NYSE:HFC

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Executive Summary

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. More Details


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has HollyFrontier's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HFC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.1%

HFC

0.7%

US Oil and Gas

-0.8%

US Market


1 Year Return

-65.3%

HFC

-45.5%

US Oil and Gas

18.0%

US Market

Return vs Industry: HFC underperformed the US Oil and Gas industry which returned -47.5% over the past year.

Return vs Market: HFC underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

HFCIndustryMarket
7 Day-1.1%0.7%-0.8%
30 Day-0.5%2.3%6.8%
90 Day-26.1%-14.6%8.9%
1 Year-63.9%-65.3%-42.2%-45.5%20.7%18.0%
3 Year-39.9%-45.1%-45.3%-52.5%41.5%32.1%
5 Year-51.4%-59.3%-42.1%-53.3%84.6%63.8%

Price Volatility Vs. Market

How volatile is HollyFrontier's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is HollyFrontier undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HFC ($19.93) is trading below our estimate of fair value ($57.1)

Significantly Below Fair Value: HFC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HFC is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: HFC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HFC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HFC is good value based on its PB Ratio (0.6x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is HollyFrontier forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

67.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HFC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: HFC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HFC's is expected to become profitable in the next 3 years.

Revenue vs Market: HFC's revenue (6.9% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: HFC's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HFC's Return on Equity is forecast to be low in 3 years time (11.9%).


Next Steps

Past Performance

How has HollyFrontier performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HFC is currently unprofitable.

Growing Profit Margin: HFC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HFC is unprofitable, but has reduced losses over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare HFC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HFC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-38%).


Return on Equity

High ROE: HFC has a negative Return on Equity (-1.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is HollyFrontier's financial position?


Financial Position Analysis

Short Term Liabilities: HFC's short term assets ($2.8B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: HFC's short term assets ($2.8B) do not cover its long term liabilities ($3.8B).


Debt to Equity History and Analysis

Debt Level: HFC's debt to equity ratio (42.5%) is considered high.

Reducing Debt: HFC's debt to equity ratio has increased from 15.2% to 42.5% over the past 5 years.

Debt Coverage: HFC's debt is well covered by operating cash flow (35.3%).

Interest Coverage: HFC is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is HollyFrontier current dividend yield, its reliability and sustainability?

7.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HFC's dividend (7.02%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: HFC's dividend (7.02%) is in the top 25% of dividend payers in the US market (4.67%)


Stability and Growth of Payments

Stable Dividend: HFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: HFC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: HFC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: HFC's dividends in 3 years are forecast to be well covered by earnings (42.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Mike Jennings (54 yo)

0.75

Tenure

US$6,477,413

Compensation

Mr. Michael C. Jennings, also known as Mike, serves as Chief Executive Officer and President of HollyFrontier Corporation since January 1, 2020. Mr. Jennings serves as Chief Executive Officer at Holly Logi ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD6.48M) is about average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Jennings
CEO, President & Director0.75yrUS$6.48m0.012%
$ 376.6k
Richard Voliva
Executive VP & CFO3.58yrsUS$3.10m0.041%
$ 1.3m
Thomas Creery
Senior Vice President of Commercial4.75yrsUS$2.05m0.054%
$ 1.7m
Timothy Go
Executive VP & COO0.33yrno datano data
Indira Agarwal
VP, Controller & Chief Accounting Officer0.33yrno data0.0022%
$ 69.6k
Craig Biery
Vice President of Investor Relationsno datano datano data
Vaishali Bhatia
Senior VP0.92yrno data0.0065%
$ 206.9k
Paige Kester
Vice President of Aquisitions & Corporate Development7.75yrsno datano data
Mark Plake
Consultantno datano datano data
Bruce Lerner
President of HollyFrontier Lubricants & Specialties0.33yrno datano data
John Harrison
VP of Finance & Strategy and Treasurer2.08yrsno datano data

0.9yrs

Average Tenure

53yo

Average Age

Experienced Management: HFC's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Jennings
CEO, President & Director0.75yrUS$6.48m0.012%
$ 376.6k
Franklin Myers
Independent Chairman of the Board1.67yrsUS$484.96k0.016%
$ 497.9k
James Lee
Independent Director9.75yrsUS$300.90k0.028%
$ 901.2k
Douglas Bech
Independent Lead Directorno dataUS$320.70k0.087%
$ 2.8m
Robert Kostelnik
Independent Director9.75yrsUS$313.65k0.021%
$ 674.0k
Anna Catalano
Independent Director2.92yrsUS$287.65k0.0032%
$ 103.0k
Leldon Echols
Independent Director11.75yrsUS$315.05k0.024%
$ 771.6k
Michael Rose
Independent Director9.75yrsUS$307.55k0.014%
$ 440.2k
Anne-Marie Ainsworth
Independent Director2.92yrsUS$290.05k0.0032%
$ 103.0k
R. Knocke
Independent Director1.67yrsUS$386.06k0.0016%
$ 51.3k
Manny Fernandez
Independent Directorno datano data0.00031%
$ 9.9k

9.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: HFC's board of directors are considered experienced (9.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

HollyFrontier Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HollyFrontier Corporation
  • Ticker: HFC
  • Exchange: NYSE
  • Founded: 1947
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$3.208b
  • Shares outstanding: 160.97m
  • Website: https://www.hollyfrontier.com

Number of Employees


Location

  • HollyFrontier Corporation
  • 2828 North Harwood
  • Suite 1300
  • Dallas
  • Texas
  • 75201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HFCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
HL8DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
H1FC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 1 REPR 1 SHS UNSPONBRBRLJan 2020

Biography

HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 00:59
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.