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.

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q3 2024

Holly Energy Partners reports strong Q4 performance and growth strategies

HEP delivered a robust performance in Q4 2022, driven by strong financials and strategic decisions.
While facing challenges in certain segments, the company remains focused on growth and shareholder returns.
Opportunities lie in capital allocation strategies, market demand, and potential growth avenues.
Overall, HEP's performance reflects resilience and a proactive approach to navigating industry dynamics.

HEP and HF Sinclair report robust Q1 earnings and consolidation plans

HEP and HF Sinclair demonstrated strong financial performance in Q1, with a focus on operational excellence and cash flow generation
Consolidation efforts and acquisitions aim to simplify operations, improve synergies, and enhance customer reliability
Challenges include margin pressures, operational disruptions from maintenance, and strategic decisions on acquisitions and capital allocation
Opportunities lie in leveraging portfolio strengths, optimizing refining operations, and capitalizing on market growth potential

HEP reports Q2 earnings, faces supply chain challenges, eyes growth

HEP's Q2 2023 performance reflects a mix of segment-specific challenges and strengths, with a focus on operational optimization and shareholder value.
The company's commitment to returning excess cash to shareholders, coupled with strategic share repurchases, underscores confidence in future prospects.
Challenges related to supply chain disruptions and tightening margins are being addressed through operational improvements and strategic initiatives.
Opportunities in market positioning, operational optimization, and demand growth provide avenues for future growth and enhanced performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Holly Energy Partners provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry.Founded by a management team having many years of industry experience, Holly Energy Partners, L.P. became a public company in July 2004. With their background and expertise, they are primed for growth and positioned for long-term success.

HF Sinclair Corp

OVERLAND PARK, KS / ACCESSWIRE / November 30, 2023 / TortoiseEcofin today announced that Holly Energy Partners LP (NYSE:HEP) will be removed from the Tortoise MLP Index ® (TMLP) and the Tortoise North American Pipeline IndexSM (TNAP) as a result of the approved acquisition by HF Sinclair Corp (NYSE:DINO). Due to the acquisition, HEP will be removed from indices at market open on Friday, December 1, 2023.

TortoiseEcofin Announces Constituent Changes Due to Corporate Action

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) today announced the expiration and final results of the previously announced (i) private offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all outstanding (a) 6.375% Senior Notes due 2027 (the “2027 Notes”) and (b) 5.000% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “HEP Notes”) previously.

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

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (“HEP”) (NYSE: HEP) announced that at a special meeting of HEP unitholders (the “HEP Special Meeting”) and a special meeting of HF Sinclair stockholders (the “HF Sinclair Special Meeting”), each held today, (i) HEP unitholders voted to approve the previously announced Agreement and Plan of Merger (as the same may be amended or supplemented from time to time, the “Merger Agreement”), dat.

HF Sinclair Corporation Stockholders and Holly Energy Partners, L.P. Unitholders Approve Merger Transaction

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) today announced that as of 5:00 p.m., New York City time, on November 13, 2023 (the “Early Participation Date”), that $880,229,000 in aggregate principal amount of outstanding HEP Notes (as defined below) previously issued by HEP and Holly Energy Finance Corp. (“Finance Corp.” and, together with HEP, the “HEP Issuers”), representing approximately 97.80% of the total.

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

Holly Energy Partners, L.P. (NYSE:HEP ) Q3 2023 Results Conference Call November 2, 2023 9:30 AM ET Company Participants Tim Go - Chief Executive Officer Atanas Atanasov - Chief Financial Officer Steve Ledbetter - EVP of Commercial Valerie Pompeia - EVP of Operations Matt Joyce - SVP of Lubricants and Specialities John Harrison - Chief Financial Officer, Holly Energy Partners Craig Biery - Vice President, Investor Relations Conference Call Participants Manav Gupta - UBS Ryan Todd - Piper Sandler Doug Leggate - Bank of America Paul Cheng - Scotiabank Matthew Blair - TPH Roger Read - Wells Fargo Securities Jason Gabelman - TD Cowen Joe Laetsch - Morgan Stanley Operator Welcome to HF Sinclair Corporation and Holly Energy Partners Third Quarter 2023 Conference Call and Webcast.

