Valero Energy‘s (NYSE: VLO) fourth-quarter results were a pretty dull affair. Revenue and earnings were in line with expectations as a weak refining environment and high compliance costs continued to weigh on decent operations at the company level. The one thing that was different, though, was a recent announcement from its subsidiary partnership, Valero Energy Partners (NYSE: VLP), that shows a change in strategy. Here’s a quick look at the results from the quarter and what investors should expect for the rest of 2017.