Private company
HOLLY ENERGY PARTNERS LP
HOLLY ENERGY PARTNERS LP is an American pipe lines based in Dallas, incorporated in Delaware.2
Last updated Oct 20, 2026.
Overview
- IndustryPipe Lines (No Natural Gas)2
- HeadquartersDallas, United States2
- Incorporated inDE3
- Business address2828 N. Harwood, Suite 1300, Dallas, Tx 752013
- Filer categoryLarge accelerated filer3
- Legal formLimited Partnership2
- Kind of organizationLimited partnership2
- LEI529900NVV7ODCT0QCG292
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 37435312
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs45¢$248.0M
- Interest15¢$82.6M
- Income tax0¢$111.0K
- Profit40¢$216.8M
Out of $547.5M in revenue.4
Where each dollar of operating cash went, fiscal 2022
- Capital spending12¢$39.0M
- Kept or used elsewhere88¢$292.1M
Out of $331.0M of cash from operations.4
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $402.0M5 | $454.4M6 | $506.2M7 | $532.8M8 | $497.8M8 | $494.5M8 | $547.5M4 |
| Operating expenses | $288.0M4 | $326.7M4 | |||||
| Operating income | $195.1M5 | $223.2M6 | $250.3M7 | $263.8M8 | $204.9M4 | $206.5M4 | $220.8M4 |
| Interest | $52.6M5 | $58.4M6 | $71.9M7 | $76.8M8 | $59.4M4 | $53.8M4 | $82.6M4 |
| Income before tax | $225.9M4 | $230.0M4 | |||||
| Income tax | $26.0K7 | $41.0K8 | $167.0K4 | $32.0K4 | $111.0K4 | ||
| Net income | $158.2M5 | $195.0M6 | $178.8M7 | $224.9M8 | $170.5M4 | $214.9M4 | $216.8M4 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $3.7M6 | $7.8M6 | $3.0M6 | $13.3M7 | $22.0M8 | $14.4M4 | $10.9M4 |
| Receivables | $12.7M4 | $16.3M4 | |||||
| Current assets | $57.0M12 | $74.4M5 | $66.5M6 | $89.4M7 | $94.0M8 | $94.3M4 | $103.1M4 |
| Goodwill | $223.7M4 | $342.8M4 | |||||
| Intangible assets | $73.3M4 | $59.3M4 | |||||
| Total assets | $1.9B12 | $2.2B5 | $2.1B6 | $2.2B7 | $2.2B8 | $2.2B4 | $2.7B4 |
| Accounts payable | $40.3M4 | $42.5M4 | |||||
| Current liabilities | $64.7M12 | $55.5M5 | $57.9M6 | $68.6M7 | $79.7M8 | $76.9M4 | $85.8M4 |
| Long-term debt | $1.2B12 | $1.5B5 | $1.4B6 | $1.5B7 | $1.4B8 | $1.3B4 | $1.6B4 |
| Shareholders’ equity | $471.8M6 | $485.1M7 | $515.6M7 | $487.8M7 | $505.4M8 | $590.5M4 | $926.9M4 |
| Shares outstanding | 58.7M shares13 | 62.8M shares14 | 105.3M shares12 | 105.4M shares5 | 105.4M shares6 | 105.4M shares7 | 105.4M shares8 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $243.5M5 | $238.5M6 | $295.2M7 | $297.1M8 | $315.6M4 | $294.1M4 | $331.0M4 |
| Depreciation and amortization | $93.8M4 | $99.1M4 | |||||
| Stock-based compensation | $2.6M4 | $1.8M4 | |||||
| Capital spending | $59.7M5 | $44.8M6 | $47.3M7 | $30.1M8 | $59.3M4 | $90.0M4 | $39.0M4 |
| Free cash flow | $183.8M | $193.7M | $247.9M | $266.9M | $256.3M | $204.1M | $292.1M |
| Cash from investing | -$78.5M4 | -$370.0M4 | |||||
| Cash from financing | -$223.2M4 | $35.5M4 |
Corporate structure
HOLLY ENERGY PARTNERS LP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of HOLLY ENERGY PARTNERS LP
- REH Co Filed SC 13D/A on HOLLY ENERGY PARTNERS LP, latest Dec 4, 2023 (2 filings since Mar 24, 2022)
- ALPS ADVISORS INC Filed SC 13G/A on HOLLY ENERGY PARTNERS LP, latest Feb 13, 2023 (2 filings since Feb 3, 2022)
- Invesco Filed SC 13G/A on HOLLY ENERGY PARTNERS LP, latest Jan 31, 2022
- HOLLY ENERGY PARTNERS LP Dallas, Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What HOLLY ENERGY PARTNERS LP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $3.7M4 Dec 31, 2022 | $2.4M4 Dec 31, 2021 | +53.0% |
| Operating-lease assets (leased space) | $2.3M4 Dec 31, 2022 | $2.3M4 Dec 31, 2021 | +1.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $10.9M4 Dec 31, 2022 | $14.4M4 Dec 31, 2021 | −24.1% |
