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HEP - Buy The 7.7% Distribution Yield Of Holly Energy Partners Before It Drops Further
March, 03 2021 04:16 PM
Holly Energy Partners L.P.
HEP has proved one of the most resilient oil companies to the pandemic. Due to the steep rally of HEP, its distribution yield has decreased from 11.0% to 7.7% in about four months. However, investors should not dismiss the stock for this reason. The yield of HEP remains attractive, particularly given the distribution coverage ratio of 1.92. For further details see:
Buy The 7.7% Distribution Yield Of Holly Energy Partners Before It Drops Further
Stock Information
Company Name:
Holly Energy Partners L.P.
Stock Symbol:
HEP
Market:
NYSE
Website:
hollyenergy.com
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