HF Sinclair (DINO) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - HF Sinclair reported $7.25 billion in revenue for Q3 2025, a year-over-year increase of 0.6%, with an EPS of $2.44 compared to $0.51 a year ago, exceeding Zacks Consensus Estimates for revenue and EPS [1] - The company demonstrated strong performance metrics, with a stock return of +3.8% over the past month, outperforming the S&P 500 composite's +3.6% change, and holds a Zacks Rank 1 (Strong Buy) [3] Financial Performance - Revenue of $7.25 billion surpassed the Zacks Consensus Estimate of $7.02 billion, resulting in a surprise of +3.33% [1] - EPS of $2.44 exceeded the consensus estimate of $1.94, leading to an EPS surprise of +25.77% [1] - Consolidated average per produced barrel adjusted refinery gross margin was $19.16, above the $16.42 average estimate [4] - Sales of produced refined products totaled 661.14 million barrels, slightly below the estimated 667.52 million barrels [4] Regional Performance - In the West Region, the average per produced barrel adjusted refinery gross margin was $20.38, exceeding the estimated $18.05 [4] - Mid-Continent Region sales of produced refined products reached 281.04 million barrels, surpassing the estimate of 275.08 million barrels [4] - Average per produced barrel adjusted refinery gross margin in the Mid-Continent Region was $17.5, compared to the $14.12 estimate [4] Revenue Breakdown - Sales and other revenues from lubricants and specialties were $655 million, below the estimate of $704.88 million, reflecting a year-over-year decline of -4.5% [4] - Midstream revenues were $160 million, slightly below the estimated $165.38 million, representing a -2.4% change year-over-year [4] - Marketing revenues were $898 million, slightly above the estimate of $893.54 million, with a year-over-year change of -5.5% [4] - Refining revenues were reported at $6.44 billion, exceeding the estimate of $4.4 billion, with a +1% change year-over-year [4] - Renewables revenues reached $277 million, significantly above the estimate of $170.97 million, marking a +4.4% change year-over-year [4] - Corporate, Other and Eliminations reported revenues of -$1.18 billion, slightly below the estimate of -$1.15 billion, reflecting a -4.7% change year-over-year [4]