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Shares of Holly Energy Partners (NYSE:HEP) were flat in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share decreased 2.04% over the past year to $0.48, which beat the estimate of $0.44.
Revenue of $127,854,000 lower by 4.94% year over year, which missed the estimate of $134,410,000.
Guidance
Holly Energy Partners hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: May 06, 2020
Time: 11:04 AM ET
Price Action
52-week high: $30.61
Company's 52-week low was at $6.57
Price action over last quarter: down 38.81%
Company Overview
Holly Energy Partners LP operates a network of refined products and crude oil pipelines, with attendant terminal assets, in several western and southwestern states. The company has two reportable segments namely Pipelines and Terminals and Refinery Processing Unit. It generates maximum revenue from the Pipelines and Terminals segment.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.