In July 2011, oil refiners Holly Corporation and Frontier Oil finalized a highly synergistic merger that created a super refiner with operations throughout the mid-continent, south western and Rocky Mountain regions. The new HollyFrontier Corp. was quick to capitalize on an unprecedented glut of oil that had come about at land-locked Cushing, Oklahoma. The net effect of this year-long anomaly was to hand a considerable raw-materials cost advantage to refiners that sourced their crude inland rather than from the coast. Among them: HollyFrontier, which recorded a 90% increase in revenue in 2011, swiftly followed by a 185% hike in revenue in the first quarter. -- N.S.
Company | Sales growth (3-year annual rate) |
---|---|
Northern Oil and Gas | 237% |
ZAGG | 104% |
Green Mountain Coffee Roasters | 78% |
Company | Profit growth (3-year annual rate) |
---|---|
Cirrus Logic | 450% |
IAMGOLD | 421% |
HFF | 341% |
Company | Total return (3-year annual rate) |
---|---|
Questcor Pharmaceuticals | 120% |
3D Systems | 112% |
TPC Group | 111% |