HollyFrontier Corp (HFC): Today's Featured Energy Laggard
(
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.6%. By the end of trading, HollyFrontier fell $2.04 (-4.8%) to $40.74 on average volume. Throughout the day, 4,361,958 shares of HollyFrontier exchanged hands as compared to its average daily volume of 3,585,100 shares. The stock ranged in price between $40.50-$42.82 after having opened the day at $42.40 as compared to the previous trading day's close of $42.78. Other companies within the Energy industry that declined today were:
(
), down 88.9%,
(
), down 6.8%,
(
), down 5.2% and
(
), down 5.1%.
HollyFrontier Corporation operates as an independent petroleum refiner and marketer in the United States. It produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, liquefied petroleum gas, fuel oil, and specialty and modified asphalt. HollyFrontier has a market cap of $8.7 billion and is part of the basic materials sector. The company has a P/E ratio of 5.2, below the S&P 500 P/E ratio of 17.7. Shares are down 8.1% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate HollyFrontier a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
HollyFrontier
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full HollyFrontier Ratings Report.
On the positive front,
GMX Resources
(
GMXRQ
), up 11.8%,
(
), up 11.0%,
(
), up 10.3% and
(
), up 7.5% , were all gainers within the energy industry with
(
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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