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37.41 (1y: +32%)
Market Cap 2.19 B P/E(ttm) 29.70
Enterprise Value 2.99 B P/B 6.00
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.006
HEP's Cash to Debt is ranked lower than
1694914% of the 59 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.03 vs. HEP: 0.006 )
HEP' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.01
Equity to Asset 0.001
HEP's Equity to Asset is ranked lower than
1785713% of the 56 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.27 vs. HEP: 0.001 )
HEP' s 10-Year Equity to Asset Range
Min: -0.28   Max: 0.89
Current: 0
-0.28
0.89
Interest Coverage 2.9
HEP's Interest Coverage is ranked lower than
1818180% of the 55 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.20 vs. HEP: 2.9 )
HEP' s 10-Year Interest Coverage Range
Min: 2   Max: No Debt
Current: 2.9
F-Score: 5
Z-Score: 1.68
M-Score: -2.77
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 47.30
HEP's Operating margin (%) is ranked lower than
1724136% of the 58 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 13.30 vs. HEP: 47.30 )
HEP' s 10-Year Operating margin (%) Range
Min: -2.3   Max: 52.3
Current: 47.3
-2.3
52.3
Net-margin (%) 63.3
HEP's Net-margin (%) is ranked lower than
1886791% of the 53 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 10.20 vs. HEP: 63.3 )
HEP' s 10-Year Net-margin (%) Range
Min: 1.9   Max: 63.3
Current: 63.3
1.9
63.3
ROE (%) 52.5
HEP's ROE (%) is ranked lower than
1923075% of the 52 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 11.40 vs. HEP: 52.5 )
HEP' s 10-Year ROE (%) Range
Min: 0.8   Max: 141.2
Current: 52.5
0.8
141.2
ROA (%) 13.3
HEP's ROA (%) is ranked lower than
1886791% of the 53 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.60 vs. HEP: 13.3 )
HEP' s 10-Year ROA (%) Range
Min: 0.4   Max: 31.3
Current: 13.3
0.4
31.3
ROC (Joel Greenblatt) (%) 14.30
HEP's ROC (Joel Greenblatt) (%) is ranked higher than
73% of the 56 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.60 vs. HEP: 14.30 )
HEP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -0.8   Max: 46.9
Current: 14.3
-0.8
46.9
Revenue Growth (%) -10
HEP's Revenue Growth (%) is ranked lower than
2941174% of the 34 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.00 vs. HEP: -10 )
HEP' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 9.7
Current: -10
0
9.7
EBITDA Growth (%) -8.7
HEP's EBITDA Growth (%) is ranked lower than
3225803% of the 31 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.70 vs. HEP: -8.7 )
HEP' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 10.5
Current: -8.7
0
10.5
EPS Growth (%) -20.2
HEP's EPS Growth (%) is ranked lower than
4761900% of the 21 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 12.80 vs. HEP: -20.2 )
HEP' s 10-Year EPS Growth (%) Range
Min: 0   Max: 29.6
Current: -20.2
0
29.6
ยป HEP's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HEP Guru Trades in Q2 2012

