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Sep 30, 2022

HF Sinclair Q3 2022 Earnings Report

Reported solid third quarter results driven by robust product margins and record throughputs in the refining segment.

Key Takeaways

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.

Net income attributable to HF Sinclair stockholders was $954.4 million, or $4.45 per diluted share.

Adjusted net income was $982.9 million, or $4.58 per diluted share.

EBITDA was $1,463.2 million and Adjusted EBITDA was $1,500.3 million.

Returned $951.5 million to shareholders through dividends and share repurchases.

Total Revenue
$10.6B
Previous year: $4.69B
+126.2%
EPS
$4.58
Previous year: $1.28
+257.8%
Adjusted EBITDA
$1.5B
Previous year: $408M
+267.9%
Refinery Gross Margin
$31.5
Refinery Throughput (BPD)
645.78K
Gross Profit
$2.03B
Previous year: $741M
+174.6%
Cash and Equivalents
$1.45B
Previous year: $1.48B
-2.3%
Free Cash Flow
$781M
Previous year: $53.1M
+1370.2%
Total Assets
$18.2B

HF Sinclair

HF Sinclair

HF Sinclair Revenue by Segment

Forward Guidance

No forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income