More Midstream Attention for This Big-Time Refiner

It's no secret that refiners can benefit from spinning off their midstream assets into master limited partnerships. Valero (NYSE: VLO  ) has indicated that it is considering the same sort of midstream spin-off that its peers have profited from recently. In this video, Fool.com contributor Aimee Duffy explains Valero's midstream history, and why an MLP spin-off is no sure thing.

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  • Report this Comment On September 07, 2013, at 6:34 AM, moweenfarmer wrote:

    Hi Aimee, When do you think PSX is going to do some drop downs to PSXP?

  • Report this Comment On September 09, 2013, at 5:07 PM, XMFAimeeD wrote:

    As much as I would love to speculate, I can't say. It will be interesting to see what PSXP's first move is, now that it's flush with IPO cash.

    Aimee

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