HOLLY ENERGY PARTNERS LP HEP Income Statement

Holly energy partners lp (HEP)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Affiliates
409,819	411,750	413,934	408,095	399,739	397,808	395,450	390,400	389,539	377,136	337,964	320,224	306,251	300,072	317,376	313,694	302,812	292,221	285,702	279,436	275,619	275,196	265,908	263,981	262,688	252,368	259,384	255,976	250,563	245,582	232,721	211,320	190,685	168,261	149,273	145,638	0	0	0
Revenues
526,134	532,777	533,935	523,824	511,833	506,220	483,792	669,406	566,637	-	494,913	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total revenues
-	-	0	0	-	-	0	0	0	-	342,529	419,913	405,667	-	386,768	382,547	371,129	358,875	350,037	343,778	335,297	332,545	322,008	317,601	317,888	305,182	308,737	305,068	298,443	292,560	280,404	255,386	237,666	214,268	191,542	187,989	0	0	0
Operating costs and expenses:
Operations (exclusive of depreciation and amortization)
159,458	161,996	162,744	153,816	147,747	146,430	141,752	141,754	141,318	137,605	137,402	133,505	128,620	123,986	117,063	109,158	105,346	105,556	111,011	112,271	111,438	106,185	100,190	96,420	96,391	99,444	96,217	97,263	94,632	89,242	86,075	79,741	72,200	64,521	57,192	54,289	0	0	0
Depreciation and amortization
96,859	96,705	96,567	96,813	97,174	98,492	95,666	90,306	85,643	79,278	76,974	76,887	72,654	70,428	68,068	65,592	65,059	63,306	61,997	61,036	61,739	62,529	63,646	67,612	66,857	65,423	63,390	58,292	57,315	57,461	55,490	50,055	43,618	36,958	31,506	30,181	0	0	0
General and administrative
10,333	10,251	10,069	9,853	10,538	11,040	13,744	14,869	14,811	14,323	12,786	11,827	12,075	12,532	11,515	12,524	12,357	12,556	12,550	11,143	10,963	10,824	10,935	11,084	11,668	11,749	10,416	9,400	8,787	7,594	7,553	8,166	7,252	6,576	6,456	6,357	0	0	0
Operating Expenses
266,650	268,952	269,380	260,482	255,459	255,962	251,162	246,929	241,772	231,206	227,162	222,219	213,349	206,946	196,646	187,274	182,762	181,418	185,558	184,450	184,140	179,538	174,771	175,116	174,916	176,616	170,023	164,955	160,734	154,297	149,118	137,962	123,070	108,055	95,154	90,827	0	0	0
Operating Income (Loss)
259,484	263,825	264,555	263,342	256,374	250,258	251,487	240,300	235,840	223,156	210,505	197,694	192,318	195,097	190,122	195,273	188,367	177,457	164,479	159,328	151,157	153,007	147,237	142,485	142,972	128,566	138,714	140,113	137,709	138,263	131,286	117,424	114,596	106,213	96,388	97,162	0	0	0
Other income (expense):
Equity in earnings of equity method investments
4,794	5,180	6,915	6,695	6,646	5,825	5,672	9,630	11,949	12,510	15,023	13,718	13,288	14,213	12,324	9,826	6,834	4,803	3,471	3,082	3,199	2,987	2,738	2,693	2,691	2,826	-264	-222	-174	0	3,206	2,970	2,643	2,552	2,418	2,321	0	0	0
Interest expense
75,568	76,823	75,709	74,944	73,340	71,899	70,338	66,368	62,490	58,448	57,653	58,028	55,556	52,552	46,366	41,405	39,185	37,418	36,043	35,142	34,415	36,101	38,449	41,680	44,980	47,010	48,842	49,566	49,261	47,182	44,127	40,415	37,815	35,959	34,518	35,239	0	0	0
Interest income
7,207	5,517	3,849	2,146	2,121	2,108	1,766	1,327	904	491	414	421	430	440	474	747	638	526	384	3	0	3	54	57	61	161	110	107	103	0	0	0	0	-	-	-	-	0	0
Gain on sales-type lease
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
0	-	-	-	0	-	-	-	-	-12,225	-12,225	-12,225	-12,225	0	0	0	0	-	-	-	-	-7,677	-7,677	-7,677	-7,677	0	0	0	-383	-2,979	-2,979	-2,979	-2,596	0	0	0	0	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	9	29	29	17	0	0	0	-	-
Gain on sale of assets and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	74	82	45	95	69	61	23,154	23,093	12,180	10	0	0	0	-	-24,236	0	0	0	-
