|Bid||15.94 x 1100|
|Ask||15.98 x 1000|
|Day's Range||15.75 - 16.49|
|52 Week Range||6.57 - 30.61|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||8.50|
|Earnings Date||Jul 29, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||1.40 (8.33%)|
|Ex-Dividend Date||May 01, 2020|
|1y Target Est||17.86|
A rash of downgrades for energy companies is changing the landscape of high-yield bonds. How fund managers are evaluating these bonds, and how investors should evaluate the managers.
Image source: The Motley Fool. Holly Energy Partners LP (NYSE: HEP)Q1 2020 Earnings CallMay 6, 2020, 4:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to Holly Energy Partners First Quarter 2020 Conference Call and Webcast.
Shares of Holly Energy Partners (NYSE:HEP) were flat in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 2.04% over the past year to $0.48, which beat the estimate of $0.44.Revenue of $127,854,000 lower by 4.94% year over year, which missed the estimate of $134,410,000.Guidance Holly Energy Partners hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: May 06, 2020View more earnings on HEPTime: 11:04 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fpro.benzinga.com%2Fdashboard%2F&eventid=2160425&sessionid=1&key=4CCAB51997218F116FB8790C70D6D9CA®Tag=&sourcepage=registerPrice Action 52-week high: $30.61Company's 52-week low was at $6.57Price action over last quarter: down 38.81%Company Overview Holly Energy Partners LP operates a network of refined products and crude oil pipelines, with attendant terminal assets, in several western and southwestern states. The company has two reportable segments namely Pipelines and Terminals and Refinery Processing Unit. It generates maximum revenue from the Pipelines and Terminals segment.See more from Benzinga * Avanos Medical: Q1 Earnings Insights * IEC Electronics: Q2 Earnings Insights * Recap: RPC Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the first quarter of 2020. Net income attributable to HEP for the first quarter was $24.9 million ($0.24 per basic and diluted limited partner unit), compared to $51.2 million ($0.49 per basic and diluted limited partner unit) for the first quarter of 2019.
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, which represents a 48% reduction from its last quarterly distribution.
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Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ending March 31, 2020 on May 6, 2020, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on May 6, 2020 at 4:00 p.m. Eastern time to discuss financial results.
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On February 20, 2020, 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, 2019. 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."
Alerian announced the results of the March quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, March 20, 2020.
Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the January 27, 2020, distribution cut announcement by Alliance Resource Partners, L.P. (NASDAQ: ARLP), after the market closes on February 6, 2020, (the distribution ex-date) and effective on February 7, 2020, Holly Energy Partners, LP (NYSE: HEP) will replace ARLP as a constituent of the Index at ARLP's then-current weight.
HEP's Ba2 CFR reflects its stable cash flow from pipeline, terminal, and tankage assets supported in large part by long-term favorable take-or-pay contracts with HollyFrontier Corp. (HFC, Baa3 stable) that have limited commodity risk. HFC owns HEP's general partner interest and is its refining parent. HEP's beneficial relationship with HFC has provided favorable growth opportunities.
From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.
Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]