Welcome to our dedicated page for HF Sinclair news (Ticker: DINO), a resource for investors and traders seeking the latest updates and insights on HF Sinclair stock.
HF Sinclair Corporation (NYSE: DINO) is a leading integrated energy company specializing in petroleum refining, renewable diesel production, and logistics infrastructure. This page provides investors and industry professionals with a comprehensive collection of official press releases and verified news updates.
Access timely information on earnings reports, operational developments, sustainability initiatives, and strategic partnerships. Our curated feed ensures you stay informed about DINO's refining capacity expansions, renewable energy projects, and market positioning within the evolving energy sector.
Key updates include refinery operations, pipeline management advancements, wholesale distribution network changes, and regulatory compliance milestones. Bookmark this page for direct access to primary source materials that drive informed analysis of DINO's performance in conventional and renewable energy markets.
Sinclair Oil, a brand of HF Sinclair (NYSE:DINO), announced its first DINO Day promotion to be held on June 1, coinciding with National Dinosaur Day. Customers at participating Sinclair stations in Boise, Kansas City, Tulsa, and Utah can save up to 30 cents per gallon on DINOCARE® premium gasoline by using the DINOPAY® mobile app. The event will also feature giveaways, on-site radio broadcasts, and appearances by the DINO mascot.
HF Sinclair operates refineries and markets high-value light products and renewable diesel in the U.S. and globally. The company supplies fuel to over 1,500 branded stations and licenses the Sinclair brand at more than 300 additional locations.
HF Sinclair (NYSE: DINO) reported net income of $314.7 million for Q1 2024, with adjusted net income at $142.3 million. The company returned $269 million to shareholders and authorized a $1.0 billion share repurchase program. A regular quarterly dividend of $0.50 per share was announced. The refining segment income decreased, while the renewables segment reported a loss. Marketing segment income increased, and the midstream segment saw higher revenues. Cash provided by operations was $316.9 million, with cash and cash equivalents at $1,240.9 million. The company's consolidated debt stood at $2,678.6 million.
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