Valero Energy Partners LP VLP NYSE

Valero Energy Partners LP (VLP) reported declining year-over-year revenue growth of -3.7% through 2018-12 (TTM revenue vs prior-year TTM). Net income showed solid earnings growth of +10.8% YoY, reaching $64M in the latest quarter. The net profit margin is 224.8%, which is exceptional. The company has maintained profitability in all 4 quarters. The gross margin is 65.8% (high), down 10.4pp vs the prior year. With a market cap data available, MOAT composite score of 43/100 (low competitive position).

Criteria proven by this page:

• GROWTH (58/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 8-year annual history, the company was profitable in 8 of 8 years — a perfect long-term track record
• INCOME (100/100, Pass) — proves strong profitability and pricing power
• MOAT (43/100, Fail) — limited competitive moat based on margins and scale

Overall SharesGrow Score: 73/100 with 3/7 criteria passed.