Holly Energy Partners LP HEP:NYSE
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Latest News Headlines for Holly Energy Partners LP

Earlier Headlines - view recent headlines
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Bid/Size

--/--

Ask/Size

36.50

Price Open

36.51

Previous Close

36.75

Day High

36.26

Day Low

0.60

Beta (5yr)

41.65/10/21/09

52wk High/Date

15.35/12/5/08

52wk Low/Date

643.3 Million

Market Capitalization

17.6 Million

Shares Outstanding

52.29

Volatility Avg (1 Year)

81.1 Thousand

Avg Vol (10 day)

16.4x

P/E Ratio

2.23

EPS (TTM)

0.80 (11/13/09)

Declared QRTR Div explain

8.69%

Yield

10/29/2009

Ex-Date

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Holly Energy Partners Lp vs. Peers

Company Market Cap YTD Price Performance
HEP

Holly Energy Partners LP

933.8M
+71.4%
WNR

Western Refining, Inc.

407.2M
-40.8%
COP

ConocoPhillips

77.3B
+0.5%
NS

NuStar Energy L.P.

2.9B
+28.9%
KMR

Kinder Morgan Management, LLC

4.1B
+32.7%

Company Background

Holly Energy Partners, L.P. (HEP) operates a system of refined product and crude oil pipelines, storage tanks and distribution terminals primarily in west Texas, New Mexico, Utah and Arizona. The Company generates revenues by charging tariffs for transporting refined product and crude oil through its pipelines and by charging fees for terminalling refined products and other hydrocarbons, and storing and providing other services at the Company's terminals. HEP does not take ownership of products that it transports or terminal. It serves Holly Corporation's (Holly) refineries in New Mexico and Utah under three 15-year pipeline, terminal and tankage agreements with Holly. It also serves the Alon USA, Inc. (Alon) Big Spring, Texas refinery (Big Spring Refinery) under the Alon pipelines and terminals agreement expiring in 2020 (Alon PTA). The substantial majority of the Company's business is devoted to providing transportation and terminalling services to Holly.

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