Holly Energy Partners''s Return On Capital Employed Overview
According to Benzinga Pro, during Q2, Holly Energy Partners (NYSE: HEP ) earned $59.68 million, a 10.97% increase from the preceding quarter. Holly Energy Partners also posted a total of $135.77 million in sales, a 12.96% increase since Q1. Holly Energy Partners earned $53.78 million, and sales totaled $120.20 million in Q1. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher … Full story available on Benzinga.com
Holly Energy Partners''s Return On Capital Employed Overview
According to Benzinga Pro, during Q2, Holly Energy Partners (NYSE: HEP ) earned $59.68 million, a 10.97% increase from the preceding quarter. Holly Energy Partners also posted a total of $135.77 million in sales, a 12.96% increase since Q1. Holly Energy Partners earned $53.78 million, and sales totaled $120.20 million in Q1. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher … Full story available on Benzinga.com