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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments42,05271,49180,783236,579375,118
Cash and cash equivalents42,05271,49180,783236,579375,118
Receivables46,49629,54118,0888,4997,150
Prepaid expense720997632727276
Other undisclosed current assets7811,682   
Total current assets:90,049103,71199,503245,805382,544
Noncurrent Assets
Property, plant and equipment1,416,416865,080747,282348,883272,184
Other noncurrent assets10,8873,1183,3221,3851,714
Total noncurrent assets:1,427,303868,198750,604350,268273,898
TOTAL ASSETS:1,517,352971,909850,107596,073656,442
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities27,33915,25912,2305,3518,447
Interest and dividends payable2,558    
Taxes payable5,1412,4571,276  
Accounts payable18,63310,6529,2644,2978,289
Accrued liabilities1,0072,1501,6901,054158
Debt   9131,2001,048
Due to related parties202  2,016 
Other undisclosed current liabilities5,7813,764129(1,127)819
Total current liabilities:33,32219,02313,2727,44010,314
Noncurrent Liabilities
Long-term debt and lease obligation, including:905,283525,355175,2461,5193,079
Capital lease obligations    1,5193,079
Other undisclosed long-term debt and lease obligation905,283525,355175,246  
Liabilities, other than long-term debt372,950371,169371,4361,8951,458
Deferred tax liabilities, net   320830814
Due to related parties370,000370,000370,000  
Other liabilities2,9501,1691,1161,065644
Total noncurrent liabilities:1,278,233896,524546,6823,4144,537
Total liabilities:1,311,555915,547559,95410,85414,851
Equity
Other undisclosed liabilities and equity205,79756,362290,153585,219641,591
TOTAL LIABILITIES AND EQUITY:1,517,352971,909850,107596,073656,442

Income Statement (P&L) ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues452,005362,619243,624134,68094,529
Revenue, net452,005362,619243,624134,68094,529
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:291,186316,654205,421118,22981,456
Operating expenses(16,156)(112,080)(97,439)(44,049)(30,229)
Other undisclosed operating loss    (5,500) 
Operating income:275,030204,574107,98268,68051,227
Nonoperating income
(Other Nonoperating income)
7532842231,504309
Interest and debt expense(36,015)(14,915)(6,113)(872)(198)
Income from continuing operations before income taxes:239,768189,943102,09269,31251,338
Income tax expense(1,335)(1,112)(251)(548)(1,187)
Income from continuing operations:238,433188,831101,84168,76450,151
Income before gain (loss) on sale of properties:238,433188,831101,84168,76450,151
Net income:238,433188,831101,84168,76450,151
Other undisclosed net loss attributable to parent     (48,110)
Net income attributable to parent:238,433188,831101,84168,7642,041
Preferred stock dividends and other adjustments(176,451)(121,590)(78,597)(55,492) 
Net income available to common stockholders, diluted:61,98267,24123,24413,2722,041

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:238,433188,831101,84168,76450,151
Comprehensive income, net of tax, attributable to parent:238,433188,831101,84168,76450,151

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.

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