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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]
The purchase of Prairie also gave Sinclair a 65% interest in Producers and Refiners Corporation (or Parco), which Sinclair subsequently acquired when Parco entered receivership in 1934. Lastly, in 1936, Sinclair purchased the East Coast marketing subsidiary of Richfield Oil Company, which had operated in receivership for several years.
Parco was built as a company town to house workers at the Producers and Refiners Oil Company (PARCO) refinery for oil man Frank Kistler. The town was renamed Sinclair in 1942 when the town and refinery were managed by the Sinclair Refining Company. [2] The Parco Historic District was placed on the National Register of Historic Places on May 6 ...
HF Sinclair Corporation (NYSE:DINO) reported a third-quarter revenue decline of 19% year over year to $7.207 billion, beating the consensus of $6.833 billion. Adjusted EBITDA fell 74% YoY to $316 ...
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 . [ 3 ] The refinery has a capacity of 145,000 barrels a day, [ 4 ] making it the 52nd largest in the United States, in 2015, with facilities that include a ...
The town was originally called Parco, after the Producers & Refiners Corporation (or PARCO) which founded the refinery and the company town. [6] It was renamed Sinclair after PARCO was acquired during the Great Depression by Sinclair Consolidated Oil Corporation. The original refinery, located just east of town, remains in use to this day ...
Harry Ford Sinclair (July 6, 1876 – November 10, 1956) was an American industrialist, and the founder of Sinclair Oil. He was implicated in the 1920s Teapot Dome scandal , and served six months in prison for contempt of Congress .
The origins of Houston Refining date to 1918, when Harry Sinclair (Sinclair Oil) began building a battery still on the site. [4] As the refinery grew, additional processing units were built to produce lubricants and aromatic chemicals, and with the addition of the fluid catalytic cracker in 1952, and the 736 coker in 1968, the refinery emerged ...