CVR Refining and HollyFrontier Corp have cut their workforces in recent weeks, according to three sources, as demand falls due to the ongoing coronavirus pandemic. Independent U.S. refiner HollyFrontier has removed contract workers from its refineries and all significant capital activity has stopped because of the coronavirus pandemic, Chief Executive Michael Jennings said in a webcast on Tuesday. U.S. refiner HollyFrontier Corp. said on Monday it would build a renewable diesel unit (RDU) and announced a $1 billion share buyback program. HollyFrontier Corp has agreed to pay its ex-general counsel nearly $2.2 million in severance compensation, the petroleum company disclosed in a filing with the U.S. Securities and Exchange Commission on Monday. © Copyright 2020 Morningstar, Inc. All rights reserved. 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. Terms of Service apply.

U.S. refiner HollyFrontier Corp on Friday named Michael Jennings as chief executive officer, effective Jan. 1.

Mizuho analyst Silvio Micheloto lowered the firm's price target on HollyFrontier to $25 from $34 and keeps a Neutral rating on the shares. See here for a complete list of exchanges and delays. U.S. refiner HollyFrontier Corp reported a 20.7% fall in quarterly adjusted profit on Thursday, as a shortage of low-cost heavy crude hit its refining margins. The order has a value of approximately SEK 130M and is booked in the food systems unit of the Food & Water Division. The White House is mulling at least $300M in cash assistance to U.S. oil refiners that are denied exemptions to U.S. biofuel blending laws for the 2019 compliance year, Reuters' Stephanie Kelly and Jarrett Renshaw report, citing two sources familiar with the matter. This site is protected by reCAPTCHA and the Google All quotes delayed a minimum of 15 minutes. With Refining margins tracking toward his bear case for the second half of 2020 and a view that additional refinery closures will likely be required, the analyst further cut his 2020-2022 estimates below consensus.

As previously reported, Morgan Stanley analyst Benny Wong downgraded HollyFrontier to Underweight from Equal Weight with a price target of $32, down from $40, as he also lowered his U.S. The Refining segment includes the operations of the Company's El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt). HollyFrontier Corp's profit fell short of Wall Street expectations for the first time in six quarters on Thursday, as the U.S. refiner was pinched by higher expenses from heavy maintenance and a slump in refining margins.

Goldman Sachs analyst Neil Mehta upgraded HollyFrontier to Neutral from Sell with a $26 price target following what the analyst calls "strong" Q2 results. Fund performance data provided by Lipper. Hallescher FC - Nachrichten aus Sachsen-Anhalt, Mitteldeutschland und der Welt The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). Quote and financial data from Refinitiv.

The reduced target is based on lower crack spreads in refining and lower anticipated earnings in the lubricants business. HFC HollyFrontier $24.59 / -1.36 (-5.24%). HollyFrontier Corp posted a quarterly loss on Thursday compared with a profit last year, as the U.S. refiner grappled with a drop in demand for its products due to the coronavirus pandemic. President, Chief Executive Officer, Director, Chief Financial Officer, Executive Vice President, Chief Operating Officer, Executive Vice President, Senior Vice President, General Counsel, Secretary.

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. Reports Q2 revenue $2.06B, consensus $2.03B. HFC Stock Summary. The order comprises Alfa Laval high speed separators and various compact heat exchangers along with other equipment, engineering and services to provide a pre-treatment processing plant to remove contaminants from fats and oil feedstock prior to the conversion to renewable diesel fuel.

06/04/20 HollyFrontier to cut cash compensation for non-employee directors by 10% 06/01/20 HollyFrontier sees 2020 capital spending $525M-$625M HollyFrontier Corporation (NYSE: HFC) (the "Company") plans to announce results for its quarter ending September 30, 2020 on November 5, 2020, before the opening of trading on the NYSE. All quotes delayed a minimum of 15 minutes. Read current news for HFC. JPMorgan analyst Phil Gresh lowered the firm's price target on HollyFrontier to $28 from $34 and keeps a Neutral rating on the shares. Publicly traded companies in the space include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). U.S. refiner HollyFrontier Corp posted a smaller-than-expected loss on Thursday as demand for its products picked up in the quarter due to easing of coronavirus-led travel restrictions. HEP is a limited partnership, which owns and operates logistic assets. The analyst cut estimates and price targets in the refiners space to reflect weaker crack spreads and slower demand recovery than previously anticipated. Delivery of equipment is scheduled for 2021. HollyFrontier Corporation is an independent petroleum refiner. Mizuho analyst Paul Sankey last night downgraded HollyFrontier to Neutral from Buy with a price target of $34, down from $42. Q3 2020 HollyFrontier Corp Earnings Release, HollyFrontier posts smaller-than-feared loss as demand picks up, HollyFrontier to run refineries at up to 81% of capacity in third quarter, CVR Refining, HollyFrontier cut jobs at U.S. refineries, HollyFrontier to ramp up production at El Dorado refinery: source, HollyFrontier to convert oil refinery into renewable diesel plant, HollyFrontier to convert petroleum refinery into renewable diesel plant, HollyFrontier cuts production at refineries by 30%: company, HollyFrontier contract workers no longer in refineries: CEO, Refiner HollyFrontier profit falls short of view, squeezed by higher costs, Refiner HollyFrontier quarterly profit falls 80%, IN BRIEF: HollyFrontier to pay ex-top lawyer $2 mln plus in severance, HollyFrontier to build biodiesel plant, buy back $1 billion in shares, HollyFrontier to build renewable diesel unit, buy back shares, Refiner HollyFrontier to bring back Jennings as CEO, HollyFrontier names Michael Jennings as CEO, HollyFrontier refineries to run at up to 76% of combined capacity in fourth-quarter 2020, HollyFrontier reports 21% drop in quarterly adjusted profit, HollyFrontier adjusted profit rises 44% on higher margins, Heavy rains limit operations at Oklahoma refinery, oil pipeline.

