secwatch.observer — SEC 8-K summary
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Issuer:     HF Sinclair Corp (DINO)
CIK:        0001915657
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001193125-23-134933
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1915657/000119312523134933/0001193125-23-134933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1915657/000119312523134933/d341912d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-134933

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