HF Sinclair (NYSE:DINO) Announces Quarterly Earnings Results

HF Sinclair (NYSE:DINO) issued its earnings results on Friday. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.75, Briefing.com reports. HF Sinclair had a net margin of 2.15% and a return on equity of 10.20%. The business had revenue of $7.12 billion during the quarter, compared to analysts’ expectations of $6.83 billion. During the same period in the previous year, the company earned ($0.27) earnings per share. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year.

Here are the key takeaways from HF Sinclair’s conference call:

• Q1 GAAP net income was $648M ($3.56/sh)$521M of special items; adjusted net income was $127M and adjusted EBITDA $426M, while the company returned $167M to shareholders and ended the quarter with ~$3.15B liquidity (cash $1.15B + $2B undrawn facility).
• Operations ran safely and reliably—no tier‑1 process safety events, crude charge ~613k bpd, completed major turnarounds, and near‑term projects (7k bpd diesel/jet swing and El Dorado vacuum tower) aimed at improving yield and feedstock flexibility into the summer.
• Renewables outperformed with adjusted EBITDA of $133M, driven by BOHO spread narrowing, higher RINs and recognition of producer tax credits, and management expects continued support from LCFS/D4 RINs/PTC dynamics.
• Lubricants faced “unprecedented” feedstock cost inflation; management has implemented pricing actions and saw a large FIFO benefit, but margin recovery is still in progress and cost pressure remains a near‑term headwind.
• Governance uncertainty—both the CEO and CFO are on leave and the board is conducting a leadership review; management declined to provide details, which introduces execution/governance risk until resolved.

HF Sinclair Stock Performance

Shares of NYSE DINO opened at $69.03 on Friday. The firm has a 50 day moving average of $58.12 and a 200 day moving average of $53.91. The company has a current ratio of 1.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $12.44 billion, a price-to-earnings ratio of 22.48 and a beta of 0.72. HF Sinclair has a 12-month low of $31.04 and a 12-month high of $70.51.

HF Sinclair Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, May 11th. HF Sinclair’s payout ratio is 65.15%.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of HF Sinclair in a research note on Friday, March 27th. Mizuho lifted their price target on shares of HF Sinclair from $63.00 to $69.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Morgan Stanley lifted their price target on shares of HF Sinclair from $57.00 to $66.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Argus upgraded shares of HF Sinclair to a “hold” rating in a research note on Tuesday, February 24th. Finally, Scotiabank lifted their price target on shares of HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.45.

HF Sinclair News Summary

Here are the key news stories impacting HF Sinclair this week:

• Positive Sentiment: Q1 results beat expectations — HF Sinclair reported $0.69 EPS (vs. consensus loss) and revenue of $7.12B, ahead of estimates; the print showed a swing from a year-ago loss and signaled improving profitability. HF Sinclair (DINO) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: GAAP net income and dividend: BusinessWire shows net income attributable to shareholders of $648M (GAAP) and the company announced a regular cash dividend — both supportive for sentiment and income-focused investors. HF Sinclair Reports 2026 First Quarter Results and Announces Regular Cash Dividend
• Positive Sentiment: Surprise profit driven by higher refining margins — Reuters highlights that stronger refining margins powered the unexpected quarterly profit, a key operational positive for a downstream-focused refiner. HF Sinclair posts surprise quarterly profit on higher refining margins
• Neutral Sentiment: Conference call and transcript availability — the company’s call and transcripts provide management color on margins, refinery utilization and capital return plans; useful for assessing sustainability of the beat. HF Sinclair (DINO) Q1 2026 Earnings Transcript
• Neutral Sentiment: Analyst coverage and momentum narratives — Zacks and other outlets are highlighting momentum and the stock’s recent run, which can support flows but does not guarantee fundamentals will stay as strong. HF Sinclair (DINO) is a Great Momentum Stock: Should You Buy?
• Negative Sentiment: Valuation and pullback risk after a run — the stock is trading near its 52-week high, which raises the risk of profit-taking if margins or volumes soften; investors should watch margin sustainability and refinery throughput. HF Sinclair Corporation (DINO) Hits Fresh High: Is There Still Room to Run?

Institutional Trading of HF Sinclair

Several large investors have recently added to or reduced their stakes in DINO. Goldman Sachs Group Inc. grew its position in HF Sinclair by 14.6% during the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock valued at $30,899,000 after buying an additional 119,832 shares during the period. Focus Partners Wealth grew its position in HF Sinclair by 71.7% during the first quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock valued at $638,000 after buying an additional 8,102 shares during the period. Amundi grew its position in HF Sinclair by 7.7% during the second quarter. Amundi now owns 174,199 shares of the company’s stock valued at $7,588,000 after buying an additional 12,387 shares during the period. Jump Financial LLC bought a new stake in HF Sinclair during the second quarter valued at approximately $209,000. Finally, Cerity Partners LLC grew its position in HF Sinclair by 25.7% during the second quarter. Cerity Partners LLC now owns 145,047 shares of the company’s stock valued at $5,959,000 after buying an additional 29,635 shares during the period. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Company Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.