It's no secret that refiners can benefit from spinning off their midstream assets into master limited partnerships. Valero (VLO 0.39%) 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.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Valero is thinking about spinning off its midstream assets, but it is by no means a done deal.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Valero Energy
VLO
$135.22
(0.39%)
$0.53
Phillips 66
PSX
$119.85
(0.50%)
$0.60
NuStar Energy
NS
Phillips 66 Partners
PSXP
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
3 Stocks I Plan to Hold for the Next 20 Years
Is Energy Transfer Stock a Buy Now?
ExxonMobil Is One of the Largest Energy Companies by Market Cap. But Is It a Buy?
2 High-Yield Energy Stocks to Buy With $1,000 and Hold Forever
Prediction: These 3 High-Yield Oil Companies Just Secretly Moved to Secure Their Dividends
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.