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

-0.13 (-0.47 %)
(As of 08/23/2019 08:26 AM ET)
Today's Range
Now: $27.54
50-Day Range
MA: $28.24
52-Week Range
Now: $27.54
Volume128,200 shs
Average Volume181,767 shs
Market Capitalization$2.90 billion
P/E Ratio16.20
Dividend Yield9.85%
Holly 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. Read More…

Industry, Sector and Symbol

Industry Pipelines, except natural gas



Sales & Book Value

Annual Sales$506.22 million
Cash Flow$2.6816 per share
Book Value$4.51 per share


Net Income$178.85 million


Market Cap$2.90 billion
Next Earnings Date10/29/2019 (Estimated)

Receive HEP News and Ratings via Email

Sign-up to receive the latest news and ratings for HEP and its competitors with MarketBeat's FREE daily newsletter.

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 announced a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, July 29th will be paid a dividend of $0.6725 per share on Tuesday, August 13th. This represents a $2.69 annualized dividend and a dividend yield of 9.77%. The ex-dividend date of this dividend is Friday, July 26th. View Holly Energy Partners' Dividend History.

How were Holly Energy Partners' earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) announced its earnings results on Wednesday, July, 31st. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.43. The pipeline company earned $130.80 million during the quarter, compared to analyst estimates of $128.07 million. Holly Energy Partners had a return on equity of 37.40% and a net margin of 36.16%. The business's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 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 29th 2019. View Earnings Estimates for Holly Energy Partners.

What price target have analysts set for HEP?

5 brokers have issued twelve-month target prices for Holly Energy Partners' shares. Their forecasts range from $24.00 to $30.00. On average, they anticipate Holly Energy Partners' share price to reach $27.2150 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Holly Energy Partners.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 4 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Holly Energy Partners.

Has Holly Energy Partners been receiving favorable news coverage?

Headlines about HEP stock have been trending positive on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Holly Energy Partners earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Holly Energy Partners.

Are investors shorting Holly Energy Partners?

Holly Energy Partners saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,225,700 shares, an increase of 84.8% from the June 30th total of 663,400 shares. Based on an average trading volume of 139,600 shares, the days-to-cover ratio is presently 8.8 days. Approximately 2.7% of the shares of the company are short sold. View Holly Energy Partners' Current Options Chain.

Who are some of Holly Energy Partners' key competitors?

What other stocks do shareholders of Holly Energy Partners own?

Who are Holly Energy Partners' key executives?

Holly Energy Partners' management team includes the folowing people:
  • Mr. Richard Lawrence Voliva III, CFA, Exec. VP & CFO of Holly Logistic Services LLC (Age 41)
  • Mr. Mark T. Cunningham, Sr. VP of Operations & Engineering - Holly Logistic Services, LLC (Age 59)
  • Ms. Denise Clark Mcwatters, Sr. VP, Gen. Counsel & Sec. of Holly Logistic Services LLC (Age 59)
  • Mr. George J. Damiris, Pres, CEO & Director of Holly Logistic Services LLC (Age 59)
  • Mr. Craig Biery, Director of Investor Relations

Who are Holly Energy Partners' major shareholders?

Holly Energy Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Invesco Ltd. (5.79%), Tortoise Capital Advisors L.L.C. (5.10%), Energy Income Partners LLC (5.00%), Alps Advisors Inc. (3.80%), UBS Group AG (1.60%) and JPMorgan Chase & Co. (0.84%). Company insiders that own Holly Energy Partners stock include Eric L Mattson, James H Lee and Michael Jennings. 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 Tortoise Capital Advisors L.L.C., Alps Advisors Inc., JPMorgan Chase & Co., Bank of America Corp DE, Tiedemann Advisors LLC, Groesbeck Investment Management Corp NJ, McGowan Group Asset Management Inc. and Russell Investments Group Ltd.. Company insiders that have sold Holly Energy Partners company stock in the last year include Eric L Mattson and Michael Jennings. View Insider Buying and Selling for Holly Energy Partners.

Which major investors are buying Holly Energy Partners stock?

HEP stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Dividend Assets Capital LLC, First Trust Advisors LP, Energy Income Partners LLC, Bank of Montreal Can, Wells Fargo & Company MN and HighTower Advisors LLC. 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 $27.54.

How big of a company is Holly Energy Partners?

Holly Energy Partners has a market capitalization of $2.90 billion and generates $506.22 million in revenue each year. The pipeline company earns $178.85 million in net income (profit) each year or $1.70 on an earnings per share basis. View Additional Information About Holly Energy Partners.

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:  219 (Vote Outperform)
Underperform Votes:  370 (Vote Underperform)
Total Votes:  589
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 8/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel