HollyFrontier Corporation reported operating results for second quarter ended June 30, 2014. For the quarter, the company reported crude throughput of 439,000 barrels per day versus guidance of 425,000. The company ran 23% sour and 80% WCS and black wax crude. The company's average laid-in crude cost across refining system was $3.90 -- pardon me, $3.97 per barrel under WTI.

For the third quarter of 2014, the company expects to run 405,000 barrels per day of crude, with 17% of the slate being priced-advantaged heavy and waxy crudes, and 23% sour crudes.

The company maintained its full year 2014 capex guidance of approximately $400 million and turnaround spending of $77 million.