Holly Energy Partners Third Quarter 2016 Earnings Release and Conference Webcast

Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") plans to announce results for its quarter ended September 30, 2016 on November 2, 2016, before the opening of trading on the NYSE. The Partnership has scheduled a webcast conference on November 2, 2016 at 4:00 p.m. Eastern time to discuss financial results.

This webcast may be accessed at: https://event.webcasts.com/starthere.jsp?ei=1120081

An audio archive of this webcast will be available using the above noted link through November 16, 2016.

About Holly Energy Partners, L.P.:

Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries. The Partnership, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Arizona, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming and Kansas as well as refinery processing units in Kansas and Utah.

Contacts:

Holly Energy Partners, L.P.
Julia Heidenreich, 214-954-6511
Vice President, Investor Relations
or
Craig Biery, 214-954-6511
Manager, Investor Relations

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