DALLAS, Jan. 24, 2025 /PRNewswire/ -- HF Sinclair Corporation (NYSE: DINO) (the "Corporation") today announced the pricing terms for the previously announced cash tender offer (the "Tender Offer") to purchase the outstanding notes (collectively, the "Notes" and each a "Series" of Notes) listed in the table below. All other terms and conditions of the Tender Offer remain unchanged and are described in the Offer to Purchase dated January 8, 2025, as amended on January 8, 2025 (the "Offer to Purchase"). The Fi ...

DALLAS, Jan. 23, 2025 /PRNewswire/ -- HF Sinclair Corporation (NYSE: DINO) (the "Corporation") today announced the early results of the previously announced cash tender offer (the "Tender Offer") to purchase the outstanding notes listed in the table below (collectively, the "Notes" and each a "Series" of Notes). All terms and conditions of the Tender Offer remain unchanged and are described in the Offer to Purchase dated January 8, 2025, as amended on January 8, 2025 (the "Offer to Purchase"). The Financing ...

DALLAS, Jan. 8, 2025 /PRNewswire/ -- HF Sinclair Corporation (NYSE: DINO) (the "Corporation") today announced that it is increasing the aggregate purchase price (the "Maximum Aggregate Purchase Price") of its previously announced cash tender offer (the "Tender Offer") to up to $1.05 billion (excluding accrued interest), from the previously announced Maximum Aggregate Purchase Price of $900.0 million.  The Tender Offer is for the outstanding notes listed in the table below (collectively, the "Notes" and each ...

Tender Offer Details - HF Sinclair Corporation has commenced a cash tender offer to purchase outstanding notes for an aggregate purchase price of up to $900 million, excluding accrued interest [1] - The tender offer prioritizes the purchase of notes in the order specified, with a cap on the 2027 Notes set at $150 million [1][2] - The total consideration for each $1,000 principal amount of notes tendered before the Early Tender Deadline includes a $30 premium and is calculated based on the yield of the applicable U S Treasury Security plus a fixed spread [10] Acceptance Priority and Settlement - Notes will be accepted based on their Acceptance Priority Level, with Level 1 being the highest priority and Level 3 the lowest [4] - The Early Tender Deadline is January 23, 2025, and the Expiration Date is February 7, 2025, unless extended [9] - The Early Settlement Date is expected to be January 28, 2025, and the Final Settlement Date is expected to be February 11, 2025 [11] Conditions and Flexibility - The tender offer is subject to conditions, including the receipt of sufficient proceeds from a concurrent public offering of senior debt securities [7] - The company reserves the right to modify the Maximum Aggregate Purchase Price and the 2027 Notes Tender Cap at any time [8] - The company may purchase additional notes in the open market or through other means in the future, which could affect the price of remaining notes [15] Company Overview - HF Sinclair Corporation is an independent energy company headquartered in Dallas, Texas, producing and marketing high-value light products such as gasoline, diesel fuel, and renewable diesel [19] - The company operates refineries in multiple states and markets its products primarily in the Southwest U S , the Rocky Mountains, and the Pacific Northwest [19] - HF Sinclair also produces renewable diesel at facilities in Wyoming and New Mexico and markets specialized lubricants globally [19]

Stock Analysis - HF Sinclair (NYSE: DINO) experienced a significant price decline, and the stock was expected to fall further due to weak crack spreads [1] - The stock has now reached the previously set price target [1] Analyst Background - The analyst is a Licensed Professional Engineer with experience in the Nuclear Power industry, leveraging expertise in the power/energy sectors to evaluate long-term investment opportunities [1] - The analyst focuses on income-producing equities and rental real estate properties for cash flow and long-term appreciation [1] Article Purpose - The article serves as a platform to present the underlying fundamentals and long-term potential of the equity/business being analyzed [1]

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players in th ...

In February of this year, I covered HF Sinclair (NYSE: DINO ) with a sell rating. This was mainly attributed to the company's high operating expense per barrel in the face of diminishing margins in PADD 3 andI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for cash f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ________ ...

