HEP - Holly Energy Partners GAAP EPS of $0.54 beats by $0.03 revenue of $142.51M misses by $5.59M
- Holly Energy Partners press release ( NYSE: HEP ): Q4 GAAP EPS of $0.54 beats by $0.03 .
- Revenue of $142.51M (+20.3% Y/Y) misses by $5.59M .
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Commenting on our 2022 fourth quarter results, Michael Jennings, Chief Executive Officer and President, stated, "HEP delivered another excellent quarter, supported by record volumes across our integrated system. We continue to generate stable earnings and cash flow, and expect to achieve our leverage target of 3.5 times in mid-2023. Once that is reached, we look forward to evaluating incremental cash return to unitholders consistent with our previously announced capital allocation strategy."
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Holly Energy Partners GAAP EPS of $0.54 beats by $0.03, revenue of $142.51M misses by $5.59M