Target: 63.00 Holly Corporation and its subsidiaries operate as a petroleum refiner in the United States. It involves in the purchase and refining of crude oil; and wholesale and marketing of refined products, such as gasoline, diesel fuel, and jet fuel in Texas, New Mexico, Arizona, Utah, Wyoming, Montana, Idaho, Washington, and northern Mexico. The company also manufactures and markets asphalt products from various terminals in Arizona and New Mexico. In addition, it transports liquid petroleum gas (LPG) to LPG wholesalers and LPG retailers; offers gasoline to refiners, convenience store chains, independent marketers, and retailers; and provides diesel fuel to other refiners, truck stop chains, wholesalers, and railroads. As of December 31, 2007, the company owned and operated two refineries consisting of a petroleum refinery in Artesia, New Mexico and a refinery in Woods Cross, Utah; and owned approximately 900 miles of crude oil pipelines located principally in west Texas and New Mexico. It also owned a 45% interest in Holly Energy Partners, L.P., which has logistics assets, including approximately 1,700 miles of petroleum product pipelines located in Texas, New Mexico, and Oklahoma; 10 refined product terminals; 2 refinery truck rack facilities; and a refined products tank farm facility. The company was founded in 1947 and is based in Dallas, Texas.
$30.4 (08/22/08)
