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Holly Energy Partners L.P. (HEP)

Stock Price: $21.39 USD 0.29 (1.37%)
Updated Jul 29, 2021 4:00 PM EDT - Market closed
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

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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...

1 week ago - Business Wire

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...

1 month ago - Business Wire

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.

Other stocks mentioned: EPD, FRO, MMP
2 months ago - GuruFocus

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...

2 months ago - Business Wire

4 Oil Pipeline Stocks to Combat the Coronavirus-Led Industry Woes

Other stocks mentioned: ENB, KMI, WMB
3 months ago - Zacks Investment Research

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 ...

3 months ago - Business Wire

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...

Other stocks mentioned: MMP, MTR, OSG, TCP
3 months ago - GuruFocus

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 ...

4 months ago - Business Wire

Let's see if Holly Energy (HEP) stock is a good choice for value-oriented investors right now from multiple angles.

4 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Seeking Alpha

Holly Energy Partners, L.P. (HEP) presents on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

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 ...

8 months ago - Business Wire

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.

Other stocks mentioned: ALLY, KOP, KR
8 months ago - Zacks Investment Research

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.

8 months ago - Zacks Investment Research

HEP has plunged 43% this year due to the pandemic and thus it is now offering an 11.0% forward distribution yield.

9 months ago - Seeking Alpha

Top Ranked Income Stocks to Buy for October 5th

Other stocks mentioned: CIM, EFC, RIO
9 months ago - Zacks Investment Research

Holly Energy Partners, L.P. (HEP) has been struggling lately, but the selling pressure may be coming to an end soon.

9 months ago - Zacks Investment Research

The energy pipeline partnerships represent an attractive option for income-focused investors in the current environment.

Other stocks mentioned: CAPL, GLP
9 months ago - Zacks Investment Research

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...

9 months ago - Business Wire

Top Ranked Income Stocks to Buy for October 1st

Other stocks mentioned: CODI, FRO, RIO
9 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 25th

Other stocks mentioned: FRO, NLY, RC
10 months ago - Zacks Investment Research

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...

10 months ago - Business Wire

Top Ranked Income Stocks to Buy for September 23rd

Other stocks mentioned: BBL, NLY, RIO
10 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 16th

Other stocks mentioned: ATCO, IEP, KRO
10 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 1st

Other stocks mentioned: AB, LAZ
10 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 21st

Other stocks mentioned: MFC, TXN, WDR
11 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in Holly Energy Partners.

11 months ago - Zacks Investment Research

The energy pipeline partnerships represent an attractive investment option for income-focused investors in the current environment.

Other stocks mentioned: CAPL, DKL, GLP, TCP
11 months ago - Zacks Investment Research

Holly Energy Partners, L.P. (HEP) Management on Q2 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE:HEP) today reported financial results for the second quarter of 2020.

11 months ago - Business Wire

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.

Other stocks mentioned: PSX, PSXP, VLO
1 year ago - 24/7 Wall Street

Holly Energy Partners: The 10% Yield Is Safe, But The Old 20% Yield May Never Return

1 year ago - Seeking Alpha

Investors need to pay close attention to Holly Energy Partners (HEP) stock based on the movements in the options market lately.

1 year ago - Zacks Investment Research

5 cheap energy stocks with solid dividend yields. These five energy stocks have plenty of free cash flow to pay their ample dividend yields.

Other stocks mentioned: CVX, EPD, KMI, MPC
1 year ago - InvestorPlace

Holly Energy Partners, L.P. (HEP) Management on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Shares of Holly Energy Partners (NYSE:HEP) were flat in pre-market trading after the company reported Q1 results.

1 year ago - Benzinga

Holly Energy Partners Is An Excellent Prospect

1 year ago - Seeking Alpha

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.

Other stocks mentioned: BPMP, KGC, RGLD, SWN
1 year ago - Zacks Investment Research

The volatility in the energy markets continues.

Other stocks mentioned: OKE, SUN, WMB
1 year ago - The Motley Fool

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.

Other stocks mentioned: EPD, SUN
1 year ago - The Motley Fool

Demand for refined products is evaporating as the global economy shuts down to battle the COVID-19 outbreak.

Other stocks mentioned: MPC, MPLX, PSX, SUN, VLO
1 year ago - The Motley Fool

Holly Energy Partners, L.P. (HEP) Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Holly Energy Partners: Another 12% High-Yield Play

1 year ago - Seeking Alpha

Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull

Other stocks mentioned: ENB, KMI, PBA, WMB
1 year ago - Zacks Investment Research

Holly Energy Partners, L.P. (HEP) CEO George Damiris on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

The high-yielding MLP is finally pressing the pause button after running out of fuel.

1 year ago - The Motley Fool

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$22.20
(3.79% upside)
Analyst Consensus: Buy