Holly Energy Partners (HEP) Misses Q3 EPS by 1c
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Holly Energy Partners, L.P. Reports Third Quarter Results
November 4, 2015 6:30 AM ESTDALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the third quarter of 2015. For the quarter, distributable cash flow was $50.3 million, up $4.7 million, or 10% compared to the third quarter of 2014. HEP announced its 44th consecutive distribution increase on October 22, 2015, raising the quarterly distribution from $0.545 to $0.555 per unit, which represents an increase of 6.2% over the distribution for the third quarter of 2014.
Net income attributable to Holly Energy Partners for the third quarter was $34.5 million ($0.40 per basic and diluted limited partner unit) compared to $29.7 million ($0.35 per... More
