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About Holly Corporation
 We are principally an independent petroleum refiner which produces high value light products such as gasoline, diesel fuel and jet fuel. We were incorporated in Delaware in 1947 and maintain our principal corporate offices at 100 Crescent Court, Suite 1600, Dallas, Texas 75201-6915. Our telephone number is 214-871-3555.
As of December 31, 2008, we:
- owned and operated three refineries consisting of a petroleum refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively known as the "Navajo Refinery"), a refinery in Tulsa, Oklahoma and a refinery in Woods Cross, Utah ("Woods Cross Refinery");
- owned and operated Holly Asphalt Company (formerly, NK Asphalt Partners) which manufactures and markets asphalt products from various terminals in Arizona and New Mexico; and
- owned a 46% interest in HEP (which includes our 2% general partnership interest), which has logistics assets including approximately 2,600 miles of petroleum product and crude oil pipelines located principally in west Texas and New Mexico; ten refined product terminals; a jet fuel terminal; two refinery truck rack facilities; a refined products tank farm facility; on-site crude oil tankage at both our Navajo and Woods Cross Refineries and a 70% interest in Rio Grande.
Navajo Refining Company, L.L.C., one of our wholly-owned subsidiaries, owns the Navajo Refinery. The Navajo Refinery has a crude capacity of 100,000 BPSD, can process up to approximately 100% sour crude oil and serves markets in the southwestern United States and northern Mexico. The Tulsa refinery is a 85,000 bpsd complex refinery that produces high value specialty lubricants, oils and waxes in addition to diesel and gasoline. The Tulsa location ties into the Cushing Oil hub allowing access to multiple feedstocks while primarily processing Oklahoma Sweet, Cushing Common or West Texas Intermediate. The refined gasoline and diesel fuel is distributed throughout the Mid Continent region via the Magellan pipeline system while its specialty oils, waxes and basestocks are transported nationwide and internationally using the on-site rail loading facility to originate shipment. Our Woods Cross Refinery, located just north of Salt Lake City, Utah has a crude capacity of 31,000 BPSD and is operated by Holly Refining & Marketing Company - Woods Cross, one of our wholly-owned subsidiaries. This facility is a high conversion refinery that processes regional sweet and Canadian sour crude oils.
For more information on Holly Energy Partners, see: www.hollyenergy.com
Page last updated: 6/1/09
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