Holly Energy Partners, L.P. (HEP) Tops Q1 EPS by 6c, Revenues Beat

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Go back to Holly Energy Partners, L.P. (HEP) Tops Q1 EPS by 6c, Revenues Beat

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

May 1, 2019 6:30 AM EDT

Reported net income attributable to HEP of $51.2 million or $0.49 per unit Announced 58th consecutive quarterly distribution increase to $0.6700 per unit, a 2.3% increase over first quarter 2018 Reported EBITDA of $93.5 million and distributable cash flow of $70.6 million providing a 1.03x distribution coverage ratio

DALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the first quarter of 2019. Net income attributable to HEP for the first quarter was $51.2 million ($0.49 per basic and diluted limited partner unit) compared to $46.2... More