| Stakes in other companies (equity method) | $270.6M4 Dec 31, 2022 | $116.4M4 Dec 31, 2021 | +132.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $342.8M4 Dec 31, 2022 | $223.7M4 Dec 31, 2021 | +53.3% |
| Intangible assets, net (excluding goodwill) | $59.3M4 Dec 31, 2022 | $73.3M4 Dec 31, 2021 | −19.1% |
| Accumulated amortization | $145.5M4 Dec 31, 2022 | $131.5M4 Dec 31, 2021 | +10.7% |
| Finite-lived intangibles, net | $59.3M4 Dec 31, 2022 | $73.3M4 Dec 31, 2021 | −19.1% |
Leadership
Who has led HOLLY ENERGY PARTNERS LP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMichael Jennings Jun 23, 2014 to Dec 4, 202315
- Chief executive officerMatthew P. Clifton Aug 1, 2008 to Dec 18, 201316
- ChairMatthew P. Clifton Aug 1, 2008 to Feb 6, 201416
- PresidentRichard Lawrence Voliva Iii. Oct 30, 2020 to Dec 3, 202117
- PresidentMark A. Plake Feb 16, 2016 to Feb 2, 201718
- PresidentBruce R. Shaw Dec 19, 2012 to Dec 16, 201419
- PresidentDavid G. Blair Jan 5, 2010 to Jul 6, 201120
- Chief financial officerRichard Lawrence Voliva Iii. Nov 5, 2015 to Feb 7, 201921
- Chief financial officerDoug S. Aron Jul 11, 2011 to Dec 3, 201422
- Chief financial officerBruce R. Shaw Jan 16, 2008 to Jan 4, 201223
- Chief financial officerStephen J. McDonnell Jun 22, 2006 to Jan 9, 200824
- Chief operating officerRobert I. Jamieson Jan 20, 2023 to Dec 4, 202325
Board members and other officers (22)
- VP and ControllerKenneth Norwood Mar 12, 2014 to Dec 4, 202326
- Vice President, OperationsMark T. Cunningham Feb 8, 2010 to Feb 10, 202227
- VP and ControllerScott C. Surplus Apr 8, 2009 to Dec 18, 201328
- Senior Vice PresidentDavid G. Blair Jan 9, 2007 to Mar 13, 200929
- TreasurerStephen D. Wise Jan 6, 2006 to Jan 6, 200630
- VP-Pipeline OperationsJames G. Townsend Jun 22, 2006 to Mar 16, 200731
- VP & Chief Acctg OfficerP. Dean Ridenour Jun 22, 2006 to Dec 20, 200732
- Board memberCarol Orme Holding Dec 4, 2023 to Dec 4, 202333
- Board memberChristine B. Lafollette Mar 1, 2018 to Dec 4, 202334
- Board memberEric L. Mattson Mar 1, 2018 to Dec 4, 202335
- Board memberRichard Kevin Hardage Nov 17, 2017 to Nov 17, 201736
- Board memberGeorge John Damiris Feb 11, 2016 to Feb 11, 201637
- Board memberLarry R. Baldwin May 23, 2016 to Dec 4, 202338
- Board memberMatthew P. Clifton Aug 4, 2014 to Nov 2, 201739
- Board memberJames G. Townsend Jan 10, 2012 to Nov 2, 201740
- Board memberMichael Jennings Oct 27, 2011 to Dec 4, 202341
- Board memberBruce R. Shaw May 1, 2007 to Mar 11, 200842
- Board memberP. Dean Ridenour Jun 22, 2006 to Nov 2, 201532
- Board memberCharles M. Darling Iv. Sep 18, 2006 to Nov 2, 201743
- Board memberJerry W. Pinkerton Sep 18, 2006 to Oct 31, 201644
- General counselVaishali S. Bhatia Nov 15, 2019 to Nov 15, 201945
- General counselDenise Clark McWatters Nov 3, 2008 to Dec 18, 201346
Timeline
- Dec 4, 20238-K Entered a material agreement; Ended a material agreement; Change to shareholders' rights47
- Dec 1, 20238-K Entered a material agreement; Listing notice or transfer; Change to shareholders' rights48
- Nov 30, 20238-K Other events49
- Nov 28, 20238-K Shareholder vote; Regulation FD disclosure; Other events50
- Nov 14, 20238-K Entered a material agreement; Other events51
- Nov 2, 20238-K Results of operations52
- Oct 30, 20238-K Other events53
- Oct 19, 20238-K Regulation FD disclosure54
- Sep 8, 20238-K Executive or director change55
- Aug 16, 20238-K Regulation FD disclosure56
- Aug 16, 20238-K Entered a material agreement; Regulation FD disclosure57
- Aug 3, 20238-K Results of operations58
- Jun 23, 2014New chief executive Michael Jennings becomes CEO15
- Aug 1, 2008New chief executive Matthew P. Clifton becomes CEO16
