Holly Energy Partners Stock Price, News & Analysis (NYSE:HEP) $20.45 0.00 (0.00%) (As of 12/1/2023) Add Compare Share Share Today's Range$20.45▼$20.4550-Day Range$20.35▼$22.5552-Week Range$15.51▼$23.62VolumeN/AAverage Volume384,703 shsMarket Capitalization$2.59 billionP/E Ratio10.82Dividend Yield6.85%Price Target$20.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Holly Energy Partners MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.6% Downside$20.33 Price TargetShort InterestHealthy3.71% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.52Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth16.93%From $1.89 to $2.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 starsOils/Energy Sector141st out of 209 stocksPipelines, Except Natural Gas Industry5th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingHolly Energy Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.33, Holly Energy Partners has a forecasted downside of 0.6% from its current price of $20.45.Amount of Analyst CoverageHolly Energy Partners has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.71% of the float of Holly Energy Partners has been sold short.Short Interest Ratio / Days to CoverHolly Energy Partners has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Holly Energy Partners has recently increased by 5.77%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHolly Energy Partners is a leading dividend payer. It pays a dividend yield of 6.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHolly Energy Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Holly Energy Partners is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Holly Energy Partners will have a dividend payout ratio of 63.35% next year. This indicates that Holly Energy Partners will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HEP. Previous Next 2.5 News and Social Media Coverage News SentimentHolly Energy Partners has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Holly Energy Partners this week, compared to 1 article on an average week.Search Interest1 people have searched for HEP on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Holly Energy Partners insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.80% of the stock of Holly Energy Partners is held by insiders.Percentage Held by InstitutionsOnly 25.30% of the stock of Holly Energy Partners is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Holly Energy Partners are expected to grow by 16.93% in the coming year, from $1.89 to $2.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Holly Energy Partners is 10.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Holly Energy Partners is 10.82, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.54.Price to Book Value per Share RatioHolly Energy Partners has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Holly Energy Partners Stock (NYSE: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 intermediate feedstocks and crude oils; and oil trunk, gathering, and connection pipelines that delivers crude oil. Holly Energy Partners, L.P. was incorporated in 2004 and is based in Dallas, Texas.Read More HEP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HEP Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Holly Energy Partners (NYSE:HEP)December 1, 2023 | businesswire.comHF Sinclair Corporation Completes Acquisition of Holly Energy Partners, L.P.December 6, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 28, 2023 | finance.yahoo.comHF Sinclair Corporation Stockholders and Holly Energy Partners, L.P. Unitholders Approve Merger TransactionNovember 14, 2023 | businesswire.comHF Sinclair Corporation and Holly Energy Partners, L.P. Announce Results of Early Participation in Exchange Offers and Consent Solicitations for Outstanding Notes of the HEP ...November 13, 2023 | finance.yahoo.comHF Sinclair Corporation and Holly Energy Partners, L.P. Announce Results of Early Participation in Exchange Offers and Consent Solicitations for Outstanding Notes of the HEP Issuers and Extension of the Early Participation Exchange ConsiderationNovember 4, 2023 | finance.yahoo.comHF Sinclair Corporation (NYSE:DINO) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comHolly Energy Partners, L.P. (NYSE:HEP) Q3 2023 Earnings Call TranscriptDecember 6, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 2, 2023 | finance.yahoo.comHolly Energy Partners LP (HEP) Reports 50% Increase in Net Income