Holly Energy Partners, L.P. Company Profile (NYSE:HEP)

About Holly Energy Partners, L.P.

Holly Energy Partners, L.P. logoHolly Energy Partners, L.P., (HEP) is engaged in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals and loading rack facilities. The Company operates in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho and Washington. The Company's assets include pipelines; refined product terminals and refinery tankage, and refinery processing units. Holly Logistic Services, L.L.C. (HLS) is a subsidiary of HollyFrontier Corporation (HFC), which is the general partner of HEP and manages HEP. The Company owns and operates petroleum product and crude pipelines, terminal, tankage and loading rack facilities, and refinery processing units that support the refining and marketing operations of HFC in the Mid-Continent, Southwest and Rocky Mountain regions of the United States and Alon USA, Inc.'s (Alon) refinery in Big Spring, Texas.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: HEP
  • CUSIP:
Key Metrics:
  • Previous Close: $36.53
  • 50 Day Moving Average: $36.05
  • 200 Day Moving Average: $33.52
  • 52-Week Range: $28.50 - $38.09
  • Trailing P/E Ratio: 20.14
  • Foreward P/E Ratio: 17.89
  • P/E Growth: 2.21
  • Market Cap: $2.27B
  • Outstanding Shares: 62,780,000
  • Beta: 0.89
Profitability:
  • Net Margins: 40.64%
  • Return on Equity: 40.74%
  • Return on Assets: 9.93%
Debt:
  • Debt-to-Equity Ratio: 2.78%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to Holly Energy Partners, L.P.:

Analyst Ratings

Consensus Ratings for Holly Energy Partners, L.P. (NYSE:HEP) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $36.33 (0.56% upside)

Analysts' Ratings History for Holly Energy Partners, L.P. (NYSE:HEP)
Show:
DateFirmActionRatingPrice TargetDetails
1/12/2017Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformView Rating Details
9/20/2016Bank of America CorpSet Price TargetBuy$38.00View Rating Details
8/25/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$36.00View Rating Details
7/7/2016Barclays PLCReiterated RatingEqual Weight$35.00View Rating Details
4/1/2016SimmonsReiterated RatingOverweightView Rating Details
4/1/2016Piper Jaffray CompaniesInitiated CoverageOverweightView Rating Details
9/8/2015ScotiabankReiterated RatingSector Perform$34.00 -> $36.00View Rating Details
9/8/2015Howard WeilBoost Price TargetSector Perform$34.00 -> $36.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Holly Energy Partners, L.P. (NYSE:HEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/21/2017Q416$0.51$0.40$105.32 million$112.53 millionViewListenView Earnings Details
11/2/2016Q316$0.44$0.33$100.08 million$92.60 millionViewN/AView Earnings Details
8/2/2016Q216$0.43$0.45$97.17 million$94.90 millionViewN/AView Earnings Details
5/3/2016Q116$0.45$0.52$96.72 million$102.00 millionViewN/AView Earnings Details
2/23/2016Q415$0.44$0.49$95.56 million$97.25 millionViewListenView Earnings Details
11/4/2015Q315$0.41$0.40$89.47 million$88.40 millionViewN/AView Earnings Details
8/4/2015Q215$0.34$0.34$83.50 million$83.50 millionViewN/AView Earnings Details
5/5/2015Q115$0.36$0.37$87.23 million$89.76 millionViewN/AView Earnings Details
2/24/2015Q414$0.38$0.33$84.54 million$88.40 millionViewN/AView Earnings Details
11/4/2014Q314$0.33$0.35$81.90 million$82.10 millionViewN/AView Earnings Details
8/5/2014Q214$0.30$0.25$80.11 million$75.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.22$0.27$77.52 million$87.00 millionViewN/AView Earnings Details
2/20/2014Q413$0.21$0.19$72.87 million$77.90 millionViewN/AView Earnings Details
10/30/2013Q313$0.31$0.25$78.60 million$77.70 millionViewN/AView Earnings Details
7/30/2013Q2 2013$0.30$0.23$75.91 million$75.28 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.33$0.21$74.22 million$74.30 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.38$0.37$75.70 million$81.43 millionViewN/AView Earnings Details
11/1/2012Q312$0.77$0.68$70.34 million$72.50 millionViewN/AView Earnings Details
7/31/2012$0.73$0.63ViewN/AView Earnings Details
4/30/2012$0.77$0.60ViewN/AView Earnings Details
2/16/2012$0.66$0.97ViewN/AView Earnings Details
10/27/2011$0.67$0.58ViewN/AView Earnings Details
7/28/2011$0.62$0.69ViewN/AView Earnings Details
4/28/2011$0.55$0.53ViewN/AView Earnings Details
2/15/2011$0.60$0.68ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Holly Energy Partners, L.P. (NYSE:HEP)
Current Year EPS Consensus Estimate: $1.90 EPS
Next Year EPS Consensus Estimate: $2.02 EPS

