NYSE:HEP

Holly Energy Partners Stock Forecast, Price & News

$19.03
+0.74 (+4.05 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$18.30
$19.10
50-Day Range
$17.51
$21.54
52-Week Range
$10.48
$23.69
Volume216,754 shs
Average Volume271,250 shs
Market Capitalization$2.01 billion
P/E Ratio10.57
Dividend Yield7.65%
Beta1.07
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.

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Industry, Sector and Symbol

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Miscellaneous


MarketRank

Overall MarketRank

2.35 out of 5 stars

Oils/Energy Sector

69th out of 346 stocks

Pipelines, Except Natural Gas Industry

5th out of 20 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Holly Energy Partners (NYSE:HEP) Frequently Asked Questions

Is Holly Energy Partners a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Holly Energy Partners in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than Holly Energy Partners?

Wall Street analysts have given Holly Energy Partners a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Holly Energy Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Holly Energy Partners?

Holly Energy Partners saw a decline in short interest in the month of August. As of August 13th, there was short interest totaling 652,800 shares, a decline of 19.7% from the July 29th total of 812,600 shares. Based on an average daily trading volume, of 218,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.4% of the company's shares are short sold.
View Holly Energy Partners' Short Interest
.

When is Holly Energy Partners' next earnings date?

Holly Energy Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Holly Energy Partners
.

How were Holly Energy Partners' earnings last quarter?

Holly Energy Partners, L.P. (NYSE:HEP) issued its quarterly earnings results on Tuesday, August, 3rd. The pipeline company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.50 by $0.03. The pipeline company earned $126.24 million during the quarter, compared to analyst estimates of $127.15 million. Holly Energy Partners had a trailing twelve-month return on equity of 38.18% and a net margin of 37.22%.
View Holly Energy Partners' earnings history
.

How has Holly Energy Partners' stock been impacted by Coronavirus?

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HEP stock has increased by 32.3% and is now trading at $19.03.
View which stocks have been most impacted by COVID-19
.

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, July 23rd. Investors of record on Monday, August 2nd will be given a dividend of $0.35 per share on Friday, August 13th. This represents a $1.40 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Friday, July 30th.
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 7.65%. 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 74.47%. 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 65.12% 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?

6 equities research analysts have issued twelve-month target prices for Holly Energy Partners' stock. Their forecasts range from $18.00 to $22.00. On average, they expect Holly Energy Partners' stock price to reach $20.20 in the next twelve months. This suggests a possible upside of 6.1% 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 The 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 institutional and retail investors. Top institutional shareholders include Blackstone Inc (4.26%), Invesco Ltd. (3.50%), First Trust Advisors LP (2.90%), JPMorgan Chase & Co. (1.21%), Goldman Sachs Group Inc. (1.17%) and Infrastructure Capital Advisors LLC (0.56%). Company insiders that own Holly Energy Partners stock include Kenneth Norwood 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 Invesco Ltd., CIBC Private Wealth Group LLC, Wells Fargo & Company MN, Bank of America Corp DE, Russell Investments Group Ltd., Miller Howard Investments Inc. NY, Citadel Advisors LLC, and Deutsche Bank AG.
View insider buying and selling activity for Holly Energy Partners
or view top insider-selling stocks.

Which major investors are buying Holly Energy Partners stock?

HEP stock was bought by a variety of institutional investors in the last quarter, including Blackstone Inc, First Trust Advisors LP, Morgan Stanley, Morgan Stanley, Brookfield Asset Management Inc., Allianz Asset Management GmbH, Bollard Group LLC, and Infrastructure Capital Advisors 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 $19.03.

How much money does Holly Energy Partners make?

Holly Energy Partners has a market capitalization of $2.01 billion and generates $497.85 million in revenue each year. The pipeline company earns $170.48 million in net income (profit) each year or $1.88 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 or via email at [email protected].


This page was last updated on 9/24/2021 by MarketBeat.com Staff
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