Holly Energy Partners, L.P.

NYSE:HEP Stock Report

Market Cap: 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 Dividends and Buybacks

Dividend criteria checks 4/6

Holly Energy Partners is a dividend paying company with a current yield of 6.85% that is well covered by earnings.

Key information

6.8%

Dividend yield

0.07%

Buyback Yield

Total Shareholder Yield6.9%
Future Dividend Yield8.1%
Dividend Growth-3.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio74%

Recent dividend and buyback updates

Recent updates

Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens

Oct 04

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

Sep 22

Holly Energy Partners: High Yield But Sustainable

Jun 21

Holly Energy Partners Q4 2022 Earnings Preview

Feb 23

Holly Energy Partners declares $0.35 dividend

Jan 20

Holly Energy Partners: The Scene Is Set For Higher Distributions

Jan 05

Holly Energy Partners Q3 2022 Earnings Preview

Nov 04

Holly Energy Partners declares $0.35 dividend

Oct 20

Holly Energy Partners Q2 2022 Earnings Preview

Aug 05

Holly Energy Partners declares $0.35 dividend

Jul 21

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

May 11

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

Feb 24

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

Dec 07

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

Sep 20

The 6.5% Distribution Yield Of Holly Energy Partners Is Safe

Jul 21

Holly Energy Partners: The 10% Yield Still Looking Healthy In 2021

Dec 21

Holly Energy Partners upped at Credit Suisse on cash flow yield

Nov 10

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HEP's dividend payments have been volatile in the past 10 years.

Growing Dividend: HEP's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Holly Energy Partners Dividend Yield vs Market
How does HEP dividend yield compare to the market?
SegmentDividend Yield
Company (HEP)6.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Oil and Gas)4.1%
Analyst forecast (HEP) (up to 3 years)8.1%

Notable Dividend: HEP's dividend (6.85%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: HEP's dividend (6.85%) is in the top 25% of dividend payers in the US market (4.79%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.1%), HEP's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), HEP's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/02 03:34
End of Day Share Price 2023/11/30 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 15 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.

AnalystInstitution
Yim ChengBarclays
Stewart GlickmanCFRA Equity Research
Douglas IrwinCitigroup Inc