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: $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.:

Analyst Ratings

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:
DateFirmActionRatingPrice TargetDetails
9/20/2016Bank of America Corp.Set Price TargetBuy$38.00View Rating Details
8/25/2016Goldman Sachs Group Inc.Reiterated RatingNeutral$36.00View Rating Details
7/7/2016Barclays PLCReiterated RatingEqual Weight$35.00View Rating Details
4/27/2016Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
4/1/2016SimmonsReiterated RatingOverweightView Rating Details
4/1/2016Piper Jaffray Cos.Initiated 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 9/28/2014 forward)

Earnings

Earnings History for Holly Energy Partners, L.P. (NYSE:HEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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: $1.96 EPS
Next Year EPS Consensus Estimate: $2.05 EPS

Dividends

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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
investornewswire.com logoHolly 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
News IconChart 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
investornewswire.com logoShares 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
capitalcube.com logoHolly Energy Partners LP – Value Analysis (NYSE:HEP) : September 21, 2016 (NYSE:HEP)
www.capitalcube.com - September 21 at 3:38 PM
News IconHolly Energy and HollyFrontier announce dropdown of Woods Cross refinery units (NYSE:HEP)
www.energyglobal.com - September 21 at 9:37 AM
News IconHollyFrontier 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
streetinsider.com logoHollyFrontier (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
biz.yahoo.com logoHOLLY 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
capitalcube.com logoHolly 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
News IconHolly 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
streetinsider.com logoHollyFrontier (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
finance.yahoo.com logoHolly Energy Partners and HollyFrontier Corporation … (NYSE:HEP)
finance.yahoo.com - September 19 at 9:58 AM
businesswire.com logoHolly 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
News IconAnalysts 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
News IconStock Tracker: Earnings & Estimates for Holly Energy Partners, L.P. (NYSE:HEP) - Frisco Fastball (NYSE:HEP)
friscofastball.com - September 15 at 8:31 AM
News IconStock 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
News IconWhat is the Street Saying About Holly Energy Partners, L.P. (NYSE:HEP)? - Frisco Fastball (NYSE:HEP)
friscofastball.com - September 8 at 5:19 PM
News IconPlacing Holly Energy Partners, L.P. (NYSE:HEP) Shares Under the Microscope - Post News (NYSE:HEP)
www.kentuckypostnews.com - September 8 at 5:19 PM
seekingalpha.com logoContinued Asset Growth Is Key For Holly Energy Partners (NYSE:HEP)
seekingalpha.com - September 8 at 9:20 AM
News IconStock 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
News IconShares 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
News IconStock 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
seekingalpha.com logoHolly Energy Partners rated Neutral at Goldman Sachs (NYSE:HEP)
seekingalpha.com - August 26 at 5:14 PM
finance.yahoo.com logoHolly Energy Resumed Neutral At Goldman Sachs (NYSE:HEP)
finance.yahoo.com - August 26 at 5:14 PM
investornewswire.com logoHolly Energy Partners, L.P. (NYSE:HEP) Gets 0 Recommendations To Sell - Investor Newswire (NYSE:HEP)
www.investornewswire.com - August 26 at 8:23 AM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - HEP (NYSE:HEP)
www.nasdaq.com - August 22 at 5:28 PM
investornewswire.com logoWill Holly Energy Partners, L.P. (NYSE:HEP) Hit $43 Price Target? - Investor Newswire (NYSE:HEP)
www.investornewswire.com - August 18 at 8:24 AM
fool.com logo3 High-Yield Dividend Stocks Wealthy Investors Should Consider Buying (NYSE:HEP)
www.fool.com - August 13 at 5:14 PM
finance.yahoo.com logoHOLLY ENERGY PARTNERS LP Financials (NYSE:HEP)
finance.yahoo.com - August 10 at 5:40 PM
capitalcube.com logoHolly 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
seekingalpha.com logoHolly Energy Partners' (HEP) Q2 2016 Results - Earnings Call Transcript (NYSE:HEP)
seekingalpha.com - August 3 at 5:42 PM
streetinsider.com logoHolly Energy Partners, L.P. (HEP) Tops Q2 EPS by 2c (NYSE:HEP)
www.streetinsider.com - August 3 at 5:42 PM
capitalcube.com logoHolly 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
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 10-Q, Quarterly Report (NYSE:HEP)
biz.yahoo.com - August 3 at 5:42 PM
streetinsider.com logoHolly Energy Partners, L.P. (HEP) Tops Q2 EPS by 2c - StreetInsider.com (NYSE:HEP)
www.streetinsider.com - August 3 at 8:35 AM
finance.yahoo.com logoEdited 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
businesswire.com logoHolly Energy Partners, L.P. Reports Second Quarter Results - Business Wire (press release) (NYSE:HEP)
www.businesswire.com - August 2 at 10:11 AM
publicnow.com logoHolly Energy Partners, L.P. Reports Second Quarter Results (NYSE:HEP)
www.publicnow.com - August 2 at 10:11 AM
biz.yahoo.com logoQ2 2016 Holly Energy Partners LP Earnings Release - Before Market Open (NYSE:HEP)
biz.yahoo.com - August 2 at 10:11 AM
investornewswire.com logoCan Shares Of Holly Energy Partners, L.P. (NYSE:HEP) Hit $43? - Investor Newswire (NYSE:HEP)
www.investornewswire.com - July 28 at 8:24 AM
nasdaq.com logoHolly 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
finance.yahoo.com logoHolly Energy Partners Increases Quarterly Distribution; 47th Consecutive Quarterly Distribution Increase (NYSE:HEP)
finance.yahoo.com - July 22 at 5:20 PM
News IconEarnings 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
investornewswire.com logoIs $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
news.cmlviz.com logoHolly Energy Partners LP (NYSE:HEP) Upside Stock Technicals at Extreme Strength - CML News (NYSE:HEP)
news.cmlviz.com - July 21 at 5:33 PM
marketrealist.com logoWeek to July 15: Nexstar Broadcasting Issued the Most Junk Bonds (NYSE:HEP)
marketrealist.com - July 20 at 12:00 PM
News IconEquity Roundup: Stock Performance Focus on Holly Energy Partners, L.P. (NYSE:HEP) - Press Telegraph (NYSE:HEP)
presstelegraph.com - July 20 at 8:21 AM
News IconShares Positive Over the Past Month: Holly Energy Partners L.P (NYSE:HEP) - TGP (NYSE:HEP)
telanaganapress.com - July 20 at 8:21 AM
News IconAdvocacy Wealth Management Services Lowers stake in Holly Energy Partners LP (HEP) - TheFounders Daily (NYSE:HEP)
www.thefoundersdaily.com - July 20 at 8:21 AM
News IconStock Positive on the Year: Holly Energy Partners L.P (NYSE:HEP) - TGP (NYSE:HEP)
telanaganapress.com - July 19 at 11:30 AM

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Holly Energy Partners, L.P. (NYSE:HEP) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff