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

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$28.43 -0.53 (-1.83 %)
(As of 12/19/2018 06:38 AM ET)
Previous Close$28.96
Today's Range$27.97 - $29.33
52-Week Range$26.08 - $34.00
Volume247,595 shs
Average Volume225,068 shs
Market Capitalization$3.05 billion
P/E Ratio16.15
Dividend Yield9.19%
Beta0.95
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. 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
Current SymbolNYSE:HEP
Previous Symbol
CUSIPN/A
Phone214-871-3555

Debt

Debt-to-Equity Ratio2.64
Current Ratio1.46
Quick Ratio1.46

Price-To-Earnings

Trailing P/E Ratio16.15
Forward P/E Ratio16.72
P/E GrowthN/A

Sales & Book Value

Annual Sales$454.36 million
Price / Sales6.60
Cash Flow$2.3303 per share
Price / Cash Flow12.20
Book Value$4.78 per share
Price / Book5.95

Profitability

EPS (Most Recent Fiscal Year)$1.76
Net Income$195.04 million
Net Margins43.25%
Return on Equity33.48%
Return on Assets8.51%

Miscellaneous

Employees269
Outstanding Shares105,440,000
Market Cap$3.05 billion
OptionableOptionable

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 Friday, October 19th. Shareholders of record on Monday, October 29th will be given a dividend of $0.665 per share on Thursday, November 8th. This represents a $2.66 annualized dividend and a yield of 9.36%. The ex-dividend date of this dividend is Friday, October 26th. This is a boost 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 earnings results on Tuesday, October, 30th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.01. The pipeline company had revenue of $125.80 million for the quarter, compared to the consensus estimate of $125.79 million. Holly Energy Partners had a net margin of 43.25% and a return on equity of 33.48%. The firm's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. 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, February 19th 2019. View Earnings Estimates for Holly Energy Partners.

What price target have analysts set for HEP?

6 analysts have issued twelve-month price objectives for Holly Energy Partners' stock. Their forecasts range from $28.00 to $33.00. On average, they expect Holly Energy Partners' share price to reach $30.3333 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Holly Energy Partners.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Holly Energy Partners.

Has Holly Energy Partners been receiving favorable news coverage?

News headlines about HEP stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Holly Energy Partners earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media coverage about the pipeline company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term.

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 variety of of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (6.57%), OppenheimerFunds Inc. (6.15%), Alps Advisors Inc. (3.84%), JPMorgan Chase & Co. (0.83%), JPMorgan Chase & Co. (0.83%) and Advisory Research Inc. (0.65%). Company insiders that own Holly Energy Partners stock include Charles M Iv Darling, 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 Morgan Stanley, Putnam Investments LLC, Credit Suisse AG, OppenheimerFunds Inc., Pinnacle Holdings LLC, Uniplan Investment Counsel Inc., Spirit of America Management Corp NY and Blair William & Co. IL. 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 Advisory Research Inc., Tortoise Capital Advisors L.L.C., Alps Advisors Inc., BP Capital Fund Advisors LLC, SG Americas Securities LLC, Mirae Asset Global Investments Co. Ltd., JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $28.43.

How big of a company is Holly Energy Partners?

Holly Energy Partners has a market capitalization of $3.23 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:  185 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  499
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 12/19/2018 by MarketBeat.com Staff

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