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HollyFrontier Q2 Loss Per Share $1.09
Hollyfrontier Says About 200 Employees Expected To Be Impacted By Plan At Cheyenne, Wyoming Refinery
HollyFrontier Says To Convert Cheyenne Refinery To Renewable Diesel Production
HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company's El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt). The HEP segment involves all of the operations of HEP. HEP is a limited partnership, which owns and operates logistic assets.
Oil & Gas Operations
2828 N Harwood St Ste 1300
Independent Chairman of the Board
Michael C. Jennings
President, Chief Executive Officer, Director
Richard Lawrence Voliva
Chief Financial Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
Vaishali S. Bhatia
Senior Vice President, General Counsel, Secretary
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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U.S. refiner HollyFrontier Corp <HFC.N> posted a smaller-than-expected loss on Thursday as demand for its products picked up in the quarter due to easing of coronavirus-led travel restrictions.
Independent U.S. refiner HollyFrontier plans for its five refineries to run up to 81% of their combined throughput of 457,000 barrels per day (bpd) in the third quarter of 2020, said Timothy Go, executive vice president and chief operating officer.
HollyFrontier Corp posted a quarterly loss on Thursday compared with a profit last year, as the U.S. refiner grappled with a drop in demand for its products due to the coronavirus pandemic.
CVR Refining and HollyFrontier Corp have cut their workforces in recent weeks, according to three sources, as demand falls due to the ongoing coronavirus pandemic.
HollyFrontier plans to ramp up production at its El Dorado, Kansas refinery to 125,000 barrels-per-day (bpd) in the coming days, according to a source familiar with plant operations.
HollyFrontier Corp said on Monday it will convert its 52,000 barrels per day oil refinery in Cheyenne, Wyoming into a renewable diesel plant to try to tap into growing demand for the alternative fuel.
HollyFrontier Corp said on Monday it would convert its petroleum refinery located in Cheyenne, Wyoming into a renewable diesel production plant, as it looks to expand its renewables business.
HollyFrontier has cut production at the independent U.S. refiner's five refineries, with a combined crude oil throughput of 457,000 barrels per day (bpd), by an average 30% because of low demand amid the coronavirus crisis, a top executive said on Thursday.
Independent U.S. refiner HollyFrontier has removed contract workers from its refineries and all significant capital activity has stopped because of the coronavirus pandemic, Chief Executive Michael Jennings said in a webcast on Tuesday.
HollyFrontier Corp's profit fell short of Wall Street expectations for the first time in six quarters on Thursday, as the U.S. refiner was pinched by higher expenses from heavy maintenance and a slump in refining margins.
U.S. refiner HollyFrontier Corp reported an 80% fall in adjusted quarterly profit on Thursday, hurt by lower refining margins and heavy planned refinery maintenance.
HollyFrontier Corp has agreed to pay its ex-general counsel nearly $2.2 million in severance compensation, the petroleum company disclosed in a filing with the U.S. Securities and Exchange Commission on Monday.
U.S. refiner HollyFrontier Corp said on Monday it would build a biodiesel plant in New Mexico to lower costs related to blending renewable fuels and announced a $1 billion share buyback program.
U.S. refiner HollyFrontier Corp. said on Monday it would build a renewable diesel unit (RDU) and announced a $1 billion share buyback program.
U.S. refiner HollyFrontier Corp has tapped former Chief Executive Officer Michael Jennings to replace George Damiris, who will retire at the end of the year.
U.S. refiner HollyFrontier Corp on Friday named Michael Jennings as chief executive officer, effective Jan. 1.
Independent U.S. refiner HollyFrontier Corp plans for its five refineries to run at up to 76% of their combined capacity of 514,630 barrels-per-day (bpd) in the fourth quarter of 2020, the company said on Thursday.
U.S. refiner HollyFrontier Corp <HFC.N> reported a 20.7% fall in quarterly adjusted profit on Thursday, as a shortage of low-cost heavy crude hit its refining margins.
U.S. refiner HollyFrontier Corp reported a 43.8% rise in quarterly adjusted profit, helped by higher gasoline and diesel margins.
Heavy rains and storms slamming the central United States forced the closure of a HollyFrontier Corp refinery in Oklahoma and a portion of Tallgrass Energy LP's crude oil pipeline on Thursday.
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