NYSE:HEP Holly Energy Partners (HEP) Stock Forecast, Price & News $21.10 -0.70 (-3.21%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$20.82▼$21.6150-Day Range$19.21▼$23.3552-Week Range$15.51▼$23.62Volume540,541 shsAverage Volume558,499 shsMarket Capitalization$2.67 billionP/E Ratio12.27Dividend Yield6.64%Price Target$20.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Holly Energy Partners MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.6% Downside$20.33 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based 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.2.12 out of 5 starsOils/Energy Sector166th out of 241 stocksPipelines, Except Natural Gas Industry8th out of 11 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 3.6% from its current price of $21.10.Amount of Analyst CoverageHolly Energy Partners has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.98% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Holly Energy Partners has recently decreased by 3.49%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipHolly Energy Partners is a leading dividend payer. It pays a dividend yield of 6.38%, 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 81.40%. Payout ratios above 75% are not desirable because they may not be sustainable.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 3.3 News and Social Media Coverage News SentimentHolly Energy Partners has a news sentiment score of 0.99. 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 is a higher news sentiment than the 0.62 average news sentiment score 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 InterestOnly 1 people have searched for HEP on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Holly Energy Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 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 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Holly Energy Partners is 12.27, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.46.Price to Book Value per Share RatioHolly Energy Partners has a P/B Ratio of 2.88. 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 (NYSE:HEP) StockHolly 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HEP Stock News HeadlinesOctober 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?October 4, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.September 30, 2023 | americanbankingnews.comHolly Energy Partners (NYSE:HEP) Research Coverage Started at StockNews.comSeptember 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)October 4, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.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 ShareholdersAugust 16, 2023 | marketwatch.comHF Sinclair Strikes Deal to Buy Rest of Holly EnergyAugust 16, 2023 | finance.yahoo.comHF Sinclair Corporation and Holly Energy Partners, L.P. Announce Definitive Merger AgreementAugust 16, 2023 | markets.businessinsider.comHF Sinclair To Acquire Holly Energy Partners In Cash And StockAugust 16, 2023 | msn.comHF Sinclair to buy rest of Holly Energy Partners in cash and stock dealAugust 12, 2023 | markets.businessinsider.comJ.P. Morgan Keeps Their Sell Rating on Holly Energy Partners (HEP)August 4, 2023 | finance.yahoo.comHolly Energy Partners, L.P. (NYSE:HEP) Q2 2023 Earnings Call TranscriptJuly 13, 2023 | msn.comCitigroup Reiterates Holly Energy Partners L.P. - Unit (HEP) Neutral RecommendationJune 22, 2023 | finance.yahoo.comHF Sinclair Corporation and Holly Energy Partners, L.P. Second Quarter 2023 Earnings Release and Conference WebcastJune 22, 2023 | finance.yahoo.comHolly Energy Partners, L.P. and HF Sinclair Corporation Second Quarter 2023 Earnings Release and Conference WebcastJune 21, 2023 | msn.comHolly Energy Partners: High Yield But SustainableMay 30, 2023 | finance.yahoo.comHF Sinclair Corporation: We Reduce Our Fair Value for HF Sinclair on HEP Buyout Plan; Shares Meaningfully UndervaluedMay 5, 2023 | msn.comRaymond James Maintains Holly Energy Partners L.P. - Unit (HEP) Outperform RecommendationMay 4, 2023 | reuters.comHF Sinclair beats Q1 profit estimates, submits buyout bid for HollySee 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 HEP Company Calendar Ex-Dividend for 8/11 Dividend7/28/2023Last Earnings8/03/2023Dividend Payable8/11/2023Today10/04/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get 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 Forecast$20.33 High Stock Price Forecast$22.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside-3.