Private company
HollyFrontier Corp
American petroleum refining company, incorporated in Delaware. Summary from the record
Last updated Oct 19, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue85¢$15.6B
- Selling, general and admin2¢$362.0M
- Other costs9¢$1.7B
- Interest1¢$125.2M
- Income tax1¢$123.9M
- Profit3¢$558.3M
Out of $18.4B in revenue.3
Where each dollar of operating cash went, fiscal 2021
- Capital spending92¢$725.1M
- Dividends paid7¢$57.7M
- Share buybacks1¢$7.1M
Out of $406.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $13.2B4 | $10.5B5 | $14.3B6 | $17.7B7 | $17.5B3 | $11.2B3 | $18.4B3 |
| Cost of revenue | $8.8B5 | $11.5B6 | $13.9B7 | $13.9B3 | $9.2B3 | $15.6B3 | |
| Selling, general and admin | $120.8M4 | $125.9M5 | $265.7M6 | $290.4M7 | $354.2M3 | $313.6M3 | $362.0M3 |
| Operating expenses | $1.5B3 | ||||||
| Operating income | $1.2B4 | -$102.6M5 | $900.5M6 | $1.6B7 | $1.3B3 | -$733.7M3 | $749.2M3 |
| Interest | $43.5M4 | $72.2M5 | $117.6M6 | $131.4M7 | $143.3M3 | $126.5M3 | $125.2M3 |
| Income before tax | $787.2M3 | ||||||
| Income tax | $406.1M4 | $19.4M5 | -$12.4M6 | $347.2M7 | $299.2M3 | -$232.1M3 | $123.9M3 |
| Net income | $740.1M4 | -$260.5M5 | $805.4M6 | $1.1B7 | $772.4M3 | -$601.4M3 | $558.3M3 |
| Earnings per share | $3.914 | -$1.485 | $4.546 | $6.257 | $4.643 | -$3.723 | $3.393 |
| Earnings per share (diluted) | $3.904 | -$1.485 | $4.526 | $6.197 | $4.613 | -$3.723 | $3.393 |
| Shares (weighted, basic) | 162.6M shares3 | ||||||
| Shares (weighted, diluted) | 162.6M shares3 |
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $66.5M5 | $710.6M6 | $630.8M6 | $1.2B6 | $885.2M7 | $1.4B3 | $234.4M3 |
| Receivables | $1.2B3 | ||||||
| Inventory | $2.1B3 | ||||||
| Current assets | $1.4B8 | $2.9B4 | $3.1B5 | $3.3B6 | $3.3B7 | $3.3B3 | $3.8B3 |
| Goodwill | $2.3B3 | ||||||
| Intangible assets | $299.1M3 | ||||||
| Total assets | $8.4B4 | $9.4B5 | $10.7B6 | $11.0B7 | $12.2B7 | $11.5B3 | $12.9B3 |
| Accounts payable | $1.6B3 | ||||||
| Current liabilities | $860.6M8 | $1.1B4 | $1.4B5 | $1.2B6 | $1.7B7 | $1.4B3 | $2.1B3 |
| Long-term debt | $1.0B8 | $2.2B4 | $2.5B5 | $2.4B6 | $2.5B7 | $3.1B3 | $3.1B3 |
| Retained earnings | $4.4B3 | ||||||
| Shareholders’ equity | $5.3B8 | $4.7B4 | $5.4B5 | $5.9B6 | $6.0B7 | $5.2B3 | $5.7B3 |
| Shares outstanding | 180.2M shares5 | 177.3M shares6 | 177.4M shares7 | 172.1M shares3 | 161.8M shares3 | 162.4M shares3 | 163.0M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $985.9M4 | $606.9M5 | $951.4M6 | $1.6B7 | $1.5B3 | $457.9M3 | $406.7M3 |
| Depreciation and amortization | $503.5M3 | ||||||
| Stock-based compensation | $39.3M3 | ||||||
| Capital spending | $483.0M4 | $372.2M5 | $227.4M6 | $256.9M7 | $263.7M3 | $270.9M3 | $725.1M3 |
| Free cash flow | $502.8M | $234.8M | $723.9M | $1.3B | $1.3B | $187.1M | -$318.4M |
| Cash from investing | -$1.3B3 | ||||||
| Dividends paid | $246.9M4 | $234.0M5 | $235.5M6 | $233.5M7 | $225.2M3 | $229.5M3 | $57.7M3 |
| Share buybacks | $742.8M4 | $138.1M5 | $15.9M6 | $363.4M7 | $533.1M3 | $7.6M3 | $7.1M3 |
| Cash from financing | -$211.8M3 | ||||||
| Dividend per share | $1.318 | $1.324 | $1.325 | $1.327 | $1.343 | $1.403 | $0.353 |
Leadership
