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HollyFrontier Corporation CEO Discusses Q2 2011 Results - Earnings Call Transcript

HollyFrontier Corporation ( HOC)

Q2 2011 Earnings Call

August 05, 2011, 10:00 a.m. ET


Neale Hickerson - VP, IR

Mike Jennings - CEO and President

Dave Lamp - EVP and COO

Doug Aron - EVP and CFO

Bruce Shaw - SVP, Strategy and Corporate Development

Scott Surplus - VP and Controller


Jeff Dietert - Simmons and Company

Jacques Rousseau - RBC Capital Markets

Doug Leggate - Bank of America/Merrill Lynch

Chi Chow - Macquarie Capital

Paul Cheng - Barclays Capital

Evan Calio - Morgan Stanley



Welcome to the HollyFrontier Corporation Second Quarter Earnings Call. My name is Sandra and I’ll be your operator for today’s call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to Mr. Neale Hickerson. Mr. Hickerson, you may begin.

Neale Hickerson

Well good morning everyone. Today we are proud to present our second quarter 2011 results. I’m Neale Hickerson, Vice President of Investor Relations at HollyFrontier. With us for our call today are Mike Jennings, our CEO and President; Dave Lamp, our Chief Operating Officer; Doug Aron, our Executive Vice President and CFO. And we also have Bruce Shaw; Scott Surplus; and (inaudible), all senior officer at HollyFrontier to help us with the Q&A portion of our conference if need be.

We issued a press release this morning which announced results for a second quarter 2011. As I’m sure many of you have noted from our press release our results for the second quarter for legacy results for Holly Corporation as a merger with Frontier, however, was not complete until the start of the third quarter 2011. Our press release can be found at our website at www.

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