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

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

Holly Energy Partners, L.P., (HEP) is engaged in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities and refinery processing units in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho and Washington. The Company operates through segments, including pipelines and terminals segment and a refinery processing unit segment. As of December 31, 2016, its pipelines and terminals segment consisted of 24 main pipeline segments; Crude gathering networks in Texas and New Mexico; 10 refined product terminals; one crude terminal; 8,300 track feet of rail storage located at one facility; seven locations with truck and/or rail racks, and Tankage at all six of HollyFrontier Corporation's (HFC's) refining facility locations. As of December 31, 2016, the Company's refinery processing unit segment consisted of five refinery processing units at two of HFC's refining facility locations.

Industry, Sector and Symbol:

Sector: Oils/Energy
Industry: Oil & Gas Pipelines
Sub-Industry: N/A
Symbol: NYSE:HEP
CUSIP: N/A
Web: www.hollyenergy.com

Capitalization:

Market Cap: $2.23 billion
Outstanding Shares: 63,922,000

Average Prices:

50 Day Moving Avg: $35.51
200 Day Moving Avg: $34.34
52 Week Range: $29.53 - $38.09

P/E:

Trailing P/E Ratio: 27.12
Foreward P/E Ratio: 18.10
P/E Growth: 2.34

Sales & Book Value:

Annual Revenue: $405.67 million
Price / Sales: 5.50
Book Value: $8.15 per share
Price / Book: 4.29

Dividend:

Annual Dividend: $2.43
Dividend Yield: 7.2%

Profitability:

EBIDTA: $264.97 million
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%

Misc:

Average Volume: 147,594 shs.
Beta: 0.89
Short Ratio: 3.95

Frequently Asked Questions for Holly Energy Partners, L.P. (NYSE:HEP)

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. declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.62 per share on Monday, May 15th. This represents a $2.48 annualized dividend and a dividend yield of 7.10%. The ex-dividend date is Thursday, May 4th. This is an increase from Holly Energy Partners, L.P.'s previous quarterly dividend of $0.61. View Holly Energy Partners, L.P.'s Dividend History.

How were Holly Energy Partners, L.P.'s earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) posted its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.49 by $0.36. The company had revenue of $105.63 million for the quarter, compared to analyst estimates of $117 million. Holly Energy Partners, L.P. had a return on equity of 40.74% and a net margin of 40.64%. Holly Energy Partners, L.P.'s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 earnings per share. View Holly Energy Partners, L.P.'s Earnings History.

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

5 brokers have issued 12 month target prices for Holly Energy Partners, L.P.'s shares. Their predictions range from $34.00 to $36.00. On average, they expect Holly Energy Partners, L.P.'s stock price to reach $35.25 in the next twelve months. View Analyst Ratings for Holly Energy Partners, L.P..

Who are some of Holly Energy Partners, L.P.'s key competitors?

Some companies that are related to Holly Energy Partners, L.P. include Plains GP Holdings LP (PAGP), NuStar Energy L.P. (NS), TC Pipelines, LP (TCP), Genesis Energy, L.P. (GEL), Tallgrass Energy Partners LP (TEP), EnLink Midstream LLC (ENLC), Valero Energy Partners LP (VLP), Dominion Midstream Partners LP (DM), QEP Resources (QEP), SemGroup Corp (SEMG), Targa Resources Partners LP (NGLS), Franks International NV (FI), Summit Midstream Partners LP (SMLP), Crestwood Equity Partners LP (CEQP), Tallgrass Energy GP LP (TEGP), Western Refining Logistics LP (WNRL), CONE Midstream Partners LP (CNNX) and Crestwood Midstream Partners LP (CMLP).

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

Holly Energy Partners, L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include HOLLYFRONTIER CORP (35.00%), OppenheimerFunds Inc. (10.40%), Goldman Sachs Group Inc. (3.85%), UBS Group AG (2.16%), JPMorgan Chase & Co. (0.99%) and Tiedemann Wealth Management LLC (0.68%). Company insiders that own Holly Energy Partners, L.P. stock include Charles M Iv Darling, Kenneth Norwood, Mark T Cunningham, Michael Jennings and William P Stengel. View Institutional Ownership Trends for Holly Energy Partners, L.P..

