Holly Energy Partners

Holly Energy Partners LP engages in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals, loading rack facilities and refinery processing units. It operates through Pipelines & Terminals and Refinery Processing Unit segments. The company was founded in 2004 and is headquartered in Dallas, TX.

Earnings data Q1 2020

Earnings data Q2 2020

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q3 2024

Holly Energy Partners reports strong Q4 performance and growth strategies

HEP delivered a robust performance in Q4 2022, driven by strong financials and strategic decisions.
While facing challenges in certain segments, the company remains focused on growth and shareholder returns.
Opportunities lie in capital allocation strategies, market demand, and potential growth avenues.
Overall, HEP's performance reflects resilience and a proactive approach to navigating industry dynamics.

HEP and HF Sinclair report robust Q1 earnings and consolidation plans

HEP and HF Sinclair demonstrated strong financial performance in Q1, with a focus on operational excellence and cash flow generation
Consolidation efforts and acquisitions aim to simplify operations, improve synergies, and enhance customer reliability
Challenges include margin pressures, operational disruptions from maintenance, and strategic decisions on acquisitions and capital allocation
Opportunities lie in leveraging portfolio strengths, optimizing refining operations, and capitalizing on market growth potential

HEP reports Q2 earnings, faces supply chain challenges, eyes growth

HEP's Q2 2023 performance reflects a mix of segment-specific challenges and strengths, with a focus on operational optimization and shareholder value.
The company's commitment to returning excess cash to shareholders, coupled with strategic share repurchases, underscores confidence in future prospects.
Challenges related to supply chain disruptions and tightening margins are being addressed through operational improvements and strategic initiatives.
Opportunities in market positioning, operational optimization, and demand growth provide avenues for future growth and enhanced performance.

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Holly Energy Partners provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry.Founded by a management team having many years of industry experience, Holly Energy Partners, L.P. became a public company in July 2004. With their background and expertise, they are primed for growth and positioned for long-term success.

HF Sinclair Corp

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) announced today that it has submitted a non-binding proposal to acquire all of the outstanding common units (“Common Units”) of Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) not beneficially owned by HF Sinclair or its affiliates in exchange for common stock, par value $0.01 per share (“Common Stock”), of HF Sinclair. Under the proposal, HF Sinclair proposes to effect the transaction at a fixed exchange ratio of 0.3.

HF Sinclair Corporation Announces Proposal to Acquire All Outstanding Common Units of Holly Energy Partners, L.P.

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the “Partnership” or “HEP”) announced today that it has received a non-binding proposal letter from HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) to acquire all of the outstanding common units (“Common Units”) of HEP not beneficially owned by HF Sinclair or its affiliates in exchange for shares of common stock, par value $0.01 per share (“Common Stock”), of HF Sinclair. Under the proposal, HF Sinclair proposes to effect th.

Holly Energy Partners, L.P. Acknowledges HF Sinclair Corporation's Proposal to Acquire its Outstanding Common Units

Holly Energy Partners ended 2022 with stronger financial performance in the fourth quarter. In fact, their operating cash flow set a new record, which provides momentum going forward into 2023.

Holly Energy Partners: Fundamentals Keep Strengthening Despite Market Noise

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending March 31, 2023 on May 4, 2023, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on May 4, 2023 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.

HF Sinclair Corporation and Holly Energy Partners, L.P. First Quarter 2023 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending March 31, 2023 on May 4, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on May 4, 2023 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.

Holly Energy Partners, L.P. and HF Sinclair Corporation First Quarter 2023 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--On February 28, 2023, Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2022. The filing can be viewed through a link on the Partnership's internet website at www.hollyenergy.com by selecting the heading "Investors" and then the subheading "Financial Information.

