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HollyFrontier

OverviewSuggest Edit

HollyFrontier is a company that operates as a petroleum refiner. It produces high-value light products such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. HollyFrontier serves other refiners, convenience store chains, independent marketers, retailers, wholesalers, etc.

TypePublic
Founded1947
HQDallas, USMap
Websitehollyfrontier.com
Employee Ratings3.4More
Overall CultureA+More
View Jobs (14)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)4,074(+13%)
Job Openings14
Revenue (FY, 2019)$17.5 B(-1%)
Share Price (Nov 2020)$22.1 (+8%)
Cybersecurity ratingBMore

Key People/Management at HollyFrontier

Michael C. Jennings

Michael C. Jennings

Chief Executive Officer, President & Director
Thomas G. Creery

Thomas G. Creery

Senior Vice President, Commercial
Timothy Go

Timothy Go

Executive Vice President and Chief Operating Officer
Bruce A. Lerner

Bruce A. Lerner

President, HollyFrontier Lubricants & Specialties
Vaishali S. Bhatia

Vaishali S. Bhatia

Senior Vice President, General Counsel and Secretary
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HollyFrontier Office Locations

HollyFrontier has offices in Dallas, Artesia, Cheyenne, Council Bluffs and in 7 other locations
Dallas, US (HQ)
2828 N Harwood St #1300
Artesia, US
501 E Main St
Cheyenne, US
300 Morrie Ave
Council Bluffs, US
1701 S 3rd St
El Dorado, US
1401 Douglas Rd
Petrolia, US
100 Sonneborn Ln
Show all (11)

HollyFrontier Financials and Metrics

HollyFrontier Revenue

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HollyFrontier's revenue was reported to be $17.49 b in FY, 2019
USD

Revenue (Q3, 2020)

2.8b

Gross profit (Q3, 2020)

442.2m

Gross profit margin (Q3, 2020), %

15.7%

Net income (Q3, 2020)

23.3m

EBIT (Q3, 2020)

(27.2m)

Market capitalization (13-Nov-2020)

3.3b

Closing stock price (13-Nov-2020)

22.1

Cash (30-Sept-2020)

18.1m

EV

4.8b
HollyFrontier's current market capitalization is $3.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

14.3b17.7b17.5b

Revenue growth, %

24%

Cost of goods sold

11.5b13.9b13.9b

Gross profit

2.8b3.8b3.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.1b3.5b3.7b4.1b4.5b4.8b3.9b4.8b4.4b3.4b2.1b2.8b

Cost of goods sold

2.6b2.8b2.9b3.3b3.6b3.8b3.2b3.7b3.4b2.7b1.6b2.4b

Gross profit

439.3m705.4m830.7m781.3m875.3m1.0b698.0m1.1b1.0b706.8m485.9m442.2m

Gross profit Margin, %

14%20%22%19%20%21%18%23%23%21%24%16%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

229.1m1.6b1.8b940.1m568.0m66.5m710.6m630.8m1.2b885.2m

Accounts Receivable

993.1m1.4b634.2m720.7m671.7m879.7m

Prepaid Expenses

28.5m219.5m53.2m36.9m81.5m61.7m

Inventories

400.4m1.1b1.3b1.6b1.4b1.5b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

140.2m271.9m224.1m426.7m1.6b1.7b1.4b2.1b1.9b1.3b1.3b1.1b1.1b856.0m594.1m233.4m239.7m111.0m452.0m366.3m129.5m460.3m630.7m781.5m979.9m1.1b496.1m914.6m981.9m909.1m902.5m18.1m

Accounts Receivable

762.8m718.5m1.2b1.0b1.3b733.1m603.7m736.9m656.5m770.8m755.7m688.3m780.2m690.3m526.9m626.1m522.3m430.9m481.5m395.9m601.1m602.4m714.3m842.8m1.0b569.2m593.4m

Prepaid Expenses

59.8m43.3m14.9m33.6m55.6m54.2m59.8m31.2m59.9m82.3m80.8m110.3m134.3m111.6m64.6m68.9m73.1m32.6m32.3m23.9m33.3m37.7m32.1m54.8m77.5m

Inventories

421.1m414.0m473.5m495.3m1.3b1.3b1.3b1.5b1.5b1.6b1.5b1.6b1.5b1.6b1.1b1.2b1.0b891.9m1.0b1.1b1.3b1.2b1.4b1.6b1.7b943.6m1.2b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

104.0m1.0b1.7b767.8m326.3m802.5m(190.9m)881.2m1.2b872.4m

Depreciation and Amortization

117.5m159.7m242.9m409.9m437.3m509.9m

Inventories

(96.9m)(56.8m)(205.0m)(15.9m)(78.8m)(33.7m)(1.9m)(162.3m)136.6m(91.6m)

Accounts Payable

342.2m(164.6m)(194.1m)2.1m(217.5m)(406.3m)247.6m189.0m(326.0m)312.8m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

38.1m89.2m84.7m276.9m800.0m241.7m735.2m1.3b333.7m590.7m698.0m164.0m349.1m536.7m242.7m615.8m826.5m43.4m(349.1m)(261.4m)(37.8m)36.3m324.0m288.9m651.8m1.0b276.5m493.3m791.3m(293.3m)(443.7m)(420.3m)

