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Holly Energy Partners, L.P.NYSE:HEP Voorraadrapport

Marktkapitalisatie US$2.6b
Prijs aandeel
n/a
1Y5.1%
7D-2.7%
1D-0.8%
Portefeuillewaarde
​
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Holly Energy Partners, L.P.

NYSE:HEP Voorraadrapport

Marktkapitalisatie: US$2.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Holly Energy Partners (HEP) Aandelenoverzicht

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. Meer informatie

Beloningen

Verhandeld tegen 50.1% onder onze schatting van de reële waarde

De winst zal naar verwachting met 10.15% per jaar groeien

De winst groeide het afgelopen jaar met 23.5%

Risicoanalyse

Onstabiel dividend track record

Heeft een hoog schuldenniveau


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Holly Energy Partners, L.P. Concurrenten

Prijsgeschiedenis en prestaties

Overzicht van hoogtepunten, dieptepunten en veranderingen in de aandelenkoersen voor Holly Energy Partners
Historische aandelenkoersen
Huidige aandelenkoersUS$20.45
52 Week HoogtepuntUS$23.62
52 Week LaagUS$15.51
Bèta0.84
1 maand verandering-6.92%
3 maanden verandering-6.58%
1 Jaar Verandering5.14%
3 jaar verandering37.53%
5 jaar verandering-28.12%
Verandering sinds IPO66.60%

Recent nieuws en updates

Seeking Alpha • Oct 04

Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens

Summary 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. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Oct 04

Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens

Summary 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. Read the full article on Seeking Alpha
Seeking Alpha • Sep 22

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

Summary 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. Net-net, rate buy. Read the full article on Seeking Alpha
Seeking Alpha • Jun 21

Holly Energy Partners: High Yield But Sustainable

Summary 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. Read the full article on Seeking Alpha
Seeking Alpha • Feb 23

Holly Energy Partners Q4 2022 Earnings Preview

Holly Energy Partners (NYSE:HEP) is scheduled to announce Q4 earnings results on Friday, February 24, before market open. The consensus EPS estimate is $0.51. Over the last 2 years, HEP has beaten EPS estimates 75% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. SA contributor DT Analysis expects Holly Energy's (HEP) distribution coverage to climb even higher in 2023 vs. 2022.
Seeking Alpha • Jan 20

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners (NYSE:HEP) declares $0.35/share quarterly dividend, in line with previous. Forward yield 7.18% Payable Feb. 13; for shareholders of record Jan. 30; ex-div Jan. 27. See HEP Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jan 05

Holly Energy Partners: The Scene Is Set For Higher Distributions

Summary Earlier in 2022, Holly Energy Partners placed higher distributions on the horizon. They have not subsequently backed down, at least not publicly, and most importantly, they continue seeing benefits from their Sinclair acquisition. When looking ahead, I estimate their free cash flow, and thus, distribution coverage will climb even higher in 2023 versus 2022. This increases the scope for higher distributions with their investments winding down, thereby maximizing free cash flow. It appears the scene is set for higher distributions, and thus I believe that maintaining my strong buy rating is appropriate.
Seeking Alpha • Nov 04

Holly Energy Partners Q3 2022 Earnings Preview

Holly Energy Partners (NYSE:HEP) is scheduled to announce Q3 earnings results on Monday, November 7th, before market open. The consensus EPS Estimate is $0.52 (+13.0% Y/Y) and the consensus Revenue Estimate is $139.69M (+14.0% Y/Y). Over the last 2 years, HEP has beaten EPS estimates 75% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. Revenue estimates have seen 1 upward revision and 0 downward.
Seeking Alpha • Oct 20

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners (NYSE:HEP) declares $0.35/share quarterly dividend, in line with previous. Forward yield 7.64% Payable Nov. 11; for shareholders of record Oct. 31; ex-div Oct. 28. See HEP Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Aug 05

Holly Energy Partners Q2 2022 Earnings Preview

Holly Energy Partners (NYSE:HEP) is scheduled to announce Q2 earnings results on Monday, August 8th, before market open. The consensus EPS Estimate is $0.52 (+8.3% Y/Y) and the consensus Revenue Estimate is $124.17M (-1.6% Y/Y). Over the last 2 years, HEP has beaten EPS estimates 75% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 0 downward. Revenue estimates have seen 1 upward revision and 0 downward.
Seeking Alpha • Jul 21

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners (NYSE:HEP) declared $0.35/share quarterly dividend, in line with previous. Forward yield 8.3% Payable Aug. 12; for shareholders of record Aug. 1; ex-div July 29. See HEP Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • May 11

Holly Energy Partners: Higher Yield Coming After Sinclair Acquisition, 10%+ Possible

