HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company's El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt). The HEP segment involves all of the operations of HEP. HEP is a limited partnership, which owns and operates logistic assets.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Petroleum Refining
- Sub-Industry: Oil & Gas Refining & Marketing
- Symbol: NYSE:HFC
- CUSIP: 43610610
- Web: www.hollyfrontier.com
- Market Cap: $4.90354 billion
- Outstanding Shares: 177,279,000
- 50 Day Moving Avg: $28.19
- 200 Day Moving Avg: $27.61
- 52 Week Range: $22.63 - $34.78
Sales & Book Value:
- Trailing P/E Ratio: 35.10
- Foreward P/E Ratio: 12.75
- P/E Growth: 0.30
- Annual Revenue: $12.34 billion
- Price / Sales: 0.40
- Book Value: $26.30 per share
- Price / Book: 1.05
- Annual Dividend: $1.32
- Dividend Yield: 4.8%
- EBIDTA: $733.52 million
- Net Margins: 1.13%
- Return on Equity: 2.65%
- Return on Assets: 1.50%
- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 1.88%
- Quick Ratio: 0.90%
- Average Volume: 2.62 million shs.
- Beta: 1.24
- Short Ratio: 5.13
Frequently Asked Questions for HollyFrontier Corporation (NYSE:HFC)
What is HollyFrontier Corporation's stock symbol?
HollyFrontier Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "HFC."
How often does HollyFrontier Corporation pay dividends? What is the dividend yield for HollyFrontier Corporation?
HollyFrontier Corporation announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, August 23rd will be paid a dividend of $0.33 per share on Wednesday, September 20th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend is Monday, August 21st. View HollyFrontier Corporation's Dividend History.
How were HollyFrontier Corporation's earnings last quarter?
HollyFrontier Corporation (NYSE:HFC) issued its earnings results on Wednesday, August, 2nd. The company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.20. The company had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.24 billion. HollyFrontier Corporation had a net margin of 1.13% and a return on equity of 2.65%. The business's quarterly revenue was up 27.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.28 earnings per share. View HollyFrontier Corporation's Earnings History.
When will HollyFrontier Corporation make its next earnings announcement?
Where is HollyFrontier Corporation's stock going? Where will HollyFrontier Corporation's stock price be in 2017?
12 brokerages have issued 1 year target prices for HollyFrontier Corporation's stock. Their predictions range from $24.00 to $39.00. On average, they anticipate HollyFrontier Corporation's stock price to reach $30.40 in the next year. View Analyst Ratings for HollyFrontier Corporation.
Who are some of HollyFrontier Corporation's key competitors?
Some companies that are related to HollyFrontier Corporation include Braskem S.A. (BAK), Cimarex Energy Co (XEC), Targa Resources (TRGP), Marathon Oil Corporation (MRO), Cenovus Energy (CVE), Encana Corporation (ECA), Western Gas Equity Partners, LP (WGP), Diamondback Energy (FANG), YPF Sociedad Anonima (YPF), Buckeye Partners L.P. (BPL), Western Gas Partners, LP (WES), EQT GP Holdings, LP (EQGP), LUNDIN PETROLM (LNDNY), Parsley Energy (PE), Enable Midstream Partners, LP (ENBL), Enbridge Energy, L.P. (EEP), Antero Resources Corporation (AR) and EQT Midstream Partners, LP (EQM).
Who are HollyFrontier Corporation's key executives?
HollyFrontier Corporation's management team includes the folowing people:
- George John Damiris, President, Chief Executive Officer, Director
- Richard Lawrence Voliva III, Chief Financial Officer, Executive Vice President
- Denise Clark McWatters, Senior Vice President, General Counsel, Secretary
- Thomas G. Creery, Senior Vice President, Commercial
- James M. Stump, Senior Vice President - Refinery
- Michael C. Jennings, Non-Executive Chairman of the Board
- Douglas Y. Bech, Lead Independent Director
- Leldon E. Echols, Independent Director
- Richard Kevin Hardage, Independent Director
- Robert J. Kostelnik, Independent Director
Who owns HollyFrontier Corporation stock?
HollyFrontier Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.92%), Vanguard Group Inc. (8.94%), State Street Corp (4.62%), Dimensional Fund Advisors LP (3.05%), Principal Financial Group Inc. (2.37%) and Alliancebernstein L.P. (2.13%). Company insiders that own HollyFrontier Corporation stock include James H Lee and Michael Jennings. View Institutional Ownership Trends for HollyFrontier Corporation.
