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Holly Energy Partners L.P. (HEP)

Stock Price: $12.71 USD -0.01 (-0.08%)
Updated Oct 19, 2020 11:46 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 1.34B
Revenue (ttm) 510.19M
Net Income (ttm) 229.34M
Shares Out 105.44M
EPS (ttm) 2.18
PE Ratio 5.83
Forward PE 6.44
Dividend $1.40
Dividend Yield 11.01%

Stock Quote

Trading Day Oct 19, 2020
Last Price $12.71
Previous Close $12.72
Change ($) -0.01
Change (%) -0.08%
Day's Open 12.75
Day's Range 12.51 - 12.94
Day's Volume 42,152
52-Week Range 6.57 - 24.59

More Stats

Market Cap 1.34B
Enterprise Value 2.88B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date Jul 31, 2020
Shares Outstanding 105.44M
Float 44.70M
EPS (basic) 2.18
EPS (diluted) 2.18
FCF / Share 2.31
Dividend $1.40
Dividend Yield 11.01%
Earnings Yield 17.15%
FCF Yield 18.17%
Payout Ratio 108.60%
Shares Short 912,558
Short Ratio 3.73
Short % of Float 2.04%
Beta 1.13
PE Ratio 5.83
Forward PE 6.44
P/FCF Ratio 5.50
PS Ratio 2.63
PB Ratio 3.52
Revenue 510.19M
Operating Income 248.07M
Net Income 229.34M
Free Cash Flow 243.57M
Net Cash -1.54B
Net Cash / Share -14.65
Gross Margin 72.68%
Operating Margin 48.62%
Profit Margin 45.00%
FCF Margin 47.74%
ROA 7.13%
ROE 44.19%
ROIC 9.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 5
Overweight 2
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$19.12*
(50.43% upside)
Low
17.0
Current: $12.71
High
22.0
Target: 19.12
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue533506454402359333305293214182
Revenue Growth5.25%11.41%13.01%12.03%7.92%8.97%4.31%36.54%17.64%-
Gross Profit371360317278253226206203150127
Operating Income26425022319517715312913810688.11
Net Income22517919515813710679.4594.1579.8056.32
Shares Outstanding10510570.2959.8758.6658.6658.2555.7045.6744.16
Earnings Per Share2.131.702.281.691.601.200.881.291.381.00
EPS Growth25.29%-25.44%34.91%5.62%33.33%36.36%-31.78%-6.52%38%-
Dividend Per Share2.682.632.512.322.172.041.931.811.721.64
Dividend Growth2.02%4.99%7.97%7.01%6.07%6.18%6.47%5.12%4.88%-
Operating Cash Flow29729523824423118518316198.91105
Capital Expenditures-30.11-47.30-44.81-59.70-193-199-56.61-42.86-206-107
Free Cash Flow26724819418438.32-13.43126118-107-1.79
Cash & Equivalents13.293.057.783.6615.012.836.355.246.370.40
Total Debt1,5391,4211,5071,2441,009867808865606492
Net Cash / Debt-1,526-1,418-1,500-1,240-994-864-801-859-600-491
Assets2,1992,1032,1541,8841,7781,4391,3831,3941,399643
Liabilities1,7111,5871,6691,4121,151989916941662534
Book Value381427394378532355369353639109
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Holly Energy Partners L.P.
Country United States
CEO Michael C. Jennings

Stock Information

Ticker Symbol HEP
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Midstream
Unique Identifier NYSE: HEP
IPO Date July 8, 2004

Description

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 of HollyFrontier Corporation in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, 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 oxygenate blending, as well as distillates, such as high- and low-sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils; and oil trunk, gathering, and connection pipelines that delivers crude oil. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 31,800 track feet of rail storage; 7 locations with truck and/or rail racks; and tankages at 6 refining facility locations, as well as 5 refinery processing units. HEP Logistics Holdings, L.P. serves as the general partner of the company. Holly Energy Partners, L.P. was founded in 2004 and is based in Dallas, Texas.