Holly Energy Partners, L.P.

NYSE:HEP Stock Report

Market Cap: US$2.6b

Holly Energy Partners Past Earnings Performance

Past criteria checks 5/6

Holly Energy Partners has been growing earnings at an average annual rate of 2.1%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been growing at an average rate of 1.6% per year. Holly Energy Partners's return on equity is 24.3%, and it has net margins of 40.9%.

Key information

2.1%

Earnings growth rate

-1.8%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate1.6%
Return on equity24.3%
Net Margin40.9%
Last Earnings Update30 Sep 2023

Recent past performance 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

Revenue & Expenses Breakdown

How Holly Energy Partners makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:HEP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 23584239160
30 Jun 23575218160
31 Mar 23571224160
31 Dec 22547216150
30 Sep 22523194140
30 Jun 22497201140
31 Mar 22488199130
31 Dec 21494214130
30 Sep 21503220120
30 Jun 21509188110
31 Mar 21497209100
31 Dec 20498170100
30 Sep 20502165170
30 Jun 20510229170
31 Mar 20526199170
31 Dec 19533225100
30 Sep 19534227100
30 Jun 19524189100
31 Mar 19512184110
31 Dec 18506179110
30 Sep 18503217140
30 Jun 18487215150
31 Mar 18478198150
31 Dec 17454160140
30 Sep 1743899130
30 Jun 1742075120
31 Mar 1740679120
31 Dec 16402101130
30 Sep 16387105120
30 Jun 16383109130
31 Mar 16371103120
31 Dec 1535994130
30 Sep 1535085130
30 Jun 1534482110
31 Mar 1533577110
31 Dec 1433370110
30 Sep 1432263110
30 Jun 1431857110
31 Mar 1431856120
31 Dec 1330552120
30 Sep 1330962100
30 Jun 133056590
31 Mar 132986890
31 Dec 122937280

Quality Earnings: HEP has high quality earnings.

Growing Profit Margin: HEP's current net profit margins (40.9%) are higher than last year (37%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HEP's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: HEP's earnings growth over the past year (23.5%) exceeds its 5-year average (2.1% per year).

Earnings vs Industry: HEP earnings growth over the past year (23.5%) exceeded the Oil and Gas industry -7.1%.

Return on Equity

High ROE: Whilst HEP's Return on Equity (24.33%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/02 00:53
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 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.

AnalystInstitution
Yim ChengBarclays
Stewart GlickmanCFRA Equity Research
Douglas IrwinCitigroup Inc