NYSE:HEPHolly Energy Partners Stock Price, Forecast & News

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 shares have decreased by 3.6% and is now trading at $13.86. 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) posted its quarterly earnings data on Wednesday, May, 6th. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.44 by $0.04. The pipeline company had revenue of $127.90 million for the quarter, compared to the consensus estimate of $133.77 million. Holly Energy Partners had a net margin of 37.74% and a return on equity of 41.37%. The company's revenue was down 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. View Holly Energy Partners' earnings history.

Holly Energy Partners announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Monday, May 4th will be paid 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 10.10%. The ex-dividend date is Friday, May 1st. View Holly Energy Partners' dividend history.

8 Wall Street analysts have issued 12 month price objectives 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 23.4% from the stock's current price. View analysts' price targets for Holly Energy Partners.

News headlines about HEP stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog 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 news impact score of -2.1 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few 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 institutional and retail investors. Top institutional shareholders include 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 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 $13.86.

Holly Energy Partners has a market capitalization of $1.46 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]