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 Goldman Sachs Group Inc., First Trust Advisors LP, UBS Group AG, Tiedemann Wealth Management LLC, Renaissance Technologies LLC, Wells Fargo & Company MN, OppenheimerFunds Inc. and Global Endowment Management LP. Company insiders that have sold Holly Energy Partners, L.P. stock in the last year include Charles M Iv Darling, Michael Jennings and William P Stengel. View Insider Buying and Selling for Holly Energy Partners, L.P..

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 acquired by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Morgan Stanley, Credit Suisse AG, JPMorgan Chase & Co., Bollard Group LLC, Geode Capital Management LLC, Global X Management Co. LLC and Van ECK Associates Corp. Company insiders that have bought Holly Energy Partners, L.P. stock in the last two years include Kenneth Norwood and Michael Jennings. View Insider Buying and Selling for Holly Energy Partners, L.P..

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 $34.93.

Consensus Ratings for Holly Energy Partners, L.P. (NYSE:HEP) (?)

Ratings Breakdown:	1 Sell Rating, 4 Hold Ratings
Consensus Rating:	Hold (Score: 1.80)
Consensus Price Target:	$35.25 (0.92% upside)

Analysts' Ratings History for Holly Energy Partners, L.P. (NYSE:HEP)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
5/4/2017	Bank of America Corp	Downgrade	Buy -> Underperform	$39.00 -> $36.00	High
4/27/2017	Scotiabank	Reiterated Rating	Hold	$34.00	Low
1/12/2017	Raymond James Financial, Inc.	Upgrade	Underperform -> Market Perform		N/A
8/25/2016	Goldman Sachs Group Inc	Reiterated Rating	Neutral	$36.00	N/A
7/7/2016	Barclays PLC	Reiterated Rating	Equal Weight	$35.00	N/A
4/1/2016	Simmons	Reiterated Rating	Overweight		N/A
4/1/2016	Piper Jaffray Companies	Initiated Coverage	Overweight		N/A
9/8/2015	Howard Weil	Boost Price Target	Sector Perform	$34.00 -> $36.00	N/A

(Data available from 5/23/2015 forward)

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

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

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

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/2/2017	Q1 2017	$0.49	$0.13	$117.00 million	$105.63 million	View	Listen
2/21/2017	Q416	$0.51	$0.40	$105.32 million	$112.53 million	View	Listen
11/2/2016	Q316	$0.43	$0.33	$100.08 million	$92.60 million	View	N/A
8/2/2016	Q216	$0.43	$0.45	$97.17 million	$94.90 million	View	N/A
5/3/2016	Q116	$0.45	$0.52	$96.72 million	$102.00 million	View	N/A
2/23/2016	Q415	$0.44	$0.49	$95.56 million	$97.25 million	View	Listen
11/4/2015	Q315	$0.41	$0.40	$89.47 million	$88.40 million	View	N/A
8/4/2015	Q215	$0.34	$0.34	$83.50 million	$83.50 million	View	N/A
5/5/2015	Q115	$0.36	$0.37	$87.23 million	$89.76 million	View	N/A
2/24/2015	Q414	$0.38	$0.33	$84.54 million	$88.40 million	View	N/A
11/4/2014	Q314	$0.33	$0.35	$81.90 million	$82.10 million	View	N/A
8/5/2014	Q214	$0.29	$0.25	$80.11 million	$75.00 million	View	N/A
5/1/2014	Q114	$0.22	$0.27	$77.52 million	$87.00 million	View	N/A
2/20/2014	Q413	$0.21	$0.19	$72.87 million	$77.90 million	View	N/A
10/30/2013	Q313	$0.31	$0.25	$78.60 million	$77.70 million	View	N/A
7/30/2013	Q2 2013	$0.30	$0.23	$75.91 million	$75.28 million	View	N/A
4/30/2013	Q1 2013	$0.33	$0.21	$74.22 million	$74.30 million	View	N/A
2/21/2013	Q4 2012	$0.38	$0.37	$75.70 million	$81.43 million	View	N/A
11/1/2012	Q312	$0.77	$0.68	$70.34 million	$72.50 million	View	N/A
7/31/2012		$0.73	$0.63			View	N/A
4/30/2012		$0.77	$0.60			View	N/A
2/16/2012		$0.66	$0.97			View	N/A
10/27/2011		$0.67	$0.58			View	N/A
7/28/2011		$0.62	$0.69			View	N/A
4/28/2011		$0.55	$0.53			View	N/A
2/15/2011		$0.60	$0.68			View	N/A

