STOCK TITAN

HF Sinclair Corporation - $DINO STOCK NEWS

Welcome to our dedicated page for HF Sinclair Corporation news (Ticker: $DINO), a resource for investors and traders seeking the latest updates and insights on HF Sinclair Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HF Sinclair Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HF Sinclair Corporation's position in the market.

Rhea-AI Summary
HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced the approval of the Agreement and Plan of Merger by HEP unitholders and HF Sinclair stockholders. The Merger involves the issuance of shares of common stock of HF Sinclair pursuant to the Merger Agreement. The expected closing date of the Merger is December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
-
Rhea-AI Summary
HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced that $880,229,000 in HEP Notes have been tendered and not withdrawn in connection with the private exchange offers and consent solicitations. The Early Participation Exchange Consideration for the 6.375% Senior Notes due 2027 is $1,000 principal amount of HF Sinclair’s 6.375% Senior Notes due 2027 and $1.00 in cash, and for the 5.000% Senior Notes due 2028 is $1,000 principal amount of HF Sinclair’s 5.000% Senior Notes due 2028 and $1.00 in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
-
Rhea-AI Summary
HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced that $880,229,000 in aggregate principal amount of outstanding HEP Notes have been validly tendered and not withdrawn in connection with private exchange offers and related consent solicitations. The Early Participation Exchange Consideration for each $1,000 principal amount of such HEP Notes is to be paid in cash and HF Sinclair's Senior Notes due 2027 and 2028. The deadline for tendering HEP Notes has been extended to the Expiration Date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
Rhea-AI Summary
HF Sinclair Corporation reported net income of $790.9 million for Q3 2023, compared to $954.4 million in Q3 2022. Adjusted net income was $760.4 million. The company returned $669.2 million to stockholders through dividends and share repurchases. Refining segment income decreased by 32%, while the renewables segment reported a profit of $3.1 million compared to a loss of $49.3 million in the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
dividends earnings
-
Rhea-AI Summary
Holly Energy Partners, L.P. (HEP) reported net income of $63.0 million ($0.50 per unit) for Q3 2023, compared to $42.0 million ($0.33 per unit) for Q3 2022. Quarterly distribution declared at $0.35 per unit. Revenues for Q3 2023 were $158.4 million, an increase of $9.4 million compared to Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
-
Rhea-AI Summary
HF Sinclair Corporation and Holly Energy Partners have announced the commencement of private offers to exchange notes previously issued by HEP and Finance Corp. HF Sinclair will issue new notes in exchange for the HEP Notes. The Exchange Offers are subject to certain conditions and will expire on November 29, 2023. Eligible Holders who tender their HEP Notes by November 13, 2023, will receive greater consideration. The Proposed Amendments to the HEP Indentures will become effective if participation in the Exchange Offer exceeds 50% of the outstanding principal amount of each series of HEP Notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
Tags
none
Rhea-AI Summary
HF Sinclair Corporation and Holly Energy Partners have announced the commencement of private exchange offers for notes previously issued by HEP and Finance Corp. HF Sinclair is offering new notes in exchange for HEP Notes. The exchange offers are subject to certain conditions and the New Notes will have the same terms as the corresponding HEP Notes. The exchange offers expire on November 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
Tags
none
-
Rhea-AI Summary
Holly Energy Partners declares cash distribution of $0.35 per common unit for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
Rhea-AI Summary
HF Sinclair Corporation and Holly Energy Partners, L.P. to announce Q3 2023 results on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
Rhea-AI Summary
Holly Energy Partners and HF Sinclair Corporation will announce their Q3 2023 results on November 2, 2023. A joint webcast conference will be held to discuss financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
HF Sinclair Corporation

NYSE:DINO

DINO Rankings

DINO Stock Data

10.95B
180.32M
9.18%
76.04%
5.18%
Petroleum Refineries
Manufacturing
Link
United States of America
DALLAS