earnings
confidence high
sentiment neutral
materiality 0.75
HF Sinclair Q3 net income $790.9M ($4.23/share), adjusted $4.06; declares $0.45 dividend
HF Sinclair Corp
2023-Q3 EPS reported
$8.57
revenue$24,304,259,000
- Net income $790.9M ($4.23/share) vs $954.4M ($4.45) year ago; adjusted net income $760.4M ($4.06) vs $982.9M ($4.58).
- Refining segment income $915.9M, down from $1,344.1M YoY; gross margin $26.59/bbl vs $31.47; crude charge 601,930 BPD.
- Renewables segment swung to profit $3.1M from loss $(49.3)M; Lubricants segment income $95.7M vs loss $(5.0)M.
- Returned $669.2M to stockholders in Q3: $83.6M dividends, $585.6M share repurchases.
- Regular quarterly dividend $0.45/share declared, payable Dec 5, 2023 to record Nov 16, 2023.