68,764 | 2,041 | ||
Preferred stock dividends and other adjustments | (176,451) | (121,590) | (78,597) | (55,492) | |||
Net income available to common stockholders, diluted: | 61,982 | 67,241 | 23,244 | 13,272 | 2,041 |
Comprehensive Income ($ in thousands)
12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|
Net income: | 238,433 | 188,831 | 101,841 | 68,764 | 50,151 | ||
Comprehensive income, net of tax, attributable to parent: | 238,433 | 188,831 | 101,841 | 68,764 | 50,151 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.