HF Sinclair beats Q2 earnings expectations on higher refining margins

Published 31/07/2025, 11:44
 HF Sinclair beats Q2 earnings expectations on higher refining margins

DALLAS - On Thursday, HF Sinclair Corporation (NYSE:DINO) reported second quarter adjusted earnings of $1.70 per share, significantly exceeding analyst expectations of $1.05, while revenue matched the consensus estimate at $6.78 billion.

The company’s stock was unchanged in after hours trading following the release.

The refining company’s strong performance was driven by higher adjusted refinery gross margins, which increased 46% to $16.50 per produced barrel sold compared to $11.33 in the same quarter last year. This improvement helped boost adjusted net income to $322 million, more than doubling from $150 million in the second quarter of 2024.

"During the second quarter of 2025, we made strong progress on our key priorities to improve reliability, optimization and integration," said Tim Go, HF Sinclair’s Chief Executive Officer. "I’m pleased to report we delivered sequential improvements over the last three quarters in refining throughput, capture and lower operating costs."

Revenue declined 14% YoY to $6.78 billion from $7.85 billion in the prior-year period. The company’s crude oil charge averaged 615,930 barrels per day, down from 634,730 barrels per day in Q2 2024, primarily due to turnaround activities at its Tulsa and Parco refineries.

The company returned $145 million to stockholders through dividends and share repurchases during the quarter. HF Sinclair’s board declared a regular quarterly dividend of $0.50 per share, payable on September 4, 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.