HEP Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Holly Energy Partners, L.P. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.45 |
| 52 Week High | US$23.62 |
| 52 Week Low | US$15.51 |
| Beta | 0.84 |
| 1 Month Change | -6.92% |
| 3 Month Change | -6.58% |
| 1 Year Change | 5.14% |
| 3 Year Change | 37.53% |
| 5 Year Change | -28.12% |
| Change since IPO | 66.60% |
Recent News & Updates
Recent updates
Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens
Oct 04Holly Energy Partners: Excellent Prospects Driven By High Economic Leverage On Capital Deployed
Sep 22Holly Energy Partners: High Yield But Sustainable
Jun 21Holly Energy Partners Q4 2022 Earnings Preview
Feb 23Holly Energy Partners declares $0.35 dividend
Jan 20Holly Energy Partners: The Scene Is Set For Higher Distributions
Jan 05Holly Energy Partners Q3 2022 Earnings Preview
Nov 04Holly Energy Partners declares $0.35 dividend
Oct 20Holly Energy Partners Q2 2022 Earnings Preview
Aug 05Holly Energy Partners declares $0.35 dividend
Jul 21Holly Energy Partners: Higher Yield Coming After Sinclair Acquisition, 10%+ Possible
May 11The 8.2% Distribution Yield Of Holly Energy Partners Is Ideal Amid High Inflation
Feb 24Holly Energy Partners: The Great Deal, Buy Their 8%+ Yield And Get Any Growth For Free
Dec 07All MLP Investors Should Have This Name In Their Portfolio: Holly Energy Partners
Sep 20The 6.5% Distribution Yield Of Holly Energy Partners Is Safe
Jul 21Holly Energy Partners: The 10% Yield Still Looking Healthy In 2021
Dec 21Holly Energy Partners upped at Credit Suisse on cash flow yield
Nov 10Shareholder Returns
| HEP | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -2.7% | -6.6% | -3.5% |
| 1Y | 5.1% | 1.7% | 22.1% |
Return vs Industry: HEP exceeded the US Oil and Gas industry which returned -3.2% over the past year.
Return vs Market: HEP underperformed the US Market which returned 14.1% over the past year.
Price Volatility
| HEP volatility | |
|---|---|
| HEP Average Weekly Movement | 3.5% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HEP has not had significant price volatility in the past 3 months.
Volatility Over Time: HEP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | Mike Jennings | www.hollyenergy.com |
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. Fundamentals Summary
| HEP fundamental statistics | |
|---|---|
| Market cap | US$2.59b |
| Earnings (TTM) | US$238.92m |
| Revenue (TTM) | US$583.92m |
10.8x
P/E Ratio4.4x
P/S RatioIs HEP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HEP income statement (TTM) | |
|---|---|
| Revenue | US$583.92m |
| Cost of Revenue | US$217.34m |
| Gross Profit | US$366.58m |
| Other Expenses | US$127.66m |
| Earnings | US$238.92m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.89 |
| Gross Margin | 62.78% |
| Net Profit Margin | 40.92% |
| Debt/Equity Ratio | 143.2% |
How did HEP perform over the long term?
See historical performance and comparisonDividends
6.8%
Current Dividend Yield74%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/02 05:28 |
| End of Day Share Price | 2023/11/30 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Holly Energy Partners, L.P. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yim Cheng | Barclays |
| Stewart Glickman | CFRA Equity Research |
| Douglas Irwin | Citigroup Inc |