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)Annual | Quarterly
| 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 128,199 | 100,094 | 71,485 | 42,052 | 115,755 | 87,977 | |||
| Cash and cash equivalent | 128,199 | 100,094 | 71,485 | 42,052 | 115,755 | 87,977 | |||
| Receivables | 46,434 | 45,121 | 46,129 | 46,496 | 35,995 | 35,439 | |||
| Prepaid expense | 659 | 683 | 747 | 720 | 485 | 631 | |||
| Other undisclosed current assets | 873 | 205 | 346 | 781 | 225 | 809 | |||
| Total current assets: | 176,165 | 146,103 | 118,707 | 90,049 | 152,460 | 124,856 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,414,438 | 1,412,686 | 1,415,618 | 1,416,416 | 954,947 | 944,802 | |||
| Other noncurrent assets | 9,678 | 10,059 | 10,440 | 10,887 | 2,743 | 2,759 | |||
| Total noncurrent assets: | 1,424,116 | 1,422,745 | 1,426,058 | 1,427,303 | 957,690 | 947,561 | |||
| TOTAL ASSETS: | 1,600,281 | 1,568,848 | 1,544,765 | 1,517,352 | 1,110,150 | 1,072,417 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 33,810 | 27,048 | 25,883 | 27,339 | 25,654 | 14,291 | |||
| Interest and dividends payable | 7,326 | 6,666 | 6,509 | 2,558 | 6,453 | 976 | |||
| Taxes payable | 7,283 | 5,134 | 2,737 | 5,141 | 3,975 | 2,894 | |||
| Accounts payable | 18,400 | 14,363 | 14,848 | 18,633 | 14,488 | 9,669 | |||
| Accrued liabilities | 801 | 885 | 1,789 | 1,007 | 738 | 752 | |||
| Due to related parties | 304 | 413 | 353 | 202 | 93 | 178 | |||
| Other undisclosed current liabilities | 8,960 | 8,467 | 8,998 | 5,781 | 10,057 | 7,847 | |||
| Total current liabilities: | 43,074 | 35,928 | 35,234 | 33,322 | 35,804 | 22,316 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 989,694 | 989,380 | 989,115 | 905,283 | 525,177 | 525,072 | |||
| Other undisclosed long-term debt and lease obligation | 989,694 | 989,380 | 989,115 | 905,283 | 525,177 | 525,072 | |||
| Liabilities, other than long-term debt | 288,382 | 288,148 | 288,054 | 372,950 | 371,985 | 371,888 | |||
| Due to related parties | 285,000 | 285,000 | 285,000 | 370,000 | 370,000 | 370,000 | |||
| Other liabilities | 3,382 | 3,148 | 3,054 | 2,950 | 1,985 | 1,888 | |||
| Total noncurrent liabilities: | 1,278,076 | 1,277,528 | 1,277,169 | 1,278,233 | 897,162 | 896,960 | |||
| Total liabilities: | 1,321,150 | 1,313,456 | 1,312,403 | 1,311,555 | 932,966 | 919,276 | |||
| Equity | |||||||||
| Other undisclosed liabilities and equity | 279,131 | 255,392 | 232,362 | 205,797 | 177,184 | 153,141 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,600,281 | 1,568,848 | 1,544,765 | 1,517,352 | 1,110,150 | 1,072,417 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 140,590 | 134,627 | 131,942 | 126,304 | 109,340 | 110,545 | ||
| Revenue, net | ✕ | ✕ | ✕ | 131,942 | 126,304 | 109,340 | 110,545 | |
| Revenue from related parties | 140,590 | 134,627 | ✕ | ✕ | ✕ | |||
| Cost of revenue | (51,995) | (52,219) | (49,841) | (47,348) | (38,591) | (12,505) | ||
| Cost of product and service sold | (15,946) | (15,849) | (18,540) | (16,082) | (12,113) | |||
| Gross profit: | 88,595 | 82,408 | 82,101 | 78,956 | 70,749 | 98,040 | ||
| Operating expenses | (4,082) | (4,158) | (4,112) | (4,061) | (4,402) | (30,918) | ||
| Operating income: | 84,513 | 78,250 | 77,989 | 74,895 | 66,347 | 67,122 | ||
| Nonoperating income (Other Nonoperating income) | 610 | 411 | 382 | 207 | 300 | 182 | ||
| Interest and debt expense | (14,348) | (14,271) | (11,908) | (10,428) | (8,747) | (8,551) | ||
| Income from continuing operations before income taxes: | 70,775 | 64,390 | 66,463 | 64,674 | 57,900 | 58,753 | ||
| Income tax expense | (426) | (371) | (384) | (410) | (311) | (310) | ||
| Income from continuing operations: | 70,349 | 64,019 | 66,079 | 64,264 | 57,589 | 58,443 | ||
| Income before gain (loss) on sale of properties: | 70,349 | 64,019 | 66,079 | 64,264 | 57,589 | 58,443 | ||
| Net income attributable to parent: | 70,349 | 64,019 | 66,079 | 64,264 | 57,589 | 58,443 | ||
| Preferred stock dividends and other adjustments | (56,081) | (56,081) | (52,826) | (50,055) | (46,242) | (42,111) | ||
| Net income available to common stockholders, diluted: | 14,268 | 7,938 | 13,253 | 14,209 | 11,347 | 16,332 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 70,349 | 64,019 | 66,079 | 64,264 | 57,589 | 58,443 | ||
| Comprehensive income, net of tax, attributable to parent: | 70,349 | 64,019 | 66,079 | 64,264 | 57,589 | 58,443 | ||
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.