Jim Simons 19,800 sh (+58.4%)
» More
Q3 2012

HEP Guru Trades in Q3 2012

Jim Simons 27,900 sh (+40.91%)
» More
Q4 2012

HEP Guru Trades in Q4 2012

Jim Simons 48,200 sh (+72.76%)
» More
Q1 2013

HEP Guru Trades in Q1 2013

Jim Simons 109,200 sh (+13.28%)
» More
» Details

Insider Trades

Latest Guru Trades with HEP

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2011-09-30 Sold Out 0.0105%$23.76 - $27.29 $ 37.547%0
John Hussman 2011-03-31 New Buy0.01%$25.38 - $30.15 $ 37.536%12000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 29.40
HEP's P/E(ttm) is ranked lower than
1818180% of the 55 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 25.60 vs. HEP: 29.40 )
HEP' s 10-Year P/E(ttm) Range
Min: 10.68   Max: 34.91
Current: 29.4
10.68
34.91
P/B 6.00
HEP's P/B is ranked lower than
1639343% of the 61 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.60 vs. HEP: 6.00 )
HEP' s 10-Year P/B Range
Min: 3.91   Max: 30.8
Current: 6
3.91
30.8
P/S 14.00
HEP's P/S is ranked lower than
1639343% of the 61 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.60 vs. HEP: 14.00 )
HEP' s 10-Year P/S Range
Min: 2.37   Max: 14.54
Current: 14
2.37
14.54
PFCF 32.10
HEP's PFCF is ranked lower than
3030300% of the 33 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 36.10 vs. HEP: 32.10 )
HEP' s 10-Year PFCF Range
Min: 12.28   Max: 84.21
Current: 32.1
12.28
84.21
EV-to-EBIT 21.3
HEP's EV-to-EBIT is ranked lower than
1639343% of the 61 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 23.80 vs. HEP: 21.3 )
HEP' s 10-Year EV-to-EBIT Range
Min: 13.7   Max: 93.1
Current: 21.3
13.7
93.1
PEG 1.7
HEP's PEG is ranked lower than
2631576% of the 38 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.50 vs. HEP: 1.7 )
HEP' s 10-Year PEG Range
Min: 0.68   Max: 4.63
Current: 1.7
0.68
4.63
Shiller P/E 29.4
HEP's Shiller P/E is ranked lower than
100% of the Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: vs. HEP: 29.4 )
HEP' s 10-Year Shiller P/E Range
Min: 14.22   Max: 34.86
Current: 29.4
14.22
34.86

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 5.00
HEP's Dividend Yield is ranked lower than
1818180% of the 55 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.97 vs. HEP: 5.00 )
HEP' s 10-Year Dividend Yield Range
Min: 1.1   Max: 17.78
Current: 5
1.1
17.78
Dividend Payout 1.2945
HEP's Dividend Payout is ranked lower than
2173911% of the 46 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.96 vs. HEP: 1.2945 )
HEP' s 10-Year Dividend Payout Range
Min: 0.19   Max: 1.9
Current: 1.29
0.19
1.9
Dividend growth (3y) 3.8
HEP's Dividend growth (3y) is ranked lower than
2380950% of the 42 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.70 vs. HEP: 3.8 )
HEP' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 59
Current: 3.8
0
59
Yield on cost (5-Year) 6.41
HEP's Yield on cost (5-Year) is ranked lower than
1818180% of the 55 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.35 vs. HEP: 6.41 )
HEP' s 10-Year Yield on cost (5-Year) Range
Min: 1.41   Max: 22.8
Current: 6.41
1.41
22.8
Share Buyback Rate -32.1
HEP's Share Buyback Rate is ranked lower than
24999975% of the 4 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.20 vs. HEP: -32.1 )
HEP' s 10-Year Share Buyback Rate Range
Min: 0   Max: -32.1
Current: -32.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 107.1
HEP's Price/Net Current Asset Value is ranked lower than
1923075% of the 52 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 24.80 vs. HEP: 107.1 )
HEP' s 10-Year Price/Net Current Asset Value Range
Min: 103.4   Max: 344.5
Current: 107.1
103.4
344.5
Price/Tangible Book 1875
HEP's Price/Tangible Book is ranked lower than
1785713% of the 56 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.60 vs. HEP: 1875 )
HEP' s 10-Year Price/Tangible Book Range
Min: 8.5   Max: 3289
Current: 1875
8.5
3289
Price/DCF (Projected) 26.4
HEP's Price/DCF (Projected) is ranked lower than
2702700% of the 37 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.20 vs. HEP: 26.4 )
HEP' s 10-Year Price/DCF (Projected) Range
Min: 9.7   Max: 28.1
Current: 26.4
9.7
28.1
Price/Median PS Value 1.9
HEP's Price/Median PS Value is ranked lower than
1666665% of the 60 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.20 vs. HEP: 1.9 )
HEP' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.3
Current: 1.9
0.5
1.3
Price/Peter Lynch Fair Value 4
HEP's Price/Peter Lynch Fair Value is ranked lower than
5263153% of the 19 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.80 vs. HEP: 4 )
HEP' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.9   Max: 2.4
Current: 4
0.9
2.4
Price/Graham Number 73.5
HEP's Price/Graham Number is ranked lower than
1999998% of the 50 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.00 vs. HEP: 73.5 )
HEP' s 10-Year Price/Graham Number Range
Min: 2.4   Max: 64.5
Current: 73.5
2.4
64.5
Earnings Yield (Greenblatt) 4.70
HEP's Earnings Yield (Greenblatt) is ranked lower than
1666665% of the 60 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.20 vs. HEP: 4.70 )
HEP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.1   Max: 7.3
Current: 4.7
1.1
7.3
Forward Rate of Return (Yacktman) 6.3
HEP's Forward Rate of Return (Yacktman) is ranked lower than
3703700% of the 27 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.96 vs. HEP: 6.3 )
HEP' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.9   Max: 11.7
Current: 6.3
4.9
11.7

