HollyFrontier beats profit estimates on higher refining margins [Reuters]
HollyFrontier Corporation (HFC)
Last hollyfrontier corporation earnings: 2/20 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.hollyfrontier.com
Company Research
Source: Reuters
HollyFrontier beats profit estimates on higher refining margins | Reuters 2 Min Read (Reuters) - Oil refiner HollyFrontier Corp beat analysts’ estimates for quarterly profit on Wednesday, as refining margins were boosted by cheaper crude from U.S shale basins and Canada. The company said refinery gross margins, or the difference between the cost of crude oil and the average selling price of refined products, surged 77 percent to $22.17 per barrel in the fourth quarter ended Dec. 31. Refining margins for U.S. oil refiners have been fattening as transportation bottlenecks in Canada and the oil-rich Permian basin have ensured the flow of discounted crude. Excluding items, the company posted a profit of $2.25 per share, beating the average analyst estimate of $1.92, according to IBES data from Refinitiv. Net profit attributable to the company's shareholders fell to $141.9 million, or 81 cents per share, in the quarter, from $521.1 million, or $2.92 per share, a year earlier. ( bit.ly/2Xft
Show less
Read more
Impact Snapshot
Event Time:
HFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HFC alerts
High impacting HollyFrontier Corporation news events
Weekly update
A roundup of the hottest topics