Valero Energy Partners: 2Q Earnings Snapshot

SAN ANTONIO (AP) _ Valero Energy Partners LP (VLP) on Thursday reported second-quarter profit of $64 million.

The San Antonio-based company said it had net income of 66 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 66 cents per share.

The oil pipeline owner posted revenue of $134.6 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $130.5 million.

Valero Energy Partners shares have dropped slightly more than 7 percent since the beginning of the year. The stock has declined 11 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLP at https://www.zacks.com/ap/VLP