NYSE:HEPHolly Energy Partners Stock Price, Forecast & News

Holly Energy Partners' stock was trading at $14.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HEP stock has increased by 10.2% and is now trading at $15.84. 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 3 hold ratings and 5 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, July 29th 2020. View our earnings forecast for Holly Energy Partners.

Holly Energy Partners, L.P. (NYSE:HEP) announced its quarterly earnings results 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 analyst estimates 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 quarter in the prior year, the firm posted $0.49 EPS. 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 given a dividend of $0.35 per share on Thursday, May 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.84%. The ex-dividend date of this dividend is Friday, May 1st. View Holly Energy Partners' dividend history.

8 analysts have issued twelve-month target prices for Holly Energy Partners' stock. Their forecasts range from $14.00 to $26.86. On average, they expect Holly Energy Partners' share price to reach $18.73 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for Holly Energy Partners.

Media stories about HEP stock have been trending very positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 3.5 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutHolly Energy Partners.

Holly Energy Partners saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,330,000 shares, a decrease of 24.0% from the April 15th total of 1,750,000 shares. Based on an average trading volume of 892,600 shares, the short-interest ratio is currently 1.5 days. Currently, 3.0% of the shares of the stock are sold short. View Holly Energy Partners' Current Options Chain.

Some companies that are related to Holly Energy Partners include Shell Midstream Partners (SHLX), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), 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 variety of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (5.62%), Wells Fargo & Company MN (2.77%), Tortoise Capital Advisors L.L.C. (1.25%), UBS Group AG (1.22%), JPMorgan Chase & Co. (1.12%) and Clearbridge Investments LLC (1.08%). 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 Tortoise Capital Advisors L.L.C., Morgan Stanley, Morgan Stanley, Clearbridge Investments LLC, Citigroup Inc., Russell Investments Group Ltd., UBS Group AG, and Tiedemann Advisors LLC. View insider buying and selling activity for Holly Energy Partners.

HEP stock was purchased by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Wells Fargo & Company MN, Harvest Fund Advisors LLC, JPMorgan Chase & Co., Arkfeld Wealth Strategies L.L.C., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, ING Groep NV, and Avalon Investment & Advisory. 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 $15.84.

Holly Energy Partners has a market capitalization of $1.67 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]