|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||63.16 - 64.30|
|52 Week Range||42.42 - 83.28|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||8.11|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.32 (2.04%)|
|1y Target Est||74.57|
To gauge the current quarter’s refining margin environment, let’s consider the refining margin indicators published by HollyFrontier (HFC) and Valero Energy (VLO).
In this article, we’ll compare the gross refining margins of leading American downstream companies. HollyFrontier (HFC) scored the highest gross refining margin in the third quarter, followed by Marathon Petroleum (MPC), Phillips 66 (PSX), and Valero Energy (VLO).
The S&P 500 closed at 2722.18 yesterday, down 0.15%, led lower by Amarin Corporation (NASDAQ:AMRN) and Apple (NASDAQ:AAPL). Rather, it’s stock charts of HollyFrontier (NYSE:HFC), PPL (NYSE:PPL) and Home Depot (NYSE:HD) that hold the most promise, as they’ve all formed some familiar setups. It has probably got more to do with the brewing weakness with the whole energy sector than with HollyFrontier in particular.
Sonneborn's asset base complements HollyFrontier's (HFC) Lubricants and Specialty unit, and is in turn expected to make it a leading global supplier of specialty products post the former's buyout.
In the previous article, we saw that HollyFrontier (HFC), Valero Energy (VLO), and Phillips 66 (PSX) had surpassed their earnings estimates in the third quarter. However, Marathon Petroleum (MPC) missed its earnings estimate.
The private-equity firm acquired the Parsippany, N.J., company, which supplies white oils, petrolatums and waxes, in 2012.
U.S. oil refiner HollyFrontier Corp said on Tuesday it would buy privately held specialty hydrocarbons maker Sonneborn for $655 million in cash. Sonneborn, which supplies white oils, waxes and petrolatums ...
HollyFrontier Corporation (HFC) ("HollyFrontier") today announced that its subsidiary has entered into a definitive agreement to acquire Sonneborn US Holdings Inc. and Sonneborn Coӧperatief U.A. (collectively “Sonneborn”) for $655 million, including working capital with an estimated value of $72 million. HollyFrontier expects to fund the transaction with cash on hand, and anticipates the acquisition will be immediately accretive to HollyFrontier’s earnings per share, cash flow and EBITDA margins. For more than 100 years, Sonneborn has been setting global industry standards by offering specialty products as one of the world’s largest dedicated suppliers of white oils, petrolatums and waxes.
NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
HollyFrontier Corporation (HFC) ("HollyFrontier") announced today that its Board of Directors declared a regular quarterly dividend in the amount of $0.33 per share, payable on December 12, 2018 to holders of record of common stock on November 21, 2018. HollyFrontier Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier operates through its subsidiaries a 135,000 barrels per stream day ("bpsd") refinery located in El Dorado, Kansas, a 125,000 bpsd refinery in Tulsa, Oklahoma, a 100,000 bpsd refinery located in Artesia, New Mexico, a 52,000 bpsd refinery located in Cheyenne, Wyoming and a 45,000 bpsd refinery in Woods Cross, Utah.
On October 26–November 2, downstream stock PBF Energy (PBF) gained the most on our list of energy stocks. In fact, the VanEck Vectors Oil Refiners ETF (CRAK) rose 3.1%—the most among major energy subsector ETFs. On October 31, PBF Energy announced its third-quarter earnings results. The company reported an adjusted net income of $1.13 per share—compared to analysts’ consensus estimates of $1.03 per share.
In this series, we have examined Marathon Petroleum’s (MPC) third-quarter segmental earnings. Now, we’ll examine analysts’ recommendations for Marathon Petroleum after its third-quarter earnings. Since Marathon Petroleum’s third-quarter earnings, the stock has been rated by 17 analysts.
Marathon Petroleum (MPC) posted its third-quarter earnings on November 1. The company missed the earnings estimate. To learn more, read Marathon Petroleum’s Q3 Earnings Fell, Missed Estimates. In this part, we’ll discuss Marathon Petroleum’s earnings on the segmental level.
In the previous part of this series, we studied analyst ratings for HollyFrontier (HFC). In this part, we’ll look at changes in implied volatility in HollyFrontier. We’ll also estimate HollyFrontier’s stock price range for the nine-day period ending November 9.
Oil refiner HollyFrontier's management announced a large share repurchase program this past quarter that might have more investors interested in its relatively cheap stock.
In this series, we’ve examined HollyFrontier’s (HFC) refining margin performance for the third quarter. We also discussed HollyFrontier’s stock performance after its earnings release on October 31. Now, we’ll look at the analyst ratings for HollyFrontier.
Marathon Petroleum (MPC) posted its third-quarter results on November 1. Let’s examine Marathon Petroleum’s third-quarter performance compared to the estimates.
HollyFrontier (HFC) announced its results on October 31 before the market opened. The stock opened at $66.5 per share, above its previous day’s close of $63.3. This was likely because HollyFrontier’s Q3 2018 earnings rose and surpassed analysts’ estimate. The stock saw highs of $69.2 and lows of $66.0 during the day. HollyFrontier stock closed the day at $67.4, around 6.6% higher than the previous day’s close, which was in line with its peers’ performances during the day. Broader equity markets rose on the day.
HollyFrontier (HFC) posted its third-quarter results on October 31. The company surpassed Wall Street analysts’ estimate, which we discussed in HollyFrontier’s Q3 Earnings Surge, Refining Margin Expands. Now, let’s look at HollyFrontier’s refining margin in detail.