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HollyFrontier (HFC) Q1 2018 Results - Earnings Call Transcript

May 02, 2018 12:20 PM ETHF Sinclair Corporation (DINO)
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HollyFrontier Corp. (HFC) Q1 2018 Earnings Call May 2, 2018 8:30 AM ET


Jared Harding - HollyFrontier Corp.

George J. Damiris - HollyFrontier Corp.

James M. Stump - HollyFrontier Corp.

Thomas G. Creery - HollyFrontier Corp.

Richard Lawrence Voliva - HollyFrontier Corp.

Doug Leggate - Bank of America Merrill Lynch


Brad Heffern - RBC Capital Markets LLC

Manav Gupta - Credit Suisse Securities (USA) LLC

Roger D. Read - Wells Fargo Securities LLC

Ryan Todd - Deutsche Bank Securities, Inc.

Paul Cheng - Barclays Capital, Inc.

Neil Mehta - Goldman Sachs & Co. LLC

Phil M. Gresh - JPMorgan Securities LLC

Matthew Blair - Tudor, Pickering, Holt & Co. Securities, Inc.


Welcome to HollyFrontier's First Quarter 2018 Conference Call and Webcast. Hosting the call today from HollyFrontier is George Damiris, President and Chief Executive Officer. He is joined by Rich Voliva, Executive Vice President and Chief Financial Officer; Jim Stump, Senior Vice President of Refinery Operations; and Tom Creery, President, Refining & Marketing.

At this time, all participants have been placed in a listen-only mode and the floor will be opened for your questions following the presentation. Please note that this conference is being recorded.

It is now my pleasure to turn the floor over to Jared Harding, Investor Relations. Jared, you may begin.

Jared Harding - HollyFrontier Corp.

Thank you, Luke. Good morning, everyone, and welcome to HollyFrontier's first quarter 2018 earnings call. I am Jared Harding with Investor Relations for HollyFrontier. This morning we issued a press release announcing results for the quarter ending March 31, 2018. If you'd like a copy of the press release, you may find one on our website at hollyfrontier.com.

Before we proceed with prepared remarks, please note the Safe Harbor disclosure statement in today's press release. In summary, it says statements made

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