Here's What Key Metrics Tell Us About HF Sinclair (DINO) Q1 Earnings

Core Insights - HF Sinclair reported $6.37 billion in revenue for Q1 2025, a year-over-year decline of 9.4% and below the Zacks Consensus Estimate of $7.08 billion, resulting in a surprise of -10.06% [1] - The company posted an EPS of -$0.27, compared to $0.71 a year ago, with an EPS surprise of +34.15% against a consensus estimate of -$0.41 [1] Financial Performance Metrics - The average adjusted refinery gross margin per produced barrel was $9.12, exceeding the analyst estimate of $8.83 [4] - In the Mid-Continent Region, the average adjusted refinery gross margin was $7.6, above the estimate of $6.51 [4] - In the West Region, the average adjusted refinery gross margin was $10.19, slightly below the estimate of $10.37 [4] - Total sales of produced refined products were 621.79 million barrels per day, lower than the estimated 632.28 million barrels per day [4] - In the West Region, sales were 366.43 million barrels per day, below the estimate of 379.19 million barrels per day [4] - In the Mid-Continent Region, sales were 255.36 million barrels per day, slightly above the estimate of 253.09 million barrels per day [4] Revenue Breakdown - Lubricants & Specialties generated $638 million, surpassing the estimate of $562.35 million, but reflecting a year-over-year decline of 5.9% [4] - Midstream revenues were $156 million, below the estimate of $167.63 million [4] - Marketing revenues were $686 million, compared to the estimate of $745.45 million, showing an 11.6% year-over-year decline [4] - Refining revenues were $5.65 billion, exceeding the estimate of $4.26 billion, but down 8.9% year-over-year [4] - Renewables generated $190 million, above the estimate of $114.32 million, representing a year-over-year decline of 20.7% [4] - Corporate, Other and Eliminations reported -$951 million, better than the estimate of -$1.07 billion, with a year-over-year change of -7.3% [4] Stock Performance - HF Sinclair's shares have returned -10.5% over the past month, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]