for Q3 2023November 1, 2023 | benzinga.comHolly Energy Partners's Earnings: A PreviewOctober 30, 2023 | finance.yahoo.comHF Sinclair Corporation and Holly Energy Partners, L.P. Announce Commencement of Private Exchange Offers and Consent Solicitations by HF Sinclair Corporation for Outstanding Notes of Holly Energy Partners, L.P. and Holly Energy Finance Corp.October 26, 2023 | finance.yahoo.comHolly Energy Partners LP's Dividend AnalysisOctober 5, 2023 | thestreet.comTwo Oil Stocks to Buy Even if Crude Oil Prices Slide LowerOctober 4, 2023 | uk.finance.yahoo.comHF Sinclair Corporation and Holly Energy Partners, L.P. Third Quarter 2023 Earnings Release and Conference WebcastOctober 4, 2023 | finance.yahoo.comHolly Energy Partners, L.P. and HF Sinclair Corporation Third Quarter 2023 Earnings Release and Conference WebcastOctober 4, 2023 | msn.comHolly Energy Partners: Operational Excellence As Investment Thesis StrengthensOctober 3, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Holly Energy Partners (HEP) Stock?September 22, 2023 | msn.comHolly Energy Partners: Excellent Prospects Driven By High Economic Leverage On Capital DeployedSeptember 21, 2023 | finance.yahoo.comUnveiling Holly Energy Partners LP (HEP)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 8, 2023 | finance.yahoo.comUnveiling Holly Energy Partners LP (HEP)'s True Worth: Is It Really Priced Right? A ...September 1, 2023 | fool.comHolly Energy Partners (NYSE: HEP)August 25, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Holly Energy PartnersAugust 21, 2023 | benzinga.comShareholder Alert: Ademi LLP investigates whether Holly Energy Partners, L.P. has obtained a Fair Price in its transaction with HF SinclairAugust 18, 2023 | nasdaq.comCitigroup Maintains Holly Energy Partners L.P. - Unit (HEP) Neutral RecommendationAugust 18, 2023 | msn.comHF Sinclair to buy remaining stake in Holly Energy PartnersAugust 16, 2023 | technews.tmcnet.comHEP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Holly Energy Partners, L.P. Is Fair to ShareholdersSee More Headlines Receive HEP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Holly Energy Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 11/10 Dividend10/27/2023Last Earnings11/02/2023Dividend Payable11/10/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:HEP CUSIPN/A CIK1283140 Webwww.hollyenergy.com Phone(214) 871-3555Fax214-871-3560Employees2,020Year Founded2004Price Target and Rating Average Stock Price Target$20.33 High Stock Price Target$22.00 Low Stock Price Target$18.00 Potential Upside/Downside-0.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.89 Trailing P/E Ratio10.82 Forward P/E Ratio10.82 P/E GrowthN/ANet Income$216.78 million Net Margins40.97% Pretax Margin42.74% Return on Equity25.34% Return on Assets8.79% Debt Debt-to-Equity Ratio1.59 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$547.48 million Price / Sales4.72 Cash Flow$2.53 per share Price / Cash Flow8.09 Book Value$7.63 per share Price / Book2.68Miscellaneous Outstanding Shares126,440,000Free Float125,428,000Market Cap$2.59 billion OptionableOptionable Beta0.83 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Michael C. Jennings (Age 57)Chairman, President & CEO of Holly Logistic Services LLC Comp: $3.45MMr. John Wayne Harrison Jr. (Age 44)Senior VP, CFO & Treasurer of Holly Logistic Services LLC Comp: $314.74kMs. Vaishali S. Bhatia (Age 40)Executive VP, General Counsel & Secretary of Holly Logistic Services LLC Comp: $801.28kMr. Robert I. Jamieson (Age 58)Senior VP & COO of Holly Logistic Services LLC Mr. Craig BieryVice President of Investor RelationsMr. Kenneth P. Norwood (Age 57)VP & Controller of Holly Logistic Services LLC Trey SchonterExecutive of Investor RelationsJared HardingInvestor Relations OfficerMore ExecutivesKey CompetitorsNuStar EnergyNYSE:NSDelek Logistics PartnersNYSE:DKLPlains GPNYSE:PAGPGenesis EnergyNYSE:GELAlliance Resource PartnersNASDAQ:ARLPView All CompetitorsInstitutional OwnershipMorgan StanleySold 490,621 shares on 11/16/2023Ownership: 0.809%Alps Advisors Inc.Bought 899,137 shares on 11/15/2023Ownership: 6.232%JPMorgan Chase & Co.Bought 2,197,928 shares on 11/15/2023Ownership: 2.366%Royal Bank of CanadaBought 1,759 shares on 11/15/2023Ownership: 0.026%Glenmede Trust Co. NASold 34,600 shares on 11/15/2023Ownership: 0.025%View All Institutional Transactions HEP Stock Analysis - Frequently Asked Questions Should I buy or sell Holly Energy Partners stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HEP, but not buy additional shares or sell existing shares. View HEP analyst ratings or view top-rated stocks. What is Holly Energy Partners' stock price target for 2024? 