HF Sinclair(DINO)

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HF Sinclair(DINO) - 2025 Q1 - Quarterly Results
2025-05-01 11:22
Financial Performance - Reported net loss attributable to HF Sinclair stockholders of $4 million, or $(0.02) per diluted share, compared to net income of $315 million, or $1.57 per diluted share, for Q1 2024 [2] - Adjusted EBITDA for Q1 2025 was $201 million, a 50% decrease from $399 million in Q1 2024 [15] - The company reported a net income before income taxes of $39 million for Q1 2025, compared to $402 million in Q1 2024, indicating a significant decrease in profitability [25] - EBITDA for Q1 2025 was $262 million, a significant decrease from $617 million in Q1 2024, with adjusted EBITDA at $201 million compared to $399 million in the prior year [49] - Consolidated net income attributable to HF Sinclair stockholders was $(4) million in Q1 2025, compared to $315 million in Q1 2024, a significant decline [64] - Adjusted net income attributable to HF Sinclair stockholders was $(50) million in Q1 2025, down from $142 million in Q1 2024, indicating a decrease of 135.2% [64] - For the three months ended March 31, 2025, the income (loss) before income taxes was $(1) million, compared to $402 million in 2024 [65] Segment Performance - Refining segment loss before interest and income taxes was $30 million for Q1 2025, down from income of $312 million in Q1 2024, with adjusted refinery gross margin decreasing by 28% to $9.12 per barrel [3] - Renewables segment reported a loss before interest and income taxes of $39 million for Q1 2025, unchanged from Q1 2024, with total sales volumes dropping to 44 million gallons from 61 million gallons [4] - Marketing segment income before interest and income taxes increased to $20 million in Q1 2025 from $9 million in Q1 2024, driven by higher margins despite a decrease in total branded fuel sales volumes [5] - Lubricants & Specialties segment income before interest and income taxes was $63 million for Q1 2025, slightly down from $65 million in Q1 2024, with EBITDA of $85 million compared to $87 million [6] - Midstream segment income before interest and income taxes decreased to $63 million in Q1 2025 from $92 million in Q1 2024, but adjusted EBITDA increased to $119 million from $110 million [9] Revenue and Sales - Total sales and other revenues for Q1 2025 were $6.37 billion, a 9% decrease from $7.03 billion in Q1 2024 [15] - Refining segment revenues from external customers totaled $4,923 million for the three months ended March 31, 2025, compared to $5,373 million in the same period of 2024, representing a decrease of 8.4% [25] - The Marketing segment generated revenues of $686 million in Q1 2025, compared to $776 million in Q1 2024, marking a decrease of 11.6% [25] - The Lubricants & Specialties segment reported revenues of $638 million for Q1 2025, a decrease from $676 million in Q1 2024, representing a decline of 5.6% [25] - Renewables segment's sales and other revenues fell to $190 million in Q1 2025 from $239 million in Q1 2024, a decrease of 20.5% [58] Operational Metrics - Cash and cash equivalents decreased to $547 million as of March 31, 2025, down from $800 million at December 31, 2024 [17] - Total capital expenditures for the three months ended March 31, 2025, were $86 million, slightly down from $89 million in the same period of 2024 [25] - Consolidated refinery throughput increased to 646,580 BPD in Q1 2025 from 643,300 BPD in Q1 2024, reflecting a utilization rate of 89.4% [32] - Total volumes for midstream operations decreased slightly to 1,991,842 BPD in Q1 2025 from 1,996,453 BPD in Q1 2024 [45] Margins and Costs - Adjusted refinery gross margin per produced barrel sold in the Mid-Continent region was $7.60 for Q1 2025, down from $10.47 in Q1 2024, indicating a decline of 27.5% [30] - Adjusted refinery gross margin decreased to $9.12 per barrel in Q1 2025 from $12.70 per barrel in Q1 2024, with operating expenses per throughput barrel at $7.95 [32] - Operating expenses in the renewables segment increased to $0.52 per gallon in Q1 2025 from $0.43 in Q1 2024, leading to an adjusted renewables gross margin, less operating expenses, of $(0.36) [35] - The marketing segment reported a gross margin of $0.09 per gallon sold in Q1 2025, up from $0.05 in Q1 2024, with 1,664 branded sites at period end [39] - Marketing segment's adjusted gross margin per gallon sold increased to $0.12 in Q1 2025 from $0.07 in Q1 2024, an increase of 71.4% [61] Dividends and Taxation - The company declared a regular quarterly dividend of $0.50 per share, totaling $95 million, payable on June 3, 2025 [11] - The income tax expense for the same period in 2025 was $1 million, resulting in an effective tax rate of (205.2)% for GAAP financial statements, compared to 21.3% in 2024 [65] - The adjusted effective tax rate for non-GAAP results was 22.6% in 2025, slightly up from 21.5% in 2024 [65] - The effect of non-GAAP adjustments contributed to an increase in the effective tax rate by 227.8% in 2025, compared to only 0.2% in 2024 [65]
Earnings Preview: HF Sinclair (DINO) Q1 Earnings Expected to Decline
ZACKS· 2025-04-24 15:09
