Financial Statements

Holly Energy Partners, L.P. (HEP)

$17.22

+0.03 (+0.17%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -----
Net Income 215170225179195
Stock Dividends 2994488640
Dividend Paid -149-174-273-265-235
Retained Earnings 364----

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,4541,4701,5391,569-
Annual Depreciation -3243-38161,614
Capital Expenditure -90-59-30-47-45
Net PPE 1,3311,4541,4701,5391,569

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -267270270235
New Purchases -----
Intangible and Goodwill 267270270235224

Holly Energy Partners, L.P. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Holly Energy Partners, L.P. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.