Holly Energy Partners, L.P. Files 2022 Form 10-K

Holly Energy Partners, L.P (NYSE:HEP ) Q4 2022 Earnings Conference Call February 24, 2023 8:30 AM ET Company Participants Craig Biery - Vice President, Investor Relations Mike Jennings - Chief Executive Officer. Atanas Atanasov - Chief Financial Officer, HF Sinclair John Harrison - Chief Financial Officer, Holly Energy Partners Tim Go - President and COO, HF Sinclair Conference Call Participants Theresa Chen - Barclays Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Doug Leggate - Bank of America John Royall - JP Morgan Neil Mehta - Goldman Sachs Matthew Blair - TPH Doug Irwin - Citigroup Operator Welcome to HF Sinclair Corporation and Holly Energy Partners Fourth Quarter 2022 Conference Call and Webcast.

Holly Energy Partners, L.P (HEP) Q4 2022 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) today reported financial results for the fourth quarter of 2022. Net income attributable to HEP for the fourth quarter was $68.5 million ($0.54 per basic and diluted limited partner unit) compared to $45.6 million ($0.43 per basic and diluted limited partner unit) for the fourth quarter of 2021. Distributable cash flow was $85.8 million for the fourth quarter of 2022, an increase of $22.

Holly Energy Partners, L.P. Reports Fourth Quarter Results

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DALLAS--( BUSINESS WIRE )--The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the fourth quarter of 2022. The distribution will be paid on February 13, 2023 to unitholders of record on January 30, 2023.

Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP Unit

DALLAS--( BUSINESS WIRE )--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending December 31, 2022 on February 24, 2023, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on February 24, 2023 at 8:30 a.m. Eastern time to discuss financial results.

HF Sinclair Corporation and Holly Energy Partners, L.P. Fourth Quarter 2022 Earnings Release and Conference Webcast

DALLAS--( BUSINESS WIRE )--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending December 31, 2022 on February 24, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on February 24, 2023 at 8:30 a.m. Eastern time to discuss financial results.

Holly Energy Partners, L.P. and HF Sinclair Corporation Fourth Quarter 2022 Earnings Release and Conference Webcast

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.

Holly Energy Partners: The Scene Is Set For Higher Distributions

Holly Energy Partners, L.P. (NYSE:HEP ) Q3 2022 Earnings Conference Call November 7, 2022 8:30 AM ET Company Participants Mike Jennings - Chief Executive Officer.

Holly Energy Partners, L.P. (HEP) Q3 2022 Earnings Call Transcript

HEP is offering an above-average distribution yield of 7.5%. When a stock offers such a high yield, it usually signals that the distribution is at the risk of being cut.

The 7.5% Distribution Yield Of Holly Energy Partners Is Much Safer Than It Seems

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending September 30, 2022 on November 7, 2022, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on November 7, 2022 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/908108663 An audio archive of th

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Holly Energy Partners, L.P. Third Quarter 2022 Earnings Release and Conference Webcast

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DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) today announced the appointment of Atanas H. Atanasov as Executive Vice President and Chief Financial Officer of HF Sinclair effective September 30, 2022, and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) today announced the appointment of Michael C. Jennings as President of Holly Logistic Services, L.L.C. (“HLS”) effective today. HLS is the ultimate general partner of HEP. Mr. Atanasov currently serves as Chief Fin

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Holly Energy Partners: Higher Distributions Coming, No Takeover

Holly Energy Partners, L.P. (NYSE:HEP ) Q2 2022 Earnings Conference Call August 8, 2022 8:30 AM ET Company Participants Craig Biery - Vice President, Investor Relations Michael Jennings - Chief Executive Officer Rich Voliva - President Timothy Go - President and Chief Operating Officer, HF Sinclair Conference Call Participants Manav Gupta - Credit Suisse Paul Cheng - Scotiabank Theresa Chen - Barclays Doug Leggate - Bank of America Neil Mehta - Goldman Sachs Matthew Blair - Tudor, Pickering, Holt & Company Jason Gabelman - Cowen John Royall - JP Morgan Operator Welcome to the HF Sinclair Corporation and Holly Energy Partners Second Quarter 2022 Conference Call and Webcast.

Holly Energy Partners, L.P. (HEP) Management on Q2 2022 Results - Earnings Call Transcript

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DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), plan to announce results for the quarter ending June 30, 2022 on August 8, 2022, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on August 8, 2022 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/167295545 An audio archive of this webcas

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News for Holly Energy Partners Stock (HEP)