Dividends

Current Dividend Information for Holly Energy Partners, L.P. (NYSE:HEP)
Annual Dividend:$2.43
Dividend Yield:6.73%
Dividend Growth:6.40% (3 Year Average)
Payout Ratio:135.75% (Based on Trailing 12 Months of Earnings)
127.89% (Based on Current Year Consensus EPS Estimate)
120.30% (Based on Next Year Consensus EPS Estimate)
Track Record:13 Years of Consecutive Dividend Growth

Dividend History for Holly Energy Partners, L.P. (NYSE:HEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/26/2017quarterly$0.616.42%2/2/20172/6/20172/14/2017
10/21/2016quarterly$0.607.1%10/27/201610/31/201611/10/2016
7/22/2016quarterly$0.596.41%7/28/20168/1/20168/12/2016
4/22/2016quarterly$0.586.52%4/28/20165/2/20165/13/2016
1/22/2016Quarterly$0.571/29/20162/2/20162/12/2016
10/22/2015quarterly$0.566.49%10/29/201511/2/201511/13/2015
7/23/2015quarterly$0.556.91%7/30/20158/3/20158/14/2015
4/24/2015quarterly$0.546.27%5/4/20155/6/20155/15/2015
10/23/2014quarterly$0.5210/31/201411/4/201411/14/2014
7/24/2014quarterly$0.526.11%7/31/20148/4/20148/14/2014
4/24/2014quarterly$0.516.39%5/1/20145/5/20145/15/2014
1/23/2014quarterly$0.505.97%1/31/20142/4/20142/14/2014
10/25/2013quarterly$0.496.16%10/31/201311/4/201311/14/2013
7/26/2013quarterly$0.494.97%8/1/20138/5/20138/14/2013
4/26/2013quarterly$0.484.85%5/2/20135/6/20135/15/2013
1/24/2013quarterly$0.475.15%1/31/20132/4/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Holly Energy Partners, L.P. (NYSE:HEP)
Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 39.79%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/9/2016William P StengelDirectorSell2,760$33.17$91,549.20View SEC Filing  
3/30/2016Michael JenningsCEOBuy15,000$33.30$499,500.00View SEC Filing  
3/29/2016William P StengelDirectorSell1,000$33.28$33,280.00View SEC Filing  
3/1/2016Michael JenningsCEOBuy1,948$29.25$56,979.00View SEC Filing  
2/29/2016Michael JenningsCEOBuy6,000$29.28$175,680.00View SEC Filing  
9/30/2015Kenneth NorwoodVPBuy1,000$27.44$27,440.00View SEC Filing  
6/18/2015Mark T CunninghamSVPSell5,000$36.03$180,150.00View SEC Filing  
12/17/2014Kenneth NorwoodVPBuy1,000$29.36$29,360.00View SEC Filing  
12/15/2014Kenneth NorwoodVPBuy500$29.11$14,555.00View SEC Filing  
12/2/2014Doug S AronCFOBuy1,500$31.84$47,760.00View SEC Filing  
6/20/2014Michael JenningsCEOBuy1,000$33.55$33,550.00View SEC Filing  
6/13/2014Doug S AronCFOBuy3,000$32.58$97,740.00View SEC Filing  
6/5/2014William P StengelDirectorSell2,208$35.82$79,090.56View SEC Filing  
6/3/2014Charles M Iv DarlingDirectorSell1,000$35.28$35,280.00View SEC Filing  
12/9/2013P Dean RidenourDirectorSell4,996$31.53$157,523.88View SEC Filing  
9/11/2013Charles M Iv DarlingDirectorSell1,200$33.83$40,596.00View SEC Filing  
8/13/2013Denise Clark McwattersSVPSell4,000$36.53$146,120.00View SEC Filing  
6/18/2013John GormanEVPBuy61,000$0.39$23,790.00View SEC Filing  
5/10/2013Bruce R ShawPresidentBuy7,000$37.34$261,380.00View SEC Filing  
3/22/2013Corp HollyfrontierInsiderSell1,875,000$39.17$73,443,750.00View SEC Filing  
11/15/2012Doug S AronCFOBuy2,000$61.24$122,480.00View SEC Filing  
8/22/2012Michael JenningsDirectorBuy2,000$67.36$134,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Holly Energy Partners, L.P. (NYSE:HEP)
DateHeadline
News IconWatching Stock Levels for Holly Energy Partners, LP (NYSE:HEP) - Providence Standard (NYSE:HEP)
providencestandard.com - February 24 at 6:56 PM
4-traders.com logoHolly Energy Partners L P : LP Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-K) (NYSE:HEP)
www.4-traders.com - February 22 at 10:50 PM