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for HF Sinclair despite higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - The earnings report is expected on May 1, 2025, with an anticipated EPS of $0.59, reflecting a -16.9% change year-over-year, while revenues are projected at $7.08 billion, a 0.8% increase from the previous year [3]. - The consensus EPS estimate has been revised 1.05% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that recent analyst revisions may provide more accurate predictions [6]. - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, with a historical success rate of nearly 70% for such combinations [8]. Current Position of HF Sinclair - For HF Sinclair, the Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, making it challenging to predict an earnings beat [10][11]. - The company currently holds a Zacks Rank of 3, indicating a neutral position in terms of expected performance [11]. Historical Performance - HF Sinclair has beaten consensus EPS estimates three out of the last four quarters, although it missed expectations in the most recent quarter with a loss of $1.02 compared to an expected loss of $0.91, resulting in a -12.09% surprise [12][13]. Conclusion - While HF Sinclair does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].
HF Sinclair(DINO) - 2024 Q4 - Annual Report
2025-02-20 19:43
Mergers and Acquisitions - HF Sinclair completed the HEP Merger Transaction on December 1, 2023, converting HEP common units into 0.315 shares of HF Sinclair common stock and $4.00 in cash, totaling $268 million in cash consideration[38]. - The merger resulted in the issuance of 21,072,326 shares of HF Sinclair common stock from treasury stock[39]. - HF Sinclair acquired REH Company's refining, branded marketing, renewables, and midstream businesses, including approximately 1,200 miles of integrated crude and refined product pipeline and 5 million barrels of operated storage[41]. - HF Sinclair incurred $24 million in incremental direct acquisition and integration costs related to the HEP Merger Transaction for the year ended December 31, 2023[503]. - HF Sinclair issued 60,230,036 shares of common stock valued at approximately $2,149 million to REH Company as part of the HFC Transaction[506]. - The aggregate transaction value for the HFC Transaction was reduced to approximately $2,072 million after a $78 million cash payment from REH Company[506]. - HEP completed its acquisition of Sinclair Transportation Company LLC for $329 million, which included cash consideration and final working capital adjustments[506]. - The HEP Merger Transaction was accounted for as an equity transaction, with no gain or loss recognized in the consolidated statements of income[502]. Company Overview - HF Sinclair is an independent energy company producing high-value light products such as gasoline, diesel fuel, jet fuel, and renewable diesel[37]. - The company was incorporated in 1947 and is headquartered in Dallas, Texas, with its common stock traded on the New York Stock Exchange under the symbol "DINO"[37]. - As of December 31, 2024, HF Sinclair's operations were organized into five reportable segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream[42]. - The company operates a renewable diesel unit in Sinclair, Wyoming, contributing to its renewables segment[41]. - The corporate office is located in Dallas, Texas, overseeing corporate and segment management, planning, and strategy[92]. Financial Performance - Sales and other revenues for the year ended December 31, 2024, were $28,580 million, down from $31,964 million in 2023, representing a decrease of about 10%[483]. - The net income attributable to HF Sinclair stockholders for 2024 was $177 million, a significant drop from $1,590 million in 2023, indicating a decline of approximately 89%[483]. - Basic earnings per share attributable to HF Sinclair stockholders fell to $0.91 in 2024 from $8.29 in 2023, a decrease of about 89%[483]. - The company's total assets decreased from $17,716 million in 2023 to $16,643 million in 2024, reflecting a decline of approximately 6%[480]. - The total equity attributable to HF Sinclair stockholders decreased from $10,169 million in 2023 to $9,278 million in 2024, a decline of approximately 9%[480]. - The company reported a comprehensive income attributable to HF Sinclair stockholders of $142 million for 2024, down from $1,600 million in 2023, indicating a decrease of about 91%[487]. - Net income for 2024 was $184 million, a significant decrease from $1,711 million in 2023 and $3,041 million in 2022[491]. - Net cash provided by operating activities decreased to $1,110 million in 2024 from $2,297 million in 2023, reflecting a decline of approximately 52%[491]. - Cash and cash equivalents at the end of 2024 were $800 million, down from $1,354 million in 2023[491]. - Operating costs and expenses for 2024 totaled $28,319 million, down from $29,761 million in 2023, reflecting a decrease of about 5%[483]. - The company declared dividends of $2.00 per common share in 2024, totaling $386 million, up from $341 million in 2023[495]. Operational Capacity - The combined crude oil processing capacity of HF Sinclair's