Holly Energy Partners reports Q4 EPS 54c, consensus 51c

Reports Q4 revenue $142.5M, consensus $149.05M. Commenting on 2022 fourth quarter results, Michael Jennings, CEO and President, stated, "HEP delivered another excellent quarter, supported by record volumes across our integrated system. We continue to generate stable earnings and cash flow, and expect to achieve our leverage target of 3.5 times in mid-2023. Once that is reached, we look forward to evaluating incremental cash return to unitholders consistent with our previously announced capital allocation strategy."