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How to Use the MarketBeat Dividend Calculator
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
NYSE:HEP

Holly Energy Partners - HEP Stock Forecast, Price & News

$17.43
+0.52 (+3.08%)
(As of 08/8/2022 12:00 AM ET)
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Compare
Today's Range
$16.98
$17.52
50-Day Range
$15.66
$20.00
52-Week Range
$15.12
$20.49
Volume
66,820 shs
Average Volume
237,445 shs
Market Capitalization
$2.20 billion
P/E Ratio
9.32
Dividend Yield
8.28%
Price Target
$19.25

Holly Energy Partners MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
10.4% Upside
$19.25 Price Target
Short Interest
Bearish
3.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.21mentions of Holly Energy Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.89%
From $1.90 to $2.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Oils/Energy Sector

130th out of 344 stocks

Pipelines, Except Natural Gas Industry

6th out of 19 stocks

HEP stock logo

About Holly Energy Partners (NYSE:HEP) Stock

Holly 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. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 1 lube 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 five refinery processing units. The company was incorporated in 2004 and is based in Dallas, Texas.

Holly Energy Partners Trading Up 3.1 %

NYSE:HEP traded up $0.52 during midday trading on Monday, hitting $17.43. The stock had a trading volume of 66,820 shares, compared to its average volume of 237,445. Holly Energy Partners has a one year low of $15.12 and a one year high of $20.49. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 9.32 and a beta of 0.91. The stock has a 50-day moving average of $17.17 and a 200 day moving average of $17.54. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.90.

Holly Energy Partners (NYSE:HEP - Get Rating) last announced its quarterly earnings data on Monday, August 8th. The pipeline company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.05). Holly Energy Partners had a return on equity of 29.60% and a net margin of 41.05%. The firm had revenue of $135.80 million during the quarter, compared to the consensus estimate of $124.17 million. During the same period last year, the company earned $0.48 EPS. The firm's revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Holly Energy Partners will post 1.9 EPS for the current year.

Holly Energy Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 12th. Investors of record on Monday, August 1st will be paid a $0.35 dividend. The ex-dividend date is Friday, July 29th. This represents a $1.40 annualized dividend and a yield of 8.03%. Holly Energy Partners's dividend payout ratio (DPR) is currently 74.87%.

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HEP Stock News Headlines

What Wall Street expects from Holly Energy Partners LP's earnings
HEP Crosses Above Average Analyst Target
Holly Energy Partners Q1 2022 Earnings Preview
Holly Energy Partners declares $0.035 dividend
Holly Energy Partners prices $400M senior notes
DINO.N - HF Sinclair Corp Profile | Reuters
Holly Energy Partners, L.P.
See More Headlines
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HEP Company Calendar

Ex-Dividend for 5/13 Dividend
4/29/2022
Dividend Payable
5/13/2022
Ex-Dividend for 8/12 Dividend
7/29/2022
Last Earnings
8/08/2022
Today
8/09/2022
Dividend Payable
8/12/2022
Next Earnings (Estimated)
10/31/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$19.25
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+10.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$214.95 million
Pretax Margin
43.64%

Debt

Sales & Book Value

Annual Sales
$494.49 million
Cash Flow
$3.30 per share
Book Value
$4.79 per share

Miscellaneous

Free Float
125,428,000
Market Cap
$2.20 billion
Optionable
Optionable
Beta
0.91

Key Executives

  • Mr. Michael C. Jennings (Age 56)
    Chairman & CEO of Holly Logistic Services LLC
    Comp: $2.29M
  • Mr. Richard Lawrence Voliva III (Age 44)
    C.F.A., Pres of Holly Logistic Services LLC
    Comp: $1.16M
  • Mr. John Wayne Harrison Jr. (Age 43)
    Sr. VP, CFO & Treasurer of Holly Logistic Services LLC
    Comp: $272.37k
  • Ms. Vaishali S. Bhatia (Age 39)
    Sr. VP, Gen. Counsel & Sec. of Holly Logistic Services LLC
    Comp: $605.72k
  • Mr. Mark T. Cunningham (Age 62)
    Consultant of Holly Logistic Services, LLC
    Comp: $664.53k
  • Mr. Craig Biery
    VP of Investor Relations
  • Mr. Kenneth P. Norwood (Age 56)
    VP & Controller of Holly Logistic Services LLC
  • Trey Schonter
    Exec. of Investor Relations
  • Jared Harding
    Investor Relations Officer













HEP Stock - Frequently Asked Questions

Should I buy or sell Holly Energy Partners stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy 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 2022?

4 Wall Street analysts have issued 12 month price targets for Holly Energy Partners' shares. Their HEP share price forecasts range from $15.00 to $22.00. On average, they expect the company's stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for HEP
or view top-rated stocks among Wall Street analysts.

How has Holly Energy Partners' stock performed in 2022?

Holly Energy Partners' stock was trading at $16.49 on January 1st, 2022. Since then, HEP stock has increased by 5.7% and is now trading at $17.43.
View the best growth stocks for 2022 here
.

When is Holly Energy Partners' next earnings date?

Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Monday, October 31st 2022.
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 Monday, August, 8th. The pipeline company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.05. The pipeline company earned $135.80 million during the quarter, compared to analyst estimates of $124.17 million. Holly Energy Partners had a net margin of 41.05% and a trailing twelve-month return on equity of 29.60%. The business's revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 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 21st. Shareholders of record on Monday, August 1st will be given a dividend of $0.35 per share on Friday, August 12th. This represents a $1.40 annualized dividend and a dividend yield of 8.03%. The ex-dividend date is Friday, July 29th.
Read our dividend analysis for HEP
.

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 8.28%. HEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEP will have a dividend payout ratio of 68.29% 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."

Who are Holly Energy Partners' major shareholders?

Holly Energy Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (2.86%), CIBC Private Wealth Group LLC (0.43%), Arkfeld Wealth Strategies L.L.C. (0.35%), Miller Howard Investments Inc. NY (0.24%), Capital Investment Advisors LLC (0.04%) and GraniteShares Advisors LLC (0.04%). Insiders that own company stock include James H Lee, Kenneth Norwood and Michael Jennings.
View institutional ownership trends
.

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 $17.43.

How much money does Holly Energy Partners make?

Holly Energy Partners (NYSE:HEP) has a market capitalization of $2.20 billion and generates $494.49 million in revenue each year. The pipeline company earns $214.95 million in net income (profit) each year or $1.87 on an earnings per share basis.

How many employees does Holly Energy Partners have?

Holly Energy Partners 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 8/9/2022 by MarketBeat.com Staff

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