×
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NYSE:HEP

Holly Energy Partners (HEP) Stock Forecast, Price & News

$19.05
+0.63 (+3.42%)
(As of 05/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$18.42
$19.06
50-Day Range
$16.08
$19.08
52-Week Range
$15.61
$23.69
Volume
147,362 shs
Average Volume
263,545 shs
Market Capitalization
$2.41 billion
P/E Ratio
10.19
Dividend Yield
7.60%
Beta
0.87
30 days | 90 days | 365 days | Advanced Chart
Receive HEP News and Ratings via Email

Sign-up to receive the latest news and ratings for Holly Energy Partners and its competitors with MarketBeat's FREE daily newsletter.

Holly Energy Partners logo

About Holly Energy Partners

Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. It operates through two segments, Pipelines and Terminals, and Refinery Processing Unit. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils; 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; 1 lube 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 five refinery processing units. The company was incorporated in 2004 and is based in Dallas, Texas.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Sales & Book Value

Annual Sales
$494.49 million
Cash Flow
$3.55 per share
Book Value
$7.07 per share

Profitability

Net Income
$214.95 million
Pretax Margin
43.64%

Debt

Price-To-Earnings

Miscellaneous

Free Float
125,428,000
Market Cap
$2.41 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 5/13 Dividend
4/29/2022
Last Earnings
5/09/2022
Dividend Payable
5/13/2022
Today
5/28/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.96 out of 5 stars

Oils/Energy Sector

131st out of 386 stocks

Pipelines, Except Natural Gas Industry

8th out of 21 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -













Holly Energy Partners (NYSE:HEP) Frequently Asked Questions

Is Holly Energy Partners a buy right now?

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

Are investors shorting Holly 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 1,100,000 shares, a decrease of 19.7% from the April 15th total of 1,370,000 shares. Based on an average daily trading volume, of 287,200 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.4% of the company's stock 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 Tuesday, August 2nd 2022.
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 data on Monday, May, 9th. The pipeline company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.04. The pipeline company had revenue of $120.20 million for the quarter, compared to analysts' expectations of $117.25 million. Holly Energy Partners had a net margin of 41.05% and a trailing twelve-month return on equity of 29.60%. Holly Energy Partners's revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 EPS.
View Holly Energy Partners' earnings history
.

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, April 22nd. Investors of record on Monday, May 2nd will be given a dividend of $0.35 per share on Friday, May 13th. This represents a $1.40 annualized dividend and a yield of 7.35%. The ex-dividend date is Friday, April 29th.
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 7.60%. HEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Holly Energy Partners is 74.87%. 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 69.65% 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?

5 brokerages have issued twelve-month target prices for Holly Energy Partners' shares. Their forecasts range from $15.00 to $22.00. On average, they expect Holly Energy Partners' stock price to reach $19.40 in the next twelve months. This suggests a possible upside of 1.8% 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:
  • Mr. Michael C. Jennings, Chairman & CEO of Holly Logistic Services LLC (Age 56, Pay $2.29M)
  • Mr. Richard Lawrence Voliva III, C.F.A., Pres of Holly Logistic Services LLC (Age 44, Pay $1.16M)
  • Mr. John Wayne Harrison Jr., Sr. VP, CFO & Treasurer of Holly Logistic Services LLC (Age 43, Pay $272.37k)
  • Ms. Vaishali S. Bhatia, Sr. VP, Gen. Counsel & Sec. of Holly Logistic Services LLC (Age 39, Pay $605.72k)
  • Mr. Mark T. Cunningham, Consultant of Holly Logistic Services, LLC (Age 62, Pay $664.53k)
  • Mr. Craig Biery, VP of Investor Relations
  • Mr. Kenneth P. Norwood, VP & Controller of Holly Logistic Services LLC (Age 56)
  • Trey Schonter, Exec. of Investor Relations
  • Jared Harding, Investor Relations Officer
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 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 retail and institutional investors. Top institutional investors include Blackstone Inc. (3.23%), Mirae Asset Global Investments Co. Ltd. (3.09%), Invesco Ltd. (2.63%), UBS Group AG (0.75%), JPMorgan Chase & Co. (0.74%) and Goldman Sachs Group Inc. (0.71%). Company insiders that own Holly Energy Partners stock include James H Lee and Michael Jennings.
View institutional ownership trends for Holly Energy Partners
.

Which institutional investors are selling Holly Energy Partners stock?

HEP stock was sold by a variety of institutional investors in the last quarter, including Blackstone Inc., Mirae Asset Global Investments Co. Ltd., First Trust Advisors LP, Citigroup Inc., Miller Howard Investments Inc. NY, Annandale Capital LLC, and HighTower Advisors LLC.
View insider buying and selling activity for Holly Energy Partners
or view top insider-selling stocks.

Which institutional investors are buying Holly Energy Partners stock?

HEP stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Goldman Sachs Group Inc., UBS Group AG, Bollard Group LLC, Nations Financial Group Inc. IA ADV, Bank of Montreal Can, Invesco Ltd., and Groesbeck Investment Management Corp NJ.
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 $19.05.

How much money does Holly Energy Partners make?

Holly Energy Partners has a market capitalization of $2.41 billion and generates $494.49 million in revenue each year. The pipeline company earns $214.95 million in net income (profit) each year or $1.87 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.

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, via email at [email protected], or via fax at 214-871-3560.

This page was last updated on 5/28/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.