---
schema_version: "secwatch.filing_event.v1"
accession: "0001915657-24-000056"
form_type: "8-K"
ticker: "DINO"
cik: "0001915657"
company_name: "HF Sinclair Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:53:07.309380+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HF Sinclair Q1 adjusted EPS $0.71, down 65% YoY; announces $1B buyback

## Summary
- Net income $314.7M ($1.57 diluted); adjusted net income $142.3M ($0.71), down from $394.1M ($2.00) in Q1 2023.
- Refining gross margin fell 45% to $12.70/bbl; crude charge averaged 604,930 bpd (+21% YoY).
- Returned $269M to shareholders via dividends ($99.4M) and buybacks ($169.6M) in Q1.
- Board authorized new $1B share repurchase program, replacing prior program with $214.2M remaining.
- Regular quarterly dividend declared at $0.50/share (unchanged); payable June 5 to holders of record May 22.

## SEC filing metadata
- accession: 0001915657-24-000056
- form_type: 8-K
- ticker: DINO
- cik: 0001915657
- company_name: HF Sinclair Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1915657/000191565724000056/0001915657-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1915657/000191565724000056/dino-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001915657-24-000056
- JSON: https://secwatch.observer/filing/0001915657-24-000056.json
- Plain text: https://secwatch.observer/filing/0001915657-24-000056.txt

## Key facts
- Earnings Releases
  HF Sinclair Corp reported first quarter 2024 results: net income net income attributable to HF Sinclair stockholders of $314.7 million, EPS $1.57 per diluted share.
  - Period: first quarter 2024
  - Net income: net income attributable to HF Sinclair stockholders of $314.7 million
  - EPS: $1.57 per diluted share
  - Result: reported results
  source text: HF Sinclair Corporation Reports 2024 First Quarter Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1915657/000191565724000056/0001915657-24-000056-index.htm

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