streetinsider.com logoHolly Energy Partners, L.P. (HEP) Misses Q4 EPS by 11c (NYSE:HEP)
www.streetinsider.com - February 22 at 10:50 PM
News IconWhat The Charts Are Saying About Holly Energy Partners, LP (NYSE:HEP) - Searcy News (NYSE:HEP)
searcysentinel.com - February 22 at 5:50 PM
News IconWatching Stock Levels for Holly Energy Partners, LP (NYSE:HEP) - The Standard (NYSE:HEP)
6milestandard.com - February 22 at 5:50 PM
streetinsider.com logoHolly Energy Partners, L.P. (HEP) Misses Q4 EPS by 11c - StreetInsider.com (NYSE:HEP)
www.streetinsider.com - February 22 at 5:50 PM
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 10-K, Annual Report (NYSE:HEP)
biz.yahoo.com - February 22 at 5:50 PM
finance.yahoo.com logoHolly Energy Partners, L.P. Files 2016 Form 10-K (NYSE:HEP)
finance.yahoo.com - February 22 at 5:50 PM
News IconIs Holly Energy Partners LP (HEP) In Sound Financial Health? (NYSE:HEP)
simplywall.st - February 22 at 12:54 PM
reuters.com logoBRIEF-Holly Energy Partners posted qtrly total revenues of $112.5 mln (NYSE:HEP)
www.reuters.com - February 22 at 12:54 PM
marketexclusive.com logoHOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) Files An 8-K Results of Operations and Financial Condition (NYSE:HEP)
marketexclusive.com - February 22 at 12:54 PM
seekingalpha.com logoHolly Energy Partners' (HEP) Q4 2016 Results - Earnings Call Transcript (NYSE:HEP)
seekingalpha.com - February 22 at 12:54 PM
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:HEP)
biz.yahoo.com - February 22 at 12:54 PM
finance.yahoo.com logo6:25 am Holly Energy Partners misses by $0.11, beats on revs (NYSE:HEP)
finance.yahoo.com - February 22 at 12:54 PM
finance.yahoo.com logoHolly Energy Partners, L.P. Reports Fourth Quarter Results (NYSE:HEP)
finance.yahoo.com - February 22 at 12:54 PM
biz.yahoo.com logoQ4 2016 Holly Energy Partners LP Earnings Release - Before Market Open (NYSE:HEP)
biz.yahoo.com - February 22 at 12:54 PM
capitalcube.com logoHolly Energy Partners LP :HEP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 (NYSE:HEP)
www.capitalcube.com - February 22 at 12:54 PM
finance.yahoo.com logoNewfield Exploration (NFX) Beats on Q4 Earnings, Revenues (NYSE:HEP)
finance.yahoo.com - February 22 at 12:54 PM
finance.yahoo.com logoEnbridge Energy (EEP) Q4 Earnings & Revenues Beat Estimates (NYSE:HEP)
finance.yahoo.com - February 20 at 10:49 AM
nasdaq.com logoSpectra Energy (SE) Earnings, Revenues Miss Q4 Estimates - Nasdaq - Nasdaq (NYSE:HEP)
www.nasdaq.com - February 19 at 5:02 PM
us.rd.yahoo.com logoSpectra Energy (SE) Earnings, Revenues Miss Q4 Estimates (NYSE:HEP)
us.rd.yahoo.com - February 17 at 4:14 PM
finance.yahoo.com logoCimarex (XEC) Earnings and Revenues Beat Estimates in Q4 (NYSE:HEP)
finance.yahoo.com - February 16 at 5:35 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for February 16th (NYSE:HEP)
finance.yahoo.com - February 16 at 5:35 PM
News IconKeeping an Eye on Shares of Holly Energy Partners, LP (NYSE:HEP) - Midway Monitor (NYSE:HEP)
midwaymonitor.com - February 14 at 11:56 PM
News IconStock Update for Holly Energy Partners, LP (NYSE:HEP) - Davidson Register (NYSE:HEP)
davidsonregister.com - February 13 at 11:32 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Holly Energy Partners, L.P. (NYSE:HEP)? - Wall Street Beacon (NYSE:HEP)
wsbeacon.com - February 1 at 6:23 PM
nasdaq.com logoMoving Average Crossover Alert: Holly Energy Partners (HEP) - Nasdaq (NYSE:HEP)
www.nasdaq.com - February 1 at 6:23 PM
nasdaq.com logoHolly Energy Partners, L.P. (HEP) Ex-Dividend Date Scheduled for February 02, 2017 - Nasdaq (NYSE:HEP)
