|Bid||50.94 x 900|
|Ask||53.00 x 1000|
|Day's Range||50.56 - 51.33|
|52 Week Range||37.73 - 58.88|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||10.20|
|Earnings Date||Feb 18, 2020 - Feb 24, 2020|
|Forward Dividend & Yield||1.40 (2.70%)|
|1y Target Est||59.43|
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of HollyFrontier Corporation (NYSE:HFC) based on that data. […]
EIA's Weekly Petroleum Status Report shows a much bigger-than-expected drawdown in oil inventories, ending several consecutive weeks of builds.
STOCKSTOWATCHTODAY BLOG Into the Red. The three major U.S. stock market indexes fell after the latest manufacturing data came in worse than expected and showed that the sector contracted for the fourth straight month.
Petrobras (PBR) is committed to investing in deepwater and ultra-deepwater assets, especially pre-salt, which is likely to generate maximum returns.
While HollyFrontier (HFC) shares have run up considerably in the past six months, there is still time to add the stock to your portfolio as it looks promising and is poised to carry the momentum ahead.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ConocoPhillips (COP) unveiled a 10-year plan that targets, among others, $50 billion in free cash flow. Meanwhile, HollyFrontier (HFC) raised its dividend by 6%.
The energy sector consists of stocks related to the production and supply of energy around the world. The sector includes upstream firms that are involved in the exploration and production of oil or gas reserves, such as EOG Resources Inc. (EOG). Also in the sector are downstream companies that refine and process oil and gas products for delivery to consumers, including HollyFrontier Corp. (HFC).
U.S. refiner HollyFrontier Corp said on Monday it would build a biodiesel plant in New Mexico to lower costs related to blending renewable fuels and announced a $1 billion share buyback program. Oil companies, including refiners, have to blend increasing amounts of renewable fuels with their petroleum products or purchase credits, known as Renewable Identification Numbers (RINs), to meet U.S. biofuel requirements. HollyFrontier plans to build the plant at its Artesia refinery to process soybean oil and other feedstocks into biodiesel, with production capacity of about 125 million gallons a year.
HollyFrontier Corp. said Monday it has set a new $1 billion share repurchase program, to replace the existing authorization that had $281 million remaining. Based on Friday's stock closing price of $52.54, that would allow the petroleum refiner to buy back up to 12% of the shares outstanding. The company said it plans to build a new renewable diesel unit at its Artesia refinery, with a production capacity of 125 million gallons a year and an estimated capital cost of $350 million. The RDU will allow HollyFrontier to process soybean oil and other renewable feedstocks into renewable diesel. The RDU, which will be funded with cash on hand, is expected to be completed in the first quarter of 2022. Last week, the company said it raised its quarterly dividend by 6.1% to 35 cents a share, from 33 cents. The company expects to review the dividend annually over the next three years with a target to grow the dividend by 5% a year. The stock, which was still inactive in premarket trading, has rallied 18.5% over the past three months, while the S&P 500 has gained 8.0%.
DALLAS-- -- Renewable Diesel Unit Growth Project Regular Cash Dividend Growth Target New $1 Billion HFC Share Repurchase Authorization HollyFrontier Corporation today announced a series of strategic actions targeting growth, risk management and shareholder returns: a new renewable diesel unit project, regular dividend annual growth target and a new HollyFrontier share repurchase authorization. Commenting ...
Petroleum refiner HollyFrontier Corp. has appointed a successor to the company's current leader George Damiris.
U.S. refiner HollyFrontier Corp has tapped former Chief Executive Officer Michael Jennings to replace George Damiris, who will retire at the end of the year. Jennings, 54, was the chief executive of Frontier Oil Corp from 2009 until its merger with Holly in July 2011 and became the first chief of the combined company. Damiris joined HollyFrontier in January 2016 after an 18-year career with Koch Industries, where he managed various refining, chemical, trading and financial businesses.