S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:HEP

Holly Energy Partners Stock Forecast, Price & News

$16.91
+0.12 (+0.71%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$16.70
$17.05
50-Day Range
$16.42
$20.38
52-Week Range
$13.31
$23.69
Volume
156,808 shs
Average Volume
255,055 shs
Market Capitalization
$1.78 billion
P/E Ratio
8.09
Dividend Yield
8.34%
Beta
1.03
30 days | 90 days | 365 days | Advanced Chart
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Holly Energy Partners logo

About Holly Energy Partners

Holly Energy Partners LP engages in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities and refinery processing units. It operates through Pipelines & Terminals and Refinery Processing Unit segments. The company was founded in 2004 and is headquartered in Dallas, TX.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$497.85 million
Cash Flow
$3.20 per share
Book Value
$4.79 per share

Profitability

Net Income
$170.48 million
Pretax Margin
45.59%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.78 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/29/2021
Last Earnings
11/02/2021
Dividend Payable
11/12/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

2.65 out of 5 stars

Oils/Energy Sector

47th out of 358 stocks

Pipelines, Except Natural Gas Industry

3rd out of 21 stocks

Analyst Opinion: 2.0Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












Holly Energy Partners (NYSE:HEP) Frequently Asked Questions

Is Holly Energy Partners a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Holly Energy Partners stock. 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 analyst ratings for Holly Energy Partners
or view top-rated stocks.

How has Holly Energy Partners' stock been impacted by Coronavirus (COVID-19)?

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HEP shares have increased by 17.6% and is now trading at $16.91.
View which stocks have been most impacted by COVID-19
.

When is Holly Energy Partners' next earnings date?

Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Holly Energy Partners
.

How were Holly Energy Partners' earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) announced its earnings results on Tuesday, November, 2nd. The pipeline company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.03. The pipeline company earned $122.58 million during the quarter, compared to analysts' expectations of $125.37 million. Holly Energy Partners had a net margin of 43.83% and a trailing twelve-month return on equity of 36.79%. During the same period in the previous year, the firm earned $0.45 earnings per share.
View Holly Energy Partners' earnings history
.

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 Friday, October 22nd. Investors of record on Monday, November 1st will be given a dividend of $0.35 per share on Friday, November 12th. This represents a $1.40 annualized dividend and a dividend yield of 8.28%. The ex-dividend date is Friday, October 29th.
View Holly Energy Partners' dividend history
.

Is Holly Energy Partners a good dividend stock?

Holly Energy Partners pays an annual dividend of $1.40 per share and currently has a dividend yield of 8.34%. HEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Holly Energy Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Holly Energy Partners is 66.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Holly Energy Partners will have a dividend payout ratio of 63.93% next year. This indicates that Holly Energy Partners will be able to sustain or increase its dividend.
View Holly Energy Partners' dividend history.

What price target have analysts set for HEP?

5 brokerages have issued 1-year price targets for Holly Energy Partners' shares. Their forecasts range from $20.00 to $22.00. On average, they anticipate Holly Energy Partners' share price to reach $20.60 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts' price targets for Holly Energy Partners
or view top-rated stocks among Wall Street analysts.

Who are Holly Energy Partners' key executives?

Holly Energy Partners' management team includes the following people:
  • Michael C. Jennings, Chairman & Chief Executive Officer
  • Richard Lawrence Voliva, President
  • Mark T. Cunningham, Senior Vice President-Operations & Engineering
  • John Harrison, Chief Financial Officer, Treasurer & Senior VP
  • Vaishali S. Bhatia, Secretary, Senior VP & General Counsel

What is Matt Clifton's approval rating as Holly Energy Partners' CEO?

3 employees have rated Holly Energy Partners CEO Matt Clifton on Glassdoor.com. Matt Clifton has an approval rating of 100% among Holly Energy Partners' 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."

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 Invesco Ltd. (3.24%), Goldman Sachs Group Inc. (1.05%), UBS Group AG (0.69%), Morgan Stanley (0.64%), Brookfield Asset Management Inc. (0.56%) and Arkfeld Wealth Strategies L.L.C. (0.36%). Company insiders that own Holly Energy Partners stock include Kenneth Norwood and Michael Jennings.
View institutional ownership trends for Holly Energy Partners
.

Which institutional investors are selling Holly Energy Partners stock?

HEP stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Goldman Sachs Group Inc., Allianz Asset Management GmbH, Raymond James & Associates, HAP Trading LLC, UBS Group AG, Miller Howard Investments Inc. NY, and Tortoise Index Solutions LLC.
View insider buying and selling activity for Holly Energy Partners
or view top insider-selling stocks.

Which institutional investors are buying Holly Energy Partners stock?

HEP stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Marshall Wace LLP, U.S. Capital Wealth Advisors LLC, Citigroup Inc., Brookfield Asset Management Inc., Deutsche Bank AG, CFM Wealth Partners LLC, and Jane Street Group LLC. Company insiders that have bought Holly Energy Partners stock in the last two years include Kenneth Norwood, and Michael Jennings.
View insider buying and selling activity for Holly Energy Partners
or or view top insider-buying stocks.

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 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 $16.91.

How much money does Holly Energy Partners make?

Holly Energy Partners has a market capitalization of $1.78 billion and generates $497.85 million in revenue each year. The pipeline company earns $170.48 million in net income (profit) each year or $2.09 on an earnings per share basis.

How many employees does Holly Energy Partners have?

Holly Energy Partners employs 2,020 workers across the globe.

What is Holly Energy Partners' official website?

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

Where are Holly Energy Partners' headquarters?

Holly Energy Partners is headquartered at 2828 NORTH HARWOOD SUITE 1300, DALLAS TX, 75201.

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, via email at [email protected], or via fax at 214-871-3560.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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