Christine LaFollette - Holly Energy Independent Director of General Partner

HEPDelisted Stock  USD 19.44  0.49  2.59%   

Director

Ms. Christine B. LaFollette is appointed as Independent Director of General Partner of the Company effective March 1, 2018. She has served as a partner at Akin Gump Strauss Hauer Feld LLP since June 2004. Prior to that, Ms. LaFollette served as a partner at King Spalding LLP from 1997 to June 2004, as a partner at Andrews Kurth LLP from 1987 to 1997 and as an associate at Andrews Kurth LLP from 1980 to 1987 since 2018.
Age 67
Tenure 6 years
Phone214 871 3555
Webhttps://www.hollyenergy.com
LaFollette’s experience as a transactional and securities attorney provides her with valuable insight into corporate finance, global compliance and governance matters. In addition, Ms. LaFollette brings to the Board a broad range of experiences and skills as a result of her involvement in numerous charitable, community and civic activities.

Holly Energy Management Efficiency

The company has Return on Asset of 0.0573 % which means that on every $100 spent on assets, it made $0.0573 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2508 %, implying that it generated $0.2508 on every 100 dollars invested. Holly Energy's management efficiency ratios could be used to measure how well Holly Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Holly Energy Partners has 1.63 B in debt with debt to equity (D/E) ratio of 1.74, which is OK given its current industry classification. Holly Energy Partners has a current ratio of 1.16, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Holly to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Conrad AlbertGenesis Energy LP
73
James CraneWestern Midstream Partners
65
Oscar BrownPlains All American
48
Sharilyn GasawayGenesis Energy LP
52
Jack TaylorGenesis Energy LP
69
Alexandra PrunerPlains All American
57
Frank SempleMPLX LP
68
Victor BurkPlains All American
68
Peter BennettWestern Midstream Partners
52
Robert BondurantMartin Midstream Partners
65
Kenneth JastrowGenesis Energy LP
72
Dan SandmanMPLX LP
71
William BrilliantEnLink Midstream LLC
44
John RaymondPlains All American
48
Daniel IVWestern Midstream Partners
N/A
James DavisonGenesis Energy LP
53
Jennifer KirkWestern Midstream Partners
44
Michael BeattyMPLX LP
71
Craig StewartWestern Midstream Partners
64
David TudorWestern Midstream Partners
59
Jill McMillanEnLink Midstream LLC
N/A
Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. The company was incorporated in 2004 and is based in Dallas, Texas. Holly Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. Holly Energy Partners (HEP) is traded on New York Stock Exchange in USA and employs 24 people.

Management Performance

Holly Energy Partners Leadership Team

Elected by the shareholders, the Holly Energy's board of directors comprises two types of representatives: Holly Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Holly. The board's role is to monitor Holly Energy's management team and ensure that shareholders' interests are well served. Holly Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Holly Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Cunningham, Senior Vice President - Engineering and Technical Services of General Partner
Vaishali Bhatia, Senior Vice President General Counsel, Secretary of the General Partner
John Harrison, Senior Vice President, Chief Financial Officer, Treasurer of the General Partner
Larry Baldwin, Director of Holly Logistic Services, LLC
James Lee, Independent Director of General Partner
Jared Harding, Investor Officer
Kenneth Norwood, VP LLC
Eric Mattson, Independent Director of General Partner
Christine LaFollette, Independent Director of General Partner
Trey Schonter, Ex Relations
Michael Jennings, CEO of Holly Logistic Services Llc - General Partner and President of Holly Logistic Services Llc - General Partner, Director of Holly Logistic Services Llc - General Partner, Chairman of Compensation Committee and Member of Executive Committee
Richard Voliva, Chief Financial Officer, Senior Vice President of General Partner
Craig Biery, VP Relations

Holly Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Holly Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Holly Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Holly Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Holly Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Holly Stock

  0.83MSB Mesabi TrustPairCorr
  0.83TGTX TG TherapeuticsPairCorr

Moving against Holly Stock

  0.54251566AA3 DT 3625 21PairCorr
The ability to find closely correlated positions to Holly Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Holly Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Holly Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Holly Energy Partners to buy it.
The correlation of Holly Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Holly Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Holly Energy Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Holly Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Holly Stock

If you are still planning to invest in Holly Energy Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Holly Energy's history and understand the potential risks before investing.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Valuation
Check real value of public entities based on technical and fundamental data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities