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HollyFrontier Corp (HFC)

HFC on New York Consolidated

24.77USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Hollyfrontier Q1 loss $0.26 per diluted share
Wednesday, 3 May 2017 06:30am EDT 

May 3 (Reuters) - Hollyfrontier Corp ;:HollyFrontier corporation reports quarterly results.HollyFrontier corp - qtrly sales and other revenue $3.08 billion versus $2.02 billion.HollyFrontier corp - q1 net loss attributable to hollyfrontier stockholders of $45.5 million or $0.26 per diluted share.Q1 earnings per share view $-0.12, revenue view $2.28 billion -- Thomson Reuters I/B/E/S.HollyFrontier - qtrly production levels averaged approximately 392,000 barrels per day and crude oil charges averaged 371,000 bpd for current quarter.HollyFrontier corp - q1 included several special items that reduced net income by a total of $12.0 million.HollyFrontier - q1 crude rate was negatively impacted by our planned turnaround at navajo, planned maintenance at el dorado vacuum tower among others.HollyFrontier-Q1 crude rate also negatively impacted by unplanned maintenance at tulsa ccr reformer, crude supply pipeline outage to woods cross refinery.  Full Article

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

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BRIEF-Hollyfrontier Q1 loss $0.26 per diluted share

* HollyFrontier corp - qtrly sales and other revenue $3.08 billion versus $2.02 billion