HF Sinclair (DINO) Completes Acquisition of Industrial Oils Unlimited

Core Viewpoint - HF Sinclair Corporation has successfully completed the acquisition of Industrial Oils Unlimited for $38 million, enhancing its position in the lubricants and specialty fluids market [2][3]. Group 1: Acquisition Details - The acquisition of Industrial Oils Unlimited was first announced in December 2025 and has now been finalized after meeting all closing conditions [2]. - This strategic acquisition is expected to combine strengths and deliver greater value to customers, enhancing HF Sinclair's Lubricants & Specialties segment [3]. Group 2: Market Impact and Analyst Upgrade - Piper Sandler analyst Ryan Todd upgraded HF Sinclair's stock from 'Neutral' to 'Overweight', raising the price target from $64 to $68, indicating a potential upside of over 34% [3]. - The company may benefit from the arrival of cheaper Venezuelan crude in the US Gulf Coast, which could lead to higher margins by reducing prices for US buyers [4].