Holly Energy Partners L.P. (HEP)

NYSE: HEP · IEX Real-Time Price · USD
17.35
-0.13 (-0.74%)
Aug 12, 2022 11:44 AM EDT - Market open
-0.74%
Market Cap 2.19B
Revenue (ttm) 497.05M
Net Income (ttm) 201.16M
Shares Out 126.44M
EPS (ttm) 1.87
PE Ratio 9.28
Forward PE 8.51
Dividend $1.40 (8.07%)
Ex-Dividend Date Jul 29, 2022
Volume 35,310
Open 17.51
Previous Close 17.48
Day's Range 17.29 - 17.57
52-Week Range 15.12 - 20.49
Beta 0.91
Analysts Sell
Price Target 19.04 (+9.7%)
Earnings Date Aug 8, 2022

About HEP

Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. It operates through two segments, Pipelines and Terminals, and Refinery Processing Unit. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport inter... [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Jul 8, 2004
CEO George Damiris
Country United States
Stock Exchange NYSE
Ticker Symbol HEP
Full Company Profile

Financial Performance

In 2021, HEP's revenue was $494.50 million, a decrease of -0.67% compared to the previous year's $497.85 million. Earnings were $214.95 million, an increase of 26.08%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for HEP stock is "Sell." The 12-month stock price forecast is 19.04, which is an increase of 9.74% from the latest price.

Price Target
$19.04
(9.74% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Holly Energy Partners, L.P. Reports Second Quarter Results

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the second quarter of 2022. Net income attributable to HEP for the seco...

3 Master Limited Partnerships to Buy With High Yields

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Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP unit

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 2022. The distribution will be paid...

HF Sinclair Corporation Second Quarter 2022 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending June 30, 2022 on August...

Other symbols: DINO

Holly Energy Partners Second Quarter 2022 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending June 30, 2022 on August...

Other symbols: DINO

Holly Energy Partners, L.P. Reports First Quarter Results

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the first quarter of 2022. Net income attributable to HEP for the first...

HF Sinclair Corporation First Quarter 2022 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending March 31, 2022 on May 9...

Other symbols: DINO

Holly Energy Partners First Quarter 2022 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending March 31, 2022 on May 9...

Other symbols: DINO

Holly Energy Partners, L.P. Announces Pricing of $400 Million of Senior Notes Due 2027

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the “Partnership” or “HEP”) announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partn...

Holly Energy Partners, L.P. Announces Proposed Offering of Senior Notes Due 2027

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the “Partnership”) announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partnership, t...

HollyFrontier and Holly Energy Partners Announce Completion of Transactions with The Sinclair Companies and Establish...

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), today announced the establishment of HF Sinclair Corporation (NYSE: ...

Holly Energy Partners, L.P. Files 2021 Form 10-K

DALLAS--(BUSINESS WIRE)--On February 23, 2022, 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...

3 MLPs Throwing Off Massive 8%-9% Yields

If you've had to fill up your gas tank or heat your home lately (so, most of us), you might have noticed that your wallet is a lot lighter than usual. That's because oil and gas prices have been surging...

Other symbols: EPDMMP

New Strong Sell Stocks for February 24th

AMG, AIN, and HEP have been added to the Zacks Rank #5 (Strong Sell) List on February 24, 2022

Other symbols: AINAMG

Holly Energy Partners, L.P. Reports Fourth Quarter Results

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) today reported financial results for the fourth quarter of 2021. Net income attributable to HEP for the four...

Holly Energy Partners Fourth Quarter 2021 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending December 31, 2021 on February 22, 2022, before the opening of tradin...

Holly Energy Partners, L.P. Reports Third Quarter Results

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the third quarter of 2021. Net income attributable to HEP for the third...

Holly Energy Partners Announces Officer Retirement

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE:HEP) announced today that Mark Cunningham has notified the Board of Directors of Holly Logistic Services, L.L.C. (“HLS”), the ultimate general ...

Holly Energy Partners Third Quarter 2021 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending September 30, 2021 on November 2, 2021, before the opening of tradin...

Holly Energy Partners, L.P. (HEP) Upgraded to Buy: What Does It Mean for the Stock?

Holly Energy Partners, L.P. (HEP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects.

4 Oil Pipeline Stocks Set to Gain Despite Industry Headwinds

Although the midstream energy business is less exposed to coronavirus-induced oil and gas price volatility, the pandemic outbreak has dulled the Zacks Oil and Gas - Production & Pipelines industry outlo...

Other symbols: ENBKMITGS

Holly Energy Partners, L.P. (HEP) Loses 18.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Holly Energy Partners, L.P. (HEP) is technically in oversold territory now, so the heavy selling pressure might have exhausted.

HOLLYFRONTIER INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates HollyFr...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Sinclair Oil Cor...

HollyFrontier Corporation and Holly Energy Partners Announce Combination with Sinclair Oil and Formation of HF Sincla...

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), today announced they have entered into definitive agreements under w...

Holly Energy Partners Second Quarter 2021 Earnings Release and Conference Webcast

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...