Distillate Deficit: How DINO is Positioned to Profit From Strong Margins
Key Takeaways DINO sees a favorable refining environment supported by strong fundamentals and distillate demand.The company focuses on producing diesel and jet fuel as falling distillate supply lifts prices.HF Sinclair notes low inventories, solid utilization and global outages are aiding refining margins.HF Sinclair Corporation (DINO) is a well-known operator of refineries located in Wyoming, Oklahoma, Washington, New Mexico, Utah and Kansas. On its third-quarter earnings call, DINO expressed optimism abou ...