% | $
Quotes you view appear here for quick access.

HollyFrontier Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mario_themario mario_themario Feb 27, 2012 11:33 AM Flag

    any reasons for weakness? just curious

    Well, WNR is up today and HFC is down again now down over 5% from Thur high heading into earnings tomorrow. WNR has a history of missing and HFC the reverse but WNR is performing better for some inexplicable reason. Hanging in for .50/share when the stock is now down 1.70/share in 2 days? That's another reason I don't like the special. WNR is barely paying any divvy + is down only 2.4% in the same time frame as HFC so what good is that payout. They/we would have been better off if they kept the cash. Mr market discounted the divvy almost the moment they announced it.
    The higher price of crude is defintely weighing on the sector as a whole and ignoring where refiner's are sourcing their crude. The cheapest gas prices are in CO right now.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
35.49-0.11(-0.31%)May 2 4:02 PMEDT