Holly Energy Partners Declares Distribution
Posted on: Friday, 25 April 2008, 12:00 CDT
DALLAS, April 25 /PRNewswire-FirstCall/ -- Holly Energy Partners, L.P. today announced declaration of its cash distribution, for the first quarter of 2008, of $0.735 per unit. For the prior quarter, $0.725 was distributed to unit holders. Holly Energy has increased its distribution to unitholders every quarter since becoming a public partnership in July 2004. The distribution will be paid May 14, 2008, to unit holders of record May 5, 2008.
Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product transportation and terminal services to the petroleum industry, including Holly Corporation, which owns a 46% interest (including the general partner interest) in the Partnership. The Partnership owns and operates petroleum product pipelines and terminals in Texas, New Mexico, Oklahoma, Arizona, Washington, Idaho and Utah. In addition, the Partnership owns a 70% interest in Rio Grande Pipeline Company, a transporter of LPGs from West Texas to Northern Mexico.
Holly Energy Partners, L.P.
CONTACT: Bruce Shaw, Senior Vice President & Chief Financial Officer, orM. Neale Hickerson, Vice President, Investor Relations, both of Holly EnergyPartners, +1-214-871-3555
Web site: http://www.hollycorp.com/
Source: PRNewswire-FirstCall
Related Articles
- Hiland Partners Suspends Quarterly Distribution on Common and Subordinated Units. Hiland Holdings Suspends Quarterly Distribution on Common Units.
- Encore Energy Partners LP Announces Third Quarter Results and Quarterly Distribution of $0.66 Per Unit
- Kinder Morgan Energy Partners Increases Quarterly Distribution to $1.02 Per Unit; Up 16% Over Third Quarter 2007
- NuStar Energy L.P. Announces Increase in Quarterly Distribution to $1.0575 Per Unit; Up 7.4 Percent Over Second Quarter 2008 Distribution
- Encore Energy Partners LP Announces Second Quarter Results and Quarterly Distribution of $0.6881 Per Unit
- Genesis Energy, L.P. Announces Increase in Quarterly Distribution to $0.315
- Kinder Morgan Energy Partners Increases Quarterly Distribution to $0.99 Per Unit; Up 16% Over Second Quarter 2007
- Genesis Energy, L.P. Announces Increase in Quarterly Distribution to $0.30
- Kinder Morgan Energy Partners Increases Quarterly Distribution to $0.92 Per Unit
- U.S. Energy Systems Announces Acquisition of Minority Partners Interest in Its UK Transaction
 |
 |
User Comments (0)
RSS Feeds