HollyFrontier
| HollyFrontier Corporation | |
| Public | |
| Traded as | NYSE: HFC S&P 400 Component |
| Industry | Oil and Gas |
| Founded | 1947 |
| Headquarters | Dallas, Texas, United States |
|
Key people
|
George Damiris (CEO) |
| Products | Gasoline, Diesel, Jet Fuel, Asphalt and Other Specialty Products |
 $1.727 billion[1] |
|
| Total assets | $10.328 billion[1] |
| Total equity | $6.642 billion[1] |
|
Number of employees
|
2,534[1] |
| Website | www.hollyfrontier.com |
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.[2] George Damiris currently holds the title as CEO. The company has primary refining operations in Kansas, New Mexico, Oklahoma, Utah, and Wyoming[3]
History
HollyFrontier Corporation was originally incorporated under the name General Appliance Corporation in 1947 and changed its name to Holly Corporation in 1952.[4] 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.[5]
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.[6][7]
References
- ↑ 1.0 1.1 1.2 1.3 2012 Annual Report
- ↑ hollyfrontier.com
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ HollyFrontier Corporation company history
- ↑ Tulsa World. "Holly to buy Sinclair refinery." October 21, 2009. Accessed February 8, 2011.[1]
- ↑ Forbes. "Holly-Frontier Refining Merger: It Sure Took Long Enough." February 22, 2011. Accessed July 1, 2011. [2]
- ↑ Official Press Release. "HollyFrontier Corporation completes merger" July 1, 2011 [3]
- Lua error in package.lua at line 80: module 'strict' not found.
External links
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- Pages with broken file links
- Oil companies of the United States
- Oil pipeline companies
- Petroleum in Texas
- Companies based in Dallas, Texas
- Energy companies established in 1947
- Non-renewable resource companies established in 1947
- 1947 establishments in Texas
- Companies listed on the New York Stock Exchange
- Petroleum company stubs
- United States energy company stubs
