Financial Data and Key Metrics Changes - The company reported a fourth quarter net loss attributable to shareholders of $28 million, or negative $0.16 per diluted share, reflecting special items that collectively decreased net income by $249 million [18] - Adjusted net income for the fourth quarter was $221 million, or $1.20 per diluted share, compared to an adjusted net loss of $191 million, or negative $1.02 per diluted share for the same period in 2024 [18] - Adjusted EBITDA for the fourth quarter was $564 million, compared to $28 million in the fourth quarter of 2024 [18] Business Line Data and Key Metrics Changes - In the refining segment, fourth quarter adjusted EBITDA was $403 million, compared to -$169 million in the fourth quarter of 2024, driven by higher adjusted refinery gross margins [19] - The marketing segment reported EBITDA of $22 million in the fourth quarter, compared to $21 million in the fourth quarter of 2024, primarily driven by higher margins [20] - The lubricants and specialty segment reported adjusted EBITDA of $43 million for the fourth quarter, compared to adjusted EBITDA of $70 million for the fourth quarter of 2024, due to lower finished and specialty product sales volumes and higher operating costs [21] Market Data and Key Metrics Changes - The company experienced seasonal weakness in its refining business, with fuel margins strongest in the first half of the quarter but weakening significantly towards the end [9] - Crude oil charge averaged 556,000 barrels per day for the fourth quarter, compared to 562,000 barrels per day for the fourth quarter of 2024 [20] Company Strategy and Development Direction - The company is focused on three key priorities: reliability, integration, and shareholder return, with significant progress reported in these areas [10] - A new joint venture, Green Trail Fuels, LLC, was formed to strengthen the company's branded marketing footprint in the Rockies and Southwest, allowing for accelerated growth of the Sinclair brand [13] - The company plans to spend approximately $650 million in sustaining capital and $125 million in growth capital investments across its segments for the full year 2026 [24] Management's Comments on Operating Environment and Future Outlook - Management expressed bullishness on refining margins for 2026, focusing on safe and reliable operations and continued growth in midstream lubricants and marketing segments [17] - The company anticipates a final investment decision for the first phase of its midstream refined products pipeline network expansion by mid-year [16] Other Important Information - The company returned $230 million through dividends and share repurchases in the fourth quarter, demonstrating a commitment to returning excess cash to shareholders [10] - Total liquidity stood at approximately $3 billion as of December 31, 2025, including a cash balance of $978 million [23] Q&A Session Summary Question: Can you provide color on the management change and the audit? - Management stated that they cannot comment further on the circumstances but view the situation as a buying opportunity [26] Question: What is the outlook for small refinery exemptions (SREs)? - Management indicated they intend to continue participating in the SRE program and appreciated the EPA's formulaic approach [27] Question: Can you clarify the impact of SREs on margins? - Management explained that the crack environment was strong in the first half of the quarter but weakened significantly in the second half, impacting margins [31] Question: What are the expected benefits of the new marketing joint venture? - Management expressed excitement about the joint venture, stating it would accelerate growth and capture synergies across integrated assets [33] Question: How is the refining reliability and integration journey progressing? - Management confirmed that strategies are in place to improve operational performance and reduce costs, with a goal of achieving $725 in operating costs per barrel [78]

HF Sinclair (NYSE:DINO) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker10Welcome to HF Sinclair Corporation's fourth quarter 2025 conference call and webcast. Hosting the call today is Franklin Myers, who is acting as temporary Chief Executive Officer of HF Sinclair. He is joined by Atanas Atanasov, Chief Financial Officer, Steve Ledbetter, EVP of Commercial, Valerie Pompa, EVP of Operations, and Matt Joyce, SVP of Lubricants and Specialties. At this time, all participants have been placed in a ...

HF Sinclair (DINO) came out with quarterly earnings of $1.2 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to a loss of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +171.49%. A quarter ago, it was expected that this independent energy company would post earnings of $1.94 per share when it actually produced earnings of $2.44, delivering a surprise of +25.77%.Over the last four quarter ...

HF Sinclair beats profit estimates, says CEO to take voluntary leave | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]HF Sinclair Corp logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[HF Sinclair Corp]FollowFeb 18 (Reuters) - HF Sinclair [(DINO.N), opens new tab] topped Wall Street estimates for fourth-quarter profit on Wednesday, ...

Press Release February 18, 2026 HF Sinclair Reports 2025 Fourth Quarter and Unaudited Full Year Results and Announces Regular Cash Dividend Fourth Quarter Full Year 2025 Dallas, Texas, February 18, 2026 ‑ HF Sinclair Corporation (NYSE and NYSE Texas, Inc.: DINO) ("HF Sinclair" or the "Company") today reported fourth quarter Net loss attributable to HF Sinclair stockholders of $28 million, or $(0.16) per diluted share, for the quarter ended December 31, 2025, compared to Net loss attributable to HF Sinclair ...