Business Description

Holly Energy Partners, L.P. is a Delaware limited partnership. The company was formred in the state of Delaware in 2004. It is engaged mainly in the business of operating a system of petroleum product and crude oil pipelines, storage tanks, distribution terminals and loading rack facilities in west Texas, New Mexico, Utah, Arizona, Oklahoma, Idaho and Washington. The company is managed by HLS, the general partner of HEP Logistics, HEP's general partner. It is engaged in charging tariffs for transporting refined product and crude oil through its pipelines and by charging fees for terminalling refined products and other hydrocarbons, and storing and providing other services at its terminals. It serves Holly's refineries in New Mexico, Utah and Oklahoma under several long-term pipeline and terminal, tankage and throughput agreements. The Company's assets include: Pipelines: approximately 820 miles of refined product pipelines, including 340 miles of leased pipelines, that transport gasoline, diesel and jet fuel mainly from Holly's refinery in New Mexico to its customers in the metropolitan and rural areas of Texas, New Mexico, Arizona, Colorado, Utah and northern Mexico; approximately 510 miles of refined product pipelines that transport refined products from Alon's Big Spring Refinery in Texas to its customers in Texas and Oklahoma; three 65-mile pipelines that transport intermediate feedstocks and crude oil from Holly's Navajo Refinery crude oil distillation and vacuum facilities in Lovington, New Mexico to its petroleum refinery facilities in Artesia, New Mexico; approximately 960 miles of crude oil trunk, gathering and connection pipelines located in west Texas, New Mexico and Oklahoma that deliver crude oil to Holly's Navajo Refinery; approximately 10 miles of crude oil and refined product pipelines that support Holly's refinery located near Salt Lake City, Utah; and gasoline and diesel connecting pipelines located at Holly's Tulsa refinery east facility.On November 9, 2011, it acquired from HFC certain tankage, loading rack and crude receiving assets located at HFC's El Dorado and Cheyenne refineries. The Company's assets include: Refined Product Terminals and Refinery Tankage: four refined product terminals located in El Paso, Texas; Moriarty and Bloomfield, New Mexico; and Tucson, Arizona, with an aggregate capacity of approximately 1,000,000 barrels, that are integrated with its refined product pipeline system that serves Holly's Navajo Refinery; three refined product terminals, located in Burley and Boise, Idaho and Spokane, Washington, with an aggregate capacity of approximately 500,000 barrels, that serve third-party common carrier pipelines; one refined product terminal near Mountain Home, Idaho with a capacity of 120,000 barrels, that serves a nearby United States Air Force Base; two refined product terminals, located in Wichita Falls and Abilene, Texas, and one tank farm in Orla, Texas with aggregate capacity of 480,0
Company Website
SEC Reports
Industry: Oil & Gas Midstream
Compare:WES, ENB, ETE, KMP, SE
ยป More Articles for HEP

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