HOME ABOUT US OPERATIONS INVESTORS CAREERS CONTACT US Site Search SEC FILINGSANNUAL REPORTSQUARTERLY RESULTS Quarterly Results Q3 2021Q2 2021Q1 2021Q4 2020 LATEST Q3 2021 REPORT Holly Energy Partners, L.P. Reports Third Quarter Results Reported net income attributable to HEP of $49.2 million or $0.46 per unit Announced quarterly distribution of $0.35 per unit Reported EBITDA of $77.6 million and Adjusted EBITDA of $83.3 million DALLAS--(BUSINESS WIRE)-- Holly Energy Partners, L.P. ("HEP" or the "Partnership") (NYSE: HEP) today reported financial results for the third quarter of 2021. Net income attributable to HEP for the third quarter of 2021 was $49.2 million ($0.46 per basic and diluted limited partner unit), compared to $17.8 million ($0.17 per basic and diluted limited partner unit) for the third quarter of 2020. Net income attributable to HEP for the third quarter of 2020 included a goodwill impairment charge of $35.7 million related to our Cheyenne business unit and a $6.1 million gain related to HEP's pro-rata share of a business interruption insurance claim settlement resulting from a loss at HollyFrontier Corporation's ("HollyFrontier") Woods Cross refinery. Excluding these items, net income attributable to HEP for the third quarters of 2021 and 2020 were $49.2 million ($0.46 per basic and diluted limited partner unit) and $47.4 million ($0.45 per basic and diluted limited partner unit), respectively. The increase in earnings was mainly due to higher interest income associated with sales-type leases, higher equity in earnings from our joint ventures and lower depreciation expense partially offset by lower revenues and higher operating expenses. VIEW FULL RELEASE Download HOLLY ENERGY PARTNERS, L.P. REPORTS THIRD QUARTER RESULTS (OPENS IN NEW WINDOW) FORM 10-Q (OPENS IN NEW WINDOW) Related Information SEC FILINGS Financial Summary Table Previous 2021 2020 2019 Next Press Release Q1 (opens in new window) Q2 (opens in new window) Q3 (opens in new window) Q4 Q1 Q2 (opens in new window) Q3 (opens in new window) Q4 (opens in new window) Q1 Q2 Q3 Q4 Form 10-Q/10-K Q1 (opens in new window) Q2 (opens in new window) Q3 (opens in new window) Q4 Q1 Q2 (opens in new window) Q3 (opens in new window) Q4 (opens in new window) Q1 Q2 Q3 Q4 Transcript Q1 (opens in new window) Q2 (opens in new window) Q3Q4 Q1Q2Q3Q4 Q1 (opens in new window) Q2Q3Q4 CONTACT US 2828 N. Harwood, Suite 1300, Dallas, TX 75201 214-954-6511 SEND EMAIL QUICK LINKS SEC FILINGS INVESTOR FAQS INFORMATION REQUEST FORM INVESTOR EMAIL ALERTS Email Address News Events & Presentations Quarterly Reports Annual Reports SEC Filings End of Day Stock Quote SIGN UP UNSUBSCRIBE Careers Accessibility EEO Site Map Privacy Cookies Modern Slavery Policy Terms of Use Copyright © 2021 Holly Energy Partners Powered By Q4 Inc. 5.56.0.1 (opens in new window)