The Technical Analyst
Holly Energy Partners LP [HEP]
Exchange: NYSE Sector: Energy Industry: Oil & Gas Midstream
Holly Energy Partners LP Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.78% $20.45
America/New_York / 30 nov 2023 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 585.70 mill |
| EPS: | 1.900 |
| P/E: | 10.76 |
| Earnings Date: | Feb 22, 2024 |
| SharesOutstanding: | 126.44 mill |
| Avg Daily Volume: | 0.841 mill |
| RATING 2023-11-30 |
|---|
| S |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Buy | |
| P/E: | Strong Buy | |
| Price To Book: | Strong Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.56x |
| Company: PE 10.76 | sector: PE 19.21 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.81x |
| Company: PE 10.76 | industry: PE 13.25 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 19.91 - 20.99 ( +/- 2.66%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-12-01 | Jennings Michael | Sell | 26 377 | Common Units |
| 2023-12-01 | Norwood Kenneth | Buy | 17 307 | Common Units |
| 2023-12-01 | Norwood Kenneth | Sell | 5 599 | Common Units |
| 2023-12-01 | Norwood Kenneth | Sell | 2 317 | Common Units |
| 2023-12-01 | Norwood Kenneth | Sell | 91 076 | Common Units |
| INSIDER POWER |
|---|
| -99.07 |
| Last 98 transactions |
| Buy: 385 357 | Sell: 21 391 076 |
Forecast:
01:40 - $21.75
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $20.45 (-0.78% ) |
| Volume | 17.22 mill |
| Avg. Vol. | 0.841 mill |
| % of Avg. Vol | 2 047.21 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For HEP
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
HEP
Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. It operates through two segments, Pipelines and Terminals, and Refinery Processing Unit. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils; and oil trunk, gathering, and connection pipelines that delivers crude oil. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 1 lube terminal; 31,800 track feet of rail storage; 7 locations with truck and/or rail racks; and tankages at 6 refining facility locations, as well as five refinery processing units. The company was incorporated in 2004 and is based in Dallas, Texas.
Latest Press Releases
2023-11-30 16:00:00 - Press Release
Tortoiseecofin Announces Constituent Changes Due To Corporate Action
Overland park, ks / accesswire / november 30, 2023 / tortoiseecofin today announced that holly energy partners lp (nyse:hep) will be removed from the tortoise mlp index ® (tmlp) and the tortoise north american pipeline indexsm (tnap) as a result of the approved acquisition by hf sinclair corp (nyse:dino). due to the acquisition, hep will be removed from indices at market open on friday, december 1, 2023.
2023-11-29 19:44:00 - Press Release
Hf Sinclair Corporation And Holly Energy Partners, L.p. Announce Expiration And Final Results Of Exchange Offers And Consent Solicitations For Outstanding Notes Of The Hep Issuers
Dallas--(business wire)--hf sinclair corporation (nyse: dino) (“hf sinclair”) and holly energy partners, l.p. (nyse: hep) (“hep”) today announced the expiration and final results of the previously announced (i) private offers to exchange (each an “exchange offer” and, collectively, the “exchange offers”) any and all outstanding (a) 6.375% senior notes due 2027 (the “2027 notes”) and (b) 5.000% senior notes due 2028 (the “2028 notes” and, together with the 2027 notes, the “hep notes”) previously.
2023-11-28 13:55:00 - Press Release
Hf Sinclair Corporation Stockholders And Holly Energy Partners, L.p. Unitholders Approve Merger Transaction
Dallas--(business wire)--hf sinclair corporation (nyse: dino) (“hf sinclair”) and holly energy partners, l.p. (“hep”) (nyse: hep) announced that at a special meeting of hep unitholders (the “hep special meeting”) and a special meeting of hf sinclair stockholders (the “hf sinclair special meeting”), each held today, (i) hep unitholders voted to approve the previously announced agreement and plan of merger (as the same may be amended or supplemented from time to time, the “merger agreement”), dat.
