| Business Summary | | Holly
Corporation
is
principally
an
independent
petroleum
refiner,
which
produces
high
value
light
products
such
as
gasoline,
diesel
fuel
and
jet
fuel.
The
Company's
operations
are
currently
organized
into
two
business
divisions,
which
are
Refining,
including
the
Navajo
Refinery
and
the
Montana
Refinery,
and
Pipeline
Transportation.
In
addition,
the
Company
has
oil
and
gas
operations
and
a
retail
gasoline
stations
investment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Holly
Corp.
is
an
independent
refiner
of
petroleum
and
petroleum
derivatives
and
producer
of
high
value
light
products
such
as
gasoline,
diesel
fuel,
and
jet
fuel
for
sale
in
the
southwestern
U.S.
and
northern
Mexico.
For
the
nine
months
ended
4/30/01,
revenues
rose
30%
to
$877.3
million.
Net
income
totaled
$53.8
million,
up
from
$6.5
million.
Revenues
reflect
increased
refined
product
prices.
Earnings
reflect
higher
refininery
margins
and
higher
equity
in
earnings
of
JV. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lamar Norsworthy, 54 Chairman
and CEO | $623K | Matthew Clifton, 49 Pres | 506K | W. John Glancy, 58 Sr.
VP, Gen. Counsel, Sec. | -- | Stephen McDonnell, 49 VP-Fin.
and Corp. Devel. | -- | David Blair, 42 VP,
Marketing Asphalt and LPG | -- | Dollar amounts are as of 31-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|