seven complex refineries is 678,000 BPSD, allowing for the conversion of discounted, heavy, or sour crude oils into high-value refined products[43]. - The El Dorado Refinery has a processing capacity of 135,000 BPSD and is capable of processing significant volumes of heavy and sour crudes[46]. - The Navajo Refinery has a crude oil processing capacity of 100,000 BPSD, while the Woods Cross Refinery has a capacity of 45,000 BPSD[56]. - The Puget Sound Refinery has a processing capacity of 149,000 BPSD and is strategically positioned to source Canadian and Alaskan North Slope crudes[60][66]. - The Cheyenne RDU has a production capacity of approximately 90 million gallons per year, while the Artesia RDU has a capacity of approximately 135 million gallons per year[74]. - The Sinclair RDU produces approximately 153 million gallons of renewable diesel annually, operational since 2018[74]. Environmental and Regulatory Compliance - The company emphasizes the importance of addressing climate change and greenhouse gas emissions in its operations[12]. - HF Sinclair's operational strategies include compliance with evolving governmental and environmental regulations[12]. - The company is subject to the EPA's regulations requiring a reduction in annual average gasoline sulfur content from 30 parts per million (ppm) to 10 ppm, which may lead to substantial capital expenditures[118]. - In June 2023, the EPA finalized Renewable Volume Obligations (RVOs) for conventional renewable fuel, increasing obligations annually through 2025[120]. - The California Air Resources Board adopted amendments to the Low Carbon Fuel Standard (LCFS) program, increasing carbon intensity reduction targets from 20% to 30% by 2030[123]. - The Oregon Clean Fuels Program mandates a 10% reduction in average carbon intensity from 2015 levels by 2025, followed by a 20% reduction by 2030[124]. - The New Mexico Clean Transportation Fuel Standard requires a 20% reduction in carbon intensity from the 2018 baseline by 2030, with rules to be finalized by July 1, 2026[126]. - The company benefits from the demand for low-carbon transportation fuels due to its Renewables segment, which produces fuels with lower carbon intensity scores[127]. - The company may incur significant costs related to compliance with air pollution control regulations and monitoring requirements, which could impact operational expenditures[117]. - The company is facing potential increased compliance costs due to proposed legislation in Washington that would require detailed market information reporting[119]. - The company is subject to ongoing litigation risks related to the EPA's decisions on small refinery exemptions, which could affect compliance costs and operational results[121]. - The company is subject to various environmental regulations, including the Canadian Environmental Protection Act and the Oil Pollution Act, which may necessitate additional expenditures in future years[150][149]. - The EPA has proposed new regulations regarding PFAS chemicals, which could impact the company's operations and compliance costs[147]. - The company maintains a comprehensive safety program to comply with OSHA and other health and safety regulations, which requires substantial expenditures[153]. - The company is involved in various legal proceedings related to environmental compliance, which may result in additional costs[151]. - Regulatory trends towards more stringent emission requirements are expected to continue at federal, provincial, and local levels[150]. Workforce and Employee Development - As of December 31, 2024, the company had 5,297 employees, with 4,428 in the United States, 665 in Canada, and 204 in Europe[94]. - Approximately 18% of the total employees identified as female, while 82% identified as male; 25% identified as part of diverse racial or ethnic groups[96]. - The company invested $13 million in employee training and development programs in fiscal year 2024[101]. - Over the past five years, the Occupational Safety and Health Administration (OSHA) combined total recordable incident rate declined by 60%[99]. - The company has five employee resource groups focused on inclusion and talent development[97]. - The company has experienced no material interruptions of operations due to disputes with employees, maintaining positive relationships with local unions[94]. - Approximately 6.4% of the U.S. workforce are veterans and reservists of the U.S. armed forces[96]. Financial Position and Liabilities - The company's total current liabilities increased from $2,775 million in 2023 to $3,043 million in 2024, an increase of approximately 10%[480]. - The company reported a loss of $43 million in lower of cost or market inventory valuation adjustments in 2024, compared to a gain of $271 million in 2023[491]. - The company experienced a net cash used for investing activities of $468 million in 2024, compared to $371 million in 2023[491]. - The company had an accrual of $190 million related to environmental liabilities as of December 31, 2024[151]. - The company faces risks from potential tariffs announced by the US Government, which could impact costs and operational results[510].