2023-11-13 19:14:00 - Press Release
Hf Sinclair Corporation And Holly Energy Partners, L.p. Announce Results Of Early Participation In Exchange Offers And Consent Solicitations For Outstanding Notes Of The Hep Issuers And Extension Of The Early Participation Exchange Consideration
Dallas--(business wire)--hf sinclair corporation (nyse: dino) (“hf sinclair”) and holly energy partners, l.p. (nyse: hep) (“hep”) today announced that as of 5:00 p.m., new york city time, on november 13, 2023 (the “early participation date”), that $880,229,000 in aggregate principal amount of outstanding hep notes (as defined below) previously issued by hep and holly energy finance corp. (“finance corp.” and, together with hep, the “hep issuers”), representing approximately 97.80% of the total.
2023-11-02 06:30:00 - Press Release
Holly Energy Partners, L.p. Reports Third Quarter Results
Dallas--(business wire)--holly energy partners, l.p. ("hep") (nyse: hep) today reported financial results for the third quarter of 2023. net income attributable to hep for the third quarter of 2023 was $63.0 million ($0.50 per basic and diluted limited partner unit), compared to $42.0 million ($0.33 per basic and diluted limited partner unit) for the third quarter of 2022. results for the third quarters of 2023 and 2022 reflect reductions to our equity in earnings of equity method investments o.
Latest News
2023-10-04 16:30:00 - Business Wire
Holly Energy Partners, L.P. and HF Sinclair Corporation Third 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 September 30, 2023 on November 2, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on November 2, 2023 at 9:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/172908001 An audio archive of th.
2023-10-03 23:34:18 - Seeking Alpha
Holly Energy Partners: Operational Excellence As Investment Thesis Strengthens
Holly Energy Partners has seen its share appreciate by over 40% in the last 12 months, with a forward yield of over 6%. HEP operates a network of pipelines and storage tanks strategically located near refineries, providing stable and predictable revenue. The company is well-positioned in regions with promising growth prospects, such as the Mid-Continent, Southwest, and Northwest areas of the United States.
2023-09-22 17:21:23 - Seeking Alpha
Holly Energy Partners: Excellent Prospects Driven By High Economic Leverage On Capital Deployed
Holly Energy Partners enjoys consumer advantages and cost differentiation benefits given its industry positioning. HEP's latest financial results continued its high post-tax margins and confirmed its ability to compound capital. Investors should be aware of the risks associated with HEP, including its exposure to macroeconomic and commodity cycles, the inflation/rates axis, and relative valuation compared to peers.
2023-08-16 06:56:05 - Reuters
HF Sinclair to buy remaining stake in Holly Energy
HF Sinclair will acquire all the outstanding shares of smaller oil pipeline operator Holly Energy Partners that it does not already own in a cash and stock deal, the companies said on Wednesday.
2023-06-22 16:30:00 - Business Wire
Holly Energy Partners, L.P. and HF Sinclair Corporation Second 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 June 30, 2023 on August 3, 2023, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast conference on August 3, 2023 at 8:30 a.m. Eastern time to discuss financial results. This webcast may be accessed at: https://events.q4inc.com/attendee/369077342. An audio archive of this webca.
2023-06-21 03:47:40 - Seeking Alpha
Holly Energy Partners: High Yield But Sustainable
Holly Energy Partners L.P. offers a high-yielding dividend aristocrat, with a solid position in the oil and gas industry. HEP's financials are strong, with manageable debt and a debt/adjusted EBITDA of 3.75, supported by contracts with HF Sinclair. The company's valuation remains in line with the sector, making it an appealing buy for investors seeking exposure to the energy sector and a solid dividend yield.
2023-03-31 06:38:21 - Seeking Alpha
Holly Energy Partners: Fundamentals Keep Strengthening Despite Market Noise
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.
2023-03-29 16:30:00 - Business Wire
HF Sinclair Corporation and Holly Energy Partners, L.P. First Quarter 2023 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, 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.
2023-02-24 10:43:02 - Seeking Alpha
Holly Energy Partners, L.P (HEP) Q4 2022 Earnings Call Transcript
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.
2023-01-24 13:09:56 - MarketBeat
Energy Surge: Four Oil-And-Gas Stocks Setting Up In Bullish Bases
The energy sector took a breather this month after its blazing performance in 2022, but it's making a comeback, with stocks including ConocoPhillips (NYSE: COP), EOG Resources, Inc. (NYSE: EOG), HF Sinclair Corporation (NYSE: DINO), and Phillips 66 (NYSE: PSX) boasting strong price action.