With the company set to aggressively repurchase its undervalued shares, strong throughput volumes, and solid demand fundamentals, I think HollyFrontier is poised to deliver strong returns for shareholders.
While broader market dynamics, i.e. the price of oil, dictating much of trading, shares can swoon for a while.
However, I would bet on Jennings and his talented management team to wisely allocate capital and move the share price higher in the next year.