Who sold HollyFrontier Corporation stock? Who is selling HollyFrontier Corporation stock?
HollyFrontier Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, LSV Asset Management, New York State Common Retirement Fund, Tobam, Thrivent Financial For Lutherans, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc. and First Trust Advisors LP. Company insiders that have sold HollyFrontier Corporation stock in the last year include James H Lee and Michael Jennings. View Insider Buying and Selling for HollyFrontier Corporation.
Who bought HollyFrontier Corporation stock? Who is buying HollyFrontier Corporation stock?
HollyFrontier Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Kempen Capital Management N.V., Cornerstone Capital Management Holdings LLC., American Century Companies Inc., Janus Henderson Group PLC, JPMorgan Chase & Co., Bank of Nova Scotia and Bank of Montreal Can. View Insider Buying and Selling for HollyFrontier Corporation.
How do I buy HollyFrontier Corporation stock?
Shares of HollyFrontier Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is HollyFrontier Corporation's stock price today?
MarketBeat Community Rating for HollyFrontier Corporation (NYSE HFC)MarketBeat's community ratings are surveys of what our community members think about HollyFrontier Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of HollyFrontier Corporation stock can currently be purchased for approximately $27.66.
Consensus Ratings for HollyFrontier Corporation (NYSE:HFC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 5 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.08)|
|Consensus Price Target: ||$30.40 (9.91% upside)|
Analysts' Ratings History for HollyFrontier Corporation (NYSE:HFC)
(Data available from 8/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/9/2017||Barclays PLC||Reiterated Rating||Overweight||$37.00 -> $39.00||Low|
|8/9/2017||Royal Bank Of Canada||Reiterated Rating||Outperform||$36.00 -> $38.00||Low|
|8/2/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||Low|
|7/12/2017||Simmons||Reiterated Rating||Neutral||$27.00 -> $25.00||Low|
|5/25/2017||Piper Jaffray Companies||Reiterated Rating||Neutral||High|
|5/22/2017||US Capital Advisors||Reiterated Rating||Hold||Low|
|5/4/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$30.00 -> $33.00||High|
|2/27/2017||Tudor Pickering||Downgrade||Hold -> Sell||N/A|
|2/13/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Sell||$26.00||N/A|
|1/4/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$30.00 -> $38.00||N/A|
|10/19/2016||Howard Weil||Downgrade||Sector Outperform -> Sector Perform||$29.00 -> $24.00||N/A|
|9/1/2016||Morgan Stanley||Reiterated Rating||Sell||$26.00||N/A|
|6/20/2016||Wolfe Research||Downgrade||Outperform -> Market Perform||N/A|
|6/10/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$32.00 -> $28.00||N/A|
|3/28/2016||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||N/A|
|2/24/2016||Cowen and Company||Reiterated Rating||Market Perform||$45.00 -> $30.00||N/A|
|1/5/2016||Bank of America Corporation||Upgrade||Underperform -> Buy||$50.00||N/A|
|9/5/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||N/A|
Earnings History for HollyFrontier Corporation (NYSE:HFC)Earnings History by Quarter for HollyFrontier Corporation (NYSE HFC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.46||$0.66||$3.24 billion||$3.46 billion||View||Listen|
|5/3/2017||Q1 2017||($0.11)||($0.19)||$2.66 billion||$3.08 billion||View||Listen|
|2/22/2017||Q416||($0.07)||($0.06)||$2.62 billion||$2.96 billion||View||Listen|
|11/3/2016||Q316||$0.36||$0.38||$2.60 billion||$2.85 billion||View||N/A|
|8/3/2016||Q216||$0.32||$0.28||$2.35 billion||$2.71 billion||View||N/A|
|5/4/2016||Q116||$0.08||$0.12||$1.91 billion||$2.02 billion||View||N/A|
