HF Sinclair
| HollyFrontier Corporation | |
| Company type | Public |
|---|---|
| Industry | Oil and Gas |
| Founded | 1947 |
| Headquarters | , |
Key people | George Damaris (CEO) |
| Products | Gasoline, Diesel, Jet Fuel, Asphalt and Other Specialty Products |
| Revenue |  $14.251 billion[1] |
4,054,249,000 United States dollar (2022)  | |
| $0.805 billion[1] | |
| Total assets | $10.692 billion[1] |
| Total equity | $5.371 billion[1] |
Number of employees | 3,522[1] |
| Website | hollyfrontier |
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 Damaris 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) - 45,000 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
- ^ a b c d e 2017 Annual Report
- ^ hollyfrontier.com
- ^ Plunkett, Jack W. (November 2007). PLunkett's Energy Industry Almanac. Plunkett Research. ISBN 978-1-59392-442-3.
- ^ 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]