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

About Holly Energy Partners, L.P.

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 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: $34.26
50 Day Moving Average: $32.98
200 Day Moving Average: $33.78
52-Week Range: $21.44 - $36.99
Trailing P/E Ratio: 18.29
Foreward P/E Ratio: 16.71
P/E Growth: 1.95
Market Cap: $2.02B
Outstanding Shares: 59,101,000
Beta: 0.84

Additional Links:

Companies Related to Holly Energy Partners, L.P.:

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

Ratings Breakdown:	1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:	Hold (Score: 2.33)
Consensus Price Target:	$36.33 (6.05% upside)

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

Show:

Date	Firm	Action	Rating	Price Target
9/20/2016	Bank of America Corp.	Set Price Target	Buy	$38.00
8/25/2016	Goldman Sachs Group Inc.	Reiterated Rating	Neutral	$36.00
7/7/2016	Barclays PLC	Reiterated Rating	Equal Weight	$35.00
4/27/2016	Raymond James Financial Inc.	Downgrade	Market Perform -> Underperform
4/1/2016	Simmons	Reiterated Rating	Overweight
4/1/2016	Piper Jaffray Cos.	Initiated Coverage	Overweight
9/8/2015	Scotiabank	Reiterated Rating	Sector Perform	$34.00 -> $36.00
9/8/2015	Howard Weil	Boost Price Target	Sector Perform	$34.00 -> $36.00

(Data available from 9/28/2014 forward)

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

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2016
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	$0.30	$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: $1.96 EPS
Next Year EPS Consensus Estimate: $2.05 EPS

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

Annual Dividend:	$2.34
Dividend Yield:	6.83%
Dividend Growth:	6.20% (3 Year Average)
Payout Ratio:	119.39% (Based on Current Year Consensus EPS Estimate) 114.15% (Based on Next Year Consensus EPS Estimate)
Track Record:	12 Years of Consecutive Dividend Growth

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

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
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 History for Holly Energy Partners, L.P. (NYSE:HEP)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
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)