Holly Energy Partners, L.P. (HEP) Q3 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP") (NYSE: HEP) today reported financial results for the third quarter of 2023. Net income attributable to HEP for the third quarter of 2023 was $63.0 million ($0.50 per basic and diluted limited partner unit), compared to $42.0 million ($0.33 per basic and diluted limited partner unit) for the third quarter of 2022. Results for the third quarters of 2023 and 2022 reflect reductions to our equity in earnings of equity method investments o.

Holly Energy Partners, L.P. Reports Third Quarter Results

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Holly Energy Partners, L.P. (NYSE: HEP) to HF Sinclair Corporation (NYSE: DINO). Under the terms of the proposed transaction, common unitholders of Holly Energy will receive 0.315 shares of HF Sinclair common stock and $4.00 in cash, without interest, for each publicly held common unit of Holly Energy that the.

HOLLY ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Holly Energy Partners, L.P. - HEP

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) today announced the commencement of private offers by HF Sinclair to all Eligible Holders (as defined herein) to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) notes previously issued by HEP and Holly Energy Finance Corp. (“Finance Corp.” and together with HEP, the “HEP Issuers”) listed in the table below (the “HEP Notes”), pursuant to t.

HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Commencement of Private Exchange Offers and Consent Solicitations by HF Sinclair Corporation for Outstanding Notes of Holly Energy Partners, L.P.

DALLAS--(BUSINESS WIRE)--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per common unit for the third quarter of 2023. The distribution will be paid on November 10, 2023 to unitholders of record on October 30, 2023. HEP plans to announce results for its third quarter of 2023 on November 2, 2023 before the opening of trading on the NYSE and has scheduled a webcast conference on November 2, 2023 at 9:30 a.m. Eastern Time to discuss finan.

Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP unit

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending September 30, 2023 on November 2, 2023, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on November 2, 2023 at 9:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/172908001. An audio archive of t.

HF Sinclair Corporation and Holly Energy Partners, L.P. Third Quarter 2023 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending September 30, 2023 on November 2, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on November 2, 2023 at 9:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/172908001 An audio archive of th.

Holly Energy Partners, L.P. and HF Sinclair Corporation Third Quarter 2023 Earnings Release and Conference Webcast

Holly Energy Partners has seen its share appreciate by over 40% in the last 12 months, with a forward yield of over 6%. HEP operates a network of pipelines and storage tanks strategically located near refineries, providing stable and predictable revenue. The company is well-positioned in regions with promising growth prospects, such as the Mid-Continent, Southwest, and Northwest areas of the United States.

Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens

Holly Energy Partners enjoys consumer advantages and cost differentiation benefits given its industry positioning. HEP's latest financial results continued its high post-tax margins and confirmed its ability to compound capital. Investors should be aware of the risks associated with HEP, including its exposure to macroeconomic and commodity cycles, the inflation/rates axis, and relative valuation compared to peers.

Holly Energy Partners: Excellent Prospects Driven By High Economic Leverage On Capital Deployed

Antero Midstream Partners

Baker Hughes Co

Calumet Inc

Dominion Energy

Delek US Hlds

Delek Logistics Partners

Enbridge

Equitrans Midstream

Genesis Energy

Kinder Morgan

Cheniere Energy

Martin Midstream Partners

ONEOK

Plains All American Pipeline

Plains GP Hlds

Tellurian

Targa Resources

TC Energy

Western Gas Partners

Williams

Energy was the best-performing S&P 500 sector, notably outperforming technology shares. The fundamental setup for oil and oil-related equities remains bullish. Energy stocks are likely to continue to outperform as higher oil prices raise concerns about inflation and higher interest rates.

