---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-134933"
form_type: "8-K"
ticker: "DINO"
cik: "0001915657"
company_name: "HF Sinclair Corp"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:09:17.559407+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HF Sinclair Q1 net income $353.3M ($1.79 EPS); announces non-binding HEP buyout offer

## Summary
- Net income $353.3M vs $160.0M YoY; adjusted net income $394.1M ($2.00 adjusted diluted EPS).
- Refining segment earnings $441M vs $113.1M YoY; consolidated refinery gross margin $23.70/bbl (+87% YoY).
- Declared $0.45/share quarterly dividend, payable June 1, 2023 to holders of record May 18, 2023.
- Made non-binding offer to purchase all outstanding HEP common units not already owned by HF Sinclair.
- Returned $333.6M to shareholders via dividends and share repurchases in Q1.

## SEC filing metadata
- accession: 0001193125-23-134933
- form_type: 8-K
- ticker: DINO
- cik: 0001915657
- company_name: HF Sinclair Corp
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1915657/000119312523134933/0001193125-23-134933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1915657/000119312523134933/d341912d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-134933
- JSON: https://secwatch.observer/filing/0001193125-23-134933.json
- Plain text: https://secwatch.observer/filing/0001193125-23-134933.txt

## Key facts
- Earnings Releases
  HF Sinclair Corp reported first quarter 2023 results: net income $353.3 million, EPS $1.79 per diluted share.
  - Period: first quarter 2023
  - Net income: $353.3 million
  - EPS: $1.79 per diluted share
  - Result: reported results
  source text: HF Sinclair Corporation Reports 2023 First Quarter Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1915657/000119312523134933/0001193125-23-134933-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.