Privacy Policy and

Mizuho analyst Paul Sankey downgraded HollyFrontier to Neutral from Buy with a $34 price target. As of on the New York Stock Exchange ∙ Minimum 15 minute delay, HollyFrontier Corporation Announces Pricing Of Senior Notes Offering, Hollyfrontier Says About 200 Employees Expected To Be Impacted By Plan At Cheyenne, Wyoming Refinery. While Mehta is still concerned about narrow Brent-WTI spreads, the risks are better reflected in valuation following the stock's 22% pullback since June 11, the analyst argues. U.S. refiner HollyFrontier Corp reported a 43.8% rise in quarterly adjusted profit, helped by higher gasoline and diesel margins. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. U.S. refiner HollyFrontier Corp reported a 20.7% fall in quarterly adjusted profit on Thursday, as a shortage of low-cost heavy crude hit its refining margins.

Although the Trump administration has not yet ruled on the waivers, it has made an estimate for the amount of funds it would provide in relief based on the number of facilities that applied for the exemptions but may not be considered ineligible due to a recent court ruling, the authors say. The analyst sees lower upside potential versus peers and lower cash return as a result of the higher spending in 2021. Heavy rains and storms slamming the central United States forced the closure of a HollyFrontier Corp refinery in Oklahoma and a portion of Tallgrass Energy LP's crude oil pipeline on Thursday. The HEP segment involves all of the operations of HEP. U.S. refiner HollyFrontier Corp reported an 80% fall in adjusted quarterly profit on Thursday, hurt by lower refining margins and heavy planned refinery maintenance.

HFC's price/sales ratio is 0.22; that's higher than the P/S ratio of just 7.36% of US stocks.

Terms of Use Privacy Policy Disclosures Member User Agreement Corrections Cookies, Here are Wednesday's biggest losers in the stock market as 97% of S&P 500 companies dropped, Here are Wednesday's biggest losers in the -2-, Here are the biggest winners in a solid third quarter for U.S. stocks, HollyFrontier Corporation Announces Appointment of Manny Fernandez to Its Board of Directors, These cheap stocks could see huge gains during a vaccine-driven economic rebound, HollyFrontier Corporation Third Quarter 2020 Earnings Release and Conference Webcast, These cheap stocks could see huge gains during -2-.

.

Comdirect Musterdepot Löschen, Shaun Das Schaf Shirley, Rente Mit Dividende Podcast, Dem Horizont So Nah Ende, Parken Frankfurt Westend, Volksbank Praktikum Student, Nils Winter Darsteller, Adidas Dividende 2020, Tenza Dresden Preise, Historische Gebäude Frankfurt, Indizes Definition Chemie, Countdown Copenhagen 2 Kritik, Hochschule Sdi München, Schwimmen Französisch, Entwicklungsstufe Piaget, Alter Stadtplan Plauen, Hochschule Für Technik Und Wirtschaft Dresden, Börse München Kurse, Tu Englisch Sprachtest, Bayern Dortmund 5 0, Clarissa Stadler Instagram, Uta Kargel Ausstieg, E Nomos Library, Frankfurt Altstadt, Indoor Aktivitäten Nrw, Msci World Etf, Geldpolitische Instrumente Der Ezb Hausarbeit, Bensheim Auerbach Plz, Sendung Mit Der Maus Spielzeug, Kanada Französisch Stadt, Anleihe Kaufen, Ich Bin Immer Für Dich Da Streamcloud, Vfb Auerbach Spieler, Lithium Corp, Tesla Stock Usd, Lynx Ibis, Alexander-klaus Stecher Instagram, Marseille Jacke Hellblau, Augsburg Stadion Ausbau, Dennstein Und Schwarz Kritik, Aktienanleihe Vs Aktie, Wall Street Fakten, Architektur Jobs, Prämiensparen Falsche Zinsen, Sau Uni Paderborn, Msv Duisburg Tabelle, Rosamunde Pilcher: Zauber Der Liebe, Teil 2, Aktiendepot Vergleich,