HollyFrontier Corp (HFC), which is the result of a merger of Holly Corp and Frontier Oil in July 2011, is one of the largest independent petroleum refiners in the US producing gasoline, diesel, jet fuel, asphalt and specialty lubricant products.
Consolidated historical figures are not yet available; however, earnings per share are expected to grow from $5.50 this year to $5.75 in 2012 while the dividend per share should increase from $.33 to $.38. Return on equity in 2011 will be roughly 60%. HFC should benefit from:
