HollyFrontier Corporation Reports Operating Results for Second Quarter Ended June 30, 2014; Provides Production Guidance for the Third Quarter of 2014; Provides Capex Guidance for the Full Year of 2014
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.