NYSE:HEPHolly Energy Partners Stock Price, Forecast & News

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HEP shares have decreased by 7.2% and is now trading at $13.34.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
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Holly Energy Partners will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Holly Energy Partners, L.P. (NYSE:HEP) posted its earnings results on Wednesday, May, 6th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.04. The pipeline company earned $127.90 million during the quarter, compared to analysts' expectations of $133.77 million. Holly Energy Partners had a return on equity of 41.37% and a net margin of 37.74%. The firm's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS.
View Holly Energy Partners' earnings history.

Holly Energy Partners declared a quarterly dividend on Thursday, July 23rd. Investors of record on Monday, August 3rd will be given a dividend of $0.35 per share on Thursday, August 13th. This represents a $1.40 annualized dividend and a dividend yield of 10.49%. The ex-dividend date is Friday, July 31st.
View Holly Energy Partners' dividend history.

8 brokerages have issued 12 month price targets for Holly Energy Partners' shares. Their forecasts range from $14.00 to $22.00. On average, they anticipate Holly Energy Partners' share price to reach $17.10 in the next year. This suggests a possible upside of 28.2% from the stock's current price.
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News articles about HEP stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Holly Energy Partners earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about Holly Energy Partners.

Some companies that are related to Holly Energy Partners include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Holly Energy Partners investors own include Buckeye Partners (BPL), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Exxon Mobil (XOM), New Residential Investment (NRZ), Enbridge (ENB), Omega Healthcare Investors (OHI), Pfizer (PFE) and Golar LNG Partners (GMLP).

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

Holly Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include UBS Group AG (1.26%), Miller Howard Investments Inc. NY (0.33%), First Trust Advisors LP (0.17%), Arkfeld Wealth Strategies L.L.C. (0.17%), NN Investment Partners Holdings N.V. (0.06%) and Spirit of America Management Corp NY (0.03%). Company insiders that own Holly Energy Partners stock include Eric L Mattson, Kenneth Norwood and Michael Jennings.
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HEP stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Dividend Assets Capital LLC, Spirit of America Management Corp NY, and Red Door Wealth Management LLC.
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HEP stock was acquired by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, NN Investment Partners Holdings N.V., UBS Group AG, Locust Wood Capital Advisers LLC, Sumitomo Mitsui Trust Holdings Inc., Hunter Perkins Capital Management LLC, Arkfeld Wealth Strategies L.L.C., and Vident Investment Advisory LLC.
View insider buying and selling activity for Holly Energy Partners.

Shares of HEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HEP stock can currently be purchased for approximately $13.34.

Holly Energy Partners has a market capitalization of $1.41 billion and generates $532.78 million in revenue each year. The pipeline company earns $224.88 million in net income (profit) each year or $1.87 on an earnings per share basis.

The official website for Holly Energy Partners is www.hollyenergy.com.

Holly Energy Partners' mailing address is 2828 NORTH HARWOOD SUITE 1300, DALLAS TX, 75201. The pipeline company can be reached via phone at 214-871-3555 or via email at [email protected]