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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2004


HOLLY CORPORATION

(Exact name of Registrant as specified in its charter)
         
Delaware       75-1056913
(State or other   001-03876   (I.R.S. Employer
jurisdiction of incorporation)   (Commission File Number)   Identification Number)
     
100 Crescent Court,   75201-6927
Suite 1600   (Zip code)
Dallas, Texas    
(Address of principal    
executive offices)    

Registrant’s telephone number, including area code: (214) 871-3555

Not applicable

(Former name or former address, if changed since last report)




TABLE OF CONTENTS

Item 7. Financial Statements and Exhibits
Item 12. Results of Operations and Financial Condition
SIGNATURES
EXHIBIT INDEX
Press Release


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Item 7. Financial Statements and Exhibits.

(c) Exhibits.

99.1 — Press Release of the Company issued May 7, 2004.*

Item 12. Results of Operations and Financial Condition.

     The following information is furnished pursuant to Item 12, “Results of Operations and Financial Condition.”

     On May 7, 2004, Holly Corporation (the “Company”) issued a press release announcing the Company’s first quarter of 2004 results. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and incorporated herein in its entirety.


*   Filed herewith.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

         
    HOLLY CORPORATION
 
       
  By:   /s/ Stephen J. McDonnell
     
 
      Stephen J. McDonnell
      Vice President and Chief Financial Officer

Date: May 7, 2004

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EXHIBIT INDEX

         
Exhibit        
Number
      Exhibit Title
99.1
    Press Release of the Company issued May 7, 2004.

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