Seeking Alpha

HollyFrontier Corp. (HFC)

  • Feb. 28, 2012, 7:34 AM
    HollyFrontier (HFC): Q4 EPS of $1.06 misses by $0.34. Revenue of $4.97B (+125% Y/Y) beats by $670M. (PR)
    | Comment!
  • Feb. 28, 2012, 12:05 AM
    Notable earnings before Tuesday's open: ARCC, ARIA, AZO, BMO, CRZO, CVC, DPZ, ECL, FE, FIG, HFC, NRG, RDC, SDRL, SRE, TECD, THC, VPHM, WNR, XYL
    | Comment!
  • Feb. 27, 2012, 5:30 PM
    Notable earnings before Tuesday's open: ARCC, ARIA, AZO, BMO, CRZO, CVC, DPZ, ECL, FE, FIG, HFC, NRG, RDC, SDRL, SRE, TECD, THC, VPHM, WNR, XYL
    | Comment!
  • Feb. 16, 2012, 5:56 PM
    Carl Icahn says he wants to put CVR Energy’s (CVI) refineries up for sale, and Oppenheimer thinks Marathon Petroleum (MPC) might be the best fit. MPC was sitting on $3B in cash at the end of Q4 and will see its capex fall as it completes large projects later this year. Icahn himself lists MPC along with WNR, HFC, TSO, VLO and COP as potential buyers.
    | Comment!
  • Feb. 14, 2012, 11:27 AM
    HollyFrontier (HFC +4%) is upgraded to Conviction Buy with a target price raised to $49 from $36 at Goldman Sachs, which cites its "constructive Mid-Continent refining view and a best-in-class, pure-play Mid-Continent asset base," a more diverse Cushing footprint, a commitment to returning excess cash to shareholders, and superior capital project and re-investment opportunities.
    | Comment!
  • Jan. 9, 2012, 2:42 PM
    U.S. refining margins are worse than previously thought, Simmons Co. says in lowering its Q4 earnings forecasts for the industry. The firm projects Marathon Petroleum's (MPC -3.6%) EPS at zero, down from its earlier estimate of $0.70, and Holly Frontier (HFC -3.2%) will post a $1.20 gain, down from $1.26. Other refiners, including Valero (VLO -3.3%) and Delek (DK -4.7%), also are lower.
    | Comment!
  • Jan. 5, 2012, 6:56 AM
    HollyFrontier (HFC) announces a plan to expand a Utah refinery in order to increase its production capacity to an estimated 45K bpd from 31K by late 2014. The firm says it signed asset agreements with Western Refining (WNR) and Newfield Exploration (NFX) to help support the project.
    | Comment!
  • Jan. 3, 2012, 7:38 PM
    HollyFrontier (HFC) unveils a new $350M stock buyback, replacing its earlier $100M repurchase program announced last September. The move is just the latest in a series of shareholder friendly gestures in recent months by the refiner. Last November it raised its quarterly dividend by 14%, and issued its second special dividend of that year.
    | Comment!
  • Dec. 16, 2011, 1:45 PM
    Citigroup initiates coverage on HollyFrontier (HFC +2.9%) with a resounding Buy rating and $25 price target. Analysts with the firm say the refiner is well-positioned in the interior of the U.S. to take advantage of excess supply of feedstocks and short supply petroleum products. Anticipated special dividends from HFC of between $2-$4 are also drawing notice.
    | Comment!
  • Dec. 9, 2011, 5:09 PM
    Credit Suisse screens top-performing U.S. large-cap growth mutual funds to find the most frequently owned stocks that are actually small- or mid-caps: TRW, DECK, HFC, AMG, KBR. Growth-oriented names with greater EPS and revenue growth expectations than their Russell 1000 counterparts: TEN, KOG, ROSE, AH, SLXP, URI, ODFL.
    | Comment!
  • Dec. 2, 2011, 1:57 PM
    HollyFrontier (HFC +5.7%) gets a bump higher after being upgraded to Buy on valuation at BofA Merrill Lynch, citing improving industry fundamentals.
    | Comment!
  • Dec. 1, 2011, 10:57 AM
    Holly Energy Partners (HEP -4.3%), a pipeline subsidiary of HollyFrontier (HFC +1%), dips after pricing its secondary offering of 1.5 million common units at $53.50, a 4% discount to yesterday's close. The company plans use the proceeds to pay a portion of the principal of two promissory notes issued to other HollyFrontier units.
    | Comment!
  • Nov. 16, 2011, 4:20 PM
    HollyFrontier (HFC -10%), hammered today along with many other oil refiners, is announcing a one-time cash dividend of $0.50/share, and slightly boosting its quarterly dividend to $0.10/share. HFC +1.7% AH.
    | Comment!
  • Nov. 16, 2011, 10:23 AM
    Refiners are getting slammed as the Conoco (COP) deal will squeeze profit margins by eliminating some of the glut of cheap oil at Cushing. Phillip Dunham notes the rally in refiners was "all about the Brent-WTI spread, not organic growth. Nice job with late summer upgrades, sell side." Valero VLO -5.7%, Western Refining WNR -8.5%, Marathon MPC -6.1%.
  • Nov. 8, 2011, 9:05 AM
    Premarket gainers: MSSR +28%. DYN +20%. YPF +7%. BCRX +9%. NBG +6%. ING +6%. DRYS +6%. SIG +6%. FRO +6%. LYG +5%. RAX +5%. RENN +5%. GTAT +4%. PLCM +4%. NVO +3%. ASML +3%. ATVI +3%. DNDN +3%. AMRN +3%. HFC +3%. JEF +3%. EK +3%.
    Losers: TRGT -55%. AMLN -9%. JRCC -7%. ALLT -7%. FOSL -7%. LGCY -5%. TGI -5%. PXD -4%. ETP -4%. INHX -3%. ALU -3%. URBN -3%. AZN -3%.
    | Comment!
  • Nov. 8, 2011, 7:17 AM
    HollyFrontier (HFC): Q3 EPS of $2.48 beats by $0.16. Revenue of $5.17B (+147.4% Y/Y) beats by $610M. (PR)
    | 1 Comment
Visit Seeking Alpha's
HFC vs. ETF Alternatives
Company Description
HollyFrontier Corp is an independent petroleum refiner. It produces high-value light products such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It operates in two segments; Refining and HEP.