| Company type | Public company |
|---|---|
| NYSE: DINO S&P 400 component | |
| Industry | Petroleum industry |
| Founded | 1947; 78 years ago (1947) |
| Headquarters | Dallas,Texas,United States |
Key people | Franklin Myers,Chairman Tim Go,CEO |
| Products | Gasoline Diesel fuel Jet fuel Lubricants Asphalt |
| Revenue |  $11.183 billion (2020) |
4,054,249,000 United States dollar (2022)  | |
| -$514 million (2020) | |
| Total assets | $11.506 billion (2020) |
| Total equity | $5.168 billion (2020) |
Number of employees | 3,891 (2020) |
| Website | hfsinclair |
| Footnotes / references [1] | |
HF Sinclair Corporation (HF Sinclair) is an energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based inDallas, Texas, United States.
The company operates seven complexoil refineries with a total crude oil processing capacity of 678,000 barrels per stream day. It has facilities inCheyenne, Wyoming (52,000 barrels per day),El Dorado, Kansas (coking refinery - 135,000 bbl/d),Artesia, New Mexico (100,000 bbl/d),Tulsa, Oklahoma (125,000 bbl/d),Woods Cross, Utah (45,000 bbl/d),Sinclair, Wyoming andCasper, Wyoming. It operates three lubricants and specialties facilities inMississauga (15,600 bbl/d),Petrolia, Pennsylvania and in the Netherlands. The company also operates asphalt terminals inArizona,New Mexico, andOklahoma.[1]
The company ranked 279th in the 2021Fortune 500, based on its 2020 revenue.[2]
General Appliance Corporation incorporated in 1947 and changed its name to Holly Corporation in 1952.[3]
In 2003,Frontier Oil agreed to acquire Holly but Holly later cancelled the merger, leading to litigation.[4]
In 2009, Holly Corporation acquired 2 refineries inTulsa, Oklahoma: one fromSinclair Oil Corporation for $128 million and one fromSunoco.[5]
In July 2011, Holly Corporation andFrontier Oil merged forming HollyFrontier Corporation.[6][7]
In February 2017, the company acquiredSuncor Energy's Petro-Canada Lubricants unit inMississauga,Ontario,Canada for C$1.125 billion.[8]
In early 2019, HollyFrontier acquired Sonneborn, a manufacturer of food grade white mineral oils and waxes inPetrolia, Pennsylvania, for $655 million.[9]
In June 2020, HollyFrontier announced its Cheyenne refinery will cease processing petroleum, instead shifting production solely torenewable fuel, with the loss of approximately 200 workers.[10]
In May 2021, HollyFrontier agreed to purchase theShell Anacortes Refinery nearAnacortes,Washington, with capacity of 149,000 bbl/d, for $350 million.[11]
In August 2021, HollyFrontier agreed to purchase the assets ofSinclair Oil Corporation, including its two refineries nearCasper, Wyoming, andSinclair, Wyoming, for $2.6 billion.[12] The succeeding company, HF Sinclair Corporation, finalized the merger in December 2023.[13][14]
In March 14, 2022, HollyFrontier and Holly Energy Partners announced the completion of transactions with The Sinclair Companies and the establishment of the new parent company, HF Sinclair Corporation (NYSE:DINO).[15]
In July 2022, HF Sinclair announced the layoff of approximately 87 people in the Sinclair, Wyoming refinery.[16]