for 2600/bbl + earlier the pembrook refinery for 2400/bbl. The MUR refinery is 125K bbl/day. The HOC buy was 15.5K/bbls for FTO.
The run to 40 is not only delayed we may see the run to 30 as the stock is trading along with the overall market. Profits, revs, long term prospects, balance sheets, mean nothing in a market like this one. The market went down yesterday on better than expected results in the ISM, autos + retail, based on an expected poor jobs report today. So when the poor jobs report hit, the market tanked on what everyone expected. The jobs report didn't make all companies just lose 5% of their gains. Its a self fullfilling prophecy + several news letters I get all said to get out in Sept and go short the market. They are on track to being right on the money.
On a bright note, HFC is the best performer today in the sector, yea, still down though. One advantage to the split, instead of seeing the stock drop 2.50, it now just drops 1.25, gives you the feeling that it isn't so bad.
Rather than respond, was going to put something hasty here but decided against it, I'll just put you on ignore. I was never making any direct comparisons just stating what was happening in the sector and some potential ideas as to HFC stock movement. You can't see the forest from the trees so why bother. You were the obnoxious poster that attacked me some time ago. IGNORE. You must have married roland, or for that matter, you maybe him just changed sex.
When Holly Corp. merged with Frontier Oil to form HollyFrontier Corp. (NYSE: HFC) earlier this year, Holly paid $2.9 billion for refining capacity of 187,000 barrels/day, or about $15,500/barrel of capacity.