HollyFrontier Corporation

HollyFrontier Corporation, headquartered in Dallas, Texas is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier operates through its subsidiaries a 135,000 barrels per stream day (“bpsd”) refinery located in El Dorado, Kansas, a 125,000 bpsd refinery in Tulsa, Oklahoma, a 100,000 bpsd refinery in Artesia, New Mexico, a 52,000 bpsd refinery in Cheyenne, Wyoming and a 45,000 bpsd refinery in Woods Cross, Utah. HollyFrontier markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HollyFrontier and certain of it’s subsidiaries also currently own a 37% interest (including a 2% general partner interest) in Holly Energy Partners, L.P.

Company Growth (employees)
Type
Public
HQ
Dallas, US
Founded
1947
Size (employees)
2,676 (est)-1%
HollyFrontier Corporation was founded in 1947 and is headquartered in Dallas, US

Key People at HollyFrontier Corporation

George Damiris

George Damiris

Chief Executive Officer and President
Thomas Creery

Thomas Creery

Senior Vice President, Commercial
Denise McWatters

Denise McWatters

Senior Vice President, General Counsel & Secretary
James Stump

James Stump

Senior Vice President, Refining

HollyFrontier Corporation Office Locations

HollyFrontier Corporation has offices in Dallas, Tulsa, Las Vegas, Salt Lake City and in 5 other locations
Dallas, US (HQ)
1300 2828 N Harwood St

HollyFrontier Corporation Data and Metrics

HollyFrontier Corporation Financial Metrics

HollyFrontier Corporation's revenue was reported to be $10.5 b in FY, 2016 which is a 20% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

10.5 b

Revenue growth (FY, 2015 - FY, 2016), %

(20%)

Gross profit (FY, 2016)

1.8 b

Gross profit margin (FY, 2016), %

17%

Net income (FY, 2016)

(190.9 m)

EBIT (FY, 2016)

(99.9 m)

Market capitalization (23-May-2017)

4.6 b

Closing share price (23-May-2017)

26.7

Cash (31-Dec-2016)

710.6 m

EV

6.1 b
HollyFrontier Corporation's current market capitalization is $4.6 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

20.2 b19.8 b13.2 b10.5 b

Revenue growth, %

(2%)(33%)(20%)

Cost of goods sold

17.4 b17.6 b10.2 b8.8 b

Gross profit

2.8 b2.1 b3 b1.8 b

Gross profit Margin, %

14%11%23%17%

Operating expense total

18.9 b19.2 b12 b10.6 b

EBIT

1.2 b515.5 m1.2 b(99.9 m)

EBIT margin, %

6%3%9%(1%)

Interest expense

68.1 m43.6 m43.5 m72.2 m

Interest income

5.6 m4.4 m3.4 m2.5 m

Pre tax profit

1.2 b467.5 m1.2 b(171.5 m)

Net Income

767.8 m326.3 m802.5 m(190.9 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

940.1 m568 m66.5 m710.6 m

Current Assets

3.9 b2.8 b1.4 b2.9 b

PP&E

3.4 b3.7 b4.1 b4 b

Goodwill

2.3 b2.3 b2.3 b2 b

Total Assets

10.1 b9.2 b8.4 b9.4 b

Accounts Payable

1.3 b1.1 b716.5 m935.4 m

Total Debt

997.5 m1.1 b1 b2.2 b

Current Liabilities

1.7 b1.3 b860.6 m1.1 b

Retained Earnings

3.1 b2.8 b3.3 b2.8 b

Total Equity

6.6 b6.1 b5.8 b5.3 b

Debt to Equity Ratio

0.2 x0.2 x0.2 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.2 x

Financial Leverage

1.5 x1.5 x1.4 x1.8 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

767.8 m326.3 m802.5 m(190.9 m)

Accounts Receivable

(68.8 m)108.9 m238.4 m(127.2 m)

Inventories

(15.9 m)(78.8 m)(33.7 m)(1.9 m)

Accounts Payable

2.1 m(217.5 m)(406.3 m)247.6 m

Cash From Operating Activities

869.2 m758.6 m979.6 m602.3 m

Cash From Investing Activities

(526.7 m)(292.3 m)(381.7 m)(801.6 m)

Long-term Borrowings

(156.2 m)

Cash From Financing Activities

(1.2 b)(838.4 m)(1.1 b)843.4 m

Interest Paid

76.6 m55.7 m46.4 m54.1 m

Income Taxes Paid

372.8 m237.9 m586.4 m40.2 m
Numbers are in $, USDY, 2016

EV/EBIT

-61.5 x

EV/CFO

10.2 x

Revenue/Employee

3.9 m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x

HollyFrontier Corporation Operating Metrics

Y, 2016

Oil Production Volume, barrels per day

457 k

HollyFrontier Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Suncor EnergyOctober 31, 2016$845 m

HollyFrontier Corporation Market Value History

HollyFrontier Corporation News and Updates

HollyFrontier Corporation Company Life and Culture

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