HF Sinclair(DINO) - 2024 Q4 - Earnings Call Transcript
2025-02-20 18:27
Financial Data and Key Metrics Changes - For Q4 2024, HF Sinclair reported a net loss attributable to shareholders of $214 million, or negative $1.14 per share, compared to an adjusted net income of $165 million, or $0.87 per share in Q4 2023 [19][20] - Adjusted EBITDA for Q4 2024 was $28 million, a significant decrease from $428 million in Q4 2023 [20] - The refining segment's adjusted EBITDA was negative $169 million in Q4 2024, down from $276 million in Q4 2023, primarily due to lower refinery gross margins and reduced refined product sales volumes [20][21] Business Line Data and Key Metrics Changes - In the refining segment, annual adjusted operating expenses were reduced to 7.98% per throughput barrel, a decrease of $0.37% year-over-year [11] - The renewables segment reported adjusted EBITDA of negative $9 million for Q4 2024, compared to negative $3 million in Q4 2023, impacted by high-priced inventory drawdown [22] - The marketing segment achieved record annual EBITDA of $75 million, a 23% increase over 2023, with a net growth of 87 branded sites [13] - The lubricants and specialties segment reported adjusted EBITDA of $70 million for Q4 2024, up from $57 million in Q4 2023, driven by strong sales volumes and product mix optimization [23] - The midstream segment reported adjusted EBITDA of $114 million in Q4 2024, compared to $110 million in Q4 2023, reflecting higher revenues from increased tariffs [24] Market Data and Key Metrics Changes - Crude oil charge averaged 562,000 barrels per day in Q4 2024, down from 614,000 barrels per day in Q4 2023, primarily due to a turnaround at the El Dorado refinery [21] - Total sales volumes in the renewables segment were 62 million gallons in Q4 2024, slightly down from 63 million gallons in Q4 2023 [22] Company Strategy and Development Direction - The company focuses on three strategic priorities: improving reliability, optimization and integration, and commitment to shareholder returns [7][10] - The company aims to grow its branded sites by 10% annually and continues to see strategic value in integrating the DINO brand into its portfolio [13][14] - The company is committed to maintaining a strong balance sheet while returning over $1 billion to shareholders in 2024 through dividends and share repurchases [10][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recent uptick in refining indicator margins and believes the company is well-positioned to capture anticipated rebounds in cracks during the driving season [17] - The management highlighted the importance of reliability and efficiency improvements in achieving cost reduction targets [62][67] - The company remains focused on maximizing shareholder value through organic growth and potential small bolt-on acquisitions in the lubricants and specialties business [45][131] Other Important Information - The company declared a regular quarterly dividend of $0.50 per share, payable on March 20, 2025 [17] - As of December 31, 2024, total liquidity stood at approximately $3.3 billion, including a cash balance of $800 million [25] Q&A Session Summary Question: Understanding leverage to the West Coast market - Management noted that recent unplanned events and heavy turnaround seasons have improved market fundamentals, benefiting the Puget Sound refinery and other supply points [30][32] Question: Growth in the marketing business - Management indicated that the marketing segment is a significant untapped value from the Sinclair acquisition, with plans for organic growth and a net addition of 87 stores [34][35] Question: Outlook for the lubricants business - Management acknowledged a down cycle in the base oil market but expressed optimism for recovery, expecting to return to a $350 million run-rate in 2025 [39][42] Question: Return of capital strategy - Management reaffirmed commitment to a long-term capital return strategy of 50% to shareholders, with confidence in meeting this target as margins improve [72][74] Question: Small refinery exemptions - Management discussed the uncertainty surrounding small refinery exemptions and the potential for favorable rulings in the future [120][121] Question: Optionality in the lubricants business - Management clarified that the lubricants business is independent, providing flexibility for growth, acquisitions, or monetization [131]
HF Sinclair (DINO) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2025-02-20 13:40
HF Sinclair (DINO) came out with a quarterly loss of $1.02 per share versus the Zacks Consensus Estimate of a loss of $0.91. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.09%. A quarter ago, it was expected that this independent energy company would post earnings of $0.29 per share when it actually produced earnings of $0.51, delivering a surprise of 75.86%.Over the last four quarters, ...
