Holly Energy Partners LP

Company Profile

Holly Energy Partners LP had its IPO on 2004-07-08 under the ticker symbol HEP.

The company operates in the Energy sector and Oil & Gas Midstream industry. Holly Energy Partners LP has a staff strength of 0 employees.

Stock update

Shares of Holly Energy Partners LP opened at $23.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $23.14 - $23.49, and closed at $23.35.

This is a +0.3% increase from the previous day's closing price.

A total volume of 204,617 shares were traded at the close of the day’s session.

In the last one week, shares of Holly Energy Partners LP have increased by +6.67%.

Holly Energy Partners LP's Key Ratios

Holly Energy Partners LP has a market cap of $2.94 billion, indicating a price to book ratio of 2.6327 and a price to sales ratio of 4.1522.

In the last 12-months Holly Energy Partners LP’s revenue was $574.56 million with a gross profit of $336.86 million and an EBITDA of $339.20 million. The EBITDA ratio measures Holly Energy Partners LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Holly Energy Partners LP’s operating margin was 41.56% while its return on assets stood at 5.45% with a return of equity of 23.26%.

In Q2, Holly Energy Partners LP’s quarterly earnings growth was a negative -11.5% while revenue growth was a positive 2.9%.

Holly Energy Partners LP’s PE and PEG Ratio

Forward PE

8.4962

Trailing PE

13.5349

PEG

3.69

Its diluted EPS in the last 12-months stands at $1.72 per share while it has a forward price to earnings multiple of 8.4962 and a PEG multiple of 3.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Holly Energy Partners LP’s profitability.

Holly Energy Partners LP stock is trading at a EV to sales ratio of 7.349 and a EV to EBITDA ratio of 10.2663. Its price to sales ratio in the trailing 12-months stood at 4.1522.

Holly Energy Partners LP stock pays annual dividends of $1.4 per share, indicating a yield of 6.03% and a payout ratio of 81.4%.

Balance sheet and cash flow metrics

Total Assets

$2.71 billion

Total Liabilities

$90.25 million

Operating Cash Flow

$-4471000.00

Capital Expenditure

$8.65 million

Dividend Payout Ratio

81.4%

Holly Energy Partners LP ended 2024 with $2.71 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.71 billion while shareholder equity stood at $945.61 million.

Holly Energy Partners LP ended 2024 with $0 in deferred long-term liabilities, $90.25 million in other current liabilities, 876980000.00 in common stock, $0 in retained earnings and $342.76 million in goodwill. Its cash balance stood at $7.85 million and cash and short-term investments were $7.85 million. The company’s total short-term debt was $5,580,000 while long-term debt stood at $1.50 billion.

Holly Energy Partners LP’s total current assets stands at $7.85 million while long-term investments were $788.07 million and short-term investments were $0. Its net receivables were $84.34 million compared to accounts payable of $35.79 million and inventory worth $-96274000.00.

In 2024, Holly Energy Partners LP's operating cash flow was $-4471000.00 while its capital expenditure stood at $8.65 million.

Comparatively, Holly Energy Partners LP paid $0.81 in dividends in 2024.

Other key metrics

Current Trading Price

$23.35

52-Week High

$23.62

52-Week Low

$14.7473

Analyst Target Price

$18.5

Holly Energy Partners LP stock is currently trading at $23.35 per share. It touched a 52-week high of $23.62 and a 52-week low of $23.62. Analysts tracking the stock have a 12-month average target price of $18.5.

Its 50-day moving average was $20.37 and 200-day moving average was $18.03 The short ratio stood at 2.63 indicating a short percent outstanding of 0%.

Around 6399.2% of the company’s stock are held by insiders while 2636.2% are held by institutions.