The Board of Directors of Holly Energy Partners, L.P. has declared a cash distribution of $0.6500 per unit for the fourth quarter of 2017, compared to the $0.6075 per unit distribution declared for the fourth quarter of 2016. The distribution will be paid on February 14, 2018 to unitholders of record on February 5, 2018. In 2018, Holly Energy expects to increase the quarterly distribution by $0.0050 per unit, resulting in an annual distribution growth rate of 4%.