Holly Energy Partners' Earnings Seem Less Important Next to This Big Change
Holly Energy Partners (NYSE: HEP) has been a great long-term investment with a good track record of delivering a growing payout to shareholders on a routine basis. Over the past few quarters, though, management has started to realize some of the things that made it successful in the past could be a hindrance in the future, so it decided to act sooner than later with a major ownership change between it and its parent company, HollyFrontier (NYSE: HFC).
Let's look at the company's most recent results and what this change could mean for investors.
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Source: Fool.com
Holly Energy Partners L.P. Stock
€11.30
-5.580%
Holly Energy Partners L.P. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
As a result the target price of 19 € shows a very positive potential of 68.14% compared to the current price of 11.3 € for Holly Energy Partners L.P..
