Form 8-K · Current Report · Filed 2025-05-01
HF Sinclair Reports Q1 2025 Results and Announces Dividend
HF Sinclair Corporation reported a net loss of $4 million, or $(0.02) per diluted share, for the first quarter of 2025, compared to net income of $315 million, or $1.57 per diluted share, in the same period of 2024.
- Filer
- Hf Sinclair Corporation DINO · NYSE
- Filed
- Accession
- 0001915657-25-000037
- CIK
- 0001915657
- Signal
- Low impactEnergy
- Source
- Official filing on sec.gov ↗
Details
The company also announced a regular quarterly dividend of $0.50 per share, payable on June 3, 2025, to shareholders of record as of May 15, 2025. The loss was primarily driven by lower adjusted refinery gross margins and reduced refined product sales volumes.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$30.07
Next session
+6.5%
Since filing
+204.2%
Latest close
$91.47
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Precedent
Previous filings from DINO reporting the same item, with the next session's move:
Exhibits (1)
About Hf Sinclair Corporation
Hf Sinclair Corporation is an integrated energy company involved in refining, marketing, and distributing petroleum products. Its primary focus is on supplying fuel and specialty lubricant products, with operations that extend into petrochemicals and renewable fuels. Serving various sectors such as automotive, industrial, and agricultural, Hf Sinclair plays a crucial role in the energy supply chain by processing crude oil into refined products, including gasoline and diesel. The company's refining operations are strategically located across the United States, facilitating efficient distribution across diverse markets. With a commitment to sustainability, Hf Sinclair is also investing in renewable energy solutions and reducing carbon emissions. As a significant player in the energy sector, the corporation contributes to both local and global energy supplies, impacting market dynamics through its production capacities and strategic initiatives. Founded through a merger of HollyFrontier Corporation and Sinclair Oil Corporation, Hf Sinclair combines extensive industry expertise with a robust operational network, making it a key participant in the broader energy landscape.
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