Core Insights - HF Sinclair Corporation reported a fourth quarter net loss attributable to stockholders of $28 million, or $(0.16) per diluted share, for the quarter ended December 31, 2025, showing an improvement compared to a net loss of $214 million, or $(1.14) per diluted share, for the same quarter in 2024 [1] Financial Performance - The company experienced a significant reduction in net loss, decreasing from $214 million in Q4 2024 to $28 million in Q4 2025, indicating a positive trend in financial performance [1]

DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE and NYSE Texas: DINO) (the "Company†or "HF Sinclair†) today announced that, on February 17, 2026, the Board of Directors of HF Sinclair (the "Board†) received a request from Mr. Tim Go, the Company's Chief Executive Officer and President, and a member of the Board, to take a voluntary leave of absence from his duties. The Board has accepted the request and, in a special meeting, elected the current Chairperson of the Board, Mr. Franklin My. ...

Core Insights - HF Sinclair is a significant player in the Zacks Oil and Gas - Refining and Marketing industry, with quarterly earnings set to be released on February 18, 2026, projecting an EPS of $0.44 and revenue of approximately $6.07 billion, which could influence short-term stock performance [1][6] Financial Performance - The company has a history of exceeding earnings expectations, with an average earnings surprise of 40.87% over the past two quarters, indicating strong performance potential [2][6] - Despite a projected revenue decline of 4.1% year-over-year, HF Sinclair is expected to report a substantial EPS increase of 143.1% compared to the same quarter last year [3][6] - The consensus EPS estimate has been revised downward by 35.8% in the last 30 days, which may affect investor sentiment and stock price [3] Valuation Metrics - HF Sinclair has a price-to-earnings (P/E) ratio of approximately 27.41, reflecting the price investors are willing to pay for each dollar of earnings [4] - The price-to-sales ratio stands at about 0.40, indicating the market values the company at 40 cents for every dollar of sales [4] - The enterprise value to sales ratio is approximately 0.47, and the enterprise value to operating cash flow ratio is around 10.81, suggesting a valuation over ten times its operating cash flow [5] - The debt-to-equity ratio is about 0.34, indicating a moderate level of debt relative to equity [5]

Core Viewpoint - HF Sinclair (DINO) is expected to report quarterly earnings of $0.44 per share, reflecting a year-over-year increase of 143.1%, while revenues are projected to be $6.23 billion, down 4.1% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 35.8% in the past 30 days, indicating a reassessment by analysts [1][2] Revenue Projections - Analysts estimate 'Sales and other revenues - Lubricants & Specialties' to reach $631.77 million, a year-over-year increase of 2.4% [4] - 'Sales and other revenues - Midstream' is expected to be $162.25 million, down 3.4% year-over-year [4] - 'Sales and other revenues - Marketing' is projected at $792.71 million, reflecting a year-over-year increase of 4.3% [4] - 'Sales and other revenues - Refining' is estimated to be $3.64 billion, indicating a significant year-over-year decline of 36.9% [5] - 'Sales and other revenues - Renewables' is expected to reach $169.63 million, down 28.7% year-over-year [5] Production Metrics - 'Mid-Continent Region - Sales of produced refined products' is projected at 271.03 thousand barrels per day, up from 238.23 thousand barrels per day year-over-year [6] - 'Consolidated - Sales of produced refined products' is expected to be 595.22 thousand barrels per day, slightly down from 596.80 thousand barrels per day year-over-year [6] - 'West Region - Sales of produced refined products' is estimated at 323.94 thousand barrels per day, down from 358.57 thousand barrels per day in the same quarter last year [7] - 'Consolidated - Refinery throughput' is projected at 603.30 thousand barrels per day, nearly unchanged from 603.70 thousand barrels per day year-over-year [8] - 'West Region - Refinery throughput' is expected to be 323.82 thousand barrels per day, down from 369.31 thousand barrels per day year-over-year [8] - 'Mid-Continent Region - Refinery throughput' is projected at 279.49 thousand barrels per day, up from 234.39 thousand barrels per day year-over-year [9] - 'Lubricants and Specialty products - Sales of produced refined products' is estimated at 29,760.90 thousand barrels per day, compared to 29,492.00 thousand barrels per day year-over-year [10] Stock Performance - Over the past month, HF Sinclair shares have increased by 20.4%, contrasting with a -1.7% change in the Zacks S&P 500 composite [11]

Core Viewpoint - HF Sinclair (DINO) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending December 2025, with the consensus outlook indicating a significant earnings picture that could influence the stock price in the near term [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on February 18, and if the key numbers exceed expectations, the stock may rise; conversely, a miss could lead to a decline [2]. - The consensus estimate for quarterly earnings is projected at $0.44 per share, reflecting a year-over-year increase of +143.1%, while revenues are expected to be $6.23 billion, down 4.1% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 42.37%, indicating a reassessment by analysts of their initial estimates [4]. - The Most Accurate Estimate for HF Sinclair aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [12]. Earnings Surprise History - In the last reported quarter, HF Sinclair was expected to post earnings of $1.94 per share but exceeded this with actual earnings of $2.44, resulting in a surprise of +25.77% [13]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [14]. Predictive Indicators - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold), with research indicating a nearly 70% success rate for this combination [10]. - HF Sinclair currently holds a Zacks Rank of 3, making it challenging to predict a definitive earnings beat [12].