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What Makes Holly Energy Partners LP (NYSE:HEP) An Attractive Investment?

Micheal Lombardo

I’ve been keeping an eye on Holly Energy Partners LP (NYSE:HEP) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HEP has a lot to offer. Basically, it is a notable dividend-paying company with a a great track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, take a look at the report on Holly Energy Partners here.

Solid track record average dividend payer

Over the past few years, HEP has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. The strong earnings growth is reflected in impressive double-digit 35.45% return to shareholders, which is an optimistic signal for the future.

NYSE:HEP Income Statement June 26th 18

Income investors would also be happy to know that HEP is one of the highest dividend payers in the market, with current dividend yield standing at 8.88%. HEP has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:HEP Historical Dividend Yield June 26th 18

Next Steps:

For Holly Energy Partners, I’ve put together three important factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for HEP’s future growth? Take a look at our free research report of analyst consensus for HEP’s outlook.
  2. Financial Health: Is HEP’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HEP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.