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Jun 30, 2024
HF Sinclair Q2 2024 Earnings Report
Reported a decrease in net income and adjusted net income compared to the same quarter last year, but saw strong contributions from Lubricants & Specialties and Midstream segments.
Key Takeaways
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.
Net income attributable to HF Sinclair stockholders was $151.8 million, or $0.79 per diluted share.
Adjusted net income was $149.3 million, or $0.78 per diluted share.
EBITDA was reported at $408.0 million, with Adjusted EBITDA at $405.8 million.
Returned $467.1 million to stockholders through dividends and share repurchases.
Revenue by Segment
Forward Guidance
HF Sinclair remains focused on executing its strategy to improve reliability, optimize and integrate across its portfolio, and generate strong cash flows to deliver returns to its shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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