Holly Energy Partners, L.P. (HEP) Tops Q4 EPS by 6c, Revenues Beat

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

February 23, 2021 6:30 AM EST

Reported net income attributable to HEP of $51.3 million or $0.49 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $86.8 million and Adjusted EBITDA of $88.3 million

DALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. (HEP or the Partnership) (NYSE: HEP) today reported financial results for the fourth quarter of 2020. Net income attributable to HEP for the fourth quarter was $51.3 million ($0.49 per basic and diluted limited partner unit) compared to $45.7 million ($0.43 per basic and diluted limited partner unit) for the fourth quarter of 2019.

Distributable cash flow was... More