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 Dallas, Texas-based independent energy company active in petroleum refining, renewable diesel, fuel marketing, lubricants and midstream logistics. News about HF Sinclair often centers on its refineries in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah, and on how these assets serve markets in the Southwest U.S., the Rocky Mountains, the Pacific Northwest and neighboring Plains states.
Investors and industry followers can use the DINO news stream to monitor company announcements on quarterly and annual financial results, including segment performance for Refining, Renewables, Marketing, Lubricants & Specialties and Midstream. Earnings releases detail metrics such as segment income before interest and income taxes, EBITDA and crude oil throughput, giving insight into operating conditions across HF Sinclair’s business.
HF Sinclair’s news flow also includes updates on capital structure and financing, such as senior notes offerings, cash tender offers, and redemptions of existing debt securities. These items describe how the company manages its balance sheet and funds capital investments. In addition, press releases cover share repurchase agreements executed under a board-authorized share repurchase program, providing context on capital returns to stockholders.
Operational and strategic developments are another key theme. HF Sinclair has issued news on evaluating expansions of its midstream refined products footprint across western U.S. markets and on transactions within its Lubricants & Specialties business, such as acquisitions aimed at broadening its lubricants portfolio. The company also highlights its renewable diesel production at facilities in Wyoming and Artesia, New Mexico, which can appear in segment updates and strategic discussions.
By following HF Sinclair news, readers can track how the company’s refining, renewables, marketing, lubricants and midstream activities evolve over time, as well as how management addresses regulatory, market and operational factors described in its safe harbor statements. Regular updates on DINO help contextualize HF Sinclair’s role in regional fuel supply, renewable diesel production and international lubricants markets.
HF Sinclair (NYSE: DINO) reported a Q3 2024 net loss of $(75.9) million, or $(0.40) per diluted share, compared to net income of $790.9 million in Q3 2023. Adjusted net income was $96.5 million, or $0.51 per diluted share. The company returned $221.8 million to stockholders through dividends and share repurchases. The refining segment saw decreased performance with adjusted EBITDA of $110.0 million, down from $1,007.4 million year-over-year, mainly due to lower refinery gross margins. The company maintained strong liquidity with $1,229.5 million in cash and announced a regular quarterly dividend of $0.50 per share.
HF Sinclair (NYSE: DINO) has announced plans to release its third quarter 2024 earnings on October 31, 2024, before the NYSE opens. The company will host a webcast conference at 9:30 a.m. Eastern time on the same day to discuss financial results. Investors can access the webcast at https://events.q4inc.com/attendee/465594914, with an audio archive available until November 14, 2024.
HF Sinclair, headquartered in Dallas, Texas, is an independent energy company producing and marketing high-value light products such as gasoline, diesel fuel, jet fuel, and renewable diesel. The company operates refineries in six states and provides petroleum product services. It markets refined products primarily in the Southwest U.S., Rocky Mountains, and neighboring Plains states, supplying fuels to over 1,500 branded stations.
HF Sinclair (NYSE: DINO) reported Q2 2024 results with net income of $151.8 million ($0.79 per diluted share) and adjusted net income of $149.3 million ($0.78 per diluted share). The company's EBITDA was $408.0 million, with Adjusted EBITDA at $405.8 million. HF Sinclair returned $467.1 million to stockholders through dividends and share repurchases in Q2.
Key highlights include:
- Refining segment income: $64.7 million
- Renewables segment loss: $(14.5) million
- Marketing segment income: $9.1 million
- Lubricants & Specialties segment income: $74.3 million
- Midstream segment income: $96.5 million
The company announced a regular quarterly dividend of $0.50 per share, payable on September 5, 2024.
HF Sinclair (NYSE: DINO) has appointed Eric L. Nitcher as Executive Vice President, General Counsel, effective July 10, 2024. Nitcher brings over 35 years of legal experience in the oil and gas industry, having previously served as Group General Counsel & Executive Vice President, Legal at BP p.l.c. from January 2017 until his retirement in December 2023. His extensive background includes managing global legal teams and handling complex legal matters such as litigation, regulatory compliance, M&A transactions, and international joint ventures. CEO Tim Go expressed confidence in Nitcher's ability to contribute to HF Sinclair's growth and future positioning.
HF Sinclair (NYSE: DINO) will announce its second quarter 2024 financial results on August 1, 2024, ahead of the NYSE market opening. A webcast conference is scheduled for the same day at 9:30 a.m. Eastern time to discuss the company's performance. The webcast can be accessed through a provided link and will be available for replay until August 15, 2024.
HF Sinclair, headquartered in Dallas, is an independent energy company producing gasoline, diesel, jet fuel, and renewable diesel. It operates refineries in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah, providing refined products mainly across the Southwest U.S., Rocky Mountains, and neighboring Plains states.
The company also supplies fuels to over 1,500 branded stations and licenses the Sinclair brand at over 300 additional locations. HF Sinclair produces renewable diesel in Wyoming and New Mexico and markets base oils and specialized lubricants in the U.S., Canada, the Netherlands, and over 80 other countries.
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.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of HF Sinclair (DINO)?
What is the market cap of HF Sinclair (DINO)?
