HFC - HollyFrontier's Inland Markets May Be Among First To Reopen
HollyFrontier Corporation (HFC) is a refiner that owns 457,000 barrels per day ((BPD)) of Mid-Continent, Rockies, and New Mexico transport fuels refining capacity and 15,600 BPD of lubricating oil refining capacity. HollyFrontier also has controlling interest in midstream partnership Holly Energy Partners (HEP) which trades separately from the HFC stock.
Even though demand is global, it happens that most of HollyFrontier's markets are inland and less densely-populated. As the CDC map shows, these Rockies and Mid-Continent states (in yellow, yellow-orange, and orange) have experienced a lower number of Covid-19 infections; they are likely to