Who has led HollyFrontier Corp, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerGeorge John Damiris Dec 19, 2016 to Jan 2, 20209
- Chief executive officerMichael Jennings Jul 1, 2011 to Dec 3, 202110
- Chief executive officerMatthew P. Clifton Feb 21, 2006 to May 12, 201111
- ChairMichael Jennings Feb 12, 2016 to Dec 23, 201612
- ChairMatthew P. Clifton Dec 3, 2007 to Dec 19, 201213
- ChairLamar Norsworthy Feb 21, 2006 to Feb 12, 200714
- PresidentThomas G. Creery Nov 10, 2021 to Dec 3, 202115
- PresidentTimothy Go Nov 10, 2021 to Dec 3, 202116
- PresidentBruce A. Lerner Jun 2, 2020 to Nov 10, 202117
- PresidentGeorge John Damiris Dec 19, 2016 to Jan 2, 20209
- PresidentMichael Jennings Jul 1, 2011 to Aug 10, 202110
- PresidentDavid L. Lamp Jan 9, 2008 to May 19, 201118
- Chief financial officerRichard Lawrence Voliva Iii. Mar 3, 2017 to Dec 3, 202119
- Chief financial officerDoug S. Aron Jul 1, 2011 to Mar 2, 201720
- Chief financial officerBruce R. Shaw Jan 10, 2008 to May 12, 201121
- Chief financial officerStephen J. McDonnell Feb 21, 2006 to Jan 9, 200822
- Chief operating officerTimothy Go Jun 11, 2020 to Dec 3, 202123
- Chief operating officerGeorge John Damiris Nov 13, 2014 to Nov 10, 201624
- Chief operating officerDavid L. Lamp Aug 29, 2011 to Dec 19, 201325
Board members and other officers (35)
- VP, Controller and CAOIndira Agarwal Jun 2, 2020 to Dec 3, 202126
- Executive Vice PresidentMichael Jennings Nov 26, 2019 to Nov 26, 201927
- SVP, CommercialThomas G. Creery Sep 14, 2016 to Dec 3, 202028
- Vice President and ControllerJohn W. Gann Jr. Jun 29, 2012 to May 28, 202029
- SVP, Refinery OperationsJames M. Stump Jul 1, 2011 to Jul 1, 202030
- Sr VP, Strategy & Corp DevBruce R. Shaw Aug 29, 2011 to Dec 19, 201231
- SVP, Supply & MarketingGeorge John Damiris Apr 2, 2009 to May 15, 201432
- Vice President & ControllerScott C. Surplus Apr 8, 2009 to Mar 5, 201233
- VP, Gen Counsel & SecretaryDenise Clark McWatters Nov 10, 2008 to Dec 19, 201834
- EVP, Refining & MarketingDavid L. Lamp Feb 21, 2006 to Mar 2, 200735
- VP and Chief Acctg OfficerP. Dean Ridenour Feb 21, 2006 to Mar 2, 200736
- Board memberManuel J. Fernandez Oct 1, 2020 to Nov 10, 202137
- Board memberR. Craig Knocke Feb 15, 2019 to Nov 10, 202138
- Board memberAnna C. Catalano Nov 7, 2017 to Nov 10, 202139
- Board memberAnne-Marie Ainsworth Nov 7, 2017 to Nov 10, 202140
- Board memberGeorge John Damiris Dec 19, 2016 to Jan 2, 20209
- Board memberRichard Kevin Hardage May 13, 2011 to Nov 9, 201741
- Board memberFranklin Myers Jul 1, 2011 to Nov 15, 202142
- Board memberPaul B. Loyd Jr. Jul 1, 2011 to Aug 29, 201143
- Board memberRobert J. Kostelnik Jul 1, 2011 to Nov 10, 202144
- Board memberDouglas Y. Bech Jul 5, 2011 to Nov 13, 202045
- Board memberMichael Jennings Aug 29, 2011 to Dec 3, 202146
- Board memberTommy A. Valenta Mar 8, 2010 to Nov 10, 201647
- Board memberLeldon E. Echols Dec 22, 2008 to Nov 10, 202148
- Board memberLamar Norsworthy Apr 10, 2007 to Apr 10, 200749
- Board memberJack P. Reid Feb 14, 2006 to Feb 14, 201250
- Board memberMatthew P. Clifton Feb 21, 2006 to Apr 3, 200711
- Board memberW. John Glancy Feb 21, 2006 to Mar 11, 200851
- Board memberPaul T. Stoffel Apr 21, 2006 to May 7, 201052