HF Sinclair(DINO) - 2024 Q4 - Annual Results
2025-02-20 11:34
Financial Performance - Reported net loss attributable to HF Sinclair stockholders of $214 million, or $(1.14) per diluted share, for Q4 2024, compared to a net loss of $62 million, or $(0.34) per diluted share, for Q4 2023[3] - Adjusted net loss for Q4 2024 was $191 million, or $(1.02) per diluted share, compared to adjusted net income of $165 million, or $0.87 per diluted share, for Q4 2023[3] - Net loss attributable to HF Sinclair stockholders for the three months ended December 31, 2024, was $214 million, an increase of $152 million or 245% compared to a net loss of $62 million in 2023[17] - Net income attributable to HF Sinclair stockholders for the year ended December 31, 2024, was $177 million, a decrease of $1,413 million or 89% compared to $1,590 million in 2023[18] - The company reported a net income attributable to HF Sinclair stockholders of $177 million for the year ended December 31, 2024, compared to $1,590 million in 2023, a decrease of 88.89%[55] Revenue and Sales - Sales and other revenues for the three months ended December 31, 2024, were $6,500 million, a decrease of $1,160 million or 15% compared to $7,660 million in 2023[17] - Revenues from external customers for Q4 2024 were $6,500 million, a decrease from $7,660 million in Q4 2023, representing a decline of 15.1%[28] - Revenues from external customers for the year ended December 31, 2024, totaled $28,580 million, a decrease from $31,964 million in 2023, representing a decline of approximately 10.5%[29] - Refining segment sales and other revenues decreased to $5,776 million in Q4 2024 from $6,863 million in Q4 2023, representing a decline of 15.8%[64] - Marketing segment sales and other revenues decreased to $760 million in Q4 2024 from $909 million in Q4 2023, a decline of 16.4%[70] Costs and Expenses - Total operating costs and expenses for the three months ended December 31, 2024, were $6,725 million, a decrease of $1,013 million or 13% compared to $7,738 million in 2023[17] - The cost of materials and other for Q4 2024 was $5,747 million, compared to $6,471 million in Q4 2023, indicating a reduction of 11.2%[28] - Operating expenses for Q4 2024 totaled $656 million, up from $629 million in Q4 2023, reflecting an increase of 4.3%[28] - The cost of sales for 2024 was $27,023 million, compared to $28,493 million in 2023, indicating a reduction of about 5.2%[29] EBITDA and Margins - Reported EBITDA of $9 million and adjusted EBITDA of $28 million for Q4 2024[4] - Adjusted refinery gross margin was $6.68 per produced barrel sold, a 51% decrease compared to $13.58 for Q4 2023[5] - Adjusted refinery gross margin for 2024 was $8.21, compared to $17.31 in 2023, showing a decrease of approximately 52.6%[33] - Adjusted refinery gross margin for Q4 2024 was $366 million, down 55.5% from $822 million in Q4 2023[64] - Adjusted EBITDA for the year ended December 31, 2024, was $1,149 million, compared to $3,208 million in 2023, reflecting a decrease of 64.2%[55] Shareholder Returns - Returned over $1 billion in cash to shareholders through share repurchases and dividends during 2024[4] - Announced a regular quarterly dividend of $0.50 per share, payable on March 20, 2025[11] - Cash dividends declared per common share increased to $2.00 in 2024, up from $1.80 in 2023, representing an increase of 11%[18] Segment Performance - Midstream segment income before interest and income taxes was $97 million for Q4 2024, compared to $87 million for Q4 2023[9] - The Renewables segment experienced a loss before interest and income taxes of $91 million for the year ended December 31, 2024, compared to a loss of $133 million in 2023[59] - The Marketing segment's EBITDA increased to $75 million for the year ended December 31, 2024, up from $61 million in 2023, representing a growth of 22.95%[60] - The Lubricants & Specialties segment achieved an Adjusted EBITDA of $70 million for the three months ended December 31, 2024, compared to $57 million in the same period of 