HollyFrontier Corp. (HFC) - NYSE
  • Mar. 13, 2013, 10:44 AM

    Since when is Macquarie such a market mover? Its downgrade of Valero (VLO -4.4%) is hitting refiners hard; the firm thinks the government's forced usage of biofuels is causing unintended consequences that will negatively impact refiners and may result in high RIN prices. Ratings for Holly Frontier (HFC -2.5%) and CVR Energy (CVI -3.3%) are cut too. Also: TSO -2.9%, WNR -3.7%, MPC -1.5%.

    | Mar. 13, 2013, 10:44 AM | 7 Comments
  • Mar. 11, 2013, 12:52 PM

    Refiners are hit in reaction to a WSJ story calling attention to the squeeze they face from the rising costs of complying with a federal mandate to use corn ethanol in fuel. An EPA proposal, which could be made final as soon as next month, could force refiners and fuel importers to use more than 14B gallons of ethanol, up from 13.3B in 2012. VLO -4%, MPC -1.7%, TSO -2.5%, HFC -2.7%, WNR -3%, PSX -1.4%.

    | Mar. 11, 2013, 12:52 PM | 28 Comments
  • Feb. 27, 2013, 3:04 PM

    National gasoline prices - up $0.50 just in the last month - have hit the $3.75-$4.00 zone known in the past for being "problematic" for stocks, says BTIG's Dan Greenhaus. The most worrisome part, he says, is the increase has come before the demand of spring driving season arrives. Instead of worrying, why not go with the flow and buy the refiners?

    | Feb. 27, 2013, 3:04 PM | 21 Comments
  • Feb. 26, 2013, 9:06 AM

    More on HollyFrontier's (HFC) Q4 results: Gross margin per barrel jumped to 24% from 15.3% a year ago. EPS of $1.92 included $0.11/share in charges related to increased environmental accruals and partial write-off of a previously capitalized project. For 2012, costs rose to $6.29/bbl from $5.22 due to unplanned downtime and turnaround activity extending longer than planned. Shares -3% premarket.

    | Feb. 26, 2013, 9:06 AM | 4 Comments
  • Feb. 26, 2013, 7:34 AM
    HollyFrontier (HFC): Q4 EPS of $1.92 misses by $0.32. Revenue of $5.14B (+3.5% Y/Y) beats by $0.21B. (PR)
    | Feb. 26, 2013, 7:34 AM | 8 Comments
  • Feb. 26, 2013, 12:05 AM

    Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR

    | Feb. 26, 2013, 12:05 AM
  • Feb. 25, 2013, 5:30 PM

    Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR

    | Feb. 25, 2013, 5:30 PM
  • Feb. 21, 2013, 12:59 PM
    Shares of oil refiners have gushed higher over the past year, but so have earnings - meaning the stocks may still look cheap. "It's a circular formula," Oppenheimer's Fadel Gheit says: Belief that the refiner boom will end keeps investment low, which strains capacity and keeps the boom running. Analysts have underestimated refiner earnings for six straight quarters, and they still are. (also)
    | Feb. 21, 2013, 12:59 PM | 1 Comment
  • Feb. 21, 2013, 11:38 AM

    Until inventories increase on the U.S. east coast, refiners are likely to continue making handsome profits and their share prices likely will continue rising, Paul Ausick writes. Eastern refinery closures are contributing to a short supply of gasoline; the difference is made up by gasoline imports from Europe, where refiners are bidding up the Brent spot price to acquire crude to refine and send to New York.

    | Feb. 21, 2013, 11:38 AM | 9 Comments
  • Feb. 20, 2013, 6:21 PM
    HollyFrontier Corp (HFC) declares $0.30/share quarterly dividend, 50% increase from prior dividend of $0.20. Forward yield 2.23%. For shareholders of record Mar. 15. Payable Apr. 02. Ex-div date Mar. 13. The board declares special dividend of $0.50/share to the record holders on Mar. 05 and payable on Mar. 19. to the Shares +0.7% AH. (PR)
    | Feb. 20, 2013, 6:21 PM
  • Feb. 11, 2013, 3:26 PM

    Argus Research raises its price target for HollyFrontier (HFC +0.2%) to $68 from $48, believing HFC may benefit from high refiner margins longer than many anticipate due to strong U.S. onshore production growth. The firm thinks the company's management is very shareholder friendly, and it maintains a Buy rating on the shares.

    | Feb. 11, 2013, 3:26 PM | 1 Comment
  • Jan. 29, 2013, 2:27 PM

    Valero's (VLO +11.4%) "best quarter in years" is broadly lifting shares of other refiners: TSO +4.5%, PSX +4.6%, HFC +5.7%, WNR +5.1%, MPC +4.9%. VLO's switch away from imported light, sweet crude toward domestic sources was anticipated but came earlier than expected, and represents a milestone in a U.S. energy industry hoping for self-sufficiency.

    | Jan. 29, 2013, 2:27 PM | 6 Comments
  • Jan. 23, 2013, 5:49 PM

    Shares of refiners fared well today as U.S. crude prices fell after Enterprise Products Partners (EPD) said "unforeseen constraints" would cause it to reduce flows on its Seaway pipeline to 175K bbl/day. Capacity on the line had jumped past 400K bbl/day and helped to drive Nymex prices up by $12/bbl since December. VLO +2.1%, HFC +3.6%, TSO +3.3%, PSX +1.6%.

    | Jan. 23, 2013, 5:49 PM
  • Jan. 8, 2013, 6:15 PM

    Goldman Sachs' 23 best stocks for fat dividends and big buybacks: AIZ, UFS, VR, CCE, WYN, HFC, LOW, AMP, MPC, NSC, AXS, FITB, AMAT, PFE, JPM, DELL, RSG, PRU, BLK, CSX, GLW, TRV, CMCSA.

    | Jan. 8, 2013, 6:15 PM | 17 Comments
  • Nov. 29, 2012, 5:33 PM

    Holly Energy Partners (HEP) announces plans for a two-for-one split of its common units, a move it says reflects confidence in the growth of HEP that will provide enhanced trading liquidity and make units more accessible to a wider spectrum of potential investors.

    | Nov. 29, 2012, 5:33 PM
  • Nov. 9, 2012, 3:29 PM

    HollyFrontier (HFC +0.6%) is upgraded to Overweight with a $65 target price raised from $55 by Barclays, which sees support from the regular plus special dividend yield of 7% vs. the 1.6% peer average. The firm also sees further upside as the LLS/WTI differential could sustain above the pipeline economics level for several years compared to most in the market.

    | Nov. 9, 2012, 3:29 PM | 3 Comments
Company Description
HollyFrontier Corp. is an independent petroleum refiner and marketer which produces high-value light products such as gasoline, diesel fuel, jet fuel and other specialty products. The company operates its business through two segments: Refining & Holly Energy Partners. The The Refining segment... More
Industry: Oil & Gas Refining & Marketing
Country: United States