Holly Energy Partners, L.P. Reports Fourth Quarter Results

Go back to Holly Energy Partners, L.P. Reports Fourth Quarter Results

Holly Energy Partners, L.P. (HEP) Tops Q4 EPS by 1c, Revenues Beat

February 19, 2019 6:34 AM EST

Holly Energy Partners, L.P. (NYSE: HEP) reported Q4 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $132.8 million versus the consensus estimate of $128.27 million.

Revenues Highlights

Revenues for the quarter were $132.8 million, an increase of $3.6 million compared to the fourth quarter of 2017. The increase was primarily attributable to our acquisition of the remaining interests in the SLC and Frontier pipelines and higher crude oil volumes in the Permian Basin, offset by a decrease in revenue on our Woods Cross refinery processing units due to an... More