2023, an increase of 22.8%[61] Cash and Liquidity - Cash and cash equivalents totaled $800 million at December 31, 2024, a decrease of $554 million compared to $1,354 million at December 31, 2023[10] - Total assets as of December 31, 2024, were $16,643 million, a decrease of $1,073 million or 6% compared to $17,716 million in 2023[20] - Total debt as of December 31, 2024, was $2,638 million, a slight decrease from $2,739 million in 2023[20] Operational Metrics - Refining segment loss before interest and income taxes was $332 million for Q4 2024, compared to a loss of $75 million for Q4 2023[5] - The refinery utilization rate for Q4 2024 was 84.2%, down from 99.8% in Q4 2023, indicating a decline of about 15.6%[33] - Crude charge for the consolidated segment decreased to 562,020 BPD in Q4 2024 from 614,160 BPD in Q4 2023, representing a decline of 8.5%[35] - Refinery throughput for the consolidated segment was 603,700 BPD in Q4 2024, down from 664,390 BPD in Q4 2023, a decrease of 9.1%[35] Taxation - The effective tax rate for GAAP financial statements for the year ended December 31, 2024, was 15.6%, down from 20.5% in 2023[76] - The adjusted effective tax rate for the three months ended December 31, 2024, was 10.4%, compared to 14.7% for the same period in 2023[76] - The GAAP income tax expense for the year ended December 31, 2024, was $34 million, compared to $442 million in 2023[76]
HF Sinclair (DINO) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-02-19 15:20
Core Viewpoint - HF Sinclair (DINO) is expected to report a quarterly loss of $0.91 per share, reflecting a significant decline of 204.6% year over year, with revenues projected at $6.94 billion, a decrease of 9.4% compared to the previous year [1]. Financial Estimates - Analysts predict 'Sales and other revenues - Lubricants and Specialty Products' to be $603.04 million, indicating an 8.4% decline from the prior-year quarter [4]. - The estimated 'Sales and other revenues - Refining' is projected at $3.80 billion, showing a substantial decrease of 44.7% year over year [4]. - 'Sales and other revenues - Corporate, Other and Eliminations' is expected to reach -$1.15 billion, suggesting a drastic change of -193.9% year over year [5]. - 'Sales and other revenues - Renewables' is forecasted at $185.55 million, reflecting a decline of 35.3% from the prior-year quarter [5]. Production Metrics - The 'Mid-Continent Region - Sales of produced refined products (BPD)' is estimated to be 225.32 million barrels per day, down from 289.47 million barrels per day in the previous year [6]. - The 'Consolidated - Average per produced barrel - Refinery gross margin' is expected to be $6.76, compared to $13.88 per barrel in the same quarter last year [7]. - 'Consolidated - Sales of produced refined products (BPD)' is projected at 598.37 million barrels per day, down from 658.9 million barrels per day year over year [7]. - 'Consolidated - Refinery throughput (BPD)' is expected to be 605.53 million barrels per day, compared to 664.39 million barrels per day in the same quarter of the previous year [9]. Market Performance - HF Sinclair shares have seen a change of +4.6% over the past month, slightly underperforming the +4.7% move of the Zacks S&P 500 composite [11].
Curious about HF Sinclair (DINO) Q4 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-02-17 15:20
Analysts on Wall Street project that HF Sinclair (DINO) will announce quarterly loss of $0.91 per share in its forthcoming report, representing a decline of 204.6% year over year. Revenues are projected to reach $6.94 billion, declining 9.4% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 62.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.P ...
HF Sinclair Announces Pricing Terms of Cash Tender Offer of Debt Securities
Prnewswire· 2025-01-24 17:30
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 ...
HF Sinclair Announces Early Results of Cash Tender Offer of Debt Securities
Prnewswire· 2025-01-24 01:12
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 ...