HF Sinclair Earnings Reports

HF Sinclair posted a net loss of $214 million for Q4 2024, compared to a net loss of $62 million in Q4 2023. Adjusted net loss was $191 million. Revenue declined 15% year-over-year to $6.5 billion, impacted by lower refinery gross margins and sales volumes. The company continues to focus on strategic priorities and returning cash to shareholders.

HF Sinclair reported a net loss attributable to HF Sinclair stockholders of $(75.9) million, or $(0.40) per diluted share, for the third quarter. 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 and announced a regular quarterly dividend of $0.50 per share.

HF Sinclair reported net income attributable to HF Sinclair stockholders of $151.8 million, or $0.79 per diluted share, and adjusted net income of $149.3 million, or $0.78 per diluted share, for the second quarter. The company returned $467.1 million to stockholders through dividends and share repurchases and announced a regular quarterly dividend of $0.50 per share. The performance reflects progress on delivering safe and reliable operations, with benefits seen from strategic initiatives across all business segments.

HF Sinclair reported a net income of $314.7 million, or $1.57 per diluted share, for the first quarter of 2024. Adjusted net income was $142.3 million, or $0.71 per diluted share. The company returned $269.0 million to stockholders through dividends and share repurchases and authorized a new $1.0 billion share repurchase program.

HF Sinclair reported a net loss of $(62.2) million for the fourth quarter of 2023, or $(0.34) per diluted share. However, adjusted net income was $164.6 million, or $0.87 per diluted share. The company returned $247.5 million to stockholders through dividends and share repurchases and announced an increase in the regular quarterly dividend to $0.50 per share.

HF Sinclair reported a net income attributable to stockholders of $790.9 million, or $4.23 per diluted share. Adjusted net income was $760.4 million, or $4.06 per diluted share. The company returned $669.2 million to stockholders through dividends and share repurchases. The Board of Directors declared a regular quarterly dividend of $0.45 per share.

HF Sinclair reported a net income attributable to stockholders of $507.7 million, or $2.62 per diluted share. Adjusted net income was $503.8 million, or $2.60 per diluted share. The results were driven by healthy refining product margins and solid performances from other business segments.

HF Sinclair reported a net income of $353.3 million, or $1.79 per diluted share, and adjusted net income of $394.1 million, or $2.00 per diluted share, for the first quarter of 2023. The company returned $333.6 million to shareholders through dividends and share repurchases. The refining segment was a key driver of the strong performance, with income before interest and income taxes increasing to $441.0 million.

HF Sinclair reported a net income attributable to HF Sinclair stockholders of $587.0 million, or $2.92 per diluted share, for the fourth quarter ended December 31, 2022. Adjusted net income was $597.8 million, or $2.97 per diluted share. The company returned $475.2 million to shareholders through dividends and share repurchases during the quarter and announced an increase in the regular quarterly dividend to $0.45 per share.

HF Sinclair reported a net income attributable to stockholders of $954.4 million, or $4.45 per diluted share, for the third quarter. Adjusted net income was $982.9 million, or $4.58 per diluted share. The company returned $951.5 million to shareholders through dividends and share repurchases.

HF Sinclair reported a net income attributable to stockholders of $1,221.3 million, or $5.43 per diluted share, and adjusted net income of $1,258.5 million, or $5.59 per diluted share. The company delivered strong financial results in the second quarter driven by robust performance in refining, marketing, lubricants and midstream segments. HF Sinclair also announced a regular quarterly dividend of $0.40 per share.

HF Sinclair reported a net income of $160.0 million, or $0.90 per diluted share, for Q1 2022. Adjusted net income was $175.6 million, or $0.99 per diluted share. The company closed the acquisition of the Sinclair companies and increased the regular quarterly dividend to $0.40 per share.