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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:HEP

Holly Energy Partners (HEP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$20.45
$20.45
50-Day Range
$20.35
$21.98
52-Week Range
$15.51
$23.62
Volume
N/A
Average Volume
384,703 shs
Market Capitalization
$2.59 billion
P/E Ratio
10.82
Dividend Yield
6.85%
Price Target
$21.50

Holly Energy Partners MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.1% Upside
$21.50 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
16.93%
From $1.89 to $2.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.03 out of 5 stars

Oils/Energy Sector

214th out of 239 stocks

Pipelines, Except Natural Gas Industry

8th out of 10 stocks


HEP stock logo

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.


HEP Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Holly Energy Partners's Earnings: A Preview
Holly Energy Partners LP's Dividend Analysis
Holly Energy Partners (NYSE: HEP)
What 4 Analyst Ratings Have To Say About Holly Energy Partners
See More Headlines
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Company Calendar

Last Earnings
8/03/2023
Today
3/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
2,020
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$21.50
High Stock Price Target
$22.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+5.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$216.78 million
Pretax Margin
42.74%

Debt

Sales & Book Value

Annual Sales
$547.48 million
Cash Flow
$2.53 per share
Book Value
$7.63 per share

Miscellaneous

Free Float
125,428,000
Market Cap
$2.59 billion
Optionable
Optionable
Beta
0.83

Social Links

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Key Executives

  • Mr. Michael C. JenningsMr. Michael C. Jennings (Age 57)
    Chairman, President & CEO of Holly Logistic Services LLC
    Comp: $3.45M
  • Mr. John Wayne Harrison Jr. (Age 44)
    Senior VP, CFO & Treasurer of Holly Logistic Services LLC
    Comp: $314.74k
  • Ms. Vaishali S. Bhatia (Age 40)
    Executive VP, General Counsel & Secretary of Holly Logistic Services LLC
    Comp: $801.28k
  • Mr. Robert I. Jamieson (Age 58)
    Senior VP & COO of Holly Logistic Services LLC
  • Mr. Craig Biery
    Vice President of Investor Relations
  • Mr. Kenneth P. Norwood (Age 57)
    VP & Controller of Holly Logistic Services LLC
  • Trey Schonter
    Executive of Investor Relations
  • Jared Harding
    Investor Relations Officer














HEP Stock Analysis - Frequently Asked Questions

Should I buy or sell Holly Energy Partners stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research 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 $21.00 to $22.00. On average, they anticipate the company's share price to reach $21.50 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for HEP
or view top-rated stocks among Wall Street analysts.

How were Holly Energy Partners' earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) released its earnings results on Thursday, August, 3rd. The pipeline company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.07. The pipeline company had revenue of $139.80 million for the quarter, compared to analysts' expectations of $145.96 million. Holly Energy Partners had a trailing twelve-month return on equity of 25.34% and a net margin of 40.97%. Holly Energy Partners's revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.45 EPS.

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. Stockholders 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 dividend 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 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 a variety of institutional and retail investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include James H Lee and Michael Jennings.
View institutional ownership trends
.

This page (NYSE:HEP) was last updated on 3/3/2024 by MarketBeat.com Staff