Holly Corporation · Dallas, TX United States ·(NYSE: HOC)
Company Description
Phone: 214-871-3555
Fax: 214-871-3560
Rankings
- #420 in FORTUNE 500
- S&P 600
View Holly Corporation Locations On A US Map
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This link will open in a new window Holly Corporation refines crude oil to produce gasoline, diesel fuel, and jet fuel, which it sells in the southwestern US, northern Mexico, and Montana. Subsidiary Navajo Refining (New Mexico) has a refining capacity of 85,000 barrels a day. Holly's Woods Cross refinery (Utah) has a crude oil capacity of 31,000 barrels per day. It owns a 45% stake in Holly Energy Partners , which has 860 miles of crude oil pipelines located primarily in west Texas and New Mexico, and more than 2,500 miles of petroleum product pipelines. Holly also owns and operates Holly Asphalt Company, which manufactures and markets asphalt products from various terminals in Arizona and New Mexico. To read the full description, subscribe now.
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Key Holly Corporation Financials
| Company Type | Public - NYSE: HOC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5,867.7 |
| 2008 Employees | 978 |
Holly Corporation Executives
29 executives listed for Holly Corporation's Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Matthew Clifton | Network |
| President | David Lamp | Network |
| SVP and CFO | Bruce Shaw | Network |
Competition
Competitive Landscape for Holly Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Holly Corporation Competitors
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