The prior year comparable results exclude Frontier Oil earnings but considered indicative given the stock-for-stock consideration in the merger. During the current quarter we generated $862 million in EBITDA, nearly 2.5 times the second quarter 2011 EBITDA of $350 million.Unit profitability for the quarter was very strong with greater than $12 of net income per capacity barrel and refining gross margins ranging from $25 in Mid-Con to 35 in the Rockies.
HollyFrontier's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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