Welcome to our dedicated page for HF Sinclair news (Ticker: DINO), a resource for investors and traders seeking the latest updates and insights on HF Sinclair stock.
HF Sinclair Corporation (NYSE: DINO) is a leading integrated energy company specializing in petroleum refining, renewable diesel production, and logistics infrastructure. This page provides investors and industry professionals with a comprehensive collection of official press releases and verified news updates.
Access timely information on earnings reports, operational developments, sustainability initiatives, and strategic partnerships. Our curated feed ensures you stay informed about DINO's refining capacity expansions, renewable energy projects, and market positioning within the evolving energy sector.
Key updates include refinery operations, pipeline management advancements, wholesale distribution network changes, and regulatory compliance milestones. Bookmark this page for direct access to primary source materials that drive informed analysis of DINO's performance in conventional and renewable energy markets.
HF Sinclair (NYSE: DINO) has announced it will release its first quarter 2025 financial results on May 1, 2025, before NYSE trading opens. The company will host a webcast conference at 8:30 a.m. Eastern time on the same day to discuss the results.
HF Sinclair, based in Dallas, Texas, operates as an independent energy company specializing in producing high-value light products including gasoline, diesel fuel, jet fuel, renewable diesel, and lubricants. The company owns refineries across six states: Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah. Their distribution network includes more than 1,600 branded stations and 300 additional licensed Sinclair brand locations nationwide.
The company's operations include renewable diesel production at three facilities (two in Wyoming and one in Artesia, New Mexico), and through its subsidiaries, produces and markets base oils and specialized lubricants in the U.S., Canada, and the Netherlands, with exports reaching over 80 countries.
Sinclair Oil, an HF Sinclair (NYSE: DINO) brand, has announced successful results from its 2024 Fueling Folds of Honor campaign, raising $662,670 for veteran and first responder families' scholarships.
The campaign, running for 50 days from November 11 through December 2024, marked the third consecutive year of partnership with the national nonprofit organization. Customers contributed through designated fill-ups and merchandise purchases at participating Sinclair-branded stations, with portions of proceeds supporting the cause.
Since the partnership's inception in 2022, Sinclair has raised $2.1 million, enabling 124 scholarships for 2025. The fundraising effort involved Sinclair dealers, distributors, and HF Sinclair employees working together to support education for families of fallen and disabled veterans and first responders.
HF Sinclair (NYSE: DINO) brand Sinclair Oil has announced a three-year partnership agreement with Utah Hockey Club, becoming an official partner from 2025 through 2027. The partnership will feature promotional activities at the Delta Center, including a 'lucky row' promotion offering DINO® merchandise and up to $25 off in fuel via the DINOPAY® app to randomly selected attendees.
The collaboration includes plans for co-branded station giveaways and annual promotional events with the team. The partnership represents Sinclair's commitment to Salt Lake City, where the brand has been historically based.
HF Sinclair (NYSE:DINO) reported a fourth quarter net loss of $214 million ($(1.14) per diluted share) and an adjusted net loss of $191 million ($(1.02) per diluted share). For the full year 2024, the company posted net income of $177 million ($0.91 per diluted share).
The company achieved record earnings in both Midstream and Marketing segments, while experiencing a cyclical downturn in refining. The refining segment reported an EBITDA of $(200) million, with adjusted refinery gross margin decreasing 51% to $6.68 per produced barrel.
HF Sinclair returned over $1 billion to shareholders through dividends and share repurchases in 2024. The Board declared a regular quarterly dividend of $0.50 per share, payable on March 20, 2025. The company maintained $800 million in cash and cash equivalents, with consolidated debt of $2,638 million as of December 31, 2024.
HF Sinclair (NYSE: DINO) has announced plans to redeem $195,000,000 of its 5.875% Senior Notes due 2026. The redemption is scheduled for February 21, 2025, and will be funded using proceeds from the company's recent $1,400,000,000 senior notes offering completed on January 23, 2025.
The redemption price will be the greater of 100% of the principal amount or the 'make-whole' redemption premium, plus accrued and unpaid interest. After the redemption date, these notes will no longer be outstanding, and interest will cease to accrue. Computershare Trust Company is serving as the paying agent for this transaction.
HF Sinclair (NYSE: DINO) has announced the redemption of all outstanding 5.785% Senior Notes due 2026 issued by its subsidiary HollyFrontier The redemption is scheduled for February 16, 2025, and will be funded through the net proceeds of DINO's recent $1.4 billion senior notes offering completed on January 23, 2025.
The redemption price will be the greater of 100% of the principal amount or the 'make-whole' redemption premium, plus accrued and unpaid interest. After the redemption date, the Notes will no longer be outstanding, and interest will cease to accrue. Computershare Trust Company is serving as the paying agent for this transaction.
HF Sinclair (NYSE: DINO) has announced the pricing terms for its previously announced cash tender offer to purchase outstanding notes. The company will pay a Total Tender Offer Consideration that includes an Early Tender Premium of $30 per $1,000 principal amount of accepted notes.
For the 6.375% Senior Notes due 2027, the company accepted $150 million with a 41.5% proration factor at $1,018.64 per $1,000. For the 5.875% Senior Notes due 2026, they accepted $448.09 million from HF Sinclair and $48.496 million from Holly Frontier, both at $1,010.01 per $1,000 with 100% proration.
The Early Settlement Date is expected on January 28, 2025. The Tender Offer remains open until February 7, 2025. BofA Securities and Citigroup are serving as Lead Dealer Managers for the offer.
HF Sinclair (NYSE: DINO) announced early results of its cash tender offer for outstanding notes. The company expects to accept for payment $150 million of the 2027 Notes (41.5% proration factor), $448.09 million of one series of 5.875% Senior Notes due 2026, and $48.496 million of another series of 5.875% Senior Notes due 2026.
The early settlement date is set for January 28, 2025. The tender offer remains open until February 7, 2025. Holders tendering after the Early Tender Deadline won't receive the Early Tender Premium of $30 per $1,000 principal amount. The Total Tender Offer Consideration will be determined on January 24, 2025, based on U.S. Treasury Security yields plus fixed spread.
HF Sinclair (NYSE: DINO) has announced it will release its fourth quarter 2024 financial results on February 20, 2025, before NYSE trading opens. The company will host a webcast conference at 8:30 a.m. Eastern time on the same day to discuss the results.
HF Sinclair is a Dallas-based independent energy company that produces and markets light products including gasoline, diesel fuel, jet fuel, and renewable diesel. The company operates refineries across six states: Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah. It supplies fuels to over 1,500 branded stations and licenses the Sinclair brand at more than 300 additional locations. The company produces renewable diesel at three facilities and, through its subsidiaries, manufactures base oils and specialized lubricants distributed in the U.S., Canada, and the Netherlands, with exports to over 80 countries.
HF Sinclair (NYSE: DINO) has announced an increase in its cash tender offer from $900 million to $1.05 billion for outstanding notes. The tender offer targets three series of senior notes with varying interest rates: 6.375% due 2027, and two sets of 5.875% notes due 2026.
The tender offer includes specific terms such as an Early Tender Premium of $30 per $1,000 principal amount and follows a priority-based acceptance system. The Early Tender Deadline is set for January 23, 2025, with an expected Early Settlement Date of January 28, 2025. The offer will expire on February 7, 2025, unless extended.
The tender offer is subject to various conditions, including securing sufficient funds from a concurrent public offering of senior debt securities. BofA Securities and Citigroup are serving as Lead Dealer Managers for the tender offer.