www.nasdaq.com - February 1 at 6:23 PM
finance.yahoo.com logoMoving Average Crossover Alert: Holly Energy Partners (HEP) (NYSE:HEP)
finance.yahoo.com - February 1 at 6:23 PM
News IconShare Focus: Checking the Indicators on Holly Energy Partners L.P (HEP) - Market Point (NYSE:HEP)
mtptnews.com - January 31 at 6:21 PM
nasdaq.com logoReminder - Holly Energy Partners (HEP) Goes Ex-Dividend Soon - Nasdaq (NYSE:HEP)
www.nasdaq.com - January 31 at 6:21 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: Holly Energy Partners, L.P. (NYSE:HEP) - Wall Street Beacon (NYSE:HEP)
wsbeacon.com - January 30 at 11:23 PM
News IconAre Analysts Predicting a Near-Term Upswing For Holly Energy Partners, L.P. (NYSE:HEP)? - Wall Street Beacon (NYSE:HEP)
wsbeacon.com - January 30 at 11:23 PM
News IconTrading Circle: Narrowing in on Shares of Holly Energy Partners, L.P. (NYSE:HEP) - The Tribune (NYSE:HEP)
lakecitytribune.com - January 29 at 10:43 PM
News IconRSI Watch on Shares of Holly Energy Partners L.P (HEP) - Rives Journal (NYSE:HEP)
rivesjournal.com - January 29 at 10:43 PM
News IconHollyFrontier Corporation And Holly Energy Partners Announce Senior Management Changes Relating To Pending ... - Hydrocarbon Online (press release) (NYSE:HEP)
www.hydrocarbononline.com - January 28 at 5:48 PM
News IconTechnical Buzz on Holly Energy Partners, LP (NYSE:HEP) - The Tribune (NYSE:HEP)
lakecitytribune.com - January 28 at 5:48 PM
4-traders.com logoHolly Energy Partners L P : Increases Quarterly Distribution; 49th Consecutive Quarterly Distribution Increase (NYSE:HEP)
www.4-traders.com - January 27 at 7:35 PM
us.rd.yahoo.com logo4:15 pm Holly Energy Partners increases quarterly distribution to $0.6075/unit from $0.595/unit (NYSE:HEP)
us.rd.yahoo.com - January 27 at 12:17 AM
us.rd.yahoo.com logoHolly Energy Partners Increases Quarterly Distribution; 49th Consecutive Quarterly Distribution Increase (NYSE:HEP)
us.rd.yahoo.com - January 27 at 12:17 AM
News IconWill This Stock Move with Earnings? The Sell-side chimes in on Holly Energy Partners, L.P. (NYSE:HEP) Shares - Aiken Advocate (NYSE:HEP)
aikenadvocate.com - January 26 at 7:15 PM
businesswire.com logoHolly Energy Partners Increases Quarterly Distribution; 49th Consecutive Quarterly Distribution Increase - Business Wire (press release) (NYSE:HEP)
www.businesswire.com - January 26 at 7:15 PM
investornewswire.com logoStrong Sell Recommendations Of Holly Energy Partners, L.P. (NYSE:HEP) At 0 - Investor Newswire (NYSE:HEP)
www.investornewswire.com - January 26 at 5:05 AM
News IconEarnings in Full Force, Analysts Take Aim at Holly Energy Partners, L.P. (NYSE:HEP) - Wall Street Beacon (NYSE:HEP)
wsbeacon.com - January 25 at 7:03 PM
streetinsider.com logoForm SC 13G HOLLY ENERGY PARTNERS Filed by: FIRST TRUST PORTFOLIOS LP (NYSE:HEP)
www.streetinsider.com - January 25 at 4:28 AM
News IconWilliams %R Check on Shares of Holly Energy Partners L.P (HEP) - Sherwood Daily (NYSE:HEP)
sherwooddaily.com - January 17 at 3:40 PM
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Fin (NYSE:HEP)
biz.yahoo.com - January 13 at 6:49 PM
finance.yahoo.com logoHolly Energy Partners upgraded by Raymond James (NYSE:HEP)
finance.yahoo.com - January 12 at 6:05 PM
finance.yahoo.com logoHolly Energy Partners Fourth Quarter 2016 Earnings Release and Conference Webcast (NYSE:HEP)
finance.yahoo.com - January 12 at 6:05 PM
News IconROIC Focus on Shares of Holly Energy Partners, L.P. (NYSE:HEP) - Wall Street Beacon (NYSE:HEP)
wsbeacon.com - January 12 at 4:19 AM

