These Analysts Slash Their Forecasts On HF Sinclair After Q1 Results

Core Viewpoint - HF Sinclair Corporation reported mixed first-quarter 2025 results, with an adjusted net loss of $50 million, or 27 cents per share, which was better than Wall Street's expectation of a 44-cent loss. Revenue declined 9.4% year-over-year to $6.37 billion, falling short of the consensus estimate of $6.67 billion [1]. Group 1: Financial Performance - The company experienced an adjusted net loss of $50 million, equating to 27 cents per share, which exceeded Wall Street's expectation of a 44-cent loss [1]. - First-quarter revenue decreased by 9.4% year-over-year, totaling $6.37 billion, which was below the consensus estimate of $6.67 billion [1]. Group 2: Management Commentary - CEO Tim Go highlighted strong performance in Marketing, Midstream, and Lubricants & Specialties businesses, along with sequential improvement in Refining, despite market challenges and tariff uncertainties. The company is optimistic about recent improvements in refining margins and is focused on executing strategic priorities across all business segments [2]. Group 3: Stock Performance and Analyst Ratings - Following the earnings announcement, HF Sinclair shares increased by 2%, trading at $31.89 [2]. - Piper Sandler analyst Ryan Todd maintained an Overweight rating on HF Sinclair but lowered the price target from $46 to $40. Wells Fargo analyst Roger Read maintained an Equal-Weight rating and reduced the price target from $44 to $34 [8].