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

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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)--Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”), plan to announce results for the quarter ending June 30, 2022 on August 8, 2022, before the opening of trading on the NYSE. HEP and HF Sinclair 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

Holly Energy Partners Second Quarter 2022 Earnings Release and Conference Webcast

Holly Energy Partners recently completed their acquisition of new assets from Sinclair as their parent company merged with the latter. Whilst this pushed their outstanding unit count higher, it should also boost their free cash flow and thus see their strong distribution coverage remain.

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

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, 2022 on May 9, 2022, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on May 9, 2022 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/607702822 An audio archive of this webcast wil

Holly Energy Partners First Quarter 2022 Earnings Release and Conference Webcast

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, 2022 on May 9, 2022, before the opening of trading on the NYSE. HF Sinclair and HEP have scheduled a joint webcast conference on May 9, 2022 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/607702822 An audio archive of this webcast wil

HF Sinclair Corporation First Quarter 2022 Earnings Release and Conference Webcast

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the “Partnership” or “HEP”) announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partnership, the “Issuers”), have finalized the terms of their previously announced offering of $400 million in aggregate principal amount of 6.375% senior notes due 2027 (the “Notes”) in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Ac

Holly Energy Partners, L.P. Announces Pricing of $400 Million of Senior Notes Due 2027

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the “Partnership”) announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partnership, the “Issuers”), subject to market conditions, intend to offer $400 million in aggregate principal amount of senior notes due 2027 (the “Notes”) in a private placement in accordance with Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”) to eligible purch

Holly Energy Partners, L.P. Announces Proposed Offering of Senior Notes Due 2027

HollyFrontier

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), today announced the establishment of HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) as the new parent holding company of HollyFrontier and HEP and the completion of their respective acquisitions of Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies. Commencing at market open on March 15, 2022, HF Sinclair will replace H

HollyFrontier and Holly Energy Partners Announce Completion of Transactions with The Sinclair Companies and Establishment of New Parent Company, HF Sinclair Corporation

DALLAS--(BUSINESS WIRE)--On February 23, 2022, 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, 2021. 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." Upon written request, limited partners and bondholders may receive free of

Holly Energy Partners, L.P. Files 2021 Form 10-K

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Magellan Midstream Partners

If you've had to fill up your gas tank or heat your home lately (so, most of us), you might have noticed that your wallet is a lot lighter than usual. That's because oil and gas prices have been surging over the past few months amid a perfect storm of supply-demand imbalances and rising geopolitical tensions.

3 MLPs Throwing Off Massive 8%-9% Yields

HEP is offering an 8.2% distribution yield. The distribution of HEP has a wide margin of safety thanks to the defensive business model of the MLP, its strong coverage ratio and its solid balance sheet.

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

Holly Energy Partners, L.P. (HEP) Management on Q4 2021 Results - Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending December 31, 2021 on February 22, 2022, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on February 22, 2022 at 4:00 p.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/223318006 An audio archive of this webcast will be available using the above noted link

Holly Energy Partners Fourth Quarter 2021 Earnings Release and Conference Webcast

HEP is offering an exceptional distribution yield of 8.4%. The omicron variant has raised some concerns over the recovery of the global energy market.

The 8.4% Distribution Yield Of Holly Energy Partners Is Safe

The current unit price of Holly Energy Partners presents a great deal for investors who can buy their high 8%+ distribution yield whilst getting any growth for free. Their cash flow performance has not only remained resilient throughout 2020 and 2021 but has actually grown moderately, although they are currently focused on deleveraging instead of higher distributions.

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

Holly Energy Partners, L.P. (HEP) Management on Q3 2021 Results - Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE:HEP) announced today that Mark Cunningham has notified the Board of Directors of Holly Logistic Services, L.L.C. (“HLS”), the ultimate general partner of HEP, that he will retire as Senior Vice President, Operations and Engineering of HEP in February 2022. Mr. Cunningham joined HEP in 2004 and held roles of increasing responsibility prior to his appointment to his current role. Mike Jennings, CEO of HEP, said, “Mark has been instrumenta

Holly Energy Partners Announces Officer Retirement

MPLX

Paul Tudor Jones is the next prominent Wall Streeter to voice concerns about structural inflation. Investors have few alternatives for obtaining true inflation-protected income.

Paul Tudor Jones Voices His Concerns About Inflation

DALLAS--(BUSINESS WIRE)--Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending September 30, 2021 on November 2, 2021, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on November 2, 2021 at 4:00 p.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/931953223 An audio archive of this webcast will be available using the above noted link

Holly Energy Partners Third Quarter 2021 Earnings Release and Conference Webcast

Holly Energy Partners, L.P. (HEP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects.

Holly Energy Partners, L.P. (HEP) Upgraded to Buy: What Does It Mean for the Stock?

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4 Oil Pipeline Stocks Set to Gain Despite Industry Headwinds

Holly Energy Partners, L.P. (HEP) is technically in oversold territory now, so the heavy selling pressure might have exhausted.

Holly Energy Partners, L.P. (HEP) Loses 18.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Holly Energy Partners' (HEP) CEO Mike Jennings on Q2 2021 Results - Earnings Call Transcript

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Sinclair Oil Corporation and Sinclair Transportation Company with HollyFrontier Corporation (NYSE: HFC) (“the Company”) and Holly Energy Partners, L.P. (NYSE: HEP). Under the terms of the proposed transaction, HollyFrontier will form a new parent company, named “HF Sinclair Corporation” (“HF Sinclair”), whic

HOLLYFRONTIER INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates HollyFrontier Corporation - HFC

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”), today announced they have entered into definitive agreements under which HollyFrontier and HEP will acquire Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies (“Sinclair”). HollyFrontier Transaction Under the terms of HollyFrontier's definitive agreement, HollyFrontier will acquire Sinclair's: Branded marketing business and a

HollyFrontier Corporation and Holly Energy Partners Announce Combination with Sinclair Oil and Formation of HF Sinclair Corporation

Whilst 2021 has seen many improvements versus 2020, sadly, the tough times have continued for HollyFrontier. This may cause some investors to ponder the counterparty risk for their high-yielding subsidiary, Holly Energy Partners.

News for Holly Energy Partners Stock (HEP)