earnings
confidence high
sentiment negative
materiality 0.85
HF Sinclair reports Q3 net loss of $75.9M, adjusted EPS $0.51; refining segment swings to loss
HF Sinclair Corp
2024-Q3 EPS reported
$2.01
revenue$22,080,116,000
- Net loss of $75.9M ($0.40 diluted loss); adjusted net income $96.5M ($0.51 EPS).
- Refining segment loss before interest and taxes $(212.1)M vs $916.1M income a year ago; adjusted refinery gross margin down 59% to $10.79/bbl.
- Renewables segment loss $(23.1)M vs $3.1M income; Lubricants & Specialties income fell to $54.6M from $95.2M.
- Returned $221.8M to shareholders ($95.3M dividends, $126.5M buybacks); declared $0.50/share dividend payable Dec 4.
- Net cash from operations $707.6M; cash $1,229.5M, debt $2,636.8M.