2 Wall Street analysts have issued 1 year price targets for Holly Energy Partners' shares. Their HEP share price targets range from $18.00 to $22.00. On average, they expect the company's stock price to reach $20.33 in the next year. This suggests that the stock has a possible downside of 0.6%. View analysts price targets for HEP or view top-rated stocks among Wall Street analysts. How have HEP shares performed in 2023? Holly Energy Partners' stock was trading at $18.12 at the beginning of the year. Since then, HEP stock has increased by 12.9% and is now trading at $20.45. View the best growth stocks for 2023 here. Are investors shorting Holly Energy Partners? Holly Energy Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,650,000 shares, an increase of 5.8% from the October 31st total of 1,560,000 shares. Based on an average trading volume of 455,800 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.7% of the company's shares are sold short. View Holly Energy Partners' Short Interest. When is Holly Energy Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024. View our HEP earnings forecast. How were Holly Energy Partners' earnings last quarter? Holly Energy Partners, L.P. (NYSE:HEP) announced its quarterly earnings data on Thursday, November, 2nd. The pipeline company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.02. The pipeline company had revenue of $158.36 million for the quarter, compared to the consensus estimate of $160.66 million. Holly Energy Partners had a net margin of 40.97% and a trailing twelve-month return on equity of 25.34%. How often does Holly Energy Partners pay dividends? What is the dividend yield for Holly Energy Partners? Holly Energy Partners declared a quarterly dividend on Thursday, October 19th. Shareholders of record on Monday, October 30th will be paid a dividend of $0.35 per share on Friday, November 10th. This represents a $1.40 annualized dividend and a yield of 6.85%. The ex-dividend date of this dividend is Friday, October 27th. Read our dividend analysis for HEP. Is Holly Energy Partners a good dividend stock? Holly Energy Partners (NYSE:HEP) pays an annual dividend of $1.40 per share and currently has a dividend yield of 6.85%. HEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEP will have a dividend payout ratio of 63.35% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HEP. What ETFs hold Holly Energy Partners' stock? ETFs with the largest weight of Holly Energy Partners (NYSE:HEP) stock in their portfolio include Global X MLP ETF (MLPA), Global SuperDividend US ETF (DIV), Alerian MLP ETF (AMLP), InfraCap MLP ETF (AMZA), First Trust North American Energy Infrastructure Fund (EMLP), Arrow Dow Jones Global Yield ETF (GYLD), Multi-Asset Diversified Income Index Fund (MDIV) and Pacer American Energy Independence ETF (USAI). What is Matt Clifton's approval rating as Holly Energy Partners' CEO? 3 employees have rated Holly Energy Partners Chief Executive Officer Matt Clifton on Glassdoor.com. Matt Clifton has an approval rating of 100% among the company's employees. This puts Matt Clifton in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Holly Energy Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Holly Energy Partners investors own include Buckeye Partners (BPL), Energy Transfer (ET), AT&T (T), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Pfizer (PFE), Johnson & Johnson (JNJ), Magellan Midstream Partners (MMP), Verizon Communications (VZ) and Coca-Cola (KO). Who are Holly Energy Partners' major shareholders? Holly Energy Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Alps Advisors Inc. (6.23%), JPMorgan Chase & Co. (2.37%), Blackstone Inc. (2.30%), Mirae Asset Global Investments Co. Ltd. (2.29%), UBS Group AG (1.15%) and Clearbridge Investments LLC (1.08%). Insiders that own company stock include James H Lee and Michael Jennings. View institutional ownership trends. How do I buy shares of Holly Energy Partners? Shares of HEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:HEP) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Holly Energy Partners, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. 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