HEP - Holly Energy Partners, L.P.
NYSE
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Energy
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Oil & Gas Midstream
Dallas,
United States
Type: Equity
HEP price evolution
HEP
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Jan 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $11.22 | $7.84 | $7.11 | $10.92 |
| Short term investments | ||||
| Net receivables | $100.6 | $84.34 | $86.73 | $79.8 |
| Inventory | ||||
| Total current assets | $121.85 | $104.12 | $105.77 | $103.12 |
| Long term investments | $788.39 | $788.07 | $798.71 | $810.31 |
| Property, plant & equipment | $1364.63 | $1376.51 | $1388.04 | $1391.2 |
| Goodwill & intangible assets | $394.44 | $396.71 | $398.97 | $402.06 |
| Total noncurrent assets | $2585.59 | $2601.31 | $2627.33 | $2644.39 |
| Total investments | $788.39 | $788.07 | $798.71 | $810.31 |
| Total assets | $2707.43 | $2705.43 | $2733.1 | $2747.5 |
| Current liabilities | ||||
| Accounts payable | $46.68 | $35.79 | $28.1 | $42.51 |
| Deferred revenue | $37.94 | $39.61 | $37.28 | $36.7 |
| Short long term debt | $5.43 | $5.58 | $5.49 | $5.36 |
| Total current liabilities | $106.25 | $90.25 | $76.63 | $85.82 |
| Long term debt | $1530.35 | $1557.91 | $1603.59 | $1618.85 |
| Total noncurrent liabilities | $1636.83 | $1669.56 | $1716.82 | $1734.8 |
| Total debt | $1535.78 | $1563.49 | $1609.09 | $1625.92 |
| Total liabilities | $1743.09 | $1759.81 | $1793.45 | $1890.38 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | ||||
| Total shareholder equity | $896.07 | $876.98 | $870.69 | $857.13 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10.92 | $14.38 | $21.99 | $13.29 |
| Short term investments | ||||
| Net receivables | $79.8 | $68.9 | $62.52 | $68.45 |
| Inventory | ||||
| Total current assets | $103.12 | $94.31 | $93.99 | $89.36 |
| Long term investments | $810.31 | $425.68 | $286.86 | $254.96 |
| Property, plant & equipment | $1391.2 | $1331.3 | $1453.66 | $1470.35 |
| Goodwill & intangible assets | $402.06 | $296.96 | $322 | $371.66 |
| Total noncurrent assets | $2644.39 | $2071.55 | $2073.57 | $2109.87 |
| Total investments | $810.31 | $425.68 | $286.86 | $254.96 |
| Total assets | $2747.5 | $2165.87 | $2167.57 | $2199.23 |
| Current liabilities | ||||
| Accounts payable | $42.51 | $40.28 | $46.4 | $34.55 |
| Deferred revenue | $36.7 | $44.25 | $51.95 | $56.07 |
| Short long term debt | $5.36 | $4.41 | $4.59 | $4.35 |
| Total current liabilities | $85.82 | $76.85 | $79.75 | $68.61 |
| Long term debt | $1618.85 | $1399.73 | $1476.13 | $1534.99 |
| Total noncurrent liabilities | $1734.8 | $1498.47 | $1582.46 | $1642.87 |
| Total debt | $1625.92 | $1404.13 | $1480.71 | $1539.34 |
| Total liabilities | $1890.38 | $1575.32 | $1662.21 | $1711.47 |
| Shareholders' equity | ||||
| Retained earnings | ||||
| Other shareholder equity | $126.07 | $106.66 | ||
| Total shareholder equity | $857.13 | $443.02 | $379.29 | $381.1 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $158.36 | $139.75 | $143.29 | $142.51 |
| Cost of revenue | $58.42 | $53.14 | $52.14 | $53.63 |
| Gross Profit | $99.94 | $86.61 | $91.15 | $88.88 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $7.95 | $5.51 | $4.63 | $4.26 |
| Total operating expenses | $32.31 | $31.41 | $29.3 | $28.95 |
| Operating income | $67.63 | $55.2 | $61.85 | $59.93 |
| Income from continuing operations | ||||
| EBIT | $90.33 | $76.64 | $83.53 | $94.12 |
