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.
| Type | Public | |
| Founded | 1947 | |
| HQ | Dallas, TX, US | Map |
| Website | hollyfrontier.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Recent NewsAll News
- HollyFrontier Stock Poised For Growth
- Global Renewable Diesel (Capacity and Demand) Market Insights & Forecast Report 2020-2024 Featuring Total S.A., Valero Energy, Eni, Neste, HollyFrontier and Renewable Energy Group
- Why Target, Universal Health Services, MasTec, HollyFrontier, Standard Motor Products, And Allison Transmission Look Good Post Earnings
- HollyFrontier Can Handle The Heat
Key People/Management at HollyFrontier
Michael C. Jennings
Chief Executive Officer, President & Director
Thomas G. Creery
Senior Vice President, Commercial of HollyFrontier Corporation and President of HollyFrontier Refining & Marketing LLC
Timothy Go
Executive Vice President and Chief Operating Officer
Bruce A. Lerner
President, HollyFrontier Lubricants & Specialties
Vaishali S. Bhatia
Senior Vice President, General Counsel and Secretary
HollyFrontier Office Locations
HollyFrontier has offices in Dallas, Artesia, Cheyenne, Council Bluffs and in 7 other locations
Dallas, TX, US (HQ)
2828 N Harwood St #1300
Artesia, NM, US
501 E Main St
Cheyenne, WY, US
300 Morrie Ave
Council Bluffs, IA, US
1701 S 3rd St
El Dorado, KS, US
1401 Douglas Rd
Petrolia, PA, US
100 Sonneborn Ln
HollyFrontier Financials and Metrics
HollyFrontier Revenue
HollyFrontier's revenue was reported to be $11.18 b in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 3.5b |
Gross profit (Q1, 2021) | 544.0m |
Gross profit margin (Q1, 2021), % | 15.5% |
Net income (Q1, 2021) | 182.9m |
EBIT (Q1, 2021) | 138.1m |
Market capitalization (7-Jun-2021) | 5.9b |
Closing stock price (7-Jun-2021) | 36.2 |
Cash (31-Mar-2021) | 19.8m |
EV | 7.3b |
HollyFrontier's current market capitalization is $5.9 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.1b | 4.5b | 4.8b | 3.9b | 4.8b | 4.4b | 3.4b | 2.1b | 2.8b | 3.5b |
Cost of goods sold | 3.2b | 3.5b | 3.8b | 3.0b | 3.8b | 3.4b | 3.3b | 1.3b | 2.3b | 3.0b |
Gross profit | 885.1m | 982.2m | 1.0b | 930.4m | 1.0b | 987.0m | 146.4m | 755.8m | 442.2m | 544.0m |
Gross profit Margin, % | 21% | 22% | 21% | 24% | 22% | 22% | 4% | 37% | 16% | 16% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 781.5m | 979.9m | 1.1b | 496.1m | 914.6m | 981.9m | 909.1m | 902.5m | 1.5b | 19.8m |
Accounts Receivable | 842.8m | 825.3m | 847.6m | 1.0b | 799.4m | 839.8m | 569.2m | 593.4m | 525.2m | |
Prepaid Expenses | 54.8m | 62.6m | 57.1m | 77.5m | 51.2m | 50.4m | 81.0m | 56.2m | 34.4m | |
Inventories | 1.6b | 1.8b | 1.9b | 1.7b | 1.6b | 1.6b | 943.6m | 1.2b | 933.7m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 288.9m | 651.8m | 1.0b | 276.5m | 493.3m | 791.3m | (293.3m) | (443.7m) | (420.3m) | 182.9m |
Depreciation and Amortization | 104.3m | 214.7m | 323.6m | 121.4m | 248.3m | 375.3m | 140.6m | 270.8m | 396.0m | 124.1m |
Inventories | (151.5m) | 21.3m | (33.9m) | (4.0m) | (6.7m) | (47.4m) | (50.5m) | (764.0k) | 104.6m | (241.2m) |
Accounts Payable | (20.1m) | 61.4m | (37.2m) | 270.8m | 292.9m | 321.5m | (328.2m) | (314.9m) | (387.3m) | 266.2m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 4.0m |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.8 x |
HollyFrontier Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Sonneborn, LLC | November 13, 2018 | $655 m |
| Suncor Energy | October 31, 2016 | $845 m |
| 7037619 Canada Inc. | ||
| Artesia Renewable Diesel Company LLC | ||
| Black Eagle LLC | ||
| Cheyenne Logistics LLC | ||
| Cheyenne Pipeline LLC | ||
| Cushing Connect Pipeline & Terminal LLС | ||
| Eagle Consolidation LLC | ||
| El Dorado Logistics LLC |
HollyFrontier Revenue Breakdown
HollyFrontier revenue breakdown by business segment: 85.6% from Refining, 11.5% from Lubricants and Specialty Products and 2.9% from Other
HollyFrontier revenue breakdown by geographic segment: 22.9% from Southwest (US), 53.2% from Mid-Continent (US), 13.9% from Rocky Mountains (US) and 10.0% from Other
HollyFrontier Cybersecurity Score
HollyFrontier Environment, Social & Governance (ESG) Ratings
HollyFrontier Online and Social Media Presence
HollyFrontier's Trends
HollyFrontier Company Culture
Overall Culture
B
71/100
CEO Rating
F
53/100
Compensation
B
74/100
HollyFrontier News and Updates
June 02, 2021
HollyFrontier Stock Poised For Growth
The shares of HollyFrontier have gained 14% since early February to almost reach pre-Covid levels in recent months. Declining crude inventory levels coupled with OPEC+ curbs have pushed benchmark prices beyond $60/bbl – assisting cash flows for the broader oil industry...
April 09, 2021
Global Renewable Diesel (Capacity and Demand) Market Insights & Forecast Report 2020-2024 Featuring Total S.A., Valero Energy, Eni, Neste, HollyFrontier and Renewable Energy Group
Dublin, April 09, 2021 (GLOBE NEWSWIRE) -- The "Global Renewable Diesel Market (by Capacity and Demand): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering.
March 16, 2021
Why Target, Universal Health Services, MasTec, HollyFrontier, Standard Motor Products, And Allison Transmission Look Good Post Earnings
Reiterating six more Long Ideas post recent earnings reports.
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…
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
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Event Type
Conference
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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 $11.2 b.
What is HollyFrontier revenue per employee?
Latest HollyFrontier revenue per employee is $2.7 m.
Who are HollyFrontier competitors?
Competitors of HollyFrontier include Preem, SK innovation and CVR Energy.
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.
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