HEP - Holly Energy Partners, L.P.
| Previous Close | 11.25 |
| Open | 11.00 |
| Bid | 10.00 x 1800 |
| Ask | 21.91 x 1000 |
| Day's Range | 10.21 - 11.07 |
| 52 Week Range | 6.57 - 30.61 |
| Volume | 877,780 |
| Avg. Volume | 792,780 |
| Market Cap | 1.099B |
| Beta (5Y Monthly) | 0.78 |
| PE Ratio (TTM) | 4.89 |
| EPS (TTM) | 2.13 |
| Earnings Date | May 05, 2020 |
| Forward Dividend & Yield | 2.69 (23.91%) |
| Ex-Dividend Date | Jan 30, 2020 |
| 1y Target Est | 20.00 |
- Barrons.com
Oil-Refiner Stocks Jumped Because They Can Make Money Off Low Crude Prices
The stocks have arguably already taken all of that into account and then some, Jefferies analyst Chritopher Sighinolfi argues.
- Business Wire
Holly Energy Partners First Quarter 2020 Earnings Release and Conference Webcast
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.
- SmarterAnalyst
HP Tells Shareholders: Now Isn’t the Time For Merger with Xerox
Hewlett Packard (HPQ) warned shareholders that advancing Xerox’s proposed tender offer could be “disastrous” during the current global coronavirus pandemic.HP said that Xerox’s offer would burden the company with a debt level that could potentially threaten its cash needs. Earlier this month, Xerox made an offer to buy HP.“Any complex, large-scale, highly leveraged transaction in the current economic environment could be disastrous for HP,” the company said in a letter to shareholders. “While we remain open-minded about M&A as a tool to add value for HP - it’s abundantly clear that now is not that time.”HP raised concerns that the “highly leveraged capital structure” Xerox is proposing could threaten the company’s stability.The analyst community is taking a cautious stance on recommending to buy HP stock. The Moderate Buy consensus rating splits into 3 Buys and 4 Holds. The average price target of $23 suggests a potential gain of 33% in the coming 12 months. (See HP’s stock analysis on TipRanks) Looking ahead, HP said it will focus on core businesses and new industries with breakthrough innovation, while significantly reducing costs.“We have a healthy cash position and balance sheet that helps us to navigate unanticipated challenges such as the crisis now before us,” HP said in the letter.Related News: A Hewlett Packard Bull Cuts His Price Target on the Stock Citing ‘Market Weakness’ 2 Bargain Stocks Catching Analysts’ Attention Now 3 Hot Insider Stock Picks You Need to Know More recent articles from Smarter Analyst: * Charlotte’s Web Is Making the Right Moves to Survive the Recession * Here's Why Analysts See Compelling Value in These 3 Stocks * Aurora Cannabis (ACB) Stock Gets a Recession Boost; What's Next? * 3 U.S. Cannabis Stocks Riding Positive State Trends; Analysts Say 'Buy'
- Business Wire
Holly Energy Partners, L.P. Files 2019 Form 10-K
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."
- PR Newswire
Alerian Index Series March 2020 Index Review
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.
- Thomson Reuters StreetEvents
Edited Transcript of HEP earnings conference call or presentation 19-Feb-20 9:00pm GMT
Q4 2019 Holly Energy Partners LP Earnings Call
- PR Newswire
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® 30 MLP Index
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.
- Moody's
Holly Energy Partners, L.P. -- Moody's rates Holly Energy Partners' new notes B1
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.
- Zacks
The Extreme Risks of Trading Your Own Retirement Assets - December 24, 2019
From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.
- Zacks
Simple Secrets Anyone Can Use to Reach Early Retirement - December 23, 2019
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.
- Insider Monkey
Hedge Funds Have Never Been This Bullish On Holly Energy Partners, L.P. (HEP)
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 […]
- Thomson Reuters StreetEvents
Edited Transcript of HEP earnings conference call or presentation 30-Oct-19 8:00pm GMT
Q3 2019 Holly Energy Partners LP Earnings Call
- Zacks
Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull
Near-Term Outlook for Oil & Gas Pipeline Stocks Appears Dull
- Zacks
Enterprise Products to Proceed With ATEX Expansion Project
Enterprise Products Partners (EPD) intends to expand the 1,200-mile ATEX ethane pipeline's capacity by 45,000 BPD.
- Zacks
BP's Q3 Output Takes a Blow, Divestments Ahead of Schedule
BP is going to wrap up the $10-billion divestment program by 2019-end, one year ahead of schedule.
- GuruFocus.com
Scott Black's New Buys for the 3rd Quarter
Delphi Management leader invests in some newer stocks Continue reading...
- Zacks
Here's Why You Should Hold Pioneer Natural (PXD) Stock Now
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.
- Zacks
Here's Why You Should Retain Kinder Morgan (KMI) Stock Now
Kinder Morgan (KMI) has the largest network of natural gas pipelines, spreading across almost 84,000 miles, in North America.
- Moody's
Holly Energy Partners, L.P. -- Moody's upgrades Holly Energy Partners to Ba2
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 ...
- GuruFocus.com
52-Week Company Lows
Altria, Centene, New Jersey Resources and Holly Energy Partners present investment opportunities Continue reading...
- Moody's
Holly Energy Partners, L.P. -- Moody's announces completion of a periodic review of ratings of Holly Energy Partners, L.P.
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.
