Michael Jennings - Holly Energy Chairman
| HEPDelisted Stock | USD 19.44 0.49 2.59% |
Chairman
Mr. Michael C. Jennings is Chairman of the Board of General Partner of the Company. Mr. Jennings served as Executive Chairman of HFC from January 2016 until January 2017 and as the Chief Executive Officer and President of HFC from the merger of Holly Corporation and Frontier Oil Corporation in July 2011 until January 2016. Mr. Jennings served as Chief Executive Officer of HLS from January 2014 to November 2016 and as President of HLS from October 2015 to February 2016. Mr. Jennings previously served as the President and Chief Executive Officer of Frontier Oil Corporation from 2009 until the merger in July 2011 and as the Executive Vice President and Chief Financial Officer of Frontier Oil Corporation from 2005 until 2009. since 2020.
| Age | 57 |
| Tenure | 4 years |
| Professional Marks | MBA |
| Phone | 214 871 3555 |
| Web | https://www.hollyenergy.com |
Michael Jennings Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Jennings against Holly Energy stock is an integral part of due diligence when investing in Holly Energy. Michael Jennings insider activity provides valuable insight into whether Holly Energy is net buyers or sellers over its current business cycle. Note, Holly Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Holly Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Jennings over a year ago Sale by Michael Jennings of 27013 shares of HF Sinclair | ||
Michael Jennings over a year ago Bona fide gift to Michael Jennings of 11519 shares of HF Sinclair subject to Section 16 |
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
| Found 5 records | CHAIRMAN Age | ||
| Greg Armstrong | Plains All American | 60 | |
| Glenn Vangolen | Western Midstream Partners | 61 | |
| Grant Sims | Genesis Energy LP | 68 | |
| John Hess | Hess Midstream Partners | 70 | |
| Michael Hennigan | MPLX LP | 65 | |
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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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