Holly Energy Partners, L.P. (HEP) Misses Q4 EPS by 2c

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

February 19, 2020 6:30 AM EST

Reported net income attributable to HEP of $45.7 million or $0.43 per unit Announced quarterly distribution of $0.6725 per unit Reported EBITDA of $87.8 million and Adjusted EBITDA of $86.9 million

DALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the fourth quarter of 2019. Net income attributable to HEP for the fourth quarter was $45.7 million ($0.43 per basic and diluted limited partner unit) compared to $47.5 million ($0.45 per basic and diluted limited partner unit) for the fourth quarter of 2018.

Distributable cash flow was... More