This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs