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In May 2021, HollyFrontier agreed to purchase the Shell Anacortes Refinery near Anacortes, Washington, with capacity of 149,000 bbl/d, for $350 million. [11] In August 2021, HollyFrontier agreed to purchase the assets of Sinclair Oil Corporation, including its two refineries near Casper, Wyoming, and Sinclair, Wyoming, for $2.6 billion. [12]
Sinclair also has marketed products such as Dino, Dino Supreme, and Opaline motor oils. Sinclair filling station along Idaho Street (Interstate 80 Business) near College Avenue in Elko, Nevada. In August 2021, HollyFrontier announced the acquisition of Sinclair Oil. A new company named HF Sinclair Corporation would be formed in 2022. Under the ...
Shell sold the Puget Sound Refinery to the HollyFrontier in 2021 for $350 million. [ 9 ] [ 2 ] As of 2022 it has a capacity of 149,000 barrels a day and serves customers in the Pacific Northwest, including British Columbia, as well as the major international air and sea ports in the region.
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HollyFrontier (NYS: HFC) carries $180.4 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Robert Earl Holding (November 29, 1926 – April 19, 2013) [1] was an American businessman who owned Sinclair Oil Corporation, the Grand America Hotels & Resorts, the Grand America Hotel, the Westgate Hotel in San Diego, California (directed by Georg Hochfilzer), and two ski resorts, Sun Valley in central Idaho since 1977, [2] and Snowbasin near Ogden, Utah, since 1984.
It is run by HollyFrontier and has a crude distillation unit with a capacity of 135,000 barrels per day (21,500 m 3 /d). See also. Oil refinery; Petroleum;
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