Is Holly Energy Partners a buy?
Is Holly Energy Partners a buy?
Holly Energy Partners has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
What does Holly Energy Partners do?
The Partnership, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming and Kansas as well as refinery processing units in Kansas and Utah.
Is Hep A MLP?
Investors looking for big dividends in the energy sector will no doubt be thrilled by Holly Energy Partners’ (NYSE:HEP) above-8% yield. The master limited partnership’s (MLP) yield trounces many of its peers’ as well as that of its parent company HollyFrontier (NYSE:HFC).
Is Holly Energy Partners a MLP?
A dedicated MLP service created by the #1 energy research firm on SA. I have been a full-time professional energy investor since 2015, specializing in deep value opportunities and special situations.
Is Hep a good stock?
HEP has a Quality Grade of B, ranking ahead of 88.21% of graded US stocks. HEP’s asset turnover comes in at 0.232 — ranking 85th of 137 Transportation stocks.
How many refineries does Holly Frontier have?
Subsidiaries of HollyFrontier Corporation own and operate five complex refineries with an annual average crude oil capacity of approximately 554,000 barrels per day.
How many MLPs are there?
MLPs are publicly traded partnerships. About 86% of the total MLP securities market, a $490 billion sector, can be attributed to energy and natural resource companies. There are about 130 MLPs trading on major exchanges that focus on energy related industries and natural resources.
Is HEP a good stock?
Where are HollyFrontier refineries?
HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah and Washington and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states.
Who owns Sinclair Oil?
The Sinclair Companies
Sinclair Oil Corporation/Parent organizations
Are MLPs a good investment now?
These MLPs are rated ‘Strong Buy’ in our proprietary rating system. Simply put, MLPs enjoy tax benefits like limited partnerships and offer liquidity like publicly traded securities. MLPs are considered low-risk investments because they provide steady income in the form of constant cash distribution.
How does an MLP work?
A master limited partnership (MLPs) is a business venture that exists in the form of a publicly traded limited partnership. They combine the tax benefits of a private partnership—profits are taxed only when investors receive distributions—with the liquidity of a publicly traded company.
Why partner with HEP?
“HEP is an experienced, management-focused partner who brought an unparalleled depth of industry knowledge to bear in helping us tackle the opportunities and challenges in front of our business. They worked tirelessly with our team to drive a great outcome for all shareholders.”
Who are Holly Energy Partners’ (HEP) competitors?
Some companies that are related to Holly Energy Partners include Plains All American Pipeline (PAA), Shell Midstream Partners (SHLX), Delek Logistics Partners (DKL), Plains GP (PAGP), NuStar Energy (NS), BP Midstream Partners (BPMP), Genesis Energy (GEL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all of HEP’s competitors.
Where can I buy shares of HEP?
Shares of HEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Why choose HEP for healthcare private equity?
Having had the privilege of working with several PE firms, HEP’s thoughtful, fair and consistent approach, combined with its unique blend of industry expertise and a remarkable network across healthcare, places HEP at the top of the class – they get an A+ in my book.”
