Tag: HollyFrontier
HollyFrontier board allows stock buyback
The Board of Directors at HollyFrontier Corp. announced that they have approved a stock repurchase authorization of up to USD 100 million to repurchase common stock in the open market or via privately negotiated transactions.
Holly to develop Delaware Basin infrastructure
Holly Energy Partners (HEP) will undertake two expansion projects to provide 60,000 barrels per day of additional crude pipeline take-away capacity resulting from increased Delaware Basin drilling activity in southeast New Mexico. The first project will boost one of HEP's existing crude oil trunk lines from 35,000 BPD to 60,000 BPD.