Holly Energy Partners, L.P. (HEP) Misses Q1 EPS by 20c, Revenues Miss

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

May 6, 2020 6:30 AM EDT

Reported net income attributable to HEP of $24.9 million or $0.24 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $64.4 million and Adjusted EBITDA of $91.1 million

DALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the first quarter of 2020. Net income attributable to HEP for the first quarter was $24.9 million ($0.24 per basic and diluted limited partner unit), compared to $51.2 million ($0.49 per basic and diluted limited partner unit) for the first quarter of 2019.

The decrease... More