Social

What is Holly Energy Partners, L.P.'s stock symbol?

Holly Energy Partners, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEP."

How often does Holly Energy Partners, L.P. pay dividends? What is the dividend yield for Holly Energy Partners, L.P.?

Holly Energy Partners, L.P. announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Monday, February 6th will be given a dividend of $0.6075 per share on Tuesday, February 14th. This represents a $2.43 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date of this dividend is Thursday, February 2nd. This is a boost from Holly Energy Partners, L.P.'s previous quarterly dividend of $0.60.

Where is Holly Energy Partners, L.P.'s stock going? Where will Holly Energy Partners, L.P.'s stock price be in 2017?

6 brokers have issued 1 year price objectives for Holly Energy Partners, L.P.'s shares. Their predictions range from $35.00 to $38.00. On average, they expect Holly Energy Partners, L.P.'s stock price to reach $36.33 in the next twelve months.

When will Holly Energy Partners, L.P. announce their earnings?

Holly Energy Partners, L.P. is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Holly Energy Partners, L.P. stock?

Holly Energy Partners, L.P.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Energy Income Partners LLC (9.57%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.29%), RR Advisors LLC (0.26%), Advisory Research Inc. (0.22%), Guggenheim Capital LLC (0.18%) and Rafferty Asset Management LLC (0.13%). Company insiders that own Holly Energy Partners, L.P. stock include Kenneth Norwood, Mark T Cunningham, Michael Jennings and William P Stengel.

Who sold Holly Energy Partners, L.P. stock? Who is selling Holly Energy Partners, L.P. stock?

Holly Energy Partners, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including RR Advisors LLC, Guggenheim Capital LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Envestnet Asset Management Inc., Van ECK Associates Corp and Ladenburg Thalmann Financial Services Inc..

Who bought Holly Energy Partners, L.P. stock? Who is buying Holly Energy Partners, L.P. stock?

Holly Energy Partners, L.P.'s stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Renaissance Technologies LLC, GSA Capital Partners LLP, Richard C. Young & CO. LTD., Rafferty Asset Management LLC, Radnor Capital Management LLC, Friedberg Investment Management and United Capital Financial Advisers LLC. Company insiders that have bought Holly Energy Partners, L.P. stock in the last two years include Kenneth Norwood and Michael Jennings.

How do I buy Holly Energy Partners, L.P. stock?

Shares of Holly Energy Partners, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Holly Energy Partners, L.P. stock cost?

One share of Holly Energy Partners, L.P. stock can currently be purchased for approximately $36.13.

Holly Energy Partners, L.P. (NYSE:HEP) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Holly Energy Partners, L.P. (NYSE:HEP)

Earnings History Chart

Earnings by Quarter for Holly Energy Partners, L.P. (NYSE:HEP)

Dividend History Chart

Dividend Payments by Quarter for Holly Energy Partners, L.P. (NYSE:HEP)

Last Updated on 2/25/2017 by MarketBeat.com Staff