Hf Sinclair director Manuel J. Fernandez buys $19,990 in stock

In a recent transaction disclosed by HF Sinclair Corp (NYSE:DINO), company director Manuel J. Fernandez acquired 635 shares of common stock. The shares were purchased on March 4, 2025, at an average price of $31.4804 per share, amounting to a total investment of approximately $19,990. The purchase comes as the stock trades near its 52-week low of $31.27, while offering an attractive 6.3% dividend yield. Following this transaction, Fernandez holds a total of 14,235 shares in the company. This acquisition reflects Fernandez’s continued investment in HF Sinclair, a major player in the pipeline sector. According to InvestingPro analysis, the stock appears undervalued at current levels, with management actively buying back shares. For deeper insights into DINO’s valuation and 13 additional exclusive ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, HF Sinclair Corporation reported a net loss for the fourth quarter of 2024, missing earnings expectations with an EPS of -$1.02, significantly below the forecasted $0.01. Revenue also fell short, reaching $6.5 billion compared to the anticipated $6.77 billion. Despite these setbacks, the company returned over $1 billion to shareholders through dividends and share buybacks in 2024. HF Sinclair plans to invest $775 million in sustaining capital and an additional $100 million for growth projects in 2025. The company is focused on reducing operating expenses and expanding its branded retail sites by 10% annually.

In other developments, Sinclair Oil, a subsidiary of HF Sinclair Corporation, announced a three-year sponsorship agreement with the Utah Hockey Club, starting in 2025. This partnership will include promotional events and merchandise giveaways, reflecting Sinclair’s commitment to community engagement. The company aims to support the hockey team during the off-season, aligning with its tradition of community involvement. These recent developments highlight HF Sinclair’s strategic focus on growth and community partnerships amid challenging market conditions.

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