(Data available from 1/1/2011 forward)

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

Current Year EPS Consensus Estimate: $1.66 EPS
Next Year EPS Consensus Estimate: $1.93 EPS

Current Dividend Information for Holly Energy Partners, L.P. (NYSE:HEP)

Most Recent Dividend:	5/15/2017
Annual Dividend:	$2.43
Dividend Yield:	6.96%
Dividend Growth:	6.40% (3 Year Average)
Payout Ratio:	135.75% (Trailing 12 Months of Earnings) 146.39% (Based on This Year's Estimates) 125.91% (Based on Next Year's Estimates)
Track Record:	13 Years of Consecutive Dividend Growth

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

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

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
4/27/2017	quarterly	$0.62	6.67%	5/4/2017	5/8/2017	5/15/2017
1/26/2017	quarterly	$0.61	6.42%	2/2/2017	2/6/2017	2/14/2017
10/21/2016	quarterly	$0.60	7.1%	10/27/2016	10/31/2016	11/10/2016
7/22/2016	quarterly	$0.59	6.41%	7/28/2016	8/1/2016	8/12/2016
4/22/2016	quarterly	$0.58	6.52%	4/28/2016	5/2/2016	5/13/2016
1/22/2016	Quarterly	$0.57		1/29/2016	2/2/2016	2/12/2016
10/22/2015	quarterly	$0.56	6.49%	10/29/2015	11/2/2015	11/13/2015
7/23/2015	quarterly	$0.55	6.91%	7/30/2015	8/3/2015	8/14/2015
4/24/2015	quarterly	$0.54	6.27%	5/4/2015	5/6/2015	5/15/2015
10/23/2014	quarterly	$0.52		10/31/2014	11/4/2014	11/14/2014
7/24/2014	quarterly	$0.52	6.11%	7/31/2014	8/4/2014	8/14/2014
4/24/2014	quarterly	$0.51	6.39%	5/1/2014	5/5/2014	5/15/2014
1/23/2014	quarterly	$0.50	5.97%	1/31/2014	2/4/2014	2/14/2014
10/25/2013	quarterly	$0.49	6.16%	10/31/2013	11/4/2013	11/14/2013
7/26/2013	quarterly	$0.49	4.97%	8/1/2013	8/5/2013	8/14/2013
4/26/2013	quarterly	$0.48	4.85%	5/2/2013	5/6/2013	5/15/2013
1/24/2013	quarterly	$0.47	5.15%	1/31/2013	2/4/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Holly Energy Partners, L.P. (NYSE:HEP)

Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 39.79%

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

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

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/6/2017	Charles M Iv Darling	Director	Sell	2,000	$35.50	$71,000.00
2/24/2017	Michael Jennings	Director	Sell	10,000	$35.94	$359,400.00
12/9/2016	William P Stengel	Director	Sell	2,760	$33.17	$91,549.20
3/30/2016	Michael Jennings	CEO	Buy	15,000	$33.30	$499,500.00
3/29/2016	William P Stengel	Director	Sell	1,000	$33.28	$33,280.00
3/1/2016	Michael Jennings	CEO	Buy	1,948	$29.25	$56,979.00
2/29/2016	Michael Jennings	CEO	Buy	6,000	$29.28	$175,680.00
9/30/2015	Kenneth Norwood	VP	Buy	1,000	$27.44	$27,440.00
6/18/2015	Mark T Cunningham	SVP	Sell	5,000	$36.03	$180,150.00
12/17/2014	Kenneth Norwood	VP	Buy	1,000	$29.36	$29,360.00
12/15/2014	Kenneth Norwood	VP	Buy	500	$29.11	$14,555.00
12/2/2014	Doug S Aron	CFO	Buy	1,500	$31.84	$47,760.00
6/20/2014	Michael Jennings	CEO	Buy	1,000	$33.55	$33,550.00
6/13/2014	Doug S Aron	CFO	Buy	3,000	$32.58	$97,740.00
6/5/2014	William P Stengel	Director	Sell	2,208	$35.82	$79,090.56
6/3/2014	Charles M Iv Darling	Director	Sell	1,000	$35.28	$35,280.00
12/9/2013	P Dean Ridenour	Director	Sell	4,996	$31.53	$157,523.88
9/11/2013	Charles M Iv Darling	Director	Sell	1,200	$33.83	$40,596.00
8/13/2013	Denise Clark Mcwatters	SVP	Sell	4,000	$36.53	$146,120.00
6/18/2013	John Gorman	EVP	Buy	61,000	$0.39	$23,790.00
5/10/2013	Bruce R Shaw	President	Buy	7,000	$37.34	$261,380.00
3/22/2013	Corp Hollyfrontier	Insider	Sell	1,875,000	$39.17	$73,443,750.00
11/15/2012	Doug S Aron	CFO	Buy	2,000	$61.24	$122,480.00
8/22/2012	Michael Jennings	Director	Buy	2,000	$67.36	$134,720.00