Holly Energy Partners recently completed their acquisition of new assets from Sinclair as their parent company merged with the latter. Whilst this pushed their outstanding unit count higher, it should also boost their free cash flow and thus see their strong distribution coverage remain. It also saw their net debt increase slightly over 20%, but given the circa 20% forecast earnings increase, this should cancel out. When these two variables are combined, it sees scope for distribution growth in the coming years once they finish integrating their new assets. Since their high 8%+ distribution yield stands to potentially grow into a very high 10%+ yield on current cost, I believe that maintaining my buy rating is appropriate.
Seeking Alpha • Feb 24

The 8.2% Distribution Yield Of Holly Energy Partners Is Ideal Amid High Inflation

HEP is offering an 8.2% distribution yield. The distribution of HEP has a wide margin of safety thanks to the defensive business model of the MLP, its strong coverage ratio and its solid balance sheet. HEP is an ideal holding for the investors who are trying to protect the value of their portfolio from the surge of inflation to a multi-decade high.
Seeking Alpha • Dec 07

Holly Energy Partners: The Great Deal, Buy Their 8%+ Yield And Get Any Growth For Free

The current unit price of Holly Energy Partners presents a great deal for investors who can buy their high 8%+ distribution yield whilst getting any growth for free. Their cash flow performance has not only remained resilient throughout 2020 and 2021 but has actually grown moderately, although they are currently focused on deleveraging instead of higher distributions. When looking ahead, their Sinclair acquisition will see their leverage edge higher but does not pose any significant risks. There is uncertainty over when and by how much they will grow their distributions after this acquisition but at least they will remain sustainable. Since their intrinsic value is at least approximately 20% higher even without any distribution growth, I believe that maintaining my bullish rating is appropriate.
Seeking Alpha • Sep 20

All MLP Investors Should Have This Name In Their Portfolio: Holly Energy Partners

HEP units are currently undervalued with a safe 7.7% yield. Distributions are likely to increase over the coming years and are protected from inflation. The company generates some of the highest returns on capital in midstream. The units should be bought for long-term holding below $19.00.
Seeking Alpha • Jul 21

The 6.5% Distribution Yield Of Holly Energy Partners Is Safe

HEP is offering an attractive 6.5% distribution yield. HEP has proved resilient to the pandemic. While most energy companies saw their cash flows collapse last year, HEP grew its distributable cash flow 4% last year. HEP has a strong distribution coverage ratio of 2.0.

Rendement voor aandeelhouders

HEPUS Oil and GasUS Markt
7D-2.7%6.8%0.6%
1Y5.1%39.0%20.1%

Rendement versus industrie: HEP overtrof de US Oil and Gas industrie, die het afgelopen jaar een rendement 39 % opleverde.

Rendement versus markt: HEP presteerde slechter dan US Market, dat het afgelopen jaar een rendement van 20.1 % opleverde.

Prijsvolatiliteit

Is HEP's price volatile compared to industry and market?
HEP volatility
HEP Average Weekly Movement3.5%
Oil and Gas Industry Average Movement6.0%
Market Average Movement7.1%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

Stabiele aandelenkoers: HEP heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.

Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 4% ) van HEP is het afgelopen jaar stabiel geweest.

Over het bedrijf

OpgerichtWerknemersCEOWebsite
2004n/aMike Jenningswww.hollyenergy.com

Holly Energy Partners, L.P. Samenvatting

Hoe verhouden de winst en inkomsten van Holly Energy Partners zich tot de beurswaarde?
HEP fundamentele statistieken
MarktkapitalisatieUS$2.59b
Inkomsten(TTM)US$238.92m
Inkomsten(TTM)US$583.92m
10.8x
Koers/Winstverhouding
4.4x
P/S-verhouding

Is HEP overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
HEP resultatenrekening (TTM)
InkomstenUS$583.92m
Kosten van inkomstenUS$217.34m
BrutowinstUS$366.58m
Overige uitgavenUS$127.66m
InkomstenUS$238.92m

Laatst gerapporteerde inkomsten

Sep 30, 2023

Volgende inkomensdatum

n.v.t.

Winst per aandeel (EPS)1.89
Brutomarge62.78%
Nettowinstmarge40.92%
Schuld/Eigen Vermogen Verhouding143.2%

Hoe presteerde HEP op de lange termijn?

Bekijk historische prestaties en vergelijking

Dividenden

6.8%
Huidig dividendrendement
74%
Uitbetalingsratio

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2023/12/02 09:49
Aandelenkoers aan het einde van de dag2023/11/30 00:00
Inkomsten2023/09/30
Jaarlijkse inkomsten2022/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Holly Energy Partners, L.P. wordt gevolgd door 11 analisten. 3 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
Yim ChengBarclays
Douglas IrwinCitigroup Inc
Steven SherowskiGoldman Sachs