NYSE:HEPHolly Energy Partners Stock Price, Forecast & News

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HEP stock has decreased by 4.9% and is now trading at $13.67. View which stocks have been most impacted by Coronavirus.

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

Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Holly Energy Partners.

Holly Energy Partners will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Holly Energy Partners, L.P. (NYSE:HEP) issued its quarterly earnings data on Wednesday, May, 6th. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.44 by $0.04. The pipeline company earned $127.90 million during the quarter, compared to analyst estimates of $133.77 million. Holly Energy Partners had a return on equity of 41.37% and a net margin of 37.74%. The firm's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 earnings per share. View Holly Energy Partners' earnings history.

Holly Energy Partners declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 4th will be given a dividend of $0.35 per share on Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Friday, May 1st. View Holly Energy Partners' dividend history.

8 equities research analysts have issued 1-year target prices for Holly Energy Partners' shares. Their forecasts range from $14.00 to $22.00. On average, they expect Holly Energy Partners' share price to reach $17.10 in the next year. This suggests a possible upside of 25.1% from the stock's current price. View analysts' price targets for Holly Energy Partners.

Press coverage about HEP stock has been trending negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing 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 five, with scores closest to five being the most favorable. Holly Energy Partners earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Holly Energy Partners.

Some companies that are related to Holly Energy Partners include Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Holly Energy Partners investors own include Buckeye Partners (BPL), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Exxon Mobil (XOM), New Residential Investment (NRZ), Enbridge (ENB), Omega Healthcare Investors (OHI), Pfizer (PFE) and Golar LNG Partners (GMLP).

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

Holly Energy Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.03%) and Red Door Wealth Management LLC (0.00%). Company insiders that own Holly Energy Partners stock include Eric L Mattson, Kenneth Norwood and Michael Jennings. View institutional ownership trends for Holly Energy Partners.

HEP stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, and Red Door Wealth Management LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of HEP stock can currently be purchased for approximately $13.67.

Holly Energy Partners has a market capitalization of $1.44 billion and generates $532.78 million in revenue each year. The pipeline company earns $224.88 million in net income (profit) each year or $1.87 on an earnings per share basis.

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

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]