Holly Energy Partners (HEP) Tops Q4 EPS by 5c
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Holly Energy Partners, L.P. Reports Fourth Quarter Results
February 23, 2016 6:30 AM ESTDALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the fourth quarter of 2015. For the quarter, distributable cash flow was $53.6 million, an increase of $11.7 million, or 28.0% compared to the fourth quarter of 2014. HEP announced its 45th consecutive distribution increase on January 22, 2016, raising the quarterly distribution from $0.555 to $0.565 per unit, representing a 6.6% increase over the distribution for the fourth quarter of 2014. This distribution represents an acceleration in year over year distribution growth and progress towards HEP's 8% distribution growth rate target.
Net income attributable to... More
