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HollyFrontier Corp (HFC)

HFC on New York Consolidated

26.50USD
28 Mar 2017
Change (% chg)

$-0.10 (-0.39%)
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Latest Key Developments (Source: Significant Developments)

HollyFrontier qtrly earnings 30 cents/shr
Wednesday, 22 Feb 2017 06:30am EST 

Hollyfrontier Corp : Hollyfrontier corporation reports quarterly net income . Quarterly earnings per share $0.30 . Quarterly loss per share $0.06 excluding items . Hollyfrontier corp - qtrly sales and other revenue $ 2,955 million versus $2,943 million . Q4 revenue view $2.50 billion -- Thomson Reuters I/B/E/S . Hollyfrontier corp - "have achieved approximately $300 million of $700 million in annual ebitda improvements targeted by 2018" . Hollyfrontier corp - qtrly production levels averaged approximately 453,000 barrels per day .Hollyfrontier corp - crude oil charges averaged 432,000 bpd for current quarter.  Full Article

Hollyfrontier Corporation announces pricing of offering of $750 million of 5.875% senior notes due 2026
Wednesday, 16 Nov 2016 09:33pm EST 

Hollyfrontier Corp : Hollyfrontier Corporation announces pricing of offering of $750 million of 5.875% senior notes due 2026 . Hollyfrontier Corp - Additional senior notes to be price equal to 100.098 percent of principal amount .Says company intends to use net proceeds from offering to prepay its $350 million term loan and for general corporate purposes.  Full Article

Hollyfrontier regular quarterly dividend of $0.33/share
Wednesday, 9 Nov 2016 04:29pm EST 

Hollyfrontier Corp :Sets regular quarterly dividend of $0.33 per share.  Full Article

Hollyfrontier Q3 earnings per share $0.42
Thursday, 3 Nov 2016 06:30am EDT 

Hollyfrontier Corp - : Hollyfrontier Corp says quarterly sales and other revenues $2.85 billion versus. $3.59 billion last year . Production levels averaged about 457,000 barrels per day and crude oil charges averaged 444,000 BPD for current quarter . Hollyfrontier Corp says total operating expenses for quarter were $256.2 million compared to $265.4 million for Q3 of last year . Hollyfrontier Corp says quarterly refining operating expenses averaged $5.49 per produced barrel sold compared to $5.46 per barrel for same period of 2015 . Q3 revenue view $2.57 billion -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . Hollyfrontier Corporation reports quarterly results .Quarterly earnings per share $0.42.  Full Article

HollyFrontier plans to double size of the company by 2020 - conf call
Monday, 31 Oct 2016 09:00am EDT 

HollyFrontier Corp: HollyFrontier says expects Suncor's Petro-Canada lubricants unit acquisition to generate $100-200 million of annual EBITDA . HollyFrontier says on a pro forma basis, sees lubricant to account for over 20 pct of normalized refining EBITDA compared with 10 pct EBITDA for HollyFrontier as a standalone . Says expects acquisition to lead to 3-22 percent EPS accretion for HollyFrontier in 2017 . "Our vision is basically to double the size of our company by the year 2020" Further company coverage: [HFC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Suncor Energy sells petro-canada lubricants business for $1.125 bln
Monday, 31 Oct 2016 06:30am EDT 

Suncor Energy Inc : Suncor Energy sells Petro-Canada lubricants business for $1.125 billion . Suncor Energy Inc says under terms of agreement, Hollyfrontier will continue to operate lubricants business under Petro-Canada trademark . Sale includes PCLI's production and manufacturing centre in Mississauga, Ontario . Sale includes global marketing and distribution assets held by PCLI including global offices .Suncor - Sale includes PCLI's production and manufacturing centre in Mississauga, Ontario and global marketing and distribution assets held by PCLI.  Full Article

Hollyfrontier to acquire Suncor Energy's petro-Canada lubricants business
Monday, 31 Oct 2016 06:30am EDT 

Hollyfrontier Corp - : Hollyfrontier to acquire Suncor Energy's petro-Canada lubricants business . To acquire Suncor Energy's petro-Canada lubricants business for C$1.125 billion . Hollyfrontier Corp says anticipates acquisition will be immediately accretive to company's earnings per share and cash flow . Hollyfrontier expects to fund transaction with a combination of debt and cash on hand . With this transaction, company also acquires a perpetual exclusive license to use petro-Canada trademark in association with lubricants .Deal for C$1.125 billion includes working capital with an estimated value of c$342 million.  Full Article

HollyFrontier Corp, HFWCR, HEP Operating, and HEP entered into a LLC interest purchase agreement
Wednesday, 5 Oct 2016 06:26am EDT 

HollyFrontier Corp : On October 3, HollyFrontier, HFWCR, HEP Operating, and HEP entered into a LLC interest purchase agreement - SEC filing . HollyFrontier Corp says cash consideration paid by HEP operating for the interests was approximately $278 million .Consideration was funded with about $100 million in proceeds from previously disclosed private placement of HEP common units.  Full Article

Hollyfrontier Corp reports quarterly loss per share of $2.33
Wednesday, 3 Aug 2016 06:30am EDT 

Hollyfrontier Corp : Hollyfrontier corporation reports quarterly results and announces regular cash dividend . Hollyfrontier corporation reports quarterly results and announces regular cash dividend . Quarterly loss per share $2.33 . Also announced today that its board of directors declared a regular quarterly dividend of $0.33 per share . Incurred $57.0 million in costs during q2 associated with purchasing renewable identification numbers . Q2 earnings per share view $0.32, revenue view $2.42 billion -- Thomson Reuters I/B/E/S . . Production levels averaged approximately 443,000 barrels per day ("bpd") and crude oil charges averaged 429,000 bpd for current quarter . Qtrly sales and other revenues $2.71 billion versus $3.70 billion . On a per barrel basis, q2 consolidated refinery gross margin was $8.88 per produced barrel, a 49% decrease compared to $17.42 .Production levels averaged approximately 443,000 barrels per day ("bpd") and crude oil charges averaged 429,000 bpd for the quarter.  Full Article

Holly Energy Partners says Richard Voliva CFO of Holly Logistic Services will provide services to both Cos
Thursday, 2 Jun 2016 05:46pm EDT 

Holly Energy Partners LP : Voliva will be a shared employee similar to certain of company's other executive officers . Richard L. Voliva III, vice president CFO of Holly Logistic Services LLC Will provide services to both Hollyfrontier corp and co Further company coverage: [HEP.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

More From Around the Web

BRIEF-HollyFrontier CEO Damiris' 2016 total compensation was $9 mln vs $6.8 mln in 2015 - SEC filing

* CEO George J. Damiris's 2016 total compensation was $9 million versus $6.8 million in 2015 - SEC filing Source text - (http://bit.ly/2nI3oUd) Further company coverage: