HF Sinclair Corporation (HF Sinclair) is a diversified 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 in
Dallas, Texas
Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County w ...
.
The company operates seven complex
oil refineries
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefie ...
with a total crude oil processing capacity of 678,000 barrels per stream day. It has facilities in
Cheyenne, Wyoming
Cheyenne ( or ) is the capital and most populous city of the U.S. state of Wyoming, as well as the county seat of Laramie County, with 65,132 residents, per the 2020 US Census. It is the principal city of the Cheyenne metropolitan statistical ...
(52,000 barrels per day),
El Dorado, Kansas
El Dorado ( ) is city and county seat of Butler County, Kansas, United States. It is situated along the Walnut River in the central part of Butler County and located in south-central Kansas. As of the 2020 census, the population of the city ...
(coking refinery - 135,000 bbl/d),
Artesia, New Mexico
Artesia is a city in Eddy County, New Mexico, centered at the intersection of U.S. routes 82 and 285; the two highways serve as the city's Main Street and First Street, respectively. As of the 2010 census, the city population was 11,301.
Hist ...
(100,000 bbl/d),
Tulsa, Oklahoma
Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with ...
(125,000 bbl/d),
Woods Cross, Utah
Woods Cross is a city in Davis County, Utah, United States. It is part of the Ogden– Clearfield, Utah Metropolitan Statistical Area. The population was 9,761 as of the 2010 census, with an estimated population in 2019 of 11,431.
Histor ...
(45,000 bbl/d), Sinclair, WY and Casper, WY. It operates three lubricants and specialties facilities in
Mississauga
Mississauga ( ), historically known as Toronto Township, is a city in the Canadian province of Ontario. It is situated on the shores of Lake Ontario in the Regional Municipality of Peel, adjoining the western border of Toronto. With a popul ...
(15,600 bbl/d), Petrolia, PA and in the Netherlands. The company also operates asphalt terminals in
Arizona
Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...
,
New Mexico
)
, population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano)
, seat = Santa Fe
, LargestCity = Albuquerque
, LargestMetro = Tiguex
, OfficialLang = None
, Languages = English, Spanish ( New Mexican), Navajo, Ker ...
, and
Oklahoma
Oklahoma (; Choctaw language, Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a U.S. state, state in the South Central United States, South Central region of the United States, bordered by Texas on the south and west, Kansas on the nor ...
.
[
The company ranked 279th in the 2021 ]Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...
, based on its 2020 revenue.
History
The company was incorporated under the name General Appliance Corporation in 1947 and changed its name to Holly Corporation in 1952.
In 2003, Frontier Oil
Frontier Oil was an energy company, originally based in Canada, that moved to the United States. Its headquarters were located in Houston, TX, and its subsidiary company, Frontier Refining & Marketing, Inc., is located in Denver, Colorado. Fronti ...
agreed to acquire Holly but Holly later cancelled the merger, leading to litigation.
In 2009, Holly Corporation acquired 2 refineries in Tulsa, Oklahoma
Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with ...
: one from Sinclair Oil Corporation
Sinclair Oil Corporation was an American petroleum corporation, founded by Harry F. Sinclair on May 1, 1916, the Sinclair Oil and Refining Corporation combined, amalgamated, the assets of 11 small petroleum companies. Originally a New York cor ...
for $128 million and one from Sunoco
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas, that is a wholesale distributor of motor fuels. It distributes fuel to more than 5,500 Sunoco-branded gas stations, ...
.
In July 2011, Holly Corporation and Frontier Oil
Frontier Oil was an energy company, originally based in Canada, that moved to the United States. Its headquarters were located in Houston, TX, and its subsidiary company, Frontier Refining & Marketing, Inc., is located in Denver, Colorado. Fronti ...
merged forming HollyFrontier Corporation.
In February 2017, the company acquired Suncor Energy
Suncor Energy (french: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-lar ...
's Petro-Canada Lubricants unit in Mississauga
Mississauga ( ), historically known as Toronto Township, is a city in the Canadian province of Ontario. It is situated on the shores of Lake Ontario in the Regional Municipality of Peel, adjoining the western border of Toronto. With a popul ...
, Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
, Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
for C$1.125 billion.
In early 2019, HollyFrontier acquired Sonneborn, a manufacturer of food grade white mineral oils and waxes in Petrolia, Pennsylvania
Petrolia is a borough in Butler County, Pennsylvania, United States. The population was 212 at the 2010 census.
Geography
Petrolia is located in eastern Butler County at (41.017964, -79.718204), in the valley of the South Branch of Bear Creek, a ...
, for $655 million.
In June 2020, HollyFrontier announced its Cheyenne refinery will cease processing petroleum, instead shifting production solely to renewable fuel
Renewable Fuels are fuels produced from renewable resources. Examples include: biofuels (e.g. Vegetable oil used as fuel, ethanol, methanol from clean energy and carbon dioxide or biomass, and biodiesel) and Hydrogen fuel (when produced with ren ...
, with the loss of approximately 200 workers.
In May 2021, HollyFrontier agreed to purchase the Shell Anacortes Refinery
The Puget Sound Refinery is an oil refinery on March Point near Anacortes, Washington, United States. It is operated by HF Sinclair and is one of the largest employers in Skagit County. The refinery has a capacity of 145,000 barrels a day, making ...
near Anacortes
Anacortes ( ) is a city in Skagit County, Washington, United States. The name "Anacortes" is an adaptation of the name of Anne Curtis Bowman, who was the wife of early Fidalgo Island settler Amos Bowman.[Washington
Washington commonly refers to:
* Washington (state), United States
* Washington, D.C., the capital of the United States
** A metonym for the federal government of the United States
** Washington metropolitan area, the metropolitan area centered on ...]
, with capacity of 149,000 bbl/d, for $350 million.
In August 2021, HollyFrontier agreed to purchase the assets of Sinclair Oil Corporation
Sinclair Oil Corporation was an American petroleum corporation, founded by Harry F. Sinclair on May 1, 1916, the Sinclair Oil and Refining Corporation combined, amalgamated, the assets of 11 small petroleum companies. Originally a New York cor ...
, including its two refineries near Casper, Wyoming
Casper is a city in, and the county seat of, Natrona County, Wyoming, United States. Casper is the second-largest city in the state, with the population at 59,038 as of the 2020 census. Only Cheyenne, the state capital, is larger. Casper is nic ...
, and Sinclair, Wyoming
Sinclair is a town in Carbon County, Wyoming, United States.
History
The town was originally called Parco, after the Producers & Refiners Corporation (or PARCO) which founded the refinery and the company town. It was renamed Sinclair after PAR ...
, for $2.6 billion. The succeeding company, HF Sinclair Corporation, is expected to finalize the merger mid-2022.
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).
Carbon footprint
HollyFrontier reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 6,167 Kt (-122 /-1.9% y-o-y).[Alt URL]
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References
External links
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{{Authority control
1947 establishments in Texas
American companies established in 1947
Companies based in Dallas
Companies listed on the New York Stock Exchange
Energy companies established in 1947
Non-renewable resource companies established in 1947
Oil companies of the United States
Oil pipeline companies
Petroleum in Texas