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.72 Trailing P/E Ratio12.27 Forward P/E Ratio11.16 P/E GrowthN/ANet Income$216.78 million Net Margins37.97% Pretax Margin39.96% Return on Equity23.48% Return on Assets7.97% Debt Debt-to-Equity Ratio1.65 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$547.48 million Price / Sales4.87 Cash Flow$2.45 per share Price / Cash Flow8.62 Book Value$7.33 per share Price / Book2.88Miscellaneous Outstanding Shares126,440,000Free Float125,428,000Market Cap$2.67 billion OptionableOptionable Beta0.87 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Michael C. Jennings (Age 57)Chairman, Pres & CEO of Holly Logistic Services LLC Comp: $3.45MMr. John Wayne Harrison Jr. (Age 44)Sr. VP, CFO & Treasurer of Holly Logistic Services LLC Comp: $314.74kMs. Vaishali S. Bhatia (Age 40)Exec. VP, Gen. Counsel & Sec. of Holly Logistic Services LLC Comp: $801.28kMr. Robert I. Jamieson (Age 58)Sr. VP & COO of Holly Logistic Services LLC Mr. Craig BieryVP of Investor RelationsMr. Kenneth P. Norwood (Age 57)VP & Controller of Holly Logistic Services LLC Trey SchonterExec. of Investor RelationsJared HardingInvestor Relations OfficerMore ExecutivesKey CompetitorsPlains GPNYSE:PAGPNuStar EnergyNYSE:NSDelek Logistics PartnersNYSE:DKLGenesis EnergyNYSE:GELHF SinclairNYSE:DINOView All CompetitorsInstitutional OwnershipBollard Group LLCBought 4,814 shares on 8/15/2023Ownership: 0.492%Infrastructure Capital Advisors LLCBought 11,891 shares on 8/15/2023Ownership: 0.243%Wells Fargo & Company MNBought 2,750 shares on 8/15/2023Ownership: 0.090%Captrust Financial AdvisorsBought 1,250 shares on 8/15/2023Ownership: 0.017%Citadel Advisors LLCSold 1,600 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions HEP Stock - 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 twelve months. 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 forecast for 2023? 2 Wall Street analysts have issued 1-year target prices for Holly Energy Partners' stock. Their HEP share price forecasts range from $18.00 to $22.00. On average, they anticipate the company's stock price to reach $20.33 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. 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 start of the year. Since then, HEP stock has increased by 16.4% and is now trading at $21.10. View the best growth stocks for 2023 here. Are investors shorting Holly Energy Partners? Holly Energy Partners saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 902,300 shares, a decrease of 27.8% from the August 15th total of 1,250,000 shares. Based on an average daily trading volume, of 404,900 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.1% of the shares of the company are short sold. 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 Monday, November 6th 2023. View our HEP earnings forecast. How were Holly Energy Partners' earnings last quarter? Holly Energy Partners, L.P. (NYSE:HEP) released its quarterly earnings results on Thursday, August, 3rd. The pipeline company reported $0.40 earnings per share 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 net margin of 37.97% and a trailing twelve-month return on equity of 23.48%. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 EPS. How often does Holly Energy Partners pay dividends? What is the dividend yield for Holly Energy Partners? Holly Energy Partners announced a quarterly dividend on Thursday, July 20th. Investors of record on Monday, July 31st will be paid a dividend of $0.35 per share on Friday, August 11th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date of this dividend is Friday, July 28th. 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). 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 6.42%. HEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.40%. Payout ratios above 75% are not desirable because they may not be sustainable. 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). What is Holly Energy Partners' stock symbol? Holly Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEP." 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. What is Holly Energy Partners' stock price today? One share of HEP stock can currently be purchased for approximately $21.10. How much money does Holly Energy Partners make? Holly Energy Partners (NYSE:HEP) has a market capitalization of $2.67 billion and generates $547.48 million in revenue each year. The pipeline company earns $216.78 million in net income (profit) each year or $1.72 on an earnings per share basis. How many employees does Holly Energy Partners have? The company employs 2,020 workers across the globe. How can I contact Holly Energy Partners? Holly Energy Partners' mailing address is 2828 NORTH HARWOOD SUITE 1300, DALLAS TX, 75201. The official website for the company is www.hollyenergy.com. The pipeline company can be reached via phone at (214) 871-3555, via email at investors@hollyenergy.com, or via fax at 214-871-3560. This page (NYSE:HEP) was last updated on 10/4/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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