Holly Energy Partners Future Growth

Future criteria checks 2/6

Holly Energy Partners is forecast to grow earnings and revenue by 10.1% and 4.9% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 25.7% in 3 years.

Key information

10.1%

Earnings growth rate

9.4%

EPS growth rate

Oil and Gas earnings growth	2.1%
Revenue growth rate	4.9%
Future return on equity	25.7%
Analyst coverage	Low
Last updated	17 Oct 2023

Recent future growth 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: 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

Earnings and Revenue Growth Forecasts

NYSE:HEP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	648	289	N/A	N/A	2
12/31/2024	642	280	334	379	3
12/31/2023	602	239	289	339	3
9/30/2023	584	239	321	351	N/A
6/30/2023	575	218	314	346	N/A
3/31/2023	571	224	297	329	N/A
12/31/2022	547	216	292	331	N/A
9/30/2022	523	194	249	292	N/A
6/30/2022	497	201	231	284	N/A
3/31/2022	488	199	213	284	N/A
12/31/2021	494	214	204	294	N/A
9/30/2021	503	220	232	331	N/A
6/30/2021	509	188	255	343	N/A
3/31/2021	497	209	246	320	N/A
12/31/2020	498	170	256	316	N/A
9/30/2020	502	165	249	294	N/A
6/30/2020	510	229	244	287	N/A
3/31/2020	526	199	266	304	N/A
12/31/2019	533	225	267	297	N/A
9/30/2019	534	227	269	306	N/A
6/30/2019	524	189	239	279	N/A
3/31/2019	512	184	240	286	N/A
12/31/2018	506	179	248	295	N/A
9/30/2018	503	217	230	278	N/A
6/30/2018	487	215	237	286	N/A
3/31/2018	478	198	226	275	N/A
12/31/2017	454	160	194	238	N/A
9/30/2017	438	99	205	243	N/A
6/30/2017	420	75	N/A	246	N/A
3/31/2017	406	79	N/A	240	N/A
12/31/2016	402	101	N/A	244	N/A
9/30/2016	387	105	N/A	243	N/A
6/30/2016	383	109	N/A	232	N/A
3/31/2016	371	103	N/A	217	N/A
12/31/2015	359	94	N/A	231	N/A
9/30/2015	350	85	N/A	216	N/A
6/30/2015	344	82	N/A	205	N/A
3/31/2015	335	77	N/A	208	N/A
12/31/2014	333	70	N/A	185	N/A
9/30/2014	322	63	N/A	192	N/A
6/30/2014	318	57	N/A	193	N/A
3/31/2014	318	56	N/A	191	N/A
12/31/2013	305	52	N/A	183	N/A
9/30/2013	309	62	N/A	181	N/A
6/30/2013	305	65	N/A	173	N/A
3/31/2013	298	68	N/A	168	N/A
12/31/2012	293	72	N/A	161	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HEP's forecast earnings growth (10.1% per year) is above the savings rate (2.2%).

Earnings vs Market: HEP's earnings (10.1% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: HEP's earnings are forecast to grow, but not significantly.

Revenue vs Market: HEP's revenue (4.9% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: HEP's revenue (4.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HEP's Return on Equity is forecast to be high in 3 years time (25.7%)

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Holly Energy Partners Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 14% to US$21.00

Price target decreased by 7.5% to US$18.50

Price target decreased to US$19.00

Price target decreased to US$20.83

Analysts update estimates

Recent updates

Holly Energy Partners, L.P. Files Form 15

NYSE to File with the SEC A Notification of Removal from Listing on Form 25 to Delist and Deregister the Holly Energy Partners Common Units

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Holly Energy Partners, L.P. Announces Quarterly Distribution, Payable on November 10, 2023

Holly Energy Partners, L.P. to Report Q3, 2023 Results on Nov 02, 2023

Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens

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

Price target increased by 14% to US$21.00

Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.45 in 2Q 2022)

Holly Energy Partners, L.P. Declares Cash Distribution for the Second Quarter of 2023, Payable on August 11, 2023

Holly Energy Partners, L.P. to Report Q2, 2023 Results on Aug 03, 2023

Holly Energy Partners: High Yield But Sustainable

Price target decreased by 7.5% to US$18.50

HF Sinclair Corporation (NYSE:DINO) made a non-binding proposal letter to acquire remaining 52.8% stake in Holly Energy Partners, L.P. (NYSE:HEP) for $1.04 billion.

First quarter 2023 earnings released: EPS: US$0.46 (vs US$0.45 in 1Q 2022)

Full year 2022 earnings: EPS exceeds analyst expectations

Holly Energy Partners Q4 2022 Earnings Preview

Holly Energy Partners, L.P. Announces Distribution for the Fourth Quarter of 2022, Payable on February 13, 2023

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners, L.P. Appoints Robert Jamieson as Senior Vice President and Chief Operating Officer of the Company, Effective January 18, 2023

Holly Energy Partners, L.P. to Report Q4, 2022 Results on Feb 24, 2023

Holly Energy Partners: The Scene Is Set For Higher Distributions

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Holly Energy Partners Q3 2022 Earnings Preview

Holly Energy Partners, L.P. Declares Cash Distribution for the Third Quarter of 2022, Payable on November 11, 2022

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners, L.P. to Report Q3, 2022 Results on Nov 07, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Holly Energy Partners Q2 2022 Earnings Preview

Holly Energy Partners, L.P. Declares Dividend for the Second Quarter of 2022, Payable on August 12, 2022

Holly Energy Partners declares $0.35 dividend

Holly Energy Partners, L.P. to Report Q2, 2022 Results on Aug 08, 2022

Investor sentiment deteriorated over the past week

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

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Holly Energy Partners, L.P. Declares Dividend for the First Quarter of 2022, Payable on May 13, 2022

Holly Energy Partners, L.P. to Report Q1, 2022 Results on May 09, 2022

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

Price target decreased to US$19.00

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

Insufficient new directors

Third quarter 2021 earnings released: EPS US$0.47 (vs US$0.17 in 3Q 2020)

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

Key Executive recently bought US$135k worth of stock

Price target decreased to US$20.83

Holly Energy Partners, L.P. (NYSE:HEP) entered into an agreement to acquire Sinclair Transportation Company from The Sinclair Companies for approximately $750 million.

Second quarter 2021 earnings released: EPS US$0.53 (vs US$0.72 in 2Q 2020)

The 6.5% Distribution Yield Of Holly Energy Partners Is Safe

Holly Energy Partners, L.P. Announces Goodwill Impairment Three Months Ended March 31, 2021

First quarter 2021 earnings released: EPS US$0.61 (vs US$0.24 in 1Q 2020)

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS US$1.62 (vs US$2.13 in FY 2019)

New 90-day high: US$15.45

New 90-day high: US$15.03

Holly Energy Partners, L.P. to Report Q4, 2020 Results on Feb 23, 2021

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

New 90-day high: US$14.87

Market bids up stock over the past week

Analysts update estimates

Holly Energy Partners upped at Credit Suisse on cash flow yield

Third quarter 2020 earnings released: EPS US$0.17

Revenue beats expectations, earnings disappoint

New 90-day low: US$11.78

Holly Energy Partners, L.P. to Report Q3, 2020 Results on Nov 04, 2020

New 90-day low: US$12.81

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts