4 Reasons That Make Valero Energy (VLP) An Attractive Stock
Zacks Investment Research | Jan 07, 2019 09:47PM ET
Earnings estimates for Valero Energy Partners LP (NYSE:VLP) have been revised upward over the past 30 days, reflecting analysts’ optimism on the stock. The Zacks Consensus Estimate for 2019 earnings has moved 16.5% north to $3.54 per unit.
Valero Energy is engaged in the ownership, development and acquisition of crude oil and refined petroleum products, pipelines, terminals and other transportation and logistics assets. The company's properties are primarily located in the Gulf Coast and Mid-Continent regions of the United States.
Let’s focus on the factors that make Valero Energy a profitable pick at the moment.
Price Movement
In the past six months, Valero Energy’s units have gained 10.1% versus the Zacks Investment Research
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