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, TX, US
Websitehollyfrontier.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)4,074(+13%)
Job Openings41
Revenue (FY, 2020)$11.2 B(-36%)
Share Price (Jun 2021)$36.2(+2%)
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 of HollyFrontier Corporation and President of HollyFrontier Refining & Marketing LLC
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, 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
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HollyFrontier Financials and Metrics

HollyFrontier Revenue

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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
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

14.3b17.7b17.5b11.2b

Revenue growth, %

24%(1%)

Cost of goods sold

11.4b14.1b13.8b9.2b

Gross profit

2.9b3.6b3.7b2.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

4.1b4.5b4.8b3.9b4.8b4.4b3.4b2.1b2.8b3.5b

Cost of goods sold

3.2b3.5b3.8b3.0b3.8b3.4b3.3b1.3b2.3b3.0b

Gross profit

885.1m982.2m1.0b930.4m1.0b987.0m146.4m755.8m442.2m544.0m

Gross profit Margin, %

21%22%21%24%22%22%4%37%16%16%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

630.8m1.2b885.2m22.0m

Accounts Receivable

720.7m671.7m879.7m

Prepaid Expenses

36.9m81.5m61.7m

Inventories

1.6b1.4b1.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

781.5m979.9m1.1b496.1m914.6m981.9m909.1m902.5m1.5b19.8m

Accounts Receivable

842.8m825.3m847.6m1.0b799.4m839.8m569.2m593.4m525.2m

Prepaid Expenses

54.8m62.6m57.1m77.5m51.2m50.4m81.0m56.2m34.4m

Inventories

1.6b1.8b1.9b1.7b1.6b1.6b943.6m1.2b933.7m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

881.2m1.2b872.4m(514.9m)

Depreciation and Amortization

409.9m437.3m509.9m520.9m

Inventories

(162.3m)136.6m(91.6m)230.1m

Accounts Payable

189.0m(326.0m)312.8m(241.8m)
USDFY, 2017

Revenue/Employee

4.0m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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HollyFrontier Operating Metrics

FY, 2017FY, 2018FY, 2019

Refineries

555

Crude Oil Capacity, barrels per day

457 k457 k457 k

Crude Oil Capacity (Eldorado Refinery), barrels per day

135 k135 k135 k

Crude Oil Capacity (Navajo Refinery), barrels per day

100 k100 k100 k
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HollyFrontier Acquisitions / Subsidiaries

Company NameDateDeal Size
Sonneborn, LLCNovember 13, 2018$655 m
Suncor EnergyOctober 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
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HollyFrontier Revenue Breakdown

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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

Human Capital Metrics

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HollyFrontier Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

HollyFrontier Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

HollyFrontier Online and Social Media Presence

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HollyFrontier Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    F

    53/100

  • Compensation

    B

    74/100

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HollyFrontier News and Updates

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...

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.

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.

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…

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…
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HollyFrontier Blogs

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 …

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 …

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.