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HollyFrontier ( HFC -2.1% ) flips lower after Mizuho downgrades shares to Neutral from Buy, saying the refiner's peak spending on renewable diesel plants in 2021 will limit cash returns to shareholders. More news on: HollyFrontier Corporation, Energy stocks news, Stocks on the move, ...
Bulls in the refining sector have argued almost since the COVID-19 pandemic began that U.S. gasoline demand will be higher than average this summer. The expectation of a more-than-complete recovery to U.S. gasoline demand is premised on the argument that Americans have, in response to the ongo...
Introduction I have two core methods of sharing my investing ideas and strategies on Seeking Alpha. The first method is via public articles like this one, and the second is via the Cyclical Investor's Club. Since launching the Cyclical Investor's Club on 1/12/19, I've always tried to strike ...
HollyFrontier ( HFC +2% ) is downgraded to Underweight and Valero Energy ( VLO +0.8% ) to Equal Weight at Morgan Stanley, which also lowers its outlook for the refining and marketing sector to In-line, citing valuation and the risk of negative earnings revisions. More news on: HollyF...
Investors in the U.S. refining sector are by now familiar with the severe demand disruption that occurred to refined fuels in March and April of this year. The arrival of the COVID-19 pandemic in the U.S. was marked by lockdown orders being implemented across almost all of the country in the s...
Citing ongoing coronavirus pandemic, CVR Energy (NYSE: CVI ) and HollyFrontier (NYSE: HFC ) have cut their workforces in recent weeks, according to three sources, reports Reuters. More news on: CVR Energy, Inc., HollyFrontier Corporation, Energy stocks news Read more ...
Stocks are comfortably in rally territory midday as technology takes its familiar role as market leader. More news on: HollyFrontier Corporation, Top stock market news, , Read more ...
HollyFrontier ( HFC -4.2% ) is downgraded to Underperform from Market Perform with a $22 price target, trimmed from $26, at Cowen, saying the refiner is most levered to Brent-WTI crude spreads. More news on: HollyFrontier Corporation, Energy stocks news, Stocks on the move, Re...
The rally that began in merchant refiner HollyFrontier's ( HFC ) shares late last March is officially over. The steady reopening of the economies of the southern U.S. states in which the company's operations are focused had caused its share price earlier this month to rebound to levels last ...
HollyFrontier ( HFC ) has rallied 60% off its bottom in March. The steep rally may lead some investors to think that the stock has exhausted its upside but this is far from true. This exemplary refiner is facing some headwinds, which still weigh on its stock price. As these headwinds will so...
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) today announced its financial results for the...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) advises that it has closed its acquisition of...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) advises that it has closed the non-brokered pr...