| Income tax expense | $0.02 | -$0.03 | $0.03 | $0.03 |
| Interest expense | $27.29 | $26.45 | $25.98 | $25.61 |
| Net income | ||||
| Net income | $63.02 | $50.23 | $57.52 | $68.48 |
| Income (for common shares) | $63.02 | $50.23 | $57.52 | $68.48 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $547.48 | $494.5 | $497.85 | $532.78 |
| Cost of revenue | $210.62 | $170.52 | $147.69 | $162 |
| Gross Profit | $336.86 | $323.97 | $350.16 | $370.78 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $17 | $12.64 | $9.99 | $10.25 |
| Total operating expenses | $116.09 | $117.47 | $145.22 | $106.96 |
| Operating income | $220.76 | $206.5 | $204.94 | $263.82 |
| Income from continuing operations | ||||
| EBIT | $299.45 | $268.8 | $230.07 | $301.75 |
| Income tax expense | $0.11 | $0.03 | $0.17 | $0.04 |
| Interest expense | $82.56 | $53.82 | $59.42 | $76.82 |
| Net income | ||||
| Net income | $216.78 | $214.95 | $170.48 | $224.88 |
| Income (for common shares) | $216.78 | $214.95 | $170.48 | $224.88 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Net income | $63.02 | $50.23 | $57.52 | $68.48 |
| Operating activities | ||||
| Depreciation | $25.45 | $26.98 | $25.73 | $25.76 |
| Business acquisitions & disposals | -$1.75 | -$0.5 | -$2.5 | -$8 |
| Stock-based compensation | $0.37 | $0.37 | $0.35 | $0.35 |
| Total cash flows from operations | $90.81 | $97.9 | $69.81 | $92.55 |
| Investing activities | ||||
| Capital expenditures | -$5.71 | -$8.65 | -$7.61 | -$7.49 |
| Investments | ||||
| Total cash flows from investing | -$9.59 | -$4.47 | -$9.26 | -$9.63 |
| Financing activities | ||||
| Dividends paid | -$44.31 | -$44.31 | -$44.31 | -$44.33 |
| Sale and purchase of stock | -$2.57 | |||
| Net borrowings | -$28.73 | -$46.52 | -$17.51 | -$39.04 |
| Total cash flows from financing | -$77.85 | -$92.69 | -$64.36 | -$87.56 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $3.38 | $0.74 | -$3.81 | -$4.63 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | $216.78 | $214.95 | $170.48 | $224.88 |
| Operating activities | ||||
| Depreciation | $103.02 | $97.56 | $102.9 | $99.79 |
| Business acquisitions & disposals | -$341.95 | -$2.44 | -$17.89 | |
| Stock-based compensation | $1.84 | $2.56 | $2.19 | $2.53 |
| Total cash flows from operations | $331.05 | $294.1 | $315.63 | $297.06 |
| Investing activities | ||||
| Capital expenditures | -$38.69 | -$82.63 | -$59.28 | -$30.11 |
| Investments | ||||
| Total cash flows from investing | -$370.02 | -$78.47 | -$59.75 | -$46.26 |
| Financing activities | ||||
| Dividends paid | -$170 | -$149.43 | -$174.44 | -$273.23 |
| Sale and purchase of stock | ||||
| Net borrowings | $224.26 | -$77.05 | -$78.1 | $40.03 |
| Total cash flows from financing | $35.5 | -$223.24 | -$247.17 | -$240.56 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$3.46 | -$7.61 | $8.7 | $10.24 |
News
Fundamentals
| Market cap | $2.59B |
|---|---|
| Enterprise value | $4.11B |
| Shares outstanding | 126.44M |
| Revenue | $583.92M |
|---|---|
| EBITDA | $448.55M |
| EBIT | $344.62M |
| Net Income | $239.26M |
| Revenue Q/Q | 6.28% |
| Revenue Y/Y | 11.55% |
| P/E ratio | 10.81 |
|---|---|
| EV/Sales | 7.04 |
| EV/EBITDA | 9.16 |
| EV/EBIT | 11.93 |
| P/S ratio | 4.43 |
| P/B ratio | 2.89 |
| Book/Share | 7.09 |
| Cash/Share | 0.09 |
| EPS | $1.89 |
|---|---|
| ROA | 8.79% |
| ROE | 27.34% |
| Debt/Equity | 2.21 |
|---|---|
| Net debt/EBITDA | 3.86 |
| Current ratio | 1.15 |
| Quick ratio | 1.15 |