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HollyFrontier says maintenance affected run rates

Dec. 30, 2016 5:41 PM ETHF Sinclair Corporation (DINO) StockBy: Jason Aycock, SA News Editor4 Comments
  • In an update on its refinery maintenance, HollyFrontier (HFC -1.2%) says that unplanned Q4 maintenance on its Navajo Catalytic Reforming Unit has wrapped up -- and that cold weather there resulted in boiler outages that affected run rates.
  • Issues with the CRU at Tulsa also caused a rate reduction, it says. That refinery will use downtime to accerlate maintenance for units originally planned for later in 2017, including the East Crude Unit.
  • Because of the maintenance, HollyFrontier now says it expects crude oil throughput for the quarter to average 425,000 to 435,000 barrels per day.
  • Maintenance issues at refiners are in the spotlight after many companies deferred maintenance over the past couple of years to run flat out.

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