HF Sinclair Corporation

DINO

Equity

ISIN US4039491000 / Valor 117390830

New York Stock Exchange, Inc (2024-12-26)

USD 34.34-0.17%

HF Sinclair Corporation
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About company

HF Sinclair Corporation, headquartered in Dallas, Texas, is a diversified energy company engaged in the refining, midstream, and marketing sectors. The company's operations span the production of traditional and renewable fuels, lubricants for various modes of transportation including planes, trains, and automobiles, and the manufacture of essential products like asphalt and roofing tar, which also find applications in the pharmaceutical and cosmetics industries. HF Sinclair operates seven complex refineries across the United States and maintains production facilities in Canada and the Netherlands, reflecting its international reach. With a workforce of over 5,000 employees, the company has established a global footprint, exporting products to more than 80 countries worldwide. This broad operational base underscores HF Sinclair's role as a significant player in the energy sector, catering to a wide array of consumer and industrial needs.

Summarized from source with an LLMView SourceSector: Energy

Net Income

HF Sinclair Corporation reported a net income attributable to its stockholders of $314.7 million, or $1.57 per diluted share, for the first quarter of 2024. This is a decrease compared to the $353.3 million, or $1.79 per diluted share, reported for the same period in 2023.

Adjusted Earnings

The adjusted net income for HF Sinclair Corporation in the first quarter of 2024 was $142.3 million, or $0.71 per diluted share. This represents a significant decline from the adjusted net income of $394.1 million, or $2.00 per diluted share, in the first quarter of 2023.

EBITDA Performance

For the first quarter of 2024, HF Sinclair Corporation reported an EBITDA of $617.4 million and an adjusted EBITDA of $399.1 million. This is a decrease from the previous year's first quarter, where the adjusted EBITDA was $537.0 million.

Shareholder Returns

HF Sinclair Corporation returned $269.0 million to its stockholders through dividends and share repurchases during the first quarter of 2024. Additionally, the company announced a new $1.0 billion share repurchase program, demonstrating its commitment to shareholder returns.

Dividend Announcement

HF Sinclair Corporation declared a regular quarterly dividend of $0.50 per share for the first quarter of 2024. This dividend is payable on June 5, 2024, to holders of record of common stock as of May 22, 2024.

Summarized from source with an LLMView Source

Key figures

-39.7%1Y

7.04%3Y

-33.3%5Y

Performance

31.2%1Y

38.8%3Y

50.0%5Y

Volatility