- Board memberBuford P. Berry May 12, 2006 to Nov 14, 201353
- Board memberMarcus R. Hickerson May 12, 2006 to May 18, 200954
- Board memberRobert G. McKenzie May 12, 2006 to May 13, 201455
- Board memberThomas K. Matthews Ii. May 12, 2006 to May 19, 200956
- General counselVaishali S. Bhatia Nov 15, 2019 to Dec 3, 202157
- General counselW. John Glancy Feb 21, 2006 to Mar 11, 200851
Former names
- HOLLY CORPDec 14, 1994 to Jun 29, 20112
Timeline
Filings
57 filings to the SEC since October 2021: 2 annual reports, 1 quarterly reports, 14 major events, 23 insider forms, 6 large holders, 11 other. The latest 20:
- Feb 13, 2023SC 13G/A ROBECO INVESTMENT MANAGEMENT INC. EDGAR
- May 2, 202215-15D EDGAR
- Apr 29, 202215-12B EDGAR
- Apr 28, 202210-K/A EDGAR
- Apr 27, 20228-K EDGAR
- Apr 8, 20228-K EDGAR
- Mar 29, 202215-12B EDGAR
- Mar 18, 2022S-8 POS EDGAR
- Mar 18, 2022S-8 POS EDGAR
- Mar 18, 2022S-8 POS EDGAR
- Mar 18, 2022S-8 POS EDGAR
- Mar 18, 2022S-8 POS EDGAR
- Mar 16, 20228-K EDGAR
- Mar 15, 202225-NSE EDGAR
- Mar 1, 20228-K EDGAR
- Feb 23, 202210-K EDGAR
- Feb 23, 20228-K EDGAR
- Feb 11, 2022SC 13G ROBECO INVESTMENT MANAGEMENT INC. EDGAR
- Feb 9, 2022SC 13G/A SCHEDULE 13G/A EDGAR
- Feb 9, 2022SC 13G EDGAR
The 57 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 12, 2021 | MYERS FRANKLINDirector | Buy | 20,000 | $34.56 | $691.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Boston PartnersSC 13G/A, 2 filings Feb 11, 2022 to Feb 13, 202358
- FMR LLCSC 13G, 1 filing Feb 9, 202259
- State Street CorporationSC 13G/A, 1 filing Feb 9, 202260
- VANGUARD GROUP INCSC 13G/A, 1 filing Feb 9, 202261
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARMichael Jennings, Chair
- 13SEC EDGARMatthew P. Clifton, Chair
- 14SEC EDGARLamar Norsworthy, Chair
- 15SEC EDGARThomas G. Creery, President
- 16SEC EDGARTimothy Go, President
- 17SEC EDGARBruce A. Lerner, President
- 18SEC EDGARDavid L. Lamp, President
- 19
- 20
- 21
- 22
- 23SEC EDGARTimothy Go, Chief operating officer
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- 28SEC EDGARThomas G. Creery, SVP, Commercial
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- 34
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- 37SEC EDGARManuel J. Fernandez, Board member
- 38SEC EDGARR. Craig Knocke, Board member
- 39SEC EDGARAnna C. Catalano, Board member
- 40SEC EDGARAnne-Marie Ainsworth, Board member
- 41SEC EDGARRichard Kevin Hardage, Board member
- 42SEC EDGARFranklin Myers, Board member
- 43SEC EDGARPaul B. Loyd Jr., Board member
- 44SEC EDGARRobert J. Kostelnik, Board member
- 45SEC EDGARDouglas Y. Bech, Board member
- 46SEC EDGARMichael Jennings, Board member
- 47SEC EDGARTommy A. Valenta, Board member
- 48SEC EDGARLeldon E. Echols, Board member
- 49SEC EDGARLamar Norsworthy, Board member
- 50SEC EDGARJack P. Reid, Board member
- 51SEC EDGARW. John Glancy, Board member
- 52SEC EDGARPaul T. Stoffel, Board member
- 53SEC EDGARBuford P. Berry, Board member
- 54SEC EDGARMarcus R. Hickerson, Board member
- 55SEC EDGARRobert G. McKenzie, Board member
- 56SEC EDGARThomas K. Matthews Ii., Board member
- 57SEC EDGARVaishali S. Bhatia, General counsel
- 58
- 59SEC EDGARFMR LLC SC 13G on HollyFrontier Corp
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