NYSE:HEP - Holly Energy Partners Stock Price, News, & Analysis

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$32.87 +0.32 (+0.98 %)
(As of 09/24/2018 04:00 PM ET)
Previous Close$32.55
Today's Range$32.47 - $33.29
52-Week Range$26.08 - $36.02
Volume210,900 shs
Average Volume188,584 shs
Market Capitalization$3.43 billion
P/E Ratio18.73
Dividend Yield7.97%
Beta0.89
Holly Energy Partners logoHolly Energy Partners, L.P. owns and operates petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities, and refinery processing units that support the refining and marketing operations of HollyFrontier Corporation in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho, and Washington. It operates through Pipelines and Terminals, and Refinery Processing Units segments. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as distillates, such as high- and low-sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils, and gases; and oil trunk, gathering, and connection pipelines that delivers crude oil. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 31,800 track feet of rail storage; 7 locations with truck and/or rail racks; and tankages at 6 refining facility locations, as well as 5 refinery processing units. HEP Logistics Holdings, L.P. serves as the general partner of the company. Holly Energy Partners, L.P. was founded in 2004 and is based in Dallas, Texas. Holly Energy Partners, L.P. operates as a subsidiary of HollyFrontier Corporation.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:HEP
CUSIPN/A
Phone214-871-3555

Debt

Debt-to-Equity Ratio2.50
Current Ratio1.12
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio18.73
Forward P/E Ratio19.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$454.36 million
Price / Sales7.63
Cash Flow$2.3975 per share
Price / Cash13.71
Book Value$4.78 per share
Price / Book6.88

Profitability

EPS (Most Recent Fiscal Year)$1.76
Net Income$195.04 million
Net Margins44.01%
Return on Equity34.10%
Return on Assets8.62%

Miscellaneous

Employees269
Outstanding Shares105,440,000
Market Cap$3.43 billion

Holly Energy Partners (NYSE:HEP) Frequently Asked Questions

What is Holly Energy Partners' stock symbol?

Holly Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEP."

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, July 19th. Shareholders of record on Monday, July 30th will be given a dividend of $0.66 per share on Thursday, August 9th. This represents a $2.64 annualized dividend and a yield of 8.03%. The ex-dividend date is Friday, July 27th. This is an increase from Holly Energy Partners's previous quarterly dividend of $0.66. View Holly Energy Partners' Dividend History.

How were Holly Energy Partners' earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) announced its quarterly earnings data on Wednesday, August, 1st. The pipeline company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.03. The pipeline company had revenue of $118.76 million for the quarter, compared to analysts' expectations of $123.41 million. Holly Energy Partners had a return on equity of 34.10% and a net margin of 44.01%. The firm's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.36 EPS. View Holly Energy Partners' Earnings History.

When is Holly Energy Partners' next earnings date?

Holly Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Holly Energy Partners.

What price target have analysts set for HEP?

8 analysts have issued 12 month target prices for Holly Energy Partners' stock. Their predictions range from $28.00 to $34.00. On average, they anticipate Holly Energy Partners' stock price to reach $30.3750 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Holly Energy Partners.

What is the consensus analysts' recommendation for Holly Energy Partners?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Holly Energy Partners.

Are investors shorting Holly Energy Partners?

Holly Energy Partners saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 879,124 shares, an increase of 52.2% from the July 31st total of 577,540 shares. Based on an average daily volume of 322,130 shares, the short-interest ratio is presently 2.7 days. Approximately 2.0% of the shares of the stock are sold short. View Holly Energy Partners' Current Options Chain.

Who are some of Holly Energy Partners' key competitors?

Who are Holly Energy Partners' key executives?

Holly Energy Partners' management team includes the folowing people:
  • Mr. George J. Damiris, Pres, CEO & Director of Holly Logistic Services LLC (Age 58)
  • Mr. Richard Lawrence Voliva III, CFA, Exec. VP & CFO of Holly Logistic Services LLC (Age 40)
  • Mr. Mark T. Cunningham, Sr. VP of Operations & Engineering - Holly Logistic Services, LLC (Age 58)
  • Ms. Denise Clark Mcwatters, Sr. VP, Gen. Counsel & Sec. of Holly Logistic Services LLC (Age 58)
  • Mr. Kenneth P. Norwood, VP, Controller & Principal Accounting Officer of Holly Logistic Services LLC (Age 52)

Who are Holly Energy Partners' major shareholders?

Holly Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (6.31%), OppenheimerFunds Inc. (6.16%), Alps Advisors Inc. (3.61%), Alps Advisors Inc. (3.26%), Tiedemann Advisors LLC (0.43%) and Spirit of America Management Corp NY (0.40%). Company insiders that own Holly Energy Partners stock include Charles M Iv Darling, James H Lee, Michael Jennings and William P Stengel. View Institutional Ownership Trends for Holly Energy Partners.

Which major investors are selling Holly Energy Partners stock?

HEP stock was sold by a variety of institutional investors in the last quarter, including Tiedemann Advisors LLC, Green Square Capital LLC, Spirit of America Management Corp NY, Advisors Asset Management Inc., Advisors Asset Management Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Holly Energy Partners.

Which major investors are buying Holly Energy Partners stock?

HEP stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., OppenheimerFunds Inc., Alps Advisors Inc., First Republic Investment Management Inc., Tortoise Capital Advisors L.L.C., First Trust Advisors LP, Putnam Investments LLC and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for Holly Energy Partners.

How do I buy shares of Holly Energy Partners?

Shares of HEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Holly Energy Partners' stock price today?

One share of HEP stock can currently be purchased for approximately $32.87.

How big of a company is Holly Energy Partners?

Holly Energy Partners has a market capitalization of $3.43 billion and generates $454.36 million in revenue each year. The pipeline company earns $195.04 million in net income (profit) each year or $1.76 on an earnings per share basis. Holly Energy Partners employs 269 workers across the globe.

What is Holly Energy Partners' official website?

The official website for Holly Energy Partners is http://www.hollyenergy.com.

How can I contact Holly Energy Partners?

Holly Energy Partners' mailing address is 2828 NORTH HARWOOD SUITE 1300, DALLAS TX, 75201. The pipeline company can be reached via phone at 214-871-3555 or via email at [email protected]


MarketBeat Community Rating for Holly Energy Partners (NYSE HEP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  478
MarketBeat's community ratings are surveys of what our community members think about Holly Energy Partners and other stocks. Vote "Outperform" if you believe HEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

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