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: $32.00
  • 50 Day Moving Average: $34.66
  • 200 Day Moving Average: $32.85
  • Trailing P/E Ratio: 17.15
  • Foreward P/E Ratio: 15.87
  • P/E Growth: 2.18
  • Market Cap: $1.90B
  • 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, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $35.50 (8.07% upside)

Analysts' Ratings History for Holly Energy Partners, L.P. (NYSE:HEP)
Show:
DateFirmActionRatingPrice TargetDetails
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
3/18/2016Goldman Sachs Group Inc.Boost Price TargetBuy$32.00 -> $35.00View Rating Details
2/17/2016Bank of America Corp.UpgradeUnderperform -> BuyView 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 8/23/2014 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: $2.07 EPS

Dividends

Current Dividend Information for Holly Energy Partners, L.P. (NYSE:HEP)
Annual Dividend:$2.34
Dividend Yield:7.12%
Payout Ratio:119.39% (Based on Current Year Consensus EPS Estimate)
113.04% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:6.20% (3 Year Average)

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
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
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NYSE:HEP)
biz.yahoo.com - July 19 at 10:45 AM
News IconTrading Performance and Target Watch for Holly Energy Partners, L.P. (NYSE:HEP) - Press Telegraph (NYSE:HEP)
presstelegraph.com - July 18 at 5:35 PM
News IconHolly Energy Partners, L.P. (NYSE:HEP) Wall Street Analyst Recommendation Outlook - TGP (NYSE:HEP)
telanaganapress.com - July 18 at 5:35 PM
News IconHolly Energy Partners LP (NYSE:HEP) Short Interest Decreased By 8.35% - Consumer Eagle (NYSE:HEP)
www.consumereagle.com - July 15 at 8:32 AM
finance.yahoo.com logoHolly Energy Partners, L.P. Announces Pricing of $400 Million of Senior Notes Due 2024 - Yahoo Finance (NYSE:HEP)
finance.yahoo.com - July 15 at 8:32 AM
News IconInsiders Increasing Positions in: Holly Energy Partners L.P (NYSE:HEP) - Press Telegraph (NYSE:HEP)
presstelegraph.com - July 14 at 5:33 PM
News IconCrowd Rating and Earnings Recap for Holly Energy Partners, L.P. (NYSE:HEP) - Telanagana Press (NYSE:HEP)
telanaganapress.com - July 14 at 5:33 PM
businesswire.com logoHolly Energy Partners, L.P. Announces Pricing of $400 Million of Senior Notes Due 2024 - Business Wire (press release) (NYSE:HEP)
www.businesswire.com - July 14 at 5:33 PM
4-traders.com logoHOLLY ENERGY PARTNERS LP : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:HEP)
www.4-traders.com - July 14 at 8:55 AM
businesswire.com logoHolly Energy Partners, L.P. Announces Pricing of $400 Million of Senior Notes Due 2024 (NYSE:HEP)
www.businesswire.com - July 14 at 8:55 AM
feeds.reuters.com logoBRIEF-Holly Energy Partners announces pricing of $400 mln of senior notes due 2024 (NYSE:HEP)
feeds.reuters.com - July 13 at 7:03 PM
investornewswire.com logoStrong Sell Calls For Holly Energy Partners, L.P. (NYSE:HEP) At 1 - Investor Newswire (NYSE:HEP)
www.investornewswire.com - July 13 at 5:49 PM
fiscalstandard.com logoBroker Outlook For Holly Energy Partners, L.P. (NYSE:HEP) - Fiscal Standard (NYSE:HEP)
www.fiscalstandard.com - July 13 at 5:49 PM
News IconHolly Energy Partners, L.P. (NYSE:HEP) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:HEP)
www.engelwooddaily.com - July 13 at 8:18 AM
moodys.com logoHolly Energy Partners, L.P. -- Moody's rates Holly Energy Partners' new notes B1 (NYSE:HEP)
www.moodys.com - July 12 at 10:40 AM
News IconStock on the Rise for the Quarter: Holly Energy Partners L.P (NYSE:HEP) - Engelwood Daily (NYSE:HEP)
www.engelwooddaily.com - July 12 at 9:47 AM
News IconShares Positive on the Year: Holly Energy Partners L.P (NYSE:HEP) - Telanagana Press (NYSE:HEP)
telanaganapress.com - July 12 at 9:47 AM
businesswire.com logoHolly Energy Partners, L.P. Announces Proposed Offering of Senior Notes - Business Wire (press release) (NYSE:HEP)
www.businesswire.com - July 12 at 9:47 AM
publicnow.com logoHolly Energy Partners, L.P. Announces Proposed Offering of Senior Notes (NYSE:HEP)
www.publicnow.com - July 12 at 7:43 AM
biz.yahoo.com logoHOLLY ENERGY PARTNERS LP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:HEP)
biz.yahoo.com - July 12 at 7:26 AM
finance.yahoo.com logo7:16 am Holly Energy Partners announces offering of $300 mln in aggregate principal amount of senior notes due 2024 in a private placement (NYSE:HEP)
finance.yahoo.com - July 12 at 7:16 AM
News IconHolly Energy opts not to relocate Artesia center (NYSE:HEP)
www.artesianews.com - July 11 at 5:27 PM
News IconWall Street Ratings and Target Price Views on Holly Energy Partners, L.P. (NYSE:HEP) - Telanagana Press (NYSE:HEP)
telanaganapress.com - July 7 at 8:17 AM
News IconPerformance Recap and Target Perspective on Holly Energy Partners, L.P. (NYSE:HEP) - Press Telegraph (NYSE:HEP)
presstelegraph.com - July 7 at 8:17 AM
investornewswire.com logoHolly Energy Partners, L.P. (NYSE:HEP) Expected to Reach Highs Of $43 - Investor Newswire (NYSE:HEP)
www.investornewswire.com - July 7 at 8:17 AM

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Holly Energy Partners, L.P. (NYSE:HEP) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff