Rahul Sharma (Editor)

HollyFrontier

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Type
  
Public

Key people
  
George Damaris (CEO)

Founded
  
1947

Industry
  
Oil and Gas

Net income
  
$1.727 billion

Number of employees
  
2,534

HollyFrontier httpsuploadwikimediaorgwikipediaen77eHol

Traded as
  
NYSE: HFC S&P 400 Component

Products
  
Gasoline, Diesel, Jet Fuel, Asphalt and Other Specialty Products

Stock price
  
HFC (NYSE) US$ 28.23 +0.78 (+2.84%)13 Mar, 11:02 AM GMT-4 - Disclaimer

Headquarters
  
Dallas, Texas, United States

CEO
  
Michael C. Jennings (1 Jul 2011–)

The HollyFrontier Corporation is a Fortune 500 company based in Dallas, TX. HollyFrontier is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based lubricants and waxes. George Damaris currently holds the title as CEO. The company has primary refining operations in Kansas, New Mexico, Oklahoma, Utah, and Wyoming

Contents

History

HollyFrontier Corporation was originally incorporated under the name General Appliance Corporation in 1947 and changed its name to Holly Corporation in 1952. Holly Corporation bought both the Sinclair (originally Texaco) and the Sunoco (originally Cosden) refineries in Tulsa, Oklahoma in 2009, and announced that it would operate both as a single refinery.

Operations

HollyFrontier operates 5 refineries:

  • Cheyenne (Cheyenne, WY) - 52,000 barrels per day (bbl/d) of crude oil capacity
  • El Dorado (El Dorado, KS) - 135,000 bbl/d
  • Navajo (Artesia, NM) - 100,000 bbl/d
  • Tulsa (Tulsa, OK) - 125,000 bbl/d
  • Woods Cross (Woods Cross, UT) - 31,000 bbl/d

    • The company also maintains the following divisions:

  • Holly Energy Partners - logistical assets including pipelines, terminals, and tankage
  • Lubricants and Specialty Products - manufacturing and marketing of lubricants specialty products
  • Asphalt - commodity and modified asphalt products are marketed in Arizona, New Mexico, Texas, and northern Mexico

    • Merger

    Holly Corporation and Frontier Oil merged forming HollyFrontier Corporation in July 2011.

    References

    HollyFrontier Wikipedia
    (Text) CC BY-SA