Holly Energy Partners L.P. (HEP)
| Market Cap | 2.22B |
| Revenue (ttm) | 497.18M |
| Net Income (ttm) | 210.02M |
| Shares Out | 105.44M |
| EPS (ttm) | 1.99 |
| PE Ratio | 10.77 |
| Forward PE | 10.09 |
| Dividend | $1.40 |
| Dividend Yield | 6.55% |
| Trading Day | July 29 |
| Last Price | $21.39 |
| Previous Close | $21.10 |
| Change ($) | 0.29 |
| Change (%) | 1.37% |
| Day's Open | 21.13 |
| Day's Range | 20.94 - 21.41 |
| Day's Volume | 106,812 |
| 52-Week Range | 10.06 - 23.69 |
DALLAS--(BUSINESS WIRE)--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the second quarter of 2021. The distribution will be paid...
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending June 30, 2021 on August 3, 2021, before the opening of trading on th...
Gas prices in the U.S. swelled to over $3 a gallon on Wednesday following the sudden shutdown of the Colonial Pipeline due to a ransomware attack last Friday, leading to shortages along the East Coast.
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) today reported financial results for the first quarter of 2021. Net income attributable to HEP for the first...
4 Oil Pipeline Stocks to Combat the Coronavirus-Led Industry Woes
DALLAS--(BUSINESS WIRE)--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the first quarter of 2021. The distribution will be paid ...
Oil prices rose on Tuesday morning as a result of a drop in the U.S. dollar, making crude more attractive following the over 4% loss incurred on Monday on the prospect of producers returning more than 2...
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending March 31, 2021 on May 4, 2021, before the opening of trading on the ...
Let's see if Holly Energy (HEP) stock is a good choice for value-oriented investors right now from multiple angles.
DALLAS--(BUSINESS WIRE)--On February 24, 2021, Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the f...
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE:HEP) today reported financial results for the fourth quarter of 2020. Net income attributable to HEP for the fourt...
DALLAS--(BUSINESS WIRE)--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the fourth quarter of 2020. The distribution will be paid...
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending December 31, 2020 on February 23, 2021, before the opening of tradin...
After reducing their distributions in early 2020, Holly Energy Partners has sustained its almost 10% yield and is well-positioned heading into 2021. Their operating cash flow has remained very resilient...
Holly Energy Partners, L.P. (HEP) presents on Q3 2020 Results - Earnings Call Transcript
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE:HEP) today reported financial results for the third quarter of 2020. Net income attributable to HEP for the third ...
It's quite nerve-racking to select stocks now as you don't know who will win and what policies might get implemented. Investing in stocks like Ally Financial (ALLY) and Kroger (KR) seems prudent.
Holly Energy Partners' (HEP) minimum volume commitment provision is expected to have put a floor on its cash flows even in the face of the steep drop in commodity prices.
HEP has plunged 43% this year due to the pandemic and thus it is now offering an 11.0% forward distribution yield.
Top Ranked Income Stocks to Buy for October 5th
Holly Energy Partners, L.P. (HEP) has been struggling lately, but the selling pressure may be coming to an end soon.
The energy pipeline partnerships represent an attractive option for income-focused investors in the current environment.
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE:HEP) today announced its wholly-owned subsidiary, Frontier Aspen LLC (“Carrier”), is conducting a binding open season to assess shipper interes...
Top Ranked Income Stocks to Buy for October 1st
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DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending September 30, 2020 on November 4, 2020, before the opening of tradin...
Top Ranked Income Stocks to Buy for September 23rd
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As of late, it has definitely been a great time to be an investor in Holly Energy Partners.
The energy pipeline partnerships represent an attractive investment option for income-focused investors in the current environment.
Holly Energy Partners, L.P. (HEP) Management on Q2 2020 Results - Earnings Call Transcript
DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE:HEP) today reported financial results for the second quarter of 2020.
Summertime always means one thing in the United States: summer vacation. This year is profoundly different around the nation due to the COVID-19 pandemic.
Holly Energy Partners: The 10% Yield Is Safe, But The Old 20% Yield May Never Return
Investors need to pay close attention to Holly Energy Partners (HEP) stock based on the movements in the options market lately.
5 cheap energy stocks with solid dividend yields. These five energy stocks have plenty of free cash flow to pay their ample dividend yields.
Holly Energy Partners, L.P. (HEP) Management on Q1 2020 Results - Earnings Call Transcript
Shares of Holly Energy Partners (NYSE:HEP) were flat in pre-market trading after the company reported Q1 results.
Holly Energy Partners Is An Excellent Prospect
After days of wrangling, major global oil producers agreed on their biggest-ever output cut since the coronavirus pandemic has hammered demand for oil and led to oversupply issues.
The volatility in the energy markets continues.
West Texas crude prices surged 25% on hopes the White House would take economic actions to force OPEC and Russia to back down from threats to flood global markets.
Holly Energy Partners, L.P. (HEP) Q4 2019 Results - Earnings Call Transcript
Holly Energy Partners: Another 12% High-Yield Play
Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull
Holly Energy Partners, L.P. (HEP) CEO George Damiris on Q3 2019 Results - Earnings Call Transcript
The high-yielding MLP is finally pressing the pause button after running out of fuel.
About HEP
Holly Energy Partners, L.P. owns and operates petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities, and refinery processing units that support the refining and marketing operations in Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Idaho, and Washington. It operates through two segments, Pipelines and Terminals, and Refinery Processing Units. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxyge... [Read more...]
| Industry Oil & Gas Midstream | IPO Date Jul 8, 2004 |
| CEO George Damiris | Country United States |
| Stock Exchange NYSE | Ticker Symbol HEP |
Financial Performance
In 2020, HEP's revenue was $497.85 million, a decrease of -6.56% compared to the previous year's $532.78 million. Earnings were $170.48 million, a decrease of -24.19%.
Analyst Forecasts
According to 7 analysts, the average rating for HEP stock is "Buy." The 12-month stock price forecast is 22.20, which is an increase of 3.79% from the latest price.