(Data available from 1/1/2013 forward)

Headline Trends for Holly Energy Partners, L.P. (NYSE:HEP) Latest Headlines for Holly Energy Partners, L.P. (NYSE:HEP)

Source:

Date	Headline
	50 Straight Dividend Hikes, More Coming In 2017 - Buy On The Dip seekingalpha.com - May 20 at 10:01 AM
	Holly Energy Partners Downgraded 2 Notches by BofA/Merrill Lynch finance.yahoo.com - May 11 at 6:16 PM
	Holly Energy Partners LP – Value Analysis (NYSE:HEP) : May 8, 2017 finance.yahoo.com - May 9 at 12:41 PM
	Holly Energy Partners, L.P. (HEP) Stock Rating Lowered by Bank of America Corp www.americanbankingnews.com - May 7 at 1:36 PM
	Holly Energy Partners, L.P. (HEP) Downgraded to Sell at Zacks Investment Research www.americanbankingnews.com - May 5 at 11:26 PM
	Holly Energy Partners, L.P. (HEP) Downgraded by Zacks Investment Research www.americanbankingnews.com - May 5 at 11:16 PM
	Holly Energy Partners LP breached its 50 day moving average in a Bearish Manner : HEP-US : May 5, 2017 finance.yahoo.com - May 5 at 4:14 PM
	Holly Energy Partners, L.P. (HEP) Receives Average Rating of "Hold" from Brokerages www.americanbankingnews.com - May 5 at 2:47 PM
	Edited Transcript of HEP earnings conference call or presentation 2-May-17 8:00pm GMT - Yahoo Finance finance.yahoo.com - May 4 at 10:52 PM
	Holly Energy Partners LP : HEP-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017 finance.yahoo.com - May 4 at 5:50 PM
	Somewhat Positive News Coverage Very Likely to Impact Holly Energy Partners, L.P. (HEP) Share Price www.americanbankingnews.com - May 3 at 10:08 PM
	BRIEF-Holly Energy Partners L.P. reports first quarter results www.reuters.com - May 3 at 8:57 PM
	Edited Transcript of HEP earnings conference call or presentation 2 ... - Yahoo Finance finance.yahoo.com - May 3 at 3:52 PM
	Holly Energy Partners, L.P. (HEP) Ex-Dividend Date Scheduled for May 04, 2017 - Nasdaq www.nasdaq.com - May 3 at 3:52 PM
	Edited Transcript of HEP earnings conference call or presentation 2-May-17 8:00pm GMT finance.yahoo.com - May 3 at 3:52 PM
	Holly Energy Partners' Profits Get Stung by Shutdowns, Debt Payments finance.yahoo.com - May 3 at 3:52 PM
	Holly Energy Partners, L.P. (HEP) Announces Earnings Results www.americanbankingnews.com - May 2 at 4:36 PM
	Holly Energy Partners, L.P. Reports First Quarter Results - Business Wire (press release) www.businesswire.com - May 2 at 4:09 PM
	Holly Energy Partners, L.P. (HEP) seekingalpha.com - May 2 at 10:07 AM
	Holly Energy Partners, L.P. Reports First Quarter Results finance.yahoo.com - May 2 at 10:07 AM
	Scotiabank Reiterates Hold Rating for Holly Energy Partners, L.P. (HEP) www.americanbankingnews.com - April 30 at 8:34 PM
	Holly Energy Partners, L.P. (HEP) Receiving Somewhat Positive News Coverage, Analysis Shows www.americanbankingnews.com - April 30 at 4:32 PM
	Holly Energy Partners, L.P. (HEP) Declares $0.62 Dividend www.americanbankingnews.com - April 28 at 4:27 PM
	BRIEF-Holly Energy Partners increases quarterly distribution www.reuters.com - April 28 at 10:20 AM
