HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 3, 2017, the Board of Directors (the “Board”) of Holly Logistic Services, L.L.C. (the “Company”) accepted the resignation of Jerry W. Pinkerton from the Board to the Company’s director retirement policy. The resignation will be effective June 30, 2017. The number of directors constituting the full Board was decreased from eight to seven effective June 30, 2017. In addition, on May 3, 2017, the Board appointed Matthew P. Clifton to the Audit Committee and the Conflicts Committee of the Board. The Company is the ultimate general partner of Holly Energy Partners, L.P. (the “Partnership”).
The Company and the Partnership appreciate Mr. Pinkerton’s dedication and service to the Company and the Partnership.
About HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP)
Holly Energy Partners, L.P., (HEP) is engaged in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals and loading rack facilities. The Company operates in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho and Washington. The Company’s assets include pipelines; refined product terminals and refinery tankage, and refinery processing units. Holly Logistic Services, L.L.C. (HLS) is a subsidiary of HollyFrontier Corporation (HFC), which is the general partner of HEP and manages HEP. The Company owns and operates petroleum product and crude pipelines, terminal, tankage and loading rack facilities, and refinery processing units that support the refining and marketing operations of HFC in the Mid-Continent, Southwest and Rocky Mountain regions of the United States and Alon USA, Inc.’s (Alon) refinery in Big Spring, Texas. HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) Recent Trading Information
HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) closed its last trading session down -1.09 at 34.41 with 308,468 shares trading hands.
Holly Energy Partners, L.P., (HEP) is engaged in the business of operating a system of petroleum product and crude pipelines, storage tanks, distribution terminals and loading rack facilities. The Company operates in West Texas, New Mexico, Utah, Nevada, Oklahoma, Wyoming, Kansas, Arizona, Idaho and Washington. The Company’s assets include pipelines; refined product terminals and refinery tankage, and refinery processing units. Holly Logistic Services, L.L.C. (HLS) is a subsidiary of HollyFrontier Corporation (HFC), which is the general partner of HEP and manages HEP. The Company owns and operates petroleum product and crude pipelines, terminal, tankage and loading rack facilities, and refinery processing units that support the refining and marketing operations of HFC in the Mid-Continent, Southwest and Rocky Mountain regions of the United States and Alon USA, Inc.’s (Alon) refinery in Big Spring, Texas. HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) Recent Trading Information
HOLLY ENERGY PARTNERS, L.P. (NYSE:HEP) closed its last trading session down -1.09 at 34.41 with 308,468 shares trading hands.