Calendar
When it reported results
- Nov 2, 2023Reported quarterly or annual results52
- Aug 3, 2023Reported quarterly or annual results58
- May 4, 2023Reported quarterly or annual results59
- Feb 24, 2023Reported quarterly or annual results60
- Nov 7, 2022Reported quarterly or annual results61
- Aug 8, 2022Reported quarterly or annual results62
- May 9, 2022Reported quarterly or annual results63
- Feb 22, 2022Reported quarterly or annual results64
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
138 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 47 major events, 43 insider forms, 5 large holders, 34 other. The latest 20:
- Dec 11, 202315-12G EDGAR
- Dec 7, 2023EFFECT EDGAR
- Dec 7, 2023EFFECT EDGAR
- Dec 7, 2023EFFECT EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 20234 FORM 4 SUBMISSION EDGAR
- Dec 4, 2023POS AM EDGAR
- Dec 4, 2023POS AM EDGAR
- Dec 4, 2023POS AM EDGAR
- Dec 4, 20238-K EDGAR
- Dec 4, 2023S-8 POS EDGAR
- Dec 4, 2023SC 13D/A EDGAR
- Dec 4, 2023S-8 POS EDGAR
- Dec 4, 20234 EDGAR
The 138 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 15, 2021 | LEE JAMES HDirector | Sale | 8,809 | $16.25 | $143.1K | Form 4 |
| Dec 15, 2021 | Baldwin Larry RDirector | Buy | 1,235 | $16.00 | $19.8K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
SEC filer profile
How HOLLY ENERGY PARTNERS LP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARHOLLY ENERGY PARTNERS LP1
- CIK0001283140
- Employer ID (EIN)20-08330981
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)4610 Pipe Lines (No Natural Gas)1
- Business address2828 N. Harwood, Suite 1300, Dallas, TX 752011
- Phone214-871-35551
- Shares outstanding126,440,201 as of Oct 31, 202311
- Public float$1.1B as of Jun 30, 20224
- On EDGAR sinceMar 15, 20041
- Filings1,079 in all: 8-K (401), 4 (331), 10-Q (59), SC 13G/A (50), 3 (47), 10-K (19), 425 (18), SC 13D/A (16)1
All 42 form types
SC 13G (15), UPLOAD (14), 4/A (13), CORRESP (13), EFFECT (11), S-3 (8), 424B5 (6), 8-K/A (5), SC 13E3/A (5), 10-K/A (4), POS AM (4), S-1/A (4), S-3/A (4), 424B3 (3), D (3), S-3ASR (3), 3/A (2), 424B4 (2), S-8 (2), S-8 POS (2), SC 13D (2), 15-12G (1), 25-NSE (1), 5 (1), 8-A12B (1), CERTNYS (1), DEF 14A (1), DEFM14A (1), PRE 14A (1), S-1 (1), S-1MEF (1), S-4 (1), S-4/A (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Feb 28, 2023
Quarterly report (10-Q) Nov 2, 2023
Proxy statement (DEF 14A) Mar 30, 2012
Latest 8-K (8-K) Dec 4, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18SEC EDGARMark A. Plake, President
- 19SEC EDGARBruce R. Shaw, President
- 20SEC EDGARDavid G. Blair, President
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARKenneth Norwood, VP and Controller
- 27
- 28SEC EDGARScott C. Surplus, VP and Controller
- 29
- 30SEC EDGARStephen D. Wise, Treasurer
- 31
- 32
- 33SEC EDGARCarol Orme Holding, Board member
- 34
- 35SEC EDGAREric L. Mattson, Board member
- 36SEC EDGARRichard Kevin Hardage, Board member
- 37SEC EDGARGeorge John Damiris, Board member
- 38SEC EDGARLarry R. Baldwin, Board member
- 39SEC EDGARMatthew P. Clifton, Board member
- 40SEC EDGARJames G. Townsend, Board member
- 41SEC EDGARMichael Jennings, Board member
- 42SEC EDGARBruce R. Shaw, Board member
- 43SEC EDGARCharles M. Darling Iv., Board member
- 44SEC EDGARJerry W. Pinkerton, Board member
- 45SEC EDGARVaishali S. Bhatia, General counsel
- 46
- 47
- 48
- 49SEC EDGAROther events
- 50
- 51
- 52SEC EDGARResults of operations
- 53SEC EDGAROther events
- 54SEC EDGARRegulation FD disclosure
- 55SEC EDGARExecutive or director change
- 56SEC EDGARRegulation FD disclosure
- 57
- 58SEC EDGARResults of operations
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67