HollyFrontier beats profit estimates on higher refining margins

HollyFrontier beats profit estimates on higher refining margins
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

25.02.2019

MOSCOW (MRC) -- Oil refiner HollyFrontier Corp beat analysts' estimates for quarterly profit, as refining margins were boosted by cheaper crude from U.S shale basins and Canada, as per Hydrocarbonprocessing.The company said refinery gross margins, or the difference between the cost of crude oil and the average selling price of refined products, surged 77 percent to USD22.17 per barrel in

Full article at mrcplast.com

Back

news