Friday, December 26, 2014
HollyFrontier: One of the Largest Independent Petroleum Refiners in US
Petroleum-based lubricants, waxes and gasoline are among the products that are offered by HollFrontier, one of the premier and one of the largest independent petroleum refiners in the United States.
There are three divisions that operate within the enterprise: Asphalt, Lubricants and Specialty Products and Holly Energy Partners. The latter provides logistical assets to various third parties. Their properties include tankage, terminals and pipelines. The Asphalt division provides modified asphalt products that are marketed in northern Mexico, New Mexico, Texas and in Arizona. Their lubricants and specialty products are handled by their Lubricants and Specialty Products unit. As of, the business operates 5 refineries: Woods Cross (Utah), El Dorado (Kansas), Cheyenne (Wyoming), Tulsa (Oklahoma) and Navajo (New Mexico).
The business is a component of the S&P 400 and the Russell 3000 Indices. It is also listed as part of the Fortune 500 companies. Headquartered in Newport Beach, California, HollyFrontier is publicly traded on the New York Stock Exchange.