Cost and Expense HighlightsOperating costs and expenses were $40.5 million and $154.3 million for the three months and year ended December 31, 2012, respectively, representing increases of $8.1 million and $46.2 million over the respective periods of 2011. These increases reflect incremental operating costs and expenses attributable to UNEV and our recently acquired assets serving HollyFrontier’s El Dorado and Cheyenne refineries and higher throughput levels on our legacy assets, as well as year-over-year increases in depreciation expense, maintenance service, payroll costs and professional fees.
Holly Energy Partners, L.P. Reports Fourth Quarter Results
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