Eric Mattson - Holly Energy Independent Director of General Partner
| HEPDelisted Stock | USD 19.44 0.49 2.59% |
Director
Mr. Eric L. Mattson is appointed as Independent Director of General Partner of the company effective March 1, 2018. He has served as Executive Vice President, Finance of Select Energy Services, Inc., a provider of total water solutions to the U.S. unconventional oil and gas industry, since November 2016 and served as Executive Vice President and Chief Financial Officer of Select Energy Services, Inc. from November 2008 through January 2016. Prior to that, Mr. Mattson served as Senior Vice President and Chief Financial Officer of VeriCenter, Inc., a private provider of managed hosting services, from 2003 until its acquisition in August, 2007. Mr. Mattson worked as an independent consultant from November 2002 to October 2003. Mr. Mattson served as the Chief Financial Officer of Netrail, Inc., a private Internet backbone and broadband service provider, from September 1999 until November 2002. From July 1993 until May 1999, Mr. Mattson served as Senior Vice President and Chief Financial Officer of Baker Hughes Incorporated, a provider of products and services to the oil, gas and process industries. Mr. Mattson joined Baker International, Inc. in 1980, and served in a number of capacities, including Treasurer, prior to the merger of Baker International, Inc. and Hughes Tool Company in 1987, at which time he became Vice President and Treasurer of Baker Hughes, Inc., a position he held until 1993. Mr. Mattson has served as a director of National Oilwell Varco, Inc. since March 2005 from January 1994 until its merger with National Oilwell Varco in March 2005 and as a director of Rex Energy Corporation since April 2010. Mr. Mattson brings strong executive leadership skills and financial and risk management experience to the Board. His knowledge of the oil industry as well as the financial and capital markets enables him to provide critical insight to the Board. since 2018.
| Age | 68 |
| Tenure | 6 years |
| Phone | 214 871 3555 |
| Web | https://www.hollyenergy.com |
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.
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Management Performance
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0573 |
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.
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0573 | |||
| Profit Margin | 0.41 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | 4.24 B | |||
| Shares Outstanding | 126.44 M | |||
| Shares Owned By Insiders | 63.99 % | |||
| Shares Owned By Institutions | 26.36 % | |||
| Number Of Shares Shorted | 1.65 M | |||
| Price To Earning | 11.36 X |
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
Moving against Holly Stock
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.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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.
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