Depreciation and Amortization

56.6m85.7m31.3m63.1m106.4m56.1m113.1m178.2m71.8m142.3m224.4m80.5m181.9m262.9m80.0m167.8m255.6m87.9m178.3m269.4m96.0m201.3m304.2m104.3m214.7m323.6m121.4m248.3m375.3m140.6m270.8m396.0m

Inventories

(117.6m)(110.5m)(73.1m)(94.9m)(195.6m)(230.5m)(195.2m)(370.8m)(151.2m)(230.8m)(228.5m)(236.0m)(150.6m)(225.7m)(74.0m)(12.8m)(85.3m)7.3m15.5m(54.6m)14.0m61.0m(43.8m)(151.5m)21.3m(33.9m)(4.0m)(6.7m)(47.4m)(50.5m)(764.0k)104.6m

Accounts Payable

34.9m69.0m181.0m133.2m(297.1m)124.2m(418.9m)(96.3m)(41.0m)216.5m298.9m260.8m307.5m109.9m(165.8m)(60.4m)(203.3m)61.4m(37.2m)292.9m321.5m(328.2m)(314.9m)(387.3m)
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USDQ2, 2010

Financial Leverage

2.7 x
Show all financial metrics

HollyFrontier Operating Metrics

Y, 2016

Oil Production, barrels per day

457 k
Show all operating metrics

HollyFrontier Acquisitions / Subsidiaries

Company NameDateDeal Size
Suncor EnergyOctober 31, 2016$845 m

HollyFrontier Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

Learn more about our premium products
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HollyFrontier Online and Social Media Presence

HollyFrontier's Trends

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HollyFrontier Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    95/100

Learn more on Comparably

HollyFrontier News and Updates

July 21, 2020

HollyFrontier Can Handle The Heat

This best-in-class refiner has experienced major disruption to its operations but those who look past this temporary decline can find great value long term.
May 28, 2020

EPA and State of Kansas Reach Agreement With HollyFrontier for Alleged Clean Air Act Violations at its El Dorado, Kansas Refinery

WASHINGTON (May 28,2020) — Today, the U.S. Environmental Protection Agency (EPA) and the state of Kansas have announced a settlement with HollyFrontier El Dorado Refining LLC. (HollyFrontier), to address alleged Clean Air Act violations resulting from exceedances of emission limits and failure to co…
April 08, 2020

HollyFrontier refining running at 70% capacity, to cut capex plans by 15%

Petroleum refiner HollyFrontier Corp. said Wednesday that its refining segment is currently running at about 70% capacity, as a result of the impact of the COVID-19 pandemic on the economy and its markets. The company said it was limiting onsite staff at all facilities, postponing non-essential pro…
February 20, 2020

Refiner HollyFrontier quarterly profit falls 80%

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.
January 09, 2020

World Market Forecasts for White Oil (2019-2025): Leading Players are Sinopec, ExxonMobil, Fuchs Petrolub, HollyFrontier, and Nynas

DUBLIN, Jan. 9, 2020 /PRNewswire/ -- The "Global White Oil Market 2019-2025" report has been added to ResearchAndMarkets.com's offering. The global white oil market is expected to grow at a significant rate. White oil is used in various industry verticals, such as personal care,...
November 18, 2019

HollyFrontier to build renewable diesel unit, buy back shares

U.S. refiner HollyFrontier Corp. said on Monday it would build a renewable diesel unit (RDU) and announced a $1 billion share buyback program.
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HollyFrontier Blogs

October 18, 2018

HFC Investor Presentation October 2018

HFC Investor Presentation October 2018 joseibrahim.de… Thu, 10/18/2018 - 08:23 HFC Investor Presentation October 2018 Display "add to calendar" true Event Type Conference Event Categories Old Calendar …
September 18, 2018

HollyFrontier Corporation Third Quarter 2018 Earnings Release and Conference Webcast

HollyFrontier Corporation Third Quarter 2018 Earnings Release and Conference Webcast Content Import Tue, 09/18/2018 - 17:03 HollyFrontier Corporation Third Quarter 2018 Earnings Release and Conference Webcast September 18, 2018 This release is a backfill from …
September 13, 2018

HollyFrontier Board of Directors Authorizes $1 Billion Share Repurchase Program

HollyFrontier Board of Directors Authorizes $1 Billion Share Repurchase Program Content Import Thu, 09/13/2018 - 06:32 HollyFrontier Board of Directors Authorizes $1 Billion Share Repurchase Program September 13, 2018 This release is a backfill from a News Wir…

 HollyFrontier Frequently Asked Questions

  • When was HollyFrontier founded?

    HollyFrontier was founded in 1947.

  • Who are HollyFrontier key executives?

    HollyFrontier's key executives are Michael C. Jennings, Thomas G. Creery and Timothy Go.

  • How many employees does HollyFrontier have?

    HollyFrontier has 4,074 employees.

  • What is HollyFrontier revenue?

    Latest HollyFrontier annual revenue is $17.5 b.

  • What is HollyFrontier revenue per employee?

    Latest HollyFrontier revenue per employee is $4.3 m.

  • Who are HollyFrontier competitors?

    Competitors of HollyFrontier include SK innovation, CVR Energy and NGL Energy Partners.

  • Where is HollyFrontier headquarters?

    HollyFrontier headquarters is located at 2828 N Harwood St #1300, Dallas.

  • Where are HollyFrontier offices?

    HollyFrontier has offices in Dallas, Artesia, Cheyenne, Council Bluffs and in 7 other locations.

  • How many offices does HollyFrontier have?

    HollyFrontier has 11 offices.