Gain (Loss) on Disposition of Assets
0	-	0	0	0	-	0	0	0	-	0	847	758	-	393	457	478	-	234	0	0	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Nonoperating Income (Expense)
-53,228	-30,688	-29,786	-66,214	-64,848	-63,845	-26,470	-18,864	-12,948	-20,996	-53,551	-55,267	-53,305	-37,222	-33,384	-30,584	-31,394	-31,603	-31,745	-31,779	-30,983	-40,706	-43,342	-46,724	-50,048	-42,152	-43,320	0	0	-	0	-	-	-	-	-	-	0	0
Income before income taxes
206,256	233,137	234,769	197,128	191,526	186,413	225,017	221,436	222,892	202,160	156,954	142,427	139,013	157,875	156,738	164,689	156,973	145,854	132,734	127,549	120,174	112,301	103,895	95,761	92,924	86,414	95,016	95,828	93,390	91,476	87,395	77,029	76,857	72,823	64,306	64,244	0	0	0
State income tax benefit (expense)
42	41	-87	-78	-20	26	234	126	225	249	239	369	296	285	332	340	222	228	196	169	261	235	38	36	352	333	524	621	352	371	352	138	81	234	245	368	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
206,214	233,096	234,856	197,206	191,546	186,387	224,783	221,310	222,667	201,911	156,715	142,058	138,717	157,590	156,406	164,349	156,751	145,626	132,538	127,380	119,913	112,066	103,857	95,725	92,572	86,081	94,492	95,207	93,038	91,105	75,876	0	0	-	0	-	-	-	-
Allocation of net loss attributable to Predecessor
-	-	-	-	-	-	-	-	-	-	-	-	-	10,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	4,200	7,199	0	0	-	0	-	-	-	-
Allocation of net income attributable to noncontrolling interests
7,651	8,212	8,106	7,798	7,685	7,540	7,398	6,857	7,022	6,871	6,385	6,561	7,395	10,006	11,717	12,632	12,020	11,120	9,577	9,005	8,678	8,288	8,002	7,665	7,379	6,632	7,003	6,413	4,600	1,153	-782	0	0	-	0	-	-	-	-
Net Income (Loss) Attributable to Parent
198,563	224,884	226,750	189,408	183,861	178,847	217,385	214,453	215,645	195,040	150,330	143,044	140,829	158,241	158,048	157,529	148,583	137,208	124,708	120,122	112,982	105,525	95,855	88,060	85,193	79,449	87,490	88,941	90,777	94,152	95,986	89,394	86,404	79,799	67,185	63,876	0	0	0
General partner interest in net income attributable to the Partnership, including incentive distributions
-	-	-	-	-	-	-	-	-	-35,047	-52,218	-67,859	-62,208	-57,173	-52,152	-47,541	-44,833	-42,337	-39,520	-37,849	-36,273	-34,667	-32,818	-31,006	-29,293	-27,523	-25,816	-23,964	-23,178	-22,450	-29,185	-27,918	-25,871	-16,806	-7,466	-548	0	0	0
Limited partners’ interest in net income
-	-	-	-	-	-	-	-	-	159,993	98,112	75,185	78,621	101,068	105,896	109,988	103,750	94,871	85,188	82,273	76,709	70,858	63,037	57,054	55,900	51,926	61,674	64,977	67,599	71,702	73,925	68,600	67,657	62,993	52,595	50,386	0	0	0
Net Income (Loss) Per Outstanding Limited Partnership Unit Basic and Diluted
0.24	0.43	0.78	0.43	0.49	0.45	0.43	0.38	0.44	1.13	0.66	0.36	0.13	0.39	0.33	0.45	0.52	0.49	0.40	0.34	0.37	0.33	0.35	0.25	0.27	0.19	0.25	0.23	0.21	0.38	0.32	0.29	0.30	-0.42	0.58	0.69	0.53	0.59	0.48
Weighted Average Number of Shares Outstanding, Basic and Diluted
105,440	105,440	105,440	105,440	105,440	105,463	105,440	105,429	103,836	89,646	64,319	64,086	63,113	62,743	59,223	58,865	58,657	58,657	58,657	58,657	58,657	58,657	58,657	58,657	58,657	58,680	58,657	58,657	56,990	56,804	56,536	54,722	54,722	116,451	22,079	22,079	22,079	22,079	22,079
Third parties
Revenues
0	-	-	-	0	-	-	-	-	-	-	66,645	66,372	68,927	69,392	68,853	68,317	66,654	64,335	64,342	59,678	57,349	56,100	53,620	55,200	52,814	49,353	49,092	47,880	46,978	47,683	44,066	46,981	46,007	42,269	42,351	0	-	-