Holly Energy Partners Q3 net income increases

US-based midstream energy company Holly Energy Partners has reported a net income of $16.5 million, or $0.78 per share, for the third quarter of 2009, compared to $6.6 million, or $0.34 per share, for the same period of 2008.

The company has reported total revenues of $42.7 million for the third quarter of 2009, compared to $29.51 million for the same quarter of 2008.

Holly Energy Partners has reported a net income of $38.4 million, or $1.89 per basic share, for the nine months ended September 30, 2009, compared to $18.2 million, or $0.95 per share, for the corresponding period of 2008.

Year-to-date total revenues were $115.47 million, compared to $83.56 million for the nine-month period of 2008.