Michael C. Jennings
Net Worth
Last updated:
What is Michael C. Jennings net worth?
The estimated net worth of Mr. Michael C. Jennings is at least $75,178,501 as of 10 Aug 2021. He owns shares worth $6,817,121 as insider, has earned $6,471,380 from insider trading and has received compensation worth at least $61,890,000 in HF Sinclair Corporation and Holly Energy Partners, L.P..
What is the salary of Michael C. Jennings?
Mr. Michael C. Jennings salary is $3,000,000 per year as Chief Executive Officer & Director in HF Sinclair Corporation. He also receives $1,530,000 as Chairman & Chief Executive Officer of Holly Logistic Services LLC in Holly Energy Partners, L.P..
How old is Michael C. Jennings?
Mr. Michael C. Jennings is 59 years old, born in 1966.
What stocks does Michael C. Jennings currently own?
As insider, Mr. Michael C. Jennings owns shares in 2 companies:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| HF Sinclair Corporation (HFC) | Chief Executive Officer & Director | 187,335 | $36.39 | $6,817,121 |
| Holly Energy Partners, L.P. (HEP) | Chairman & Chief Executive Officer of Holly Logistic Services LLC | 26,377 | $0 | $0 |
What does HF Sinclair Corporation do?
HollyFrontier Corporation operates as an independent petroleum refiner and marketer in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily produces high-value light products, such as gasoline, diesel and jet fuel, and specialty lubricant products, as well as specialty and modified asphalt. The company offers its products to other refiners, convenience store chains, independent marketers, liquid petroleum gases and other retailers, truck stop chains, wholesalers, railroads, governmental entities, and paving contractors or manufacturers, as well as for commercial airline use. It owns and operates five refineries with a combined crude oil processing capacity of approximately 554,000 barrels per day in El Dorado, Kansas; Tulsa, Oklahoma; Anacortes, Washington; Artesia, New Mexico; and Woods Cross, Utah. The company also owns and operates vacuum distillation and other facilities in Lovington, New Mexico, as well as asphalt terminals in Arizona, New Mexico, and Oklahoma. Its refineries serve markets in the Mid-Continent, Southwest, and Rocky Mountain regions of the United States. In addition, the company produces base oils and other specialized lubricant products; and owns and operates logistic assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities, and refinery processing units. The company was formerly known as Holly Corporation and changed its name to HollyFrontier Corporation as a result of its merger with Frontier Oil Corporation in July 2011. HollyFrontier Corporation was incorporated in 1947 and is headquartered in Dallas, Texas.
What does Holly Energy Partners, L.P. do?
Holly Energy Partners, L.P. provides petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry in the United States. It operates through two segments, Pipelines and Terminals, and Refinery Processing Unit. The company operates refined product pipelines that transport conventional gasolines, reformulated gasolines, and low-octane gasolines for oxygenate blending, as well as sulfur diesel and jet fuels, and liquefied petroleum gases; intermediate product pipelines that transport intermediate feedstocks and crude oils; and oil trunk, gathering, and connection pipelines that delivers crude oil. It operates 26 main pipelines; crude gathering networks; 10 refined product terminals; 1 crude terminal; 1 lube terminal; 31,800 track feet of rail storage; 7 locations with truck and/or rail racks; and tankages at 6 refining facility locations, as well as five refinery processing units. The company was incorporated in 2004 and is based in Dallas, Texas.
Michael C. Jennings insider trading
HF Sinclair Corporation
Mr. Michael C. Jennings has made 18 insider trades between 2011-2021, according to the Form 4 filled with the SEC. Most recently he purchased 7,500 units of HFC stock worth $218,025 on 10 Aug 2021.
The largest trade he's ever made was exercising 110,000 units of HFC stock on 20 Jun 2012. As of 10 Aug 2021 he still owns at least 187,335 units of HFC stock.
Holly Energy Partners, L.P.
Mr. Michael C. Jennings has made 4 insider trades between 2012-2021, according to the Form 4 filled with the SEC. Most recently he purchased 7,500 units of HEP stock worth $134,625 on 10 Aug 2021.
The largest trade he's ever made was exercising 12,851 units of HEP stock on 29 Mar 2016. As of 10 Aug 2021 he still owns at least 26,377 units of HEP stock.
HF Sinclair key executives
HF Sinclair Corporation executives and other stock owners filed with the SEC:
- Dr. Bruce A. Lerner Ph.D. (59) Pres of HollyFrontier Lubricants & Specialties
- Mr. Michael C. Jennings (59) Chief Executive Officer & Director
- Mr. Richard Lawrence Voliva III, C.F.A. (47) Executive Vice President & Chief Financial Officer
- Mr. Thomas G. Creery (66) Pres of HollyFrontier Renewables
- Mr. Timothy Go (58) Pres & Chief Operating Officer