Holly Energy Partners LP (HEP)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2022 | 12-2021 | 12-2020 | 12-2019 | 12-2018 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 229,905 | 225,863 | 179,223 | 233,096 | 186,387 |
| Depreciation Amortization | 103,021 | 108,591 | 138,550 | 99,786 | 101,533 |
| Accounts receivable | -7,899 | -6,384 | 5,932 | -9,329 | 5,186 |
| Accounts payable and accrued liabilities | 4,901 | -5,505 | 3,591 | 8,338 | 6,168 |
| Other Working Capital | -23,282 | -12,672 | 3,511 | -2,745 | 4,435 |
| Other Operating Activity | 24,403 | -15,798 | -15,180 | -32,085 | -8,496 |
| Operating Cash Flow | $331,049 | $294,095 | $315,627 | $297,061 | $295,213 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -38,685 | -82,630 | -58,194 | -29,580 | -52,141 |
| Net Acquisitions | -328,955 | N/A | N/A | N/A | N/A |
| Purchase Of Investment | -13,000 | 0 | -2,438 | -17,886 | N/A |
| Other Investing Activity | 10,623 | 4,165 | 882 | 1,206 | -202 |
| Investing Cash Flow | $-370,017 | $-78,465 | $-59,750 | $-46,260 | $-52,343 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 910,000 | 480,500 | 758,500 | 365,500 | 337,000 |
| Debt Repayment | -685,743 | -557,549 | -836,602 | -325,471 | -426,000 |
| Common Stock Issued | N/A | N/A | N/A | N/A | 114,771 |
| Common Stock Repurchased | -1,727 | -1,958 | -698 | -1,470 | -1,201 |
| Dividend Paid | -169,998 | -149,432 | -174,443 | -273,225 | -264,979 |
| Other Financing Activity | -17,028 | 5,200 | 6,069 | -5,893 | -7,192 |
| Financing Cash Flow | $35,504 | $-223,239 | $-247,174 | $-240,559 | $-247,601 |
| Beginning Cash Position | 14,381 | 21,990 | 13,287 | 3,045 | 7,776 |
| End Cash Position | 10,917 | 14,381 | 21,990 | 13,287 | 3,045 |
| Net Cash Flow | $-3,464 | $-7,609 | $8,703 | $10,242 | $-4,731 |
| Free Cash Flow | |||||
| Operating Cash Flow | 331,049 | 294,095 | 315,627 | 297,061 | 295,213 |
| Capital Expenditure | -38,964 | -89,995 | -59,283 | -30,112 | -52,351 |
| Free Cash Flow | 292,085 | 204,100 | 256,344 | 266,949 | 242,862 |