Sign in

You're signed outSign in or to get full access.

HF Sinclair (DINO)

Earnings summaries and quarterly performance for HF Sinclair.

Recent press releases and 8-K filings for DINO.

HF Sinclair Reports Strong Q3 2025 Results and Announces Midstream Expansion Plans
DINO
Earnings
Dividends
New Projects/Investments
  • HF Sinclair reported Q3 2025 adjusted net income of $459 million, or $2.44 per diluted share, and adjusted EBITDA of $870 million.
  • The company returned $254 million in cash to shareholders during Q3 2025, consisting of $160 million in share repurchases and $94 million in regular dividends, and declared a $0.50 per share quarterly dividend.
  • Refining operations achieved a crude oil charge of 639,000 barrels per day and a record low operating expense of $7.12 per throughput barrel in Q3 2025.
  • HF Sinclair is evaluating a multi-phased midstream expansion project to increase product supply by up to 150,000 barrels a day into Western U.S. markets, with the first phase targeting 35,000 barrels per day to Nevada by 2028.
  • For full year 2025, the company expects to spend approximately $775 million in sustaining capital and $100 million in growth capital, with Q4 2025 crude oil runs projected between 550,000 and 590,000 barrels per day.
Oct 30, 2025, 1:30 PM
HF Sinclair Reports Strong Q3 2025 Financial Results
DINO
Earnings
Debt Issuance
New Projects/Investments
  • HF Sinclair reported adjusted net income of $459 million, or $2.44 per diluted share, for Q3 2025, a significant increase from $96 million, or $0.51 per diluted share, in Q3 2024. Adjusted EBITDA for the quarter was $870 million, up from $316 million in Q3 2024.
  • The company's refining segment adjusted EBITDA was $661 million in Q3 2025, compared to $110 million in Q3 2024, primarily driven by higher adjusted refinery gross margins and small refinery RINs waivers. Crude oil charge averaged 639,000 bbl per day for Q3 2025.
  • HF Sinclair recognized a $115 million benefit to cost of sales from cumulative Small Refinery Exemptions (SREs) granted by the EPA and $56 million in revenue from RINs optimization in Q3 2025.
  • For Q4 2025, the company expects to run between 550,000 and 590,000 bbl per day of crude oil in its refining segment, reflecting a planned turnaround at the Puget Sound Refinery. Full year 2025 sustaining capital is projected at $775 million, with $100 million in growth capital investments.
  • HF Sinclair issued $500 million of senior notes at 5.5% due 2032 to redeem older, higher-interest notes, aiming to lengthen maturities and reduce its weighted average cost of debt. The company is also evaluating a multi-phased expansion to move Rockies barrels into Nevada, utilizing existing infrastructure.
Oct 30, 2025, 1:30 PM
HF Sinclair Reports Strong Q3 2025 Results and Announces Midstream Expansion Plans
DINO
Earnings
Share Buyback
New Projects/Investments
  • HF Sinclair reported strong Q3 2025 financial results, with adjusted net income of $459 million or $2.44 per diluted share and adjusted EBITDA of $870 million.
  • The company returned $254 million in cash to shareholders during Q3 2025, consisting of $160 million in share repurchases and $94 million in regular dividends. A regular quarterly dividend of $0.50 per share was declared. As of September 30, 2025, $589 million remains on the share repurchase authorization.
  • Operational highlights include a record low operating expense of $7.12 per throughput barrel and crude oil charge averaging 639,000 barrels per day for Q3 2025.
  • HF Sinclair is evaluating a multi-phased expansion of its midstream refined products footprint across PADD 4 and PADD 5, projected to enable incremental supply of up to 150,000 barrels a day into West Coast markets. The first phase is targeted to be online in 2028, increasing capacity by 35,000 barrels per day into Nevada.
  • For Q4 2025, the company expects to run between 550,000 and 590,000 barrels per day of crude oil in its refining segment, reflecting a planned turnaround at the Puget Sound Refinery. Full year 2025 sustaining capital is expected to be approximately $775 million, with $100 million in growth capital investments.
Oct 30, 2025, 1:30 PM
HF Sinclair Reports Strong Q3 2025 Results and Declares Dividend
DINO
Earnings
Dividends
Share Buyback
  • HF Sinclair reported net income attributable to stockholders of $403 million, or $2.15 per diluted share, for the third quarter of 2025, a significant improvement from a net loss of $76 million, or $(0.40) per diluted share, in the third quarter of 2024.
  • The company's Adjusted EBITDA reached $870 million for the third quarter of 2025, compared to $316 million for the third quarter of 2024.
  • HF Sinclair returned $254 million to stockholders through dividends and share repurchases in the third quarter of 2025 and announced a regular quarterly dividend of $0.50 per share.
  • The Refining segment's income before interest and income taxes was $476 million for the third quarter of 2025, compared to a loss of $212 million for the third quarter of 2024, with adjusted refinery gross margin per produced barrel sold increasing by 78% to $19.16.
Oct 30, 2025, 10:30 AM
HF Sinclair Evaluates Strategic Pipeline Expansion to Western Markets
DINO
New Projects/Investments
  • HF Sinclair Corporation (DINO) is evaluating a multi-phased expansion of its Midstream refined products footprint across PADD 4 and PADD 5.
  • This initiative aims to address increasing supply and demand imbalances in key western markets, including Nevada and California, resulting from announced refinery closures.
  • The proposed expansion projects are projected to enable an incremental supply of up to 150,000 barrels per day of product into various markets.
  • The first phase, targeted to be online in 2028, would increase capacity by 35,000 barrels per day to move supply from the Rockies into Nevada, involving the expansion of the Pioneer Pipeline and debottlenecking of the UNEV Pipeline.
  • Additional phases under evaluation include expanding and reversing the Medicine Bow Pipeline, further expanding the Pioneer and UNEV Pipelines, and building a new lateral from Salt Lake City, UT to Reno, NV.
Oct 29, 2025, 8:15 PM