Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, independent oil refiner HollyFrontier (HFC) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at HollyFrontier and see what CAPS investors are saying about the stock right now.

HollyFrontier facts

Headquarters (founded)

Dallas (1947)

Market Cap

$8.8 billion

Industry

Oil and gas refining and marketing

Trailing-12-Month Revenue

$19.9 billion

Management

Chairman/CEO Michael Jennings

CFO Douglas Aron

Return on Equity (average, past 3 years)

27.6%

Cash/Debt

$2.5 billion / $1.3 billion

Dividend Yield

2.9%

Competitors

ExxonMobil

Valero Energy

Western Refining

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 96% of the 863 members who have rated HollyFrontier believe the stock will outperform the S&P 500 going forward.   

Just yesterday, one of those bulls, All-Star joryko, tapped HollyFrontier as a particularly tempting bargain opportunity:

Another good old fashioned Ben Graham screener pick here.

Maintains a 2.8% dividend, Price to Cash Flow of only 4, Price to Book of 1.4, and has twice as much cash as debt -- $2.5B versus $1.3B.

Even using its 2014 EPS outlook, which is only $4.75, HollyFrontier Corp.'s Graham Number still sits at $57.50, a nice 30% premium to its current price.

Admittedly, I know very little about the company, just that it meets Graham's requirements for a good Defensive stock selection, so I will roll the dice and see what happens.