Brief: Holly Energy Partners Reports Q1 Revenue $127.9 Million

Holly Energy Partners LP

06/05/2020 11:44

May 6 (Reuters) - Holly Energy Partners LP  HEP.N :
    * HOLLY ENERGY PARTNERS, L.P. REPORTS FIRST QUARTER RESULTS
    * Q1 REVENUE $127.9 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$134.4 MILLION
    * QTRLY REPORTED NET INCOME ATTRIBUTABLE TO HEP OF $24.9
MILLION
OR $0.24 PER UNIT
    * QTRLY DECREASE IN EARNINGS IS PRIMARILY DUE TO A CHARGE OF
$25.9
MILLION
    * CHANGED DISTRIBUTION STRATEGY TO ALLOW FOR LONG-TERM
FINANCIAL
STRENGTH AND FLEXIBILITY

Source text for Eikon:  ID:nBwc54VPha 
Further company coverage:  HEP.N 

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