|Day's Range||0.8500 - 0.8500|
Holly Energy Partners, L.P. announced today that George Damiris notified the Board of Directors of Holly Logistic Services, L.L.C. , the ultimate general partner of Holly Energy Partners, that he will retire as CEO, President and Director of HLS on December 31, 2019.
DALLAS-- -- Reported net income attributable to HEP of $82.3 million or $0.78 per unit Announced quarterly distribution of $0.6725 per unit, a 1.1% increase over third quarter 2018 Reported EBITDA of $123.1 million, Adjusted EBITDA of $90.3 million and distributable cash flow of $68.8 million providing a 1.01x distribution coverage ratio Holly Energy Partners, L.P. today reported financial results ...
The Board of Directors of Holly Energy Partners, L.P. (HEP) has declared a cash distribution of $0.6725 per unit for the third quarter of 2019. The quarterly distribution amount remains the same as the $0.6725 per unit paid in the second quarter of 2019. For 2019 and through 2020, HEP expects to hold the quarterly distribution constant at $0.6725 per unit, or $2.69 on an annualized basis, while maintaining a distribution coverage ratio of 1.0x.
Pioneer Natural Resources (PXD) is well positioned for growth on the back of Permian Basin's strength. However, pipeline takeaway constraints and low oil prices are woes.
Holly Energy Partners, L.P. (HEP) (“HEP”) and Plains All American Pipeline (PAA) (“Plains”) today announced the formation of a 50/50 joint venture, Cushing Connect Pipeline & Terminal LLC (the “Joint Venture”), for (i) the development and construction of a new 160,000 barrel per day common carrier crude oil pipeline (the “Pipeline”) that will connect the Cushing, Oklahoma crude oil hub to the Tulsa, Oklahoma refining complex owned by a subsidiary of HollyFrontier Corporation (HFC) and (ii) the ownership and operation of 1.5 million barrels of crude oil storage in Cushing, Oklahoma (the “JV Terminal”). The JV Terminal is expected to be in service during the second quarter of 2020, and the Pipeline is expected to be in service during the first quarter of 2021.
Rating Action: Moody's upgrades Holly Energy Partners to Ba2. Global Credit Research- 17 Sep 2019. NOTE: On September 19, 2019, the press release was corrected as follows: In the first sentence of the ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Holly Energy Partners, L.P. New York, September 13, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Holly Energy Partners, L.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
DALLAS , Sept. 13, 2019 /PRNewswire/ -- Alerian announced the results of the September quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, ...
DALLAS , Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019 , total products directly tied to and tracking the Alerian indices was $13.7 billion . Exchange traded funds, exchange traded ...
The Zacks Analyst Blog Highlights: Holly Energy, Magellan Midstream, AngloGold Ashanti, Royal Gold and Kinross Gold
Holly Energy Partners (NYSE: HEP ) unveils its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for the earnings announcement. Earnings and Revenue Wall ...