Holly Energy Partners, L.P. HEP
At closeNov 30, 2023, 4:00 PM EST
52-week range unavailable
- Market cap
- 2.59B
- Revenue (ttm)
- 583.92M
- Profit margin
- 40.97%
- Shares out
- 126.44M
- Forward P/E
- 9.38
- Dividend
- 1.40 (6.85%)
- Ex-dividend date
- Oct 26, 2023
- Volume
- 17.22M
- Open
- 20.65
- Previous close
- 20.45
- Day's range
- 20.33 – 20.84
- Beta
- 0.84
- Analysts
- Hold
- Price target
- 22.00 (+7.6%)
- Earnings date
- Nov 2, 2023
2Y +3.69 (+22.02%)
Key statistics
- Enterprise value
- 4.24B
- PEG ratio
- -9.02
- Price / sales
- 4.43
- Price / book
- 2.89
- Dividend yield
- 6.85%
- Payout ratio
- 73.68%
- Revenue growth
- 6.30%
- Free cash flow
- 166.81M
- Total cash
- 11.22M
- Total debt
- 1.54B
- Return on equity
- 25.08%
- Short % of float
- 3.61%
- 50-day average
- 21.21
- 200-day average
- 19.37
Analyst view
Consensus: hold
- Strong buy0
- Buy0
- Hold7
- Sell0
- Strong sell0
Next earnings
Nov 2, 2023
Expected Nov 2, 2023. Consensus EPS estimate 0.53.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 2, 2023 | Sep 1, 2023 | 0.52 | — | — | — |
| Aug 3, 2023 | Jun 1, 2023 | 0.47 | — | — | — |
| May 4, 2023 | Mar 1, 2023 | 0.42 | — | — | — |
| Feb 24, 2023 | Dec 1, 2022 | 0.53 | — | — | — |
| Nov 7, 2022 | Sep 1, 2022 | 0.49 | — | — | — |
| Aug 8, 2022 | Jun 1, 2022 | 0.50 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 24, 2023 | Raymond James | down | Outperform | Market Perform |
| Aug 16, 2023 | Citigroup | main | Neutral | Neutral |
| Aug 3, 2023 | Raymond James | main | Outperform | Outperform |
| Jul 11, 2023 | Citigroup | reit | Neutral | Neutral |
| May 8, 2023 | Citigroup | main | — | Neutral |
| May 4, 2023 | Raymond James | main | — | Outperform |
About Holly Energy Partners, L.P.
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. Holly Energy Partners, L.P. was incorporated in 2004 and is based in Dallas, Texas. As of December 1, 2023, Holly Energy Partners, L.P. operates as a subsidiary of HF Sinclair Corporation.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- hollyenergy.com
News
Howard Energy Partners to Acquire Iron Horse Midstream 
Midstream Scales Up Natural Gas Infrastructure 
Aligos Therapeutics Presents Positive Data at HEP-DART 2025 
Galmed Announces Acceptance of a Late-Breaking Abstract to be Presented at HEP-DART 2025 Meeting 
Precision BioSciences Announces Presentation of Clinical Data from the ELIMINATE-B Trial at HEP-DART 2025 
TortoiseEcofin Announces Constituent Changes Due to Corporate Action 
HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Expiration and Final Results of Exchange Offers and Consent Solicitations for Outstanding Notes of the HEP Issuers 
HF Sinclair Corporation Stockholders and Holly Energy Partners, L.P. Unitholders Approve Merger Transaction 
HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Results of Early Participation in Exchange Offers and Consent Solicitations for Outstanding Notes of the HEP Issuers and Extension of the Early Participation Exchange Consideration 
HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Results of Early Participation in Exchange Offers and Consent Solicitations for Outstanding Notes of the HEP Issuers and Extension of the Early Participation Exchange Consideration
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BALDWIN LARRY R. | Director | Stock Award(Grant) | Oct 24, 2023 | 41,627 |
| CUNNINGHAM MARK T | Officer | Stock Award(Grant) | Feb 8, 2022 | 84,197 |
| JAMIESON ROBERT I | Officer | Stock Award(Grant) | Oct 24, 2023 | 66,501 |
| JENNINGS MICHAEL C | Chief Executive Officer | Purchase | Aug 9, 2021 | 26,377 |
| LAFOLLETTE CHRISTINE B. | Director | Stock Award(Grant) | Oct 24, 2023 | 36,175 |
| LEE JAMES H | Affiliated Person | Stock Award(Grant) | Oct 24, 2023 | 32,106 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps Advisors Inc. | 5.52% | 6,980,150 | 129.13M | Jun 29, 2023 |
| Mirae Asset Global Investments Co., Ltd. | 3.82% | 4,835,781 | 89.46M | Jun 29, 2023 |
| Energy Income Partners, LLC | 2.78% | 3,514,813 | 65.02M | Jun 29, 2023 |
| Blackstone Inc | 2.39% | 3,022,419 | 55.91M | Jun 29, 2023 |
| Invesco Ltd. | 1.73% | 2,183,461 | 40.39M | Jun 29, 2023 |
| Goldman Sachs Group Inc | 1.72% | 2,180,319 | 40.34M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps ETF Tr-Alerian MLP ETF | 5.30% | 6,702,908 | 115.09M | May 30, 2023 |
| Invesco Steelpath MLP Select 40 Fund | 1.73% | 2,183,461 | 37.49M | May 30, 2023 |
| Global X Fds-Global X MLP ETF | 1.57% | 1,989,309 | 43.69M | Sep 29, 2023 |
| Goldman Sachs Tr-Goldman Sachs MLP Energy Infrastructure Fund | 0.78% | 989,711 | 16.99M | May 30, 2023 |
| First Trust North American Energy Infrastructure Fund | 0.73% | 926,764 | 20.35M | Sep 29, 2023 |
| Global X Fds-Global X SuperDividend U.S. ETF | 0.60% | 760,277 | 16.70M | Sep 29, 2023 |