HEP - Earnings announcements

Reported net income attributable to HEP of $50.2 million or $0.40 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $82.2 million and Adjusted EBITDA of $103.2 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the second quarter of 2023. Net income attributable to HEP for the second quarter of 2023 was $50.2 million ($0.40 per basic and diluted limited partner unit), compared to $56.8 million ($0.45 per basic and diluted limited partner unit) for the second quarter of 2022. The decrease in net income attributable to HEP was mainly due to higher interest expense associated with higher inte

Reported net income attributable to HEP of $57.5 million or $0.45 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $87.8 million and Adjusted EBITDA of $108.4 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the first quarter of 2023. Net income attributable to HEP for the first quarter of 2023 was $57.5 million ($0.45 per basic and diluted limited partner unit), compared to $49.6 million ($0.45 per basic and diluted limited partner unit) for the first quarter of 2022. The increase in net income attributable to HEP was mainly due to net income from Sinclair Transportation Company LLC ("

Reported net income attributable to HEP of $68.5 million or $0.54 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $88.6 million and Adjusted EBITDA of $115.7 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the fourth quarter of 2022. Net income attributable to HEP for the fourth quarter was $68.5 million ($0.54 per basic and diluted limited partner unit) compared to $45.6 million ($0.43 per basic and diluted limited partner unit) for the fourth quarter of 2021. Distributable cash flow was $85.8 million for the fourth quarter of 2022, an increase of $22.7 million, or 36.1%, compared to the

Reported net income attributable to HEP of $42.0 million or $0.33 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $66.0 million and Adjusted EBITDA of $110.1 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the third quarter of 2022. Net income attributable to HEP for the third quarter of 2022 was $42.0 million ($0.33 per basic and diluted limited partner unit), compared to $49.2 million ($0.46 per basic and diluted limited partner unit) for the third quarter of 2021. Results for the third quarter of 2022 reflect the impact to our equity in earnings of equity method investments of HEP's 50

Reported net income attributable to HEP of $56.8 million or $0.45 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $79.8 million and Adjusted EBITDA of $104.2 million  Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the second quarter of 2022. Net income attributable to HEP for the second quarter of 2022 was $56.8 million ($0.45 per basic and diluted limited partner unit), compared to $55.7 million ($0.53 per basic and diluted limited partner unit) for the second quarter of 2021. Results for the second quarter of 2021 reflect a gain of $5.3 million related to the sale of a refined product pipeli

Reported net income attributable to HEP of $49.6 million or $0.45 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $72.8 million and Adjusted EBITDA of $85.3 million Closed the acquisition of Sinclair Transportation Company LLC Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the first quarter of 2022. Net income attributable to HEP for the first quarter of 2022 was $49.6 million ($0.45 per basic and diluted limited partner unit), compared to $64.4 million ($0.61 per basic and diluted limited partner unit) for the first quarter of 2021. Results for the first quarter of 2021 reflect special ite

Reported net income attributable to HEP of $45.6 million or $0.43 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $70.8 million and Adjusted EBITDA of $79.7 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the fourth quarter of 2021. Net income attributable to HEP for the fourth quarter was $45.6 million ($0.43 per basic and diluted limited partner unit) compared to $51.3 million ($0.49 per basic and diluted limited partner unit) for the fourth quarter of 2020. Distributable cash flow was $63.1 million for the quarter, a decrease of $6.9 million, or 9.9%, compared to the fourth quarter o

Reported net income attributable to HEP of $49.2 million or $0.46 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $77.6 million and Adjusted EBITDA of $83.3 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the third quarter of 2021. Net income attributable to HEP for the third quarter of 2021 was $49.2 million ($0.46 per basic and diluted limited partner unit), compared to $17.8 million ($0.17 per basic and diluted limited partner unit) for the third quarter of 2020. Net income attributable to HEP for the third quarter of 2020 included a goodwill impairment charge of $35.7 million related

Reported net income attributable to HEP of $55.7 million or $0.53 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $88.1 million and Adjusted EBITDA of $88.3 million Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE:HEP) today reported financial results for the second quarter of 2021. Net income attributable to HEP for the second quarter of 2021 was $55.7 million ($0.53 per basic and diluted limited partner unit), compared to $76.5 million ($0.73 per basic and diluted limited partner unit) for the second quarter of 2020. The second quarter results reflect a gain of $5.3 million related to the sale of a 6-inch refined product pipeline that c

Creates leading integrated downstream petroleum and renewable fuels company to be named HF Sinclair Corporation Provides growth to Holly Energy Partners through Sinclair's integrated crude and refined products midstream business HollyFrontier and HEP announce new plans for capital return to shareholders HollyFrontier and HEP to Host Investor Conference Call Today at 7:30 AM CT / 8:30 AM ET HollyFrontier Corporation (NYSE:HFC) ("HollyFrontier") and Holly Energy Partners, L.P. (NYSE:HEP) ("HEP"), today announced they have entered into definitive agreements under which HollyFrontier and HEP will acquire Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Com