Energy Income Weekly: The Energy Sector Starts To Outperform

MILWAUKEE , Aug. 21, 2023 /PRNewswire/ -- Ademi LLP is investigating Holly Energy (NYSE: HEP) for possible breaches of fiduciary duty and other violations of law in its transaction with HF Sinclair.  Click here to learn how to join the action https://www.ademilaw.com/case/holly-energy-partners-lp or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Holly Energy Partners, L.P. has obtained a Fair Price in its transaction with HF Sinclair

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Holly Energy Partners, L.P. (NYSE: HEP) to HF Sinclair Corporation for 0.315 shares of HF Sinclair common stock and $4.00 in cash, without interest, for each publicly held common unit of Holly Energy is fair to Holly Energy shareholders. Halper Sadeh encourages Holly Energy shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary.

HEP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Holly Energy Partners, L.P. Is Fair to Shareholders

HF Sinclair will acquire all the outstanding shares of smaller oil pipeline operator Holly Energy Partners that it does not already own in a cash and stock deal, the companies said on Wednesday.

HF Sinclair to buy remaining stake in Holly Energy

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) announced today that they have entered into a definitive merger agreement for HF Sinclair to acquire all of the outstanding common units (“Common Units”) of HEP not owned by HF Sinclair or its affiliates in exchange for a combination of common stock, par value $0.01 per share, of HF Sinclair (“Common Stock”) and cash. The agreement provides for c.

HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Definitive Merger Agreement

Holly Energy Partners, L.P. (NYSE:HEP ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Craig Biery - Vice President, Investor Relations Tim Go - Chief Executive Officer, HF Sinclair Atanas Atanasov - Chief Financial Officer John Harrison - Chief Financial Officer, Holly Energy Partners Steve Ledbetter - Executive Vice President, Commercial Valerie Pompa - Executive Vice President, Operations Matt Joyce - Senior Vice President, Lubricants & Specialties Conference Call Participants Manav Gupta - UBS Neil Mehta - Goldman Sachs Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Roger Read - Wells Fargo Operator Welcome to HF Sinclair Corporation and Holly Energy Partners Second Quarter 2023 Conference Call and Webcast.

Holly Energy Partners, L.P. (HEP) Q2 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the second quarter of 2023. Net income attributable to HEP for the second quarter of 2023 was $50.2 million ($0.40 per basic and diluted limited partner unit), compared to $56.8 million ($0.45 per basic and diluted limited partner unit) for the second quarter of 2022. The decrease in net income attributable to HEP was mainly due to higher interest expense associated.

Holly Energy Partners, L.P. Reports Second Quarter Results

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending June 30, 2023 on August 3, 2023, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on August 3, 2023 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/369077342 An audio archive of this webcas.

HF Sinclair Corporation and Holly Energy Partners, L.P. Second Quarter 2023 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending June 30, 2023 on August 3, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on August 3, 2023 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/369077342. An audio archive of this webca.

Holly Energy Partners, L.P. and HF Sinclair Corporation Second Quarter 2023 Earnings Release and Conference Webcast

Holly Energy Partners L.P. offers a high-yielding dividend aristocrat, with a solid position in the oil and gas industry. HEP's financials are strong, with manageable debt and a debt/adjusted EBITDA of 3.75, supported by contracts with HF Sinclair. The company's valuation remains in line with the sector, making it an appealing buy for investors seeking exposure to the energy sector and a solid dividend yield.

Holly Energy Partners: High Yield But Sustainable

Cheniere Energy Partners

CVR Energy

LTC Properties

Moelis

CVR Partners

Xerox

Analyst ratings are a wonderful buy signal. Vanilla investors purchase payers that are widely liked—and wonder why every downgrade dents their pocketbook.

8 Hated Stocks Yielding Up To 18%

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the first quarter of 2023. Net income attributable to HEP for the first quarter of 2023 was $57.5 million ($0.45 per basic and diluted limited partner unit), compared to $49.6 million ($0.45 per basic and diluted limited partner unit) for the first quarter of 2022. The increase in net income attributable to HEP was mainly due to net income from Sinclair Transportati.

News for Holly Energy Partners Stock (HEP)