|2/24/2016||Q415||$0.30||$0.24||$2.59 billion||$2.94 billion||View||Listen|
|11/5/2015||Q315||$1.69||$1.82||$3.18 billion||$3.59 billion||View||N/A|
|8/5/2015||Q215||$1.30||$1.45||$2.99 billion||$3.70 billion||View||N/A|
|5/6/2015||Q115||$0.76||$1.16||$2.58 billion||$3.01 billion||View||N/A|
|2/25/2015||Q414||$0.31||$0.12||$3.65 billion||$4.28 billion||View||N/A|
|11/5/2014||Q314||$0.95||$0.88||$4.45 billion||$5.32 billion||View||N/A|
|8/6/2014||Q214||$1.00||$0.89||$4.73 billion||$5.37 billion||View||N/A|
|5/6/2014||Q114||$0.77||$0.76||$4.18 billion||$4.79 billion||View||N/A|
|2/25/2014||Q413||$0.20||$0.31||$3.73 billion||$4.83 billion||View||N/A|
|11/6/2013||Q313||$0.66||$0.41||$4.50 billion||$5.33 billion||View||N/A|
|8/7/2013||Q2 2013||$1.41||$1.27||$4.55 billion||$4.46 billion||View||N/A|
|5/7/2013||Q1 2013||$1.77||$1.63||$4.64 billion||$4.71 billion||View||N/A|
|2/26/2013||Q4 2012||$2.26||$2.03||$4.93 billion||$5.15 billion||View||N/A|
|11/7/2012||Q312||$2.37||$2.94||$5.30 billion||$5.20 billion||View||N/A|
Earnings Estimates for HollyFrontier Corporation (NYSE:HFC)
2017 EPS Consensus Estimate: $1.57
2018 EPS Consensus Estimate: $1.86
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for HollyFrontier Corporation (NYSE:HFC)
|Dividend Growth:||3.20% (3 Year Average)|
|Payout Ratio:||167.09% (Trailing 12 Months of Earnings) |
108.20% (Based on This Year's Estimates)
60.83% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for HollyFrontier Corporation (NYSE HFC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for HollyFrontier Corporation (NYSE:HFC)
Insider Ownership Percentage: 0.51%Insider Trades by Quarter for HollyFrontier Corporation (NYSE:HFC)
Institutional Ownership Percentage: 86.90%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/24/2017||Michael Jennings||Director||Sell||13,000||$28.40||$369,200.00|| |
|12/22/2016||Michael Jennings||Insider||Sell||6,529||$32.18||$210,103.22|| |
|12/20/2016||James H Lee||Director||Sell||2,730||$31.72||$86,595.60|| |
|12/5/2016||Michael Jennings||Insider||Sell||20,000||$30.05||$601,000.00|| |
|3/29/2016||Michael Jennings||Chairman||Sell||35,000||$35.53||$1,243,550.00|| |
|12/16/2015||Michael Jennings||CEO||Sell||100,000||$41.21||$4,121,000.00|| |
|8/12/2015||James H Lee||Director||Sell||10,000||$52.83||$528,300.00|| |
|6/29/2015||James M Stump||SVP||Sell||5,000||$41.39||$206,950.00|| |
|9/15/2014||Michael Jennings||CEO||Sell||30,000||$45.74||$1,372,200.00|| |
|8/22/2014||Denise Clark Mcwatters||SVP||Sell||9,662||$51.21||$494,791.02|| |
|8/11/2014||James M Stump||SVP||Sell||4,000||$47.83||$191,320.00|| |
|5/19/2014||James Stump||SVP||Sell||5,000||$50.05||$250,250.00|| |
|5/13/2014||George John Damiris||SVP||Sell||14,507||$50.49||$732,458.43|| |
|12/19/2013||David Lamp||COO||Sell||30,622||$47.80||$1,463,731.60|| |
|12/19/2013||Michael Rose||Director||Sell||22,198||$46.98||$1,042,862.04|| |
|12/17/2013||David Lamp||COO||Sell||16,000||$47.63||$762,080.00|| |
|12/17/2013||George John Damiris||SVP||Sell||23,657||$47.38||$1,120,868.66|| |
|12/9/2013||Doug Aron||CFO||Sell||20,624||$48.15||$993,045.60|| |
|8/16/2013||James Stump||SVP||Sell||17,000||$44.12||$750,040.00|| |
|6/13/2013||Robert G Mckenzie||Director||Buy||3,000||$45.30||$135,900.00|| |
|3/26/2013||Franklin Myers||Director||Buy||2,000||$51.28||$102,560.00|| |
|3/6/2013||Michael Jennings||CEO||Sell||100,000||$58.18||$5,818,000.00|| |
|11/27/2012||Michael Jennings||CEO||Sell||22,836||$44.65||$1,019,627.40|| |
|11/26/2012||Matthew P Clifton||Chairman||Sell||150,000||$45.03||$6,754,500.00|| |
Headline Trends for HollyFrontier Corporation (NYSE:HFC)
Latest Headlines for HollyFrontier Corporation (NYSE:HFC)
HollyFrontier Corporation (HFC) Chart for Sunday, August, 20, 2017