	Holly Energy Partners, L.P. (HEP) Receives Daily Media Sentiment Rating of 0.34 www.americanbankingnews.com - April 28 at 12:36 AM
	Holly Energy Partners Increases Quarterly Distribution; 50th Consecutive Quarterly Distribution Increase - Business Wire (press release) www.businesswire.com - April 27 at 6:14 PM
	Holly Energy Partners Increases Quarterly Distribution; 50th Consecutive Quarterly Distribution Increase finance.yahoo.com - April 27 at 6:14 PM
	Holly Energy Partners, L.P. (HEP) Lowered to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 27 at 12:52 AM
	Holly Energy Partners, L.P. (HEP) Cut to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 27 at 12:26 AM
	Holly Energy Partners, L.P. (HEP) Rating Increased to Buy at Zacks Investment Research www.americanbankingnews.com - April 26 at 12:52 AM
	Positive Media Coverage Somewhat Unlikely to Impact Holly Energy Partners, L.P. (HEP) Share Price www.americanbankingnews.com - April 24 at 4:16 PM
	Holly Energy Partners, L.P. (HEP) Receiving Favorable Media Coverage, Report Finds www.americanbankingnews.com - April 17 at 3:23 PM
	Holly Energy Partners, L.P. (HEP) Earning Positive News Coverage, Analysis Shows www.americanbankingnews.com - April 15 at 12:45 AM
	Holly Energy Partners, L.P. (HEP) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - April 10 at 2:30 PM
	Holly Energy Partners First Quarter 2017 Earnings Release and Conference Webcast finance.yahoo.com - April 3 at 6:50 PM
	Holly Energy Partners, L.P. (HEP) Rating Lowered to Strong Sell at Zacks Investment Research www.americanbankingnews.com - March 29 at 9:34 PM
	Holly Energy Partners, L.P. (HEP) Given Hold Rating at Scotiabank www.americanbankingnews.com - March 29 at 8:48 AM
	Shares of HEP Now Oversold - Nasdaq www.nasdaq.com - March 15 at 5:57 PM
	High-Dividend Stock Has 49 Straight Dividend Hikes, Yields 7%, More Hikes Due In 2017 seekingalpha.com - March 11 at 9:06 AM
	5 Things Holly Energy Partners Management Wants You to Know www.fool.com - March 8 at 6:27 PM
	Holly Energy Partners LP breached its 50 day moving average in a Bearish Manner : HEP-US : March 7, 2017 us.rd.yahoo.com - March 7 at 11:15 AM
	HOLLY ENERGY PARTNERS LP Financials finance.yahoo.com - February 28 at 5:47 PM
	Holly Energy Partners, L.P. (HEP) Misses Q4 EPS by 11c www.streetinsider.com - February 22 at 10:50 PM
	Holly Energy Partners, L.P. (HEP) Misses Q4 EPS by 11c - StreetInsider.com www.streetinsider.com - February 22 at 5:50 PM
	HOLLY ENERGY PARTNERS LP Files SEC form 10-K, Annual Report biz.yahoo.com - February 22 at 5:50 PM
	Holly Energy Partners, L.P. Files 2016 Form 10-K finance.yahoo.com - February 22 at 5:50 PM
	BRIEF-Holly Energy Partners posted qtrly total revenues of $112.5 mln www.reuters.com - February 22 at 12:54 PM
	Holly Energy Partners' (HEP) Q4 2016 Results - Earnings Call Transcript seekingalpha.com - February 22 at 12:54 PM
	HOLLY ENERGY PARTNERS LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and biz.yahoo.com - February 22 at 12:54 PM
	6:25 am Holly Energy Partners misses by $0.11, beats on revs finance.yahoo.com - February 22 at 12:54 PM