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

Date	Headline
	Holly Energy Partners, L.P. (NYSE:HEP): Analyst Rating Revised To 2.33 - Investor Newswire (NYSE:HEP) www.investornewswire.com - September 26 at 10:02 AM
	Chart Parrents Don't Lie: Could Holly Energy Partners, L.P. Gain Strenght After Forming Double Top Chart Pattern? - Chester News (NYSE:HEP) www.chesterindependent.com - September 24 at 9:55 AM
	Shares Of Holly Energy Partners, L.P. (NYSE:HEP) Expected To Hit $43 - Investor Newswire (NYSE:HEP) www.investornewswire.com - September 22 at 8:30 AM
	Holly Energy Partners LP – Value Analysis (NYSE:HEP) : September 21, 2016 (NYSE:HEP) www.capitalcube.com - September 21 at 3:38 PM
	Holly Energy and HollyFrontier announce dropdown of Woods Cross refinery units (NYSE:HEP) www.energyglobal.com - September 21 at 9:37 AM
	HollyFrontier Corp (NYSE:HFC) & LendingClub Corp (NYSE:LC) UPDATE ON U.S STOCKS: 19 SEP 2016 - Money News (NYSE:HEP) www.newsismoney.com - September 20 at 10:33 AM
	HollyFrontier (HFC), Holly Energy (HEP) Announce Woods Cross Refinery Units Dropdown; Holly Energy Enters $100 ... - StreetInsider.com (NYSE:HEP) www.streetinsider.com - September 20 at 10:33 AM
	HOLLY ENERGY PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity (NYSE:HEP) biz.yahoo.com - September 20 at 10:33 AM
	Holly Energy Partners LP breached its 50 day moving average in a Bullish Manner : HEP-US : September 20, 2016 (NYSE:HEP) www.capitalcube.com - September 20 at 10:33 AM
	Holly Energy Partners & HollyFrontier Corp. Announce Dropdown of Woods Cross Refinery Units for Approximately $275.0 Million;... (NYSE:HEP) ih.advfn.com - September 19 at 9:58 AM
	HollyFrontier (HFC), Holly Energy (HEP) Announce Woods Cross Refinery Units Dropdown; Holly Energy Enters $100M Equity Raise (NYSE:HEP) www.streetinsider.com - September 19 at 9:58 AM
	Holly Energy Partners and HollyFrontier Corporation … (NYSE:HEP) finance.yahoo.com - September 19 at 9:58 AM
	Holly Energy Partners and HollyFrontier Corporation Announce Dropdown of Woods Cross Refinery Units for Approximately $275.0 Million; Holly Energy Partners Announces Private ... (NYSE:HEP) www.businesswire.com - September 19 at 9:58 AM
	Analysts Place Holly Energy Partners, L.P. (NYSE:HEP) Under the Lens of the Microscope - Post News (NYSE:HEP) www.kentuckypostnews.com - September 15 at 8:32 AM
	Stock Tracker: Earnings & Estimates for Holly Energy Partners, L.P. (NYSE:HEP) - Frisco Fastball (NYSE:HEP) friscofastball.com - September 15 at 8:31 AM
	Stock Sliding Down Over the Last Month: Holly Energy Partners L.P (NYSE:HEP) - Post News (NYSE:HEP) www.kentuckypostnews.com - September 8 at 5:19 PM
	What is the Street Saying About Holly Energy Partners, L.P. (NYSE:HEP)? - Frisco Fastball (NYSE:HEP) friscofastball.com - September 8 at 5:19 PM
	Placing Holly Energy Partners, L.P. (NYSE:HEP) Shares Under the Microscope - Post News (NYSE:HEP) www.kentuckypostnews.com - September 8 at 5:19 PM
	Continued Asset Growth Is Key For Holly Energy Partners (NYSE:HEP) seekingalpha.com - September 8 at 9:20 AM
	Stock in Review: Taking a Closer Look at Holly Energy Partners, L.P. (NYSE:HEP) Shares - Post News (NYSE:HEP) www.kentuckypostnews.com - September 1 at 5:18 PM
	Shares Slipping Lower Over the Past Month: Holly Energy Partners L.P (NYSE:HEP) - Post News (NYSE:HEP) www.kentuckypostnews.com - September 1 at 8:21 AM
	Stock Up Over the Past Five Trading Days: Holly Energy Partners L.P (NYSE:HEP) - Post News (NYSE:HEP) www.kentuckypostnews.com - August 30 at 8:32 AM
	Holly Energy Partners rated Neutral at Goldman Sachs (NYSE:HEP) seekingalpha.com - August 26 at 5:14 PM
	Holly Energy Resumed Neutral At Goldman Sachs (NYSE:HEP) finance.yahoo.com - August 26 at 5:14 PM
	Holly Energy Partners, L.P. (NYSE:HEP) Gets 0 Recommendations To Sell - Investor Newswire (NYSE:HEP) www.investornewswire.com - August 26 at 8:23 AM
	Notable Two Hundred Day Moving Average Cross - HEP (NYSE:HEP) www.nasdaq.com - August 22 at 5:28 PM
	Will Holly Energy Partners, L.P. (NYSE:HEP) Hit $43 Price Target? - Investor Newswire (NYSE:HEP) www.investornewswire.com - August 18 at 8:24 AM
	3 High-Yield Dividend Stocks Wealthy Investors Should Consider Buying (NYSE:HEP) www.fool.com - August 13 at 5:14 PM
	HOLLY ENERGY PARTNERS LP Financials (NYSE:HEP) finance.yahoo.com - August 10 at 5:40 PM
	Holly Energy Partners LP :HEP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:HEP) www.capitalcube.com - August 5 at 5:34 PM
	Holly Energy Partners' (HEP) Q2 2016 Results - Earnings Call Transcript (NYSE:HEP) seekingalpha.com - August 3 at 5:42 PM
	Holly Energy Partners, L.P. (HEP) Tops Q2 EPS by 2c (NYSE:HEP) www.streetinsider.com - August 3 at 5:42 PM
	Holly Energy Partners LP breached its 50 day moving average in a Bearish Manner : HEP-US : August 3, 2016 (NYSE:HEP) www.capitalcube.com - August 3 at 5:42 PM
	HOLLY ENERGY PARTNERS LP Files SEC form 10-Q, Quarterly Report (NYSE:HEP) biz.yahoo.com - August 3 at 5:42 PM
	Holly Energy Partners, L.P. (HEP) Tops Q2 EPS by 2c - StreetInsider.com (NYSE:HEP) www.streetinsider.com - August 3 at 8:35 AM
	Edited Transcript of HEP earnings conference call or presentation 2-Aug-16 8:00pm GMT (NYSE:HEP) finance.yahoo.com - August 3 at 8:35 AM
	Holly Energy Partners, L.P. Reports Second Quarter Results - Business Wire (press release) (NYSE:HEP) www.businesswire.com - August 2 at 10:11 AM
	Holly Energy Partners, L.P. Reports Second Quarter Results (NYSE:HEP) www.publicnow.com - August 2 at 10:11 AM
	Q2 2016 Holly Energy Partners LP Earnings Release - Before Market Open (NYSE:HEP) biz.yahoo.com - August 2 at 10:11 AM
	Can Shares Of Holly Energy Partners, L.P. (NYSE:HEP) Hit $43? - Investor Newswire (NYSE:HEP) www.investornewswire.com - July 28 at 8:24 AM
	Holly Energy Partners, L.P. (HEP) Ex-Dividend Date Scheduled for July 28, 2016 - Nasdaq (NYSE:HEP) www.nasdaq.com - July 28 at 8:24 AM
	Holly Energy Partners Increases Quarterly Distribution; 47th Consecutive Quarterly Distribution Increase (NYSE:HEP) finance.yahoo.com - July 22 at 5:20 PM
	Earnings Focus and Crowd Sourced Sentiment Review for Holly Energy Partners, L.P. (NYSE:HEP) - TGP (NYSE:HEP) telanaganapress.com - July 21 at 5:33 PM
	Is $43 Price Target Attainable For Holly Energy Partners, L.P. (NYSE:HEP)? - Investor Newswire (NYSE:HEP) www.investornewswire.com - July 21 at 5:33 PM
	Holly Energy Partners LP (NYSE:HEP) Upside Stock Technicals at Extreme Strength - CML News (NYSE:HEP) news.cmlviz.com - July 21 at 5:33 PM
	Week to July 15: Nexstar Broadcasting Issued the Most Junk Bonds (NYSE:HEP) marketrealist.com - July 20 at 12:00 PM
	Equity Roundup: Stock Performance Focus on Holly Energy Partners, L.P. (NYSE:HEP) - Press Telegraph (NYSE:HEP) presstelegraph.com - July 20 at 8:21 AM
	Shares Positive Over the Past Month: Holly Energy Partners L.P (NYSE:HEP) - TGP (NYSE:HEP) telanaganapress.com - July 20 at 8:21 AM
	Advocacy Wealth Management Services Lowers stake in Holly Energy Partners LP (HEP) - TheFounders Daily (NYSE:HEP) www.thefoundersdaily.com - July 20 at 8:21 AM
	Stock Positive on the Year: Holly Energy Partners L.P (NYSE:HEP) - TGP (NYSE:HEP) telanaganapress.com - July 19 at 11:30 AM