Financial Data and Key Metrics - Q3 2024 net loss attributable to shareholders was $76 million, or negative $0.40 per diluted share, impacted by special items totaling $172 million [19] - Adjusted net income for Q3 2024 was $97 million, or $0.51 per diluted share, compared to $760 million, or $4.06 per diluted share in Q3 2023 [20] - Adjusted EBITDA for Q3 2024 was $316 million, down from $1.2 billion in Q3 2023 [20] - Net cash provided by operations totaled $708 million, including $90 million in turnaround spend [26] - Capital expenditures for Q3 2024 were $124 million, with full-year 2024 guidance of $800 million in sustaining capital and $75 million in growth capital [27][28] Business Segment Performance Refining - Adjusted EBITDA for Refining was $110 million in Q3 2024, down from $1 billion in Q3 2023, driven by lower margins in West and Mid-Con regions [21] - Crude oil charge averaged 607,000 barrels per day, up from 602,000 barrels per day in Q3 2023, due to improved reliability and reduced turnaround activities [22] - Jet production reached a quarterly record, and Woods Cross refinery set a record for premium production [9] Renewables - Adjusted EBITDA for Renewables was $2 million in Q3 2024, down from $5 million in Q3 2023, despite record sales volumes of 69 million gallons [23] - Operating expenses per gallon reached the lowest level, with efforts focused on reducing high-cost inventories and increasing low CI feedstock mix [10][11] Marketing - Marketing segment EBITDA was $22 million in Q3 2024, up from $21 million in Q3 2023, driven by higher margins [24] - Added 22 net new branded sites in Q3 2024, with a total of 46 branded sites added year-to-date [11][12] Lubricants and Specialties - Lubricants and Specialties EBITDA was $76 million in Q3 2024, down from $118 million in Q3 2023, primarily due to a $27 million FIFO charge [24] - Underlying business improvements included increased sales volumes, sales mix optimization, and base oil integration [24] Midstream - Midstream adjusted EBITDA was $112 million in Q3 2024, up from $101 million in Q3 2023, driven by higher volumes and tariffs [25] - Record affiliate and third-party transportation volumes were achieved, supported by strong crude pipeline systems in the Rockies and Southwest [15] Market and Strategic Focus - The company returned $222 million to shareholders in Q3 2024 through share repurchases and dividends, with a total of $3.9 billion returned since the Sinclair acquisition in March 2022 [16][17] - The company is focused on improving reliability, optimizing its portfolio, and returning excess cash to shareholders [106][107] - Strategic initiatives include expanding the marketing business, optimizing the lubricants and specialties segment, and leveraging midstream assets for growth [12][13][78] Management Commentary on Market Conditions - Management highlighted the weakening global refining margins but emphasized the strength of the diversified portfolio, particularly in Marketing, Midstream, and Lubricants and Specialties [7] - The company remains committed to maintaining a strong balance sheet and investment-grade credit rating while returning cash to shareholders [17][31] - Management expects 2025 to be closer to mid-cycle margins, with demand outpacing supply and supportive market conditions [67][70] Q&A Session Highlights Cash Allocation and Balance Sheet Management - The company plans to maintain a strong balance sheet and continue returning cash to shareholders, with a focus on dividends and buybacks [31][32] Refining Operations and Reliability - Improved reliability and operational efficiency have contributed to lower operating expenses and higher throughput [34][35] Marketing Business Growth - The marketing business is seen as a key growth area, with strategic advantages in logistics and brand value [38][39][40] Lubricants and Specialties Performance - The lubricants business has shown resilience, with underlying growth driven by operational efficiencies and new product offerings [44][45][46] Renewable Diesel and Market Dynamics - The company is focused on optimizing feedstock and reducing costs in the renewable diesel business, with expectations of higher LCFS credit prices in 2025 [71][73] Midstream Growth Opportunities - Midstream is viewed as a growth engine, with opportunities for organic growth and potential bolt-on acquisitions [78][80][81] Demand and Market Outlook - Management expects demand to outpace supply in 2025, with regional advantages in the Pacific Northwest and Southwest [83][84][85] Refining Capture Rates - The company is focused on optimizing jet production, premium production, and heavy oil upgrading to improve refining capture rates [96][97] Inorganic Growth in Lubricants - While the focus is on organic growth, the company is open to bolt-on acquisitions in the fragmented lubricants market [100][102]

HF Sinclair (DINO) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $4.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75.86%. A quarter ago, it was expected that this independent energy company would post earnings of $0.72 per share when it actually produced earnings of $0.78, delivering a surprise of 8.33%.Over the last four quarters ...