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HF Sinclair Corporation - DINO STOCK NEWS

Welcome to our dedicated page for HF Sinclair Corporation news (Ticker: DINO), a resource for investors and traders seeking the latest updates and insights on HF Sinclair Corporation stock.

HF Sinclair Corporation (symbol: DINO) is a prominent integrated petroleum refiner headquartered in the United States. The company manages and operates seven strategically located refineries across the Rockies, midcontinent, Southwest, and Pacific Northwest regions. These facilities boast a combined crude oil throughput capacity of an impressive 678,000 barrels per day, underscoring HF Sinclair's substantial role in the petroleum industry.

In addition to its refining capabilities, HF Sinclair excels in producing renewable energy. The company can generate up to 380 million gallons of renewable diesel annually, reflecting its commitment to sustainable energy solutions and reducing carbon footprints.

HF Sinclair's marketing arm is vast, encompassing over 300 distributors and 1,500 wholesale branded sites spread across 30 states. Such an extensive reach ensures the widespread availability of its refined petroleum products, thereby meeting diverse customer needs consistently.

The company also prides itself on its extensive logistics network. It owns and operates approximately 4,400 miles of petroleum product pipelines and terminals, primarily located in the southwestern United States. This network plays a crucial role in ensuring the efficient and safe transportation of petroleum products, further reinforcing HF Sinclair's operational capabilities.

HF Sinclair continues to innovate and expand its operations. Recent achievements include advancements in renewable diesel production and strategic partnerships aimed at enhancing its position in the energy market. Financially, the company remains robust, demonstrating strong performance metrics and a commitment to delivering value to its stakeholders.

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HF Sinclair Corporation (NYSE:DINO) reported a net loss in Q4 2023 but showed strong full-year results. They returned over $1.3 billion to shareholders, increased quarterly dividend to $0.50 per share, and focused on maximizing shareholder value. The company highlighted their commitment to executing corporate strategy and improving reliability across their portfolio.
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HF Sinclair Corporation (NYSE:DINO) appoints Jeanne M. Johns as an independent director, increasing the Board size to thirteen. Ms. Johns brings extensive executive and international business experience from her tenure at BP plc and Incitec Pivot Ltd. Norman J. Szydlowski offers to resign from the Board.
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HF Sinclair Corporation (NYSE: DINO) announced an 11% increase in its quarterly dividend to $0.50 per share, up from $0.45 per share. The dividend will be paid on March 5, 2024, to holders of record on February 26, 2024, showcasing the company's commitment to shareholder value.
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Sinclair Oil's Fueling Folds of Honor campaign raised over $635,000 to provide educational scholarships for the families of fallen veterans and first responders. The campaign, which ran for four weeks in 30 states, involved a portion of fuel purchases and new DINOPAY® user sign-ups. More than 127 educational scholarships of $5,000 each will be awarded, with a total of $1.56 million raised for Folds of Honor so far.
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HF Sinclair Corporation (NYSE: DINO) plans to announce results for the quarter ending December 31, 2023 on February 21, 2024, before the opening of trading on the NYSE. A webcast conference is scheduled on February 21, 2024 at 8:30 a.m. Eastern time to discuss financial results. The webcast may be accessed at: https://events.q4inc.com/attendee/326631081. An audio archive of this webcast will be available using the above noted link through March 6, 2024.
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HF Sinclair Corporation (NYSE: DINO) has completed the acquisition of all outstanding common units of Holly Energy Partners, L.P. The merger involved a combination of 0.3150 of a share of HF Sinclair common stock and $4.00 in cash per HEP Common Unit. As a result, HEP Common Units will no longer be listed on the NYSE, and HEP will cease to be a publicly traded partnership.
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TortoiseEcofin announces the removal of Holly Energy Partners LP (HEP) from the Tortoise MLP Index® (TMLP) and the Tortoise North American Pipeline IndexSM (TNAP) due to the approved acquisition by HF Sinclair Corp (DINO). HEP will be removed from the indices at market open on Friday, December 1, 2023, with a special rebalancing in TMLP triggered by the acquisition.
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HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced the expiration and final results of the Exchange Offers and Consent Solicitations. The Exchange Offers expired with 99.86% of HEP Notes tendered. Eligible Holders received $1,000 principal amount of New Notes and $1.00 in cash for each $1,000 principal amount of HEP Notes tendered.
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HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced the approval of the Agreement and Plan of Merger by HEP unitholders and HF Sinclair stockholders. The Merger involves the issuance of shares of common stock of HF Sinclair pursuant to the Merger Agreement. The expected closing date of the Merger is December 1, 2023.
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HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) announced that $880,229,000 in HEP Notes have been tendered and not withdrawn in connection with the private exchange offers and consent solicitations. The Early Participation Exchange Consideration for the 6.375% Senior Notes due 2027 is $1,000 principal amount of HF Sinclair’s 6.375% Senior Notes due 2027 and $1.00 in cash, and for the 5.000% Senior Notes due 2028 is $1,000 principal amount of HF Sinclair’s 5.000% Senior Notes due 2028 and $1.00 in cash.
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FAQ

What is the current stock price of HF Sinclair Corporation (DINO)?

The current stock price of HF Sinclair Corporation (DINO) is $33.76 as of December 20, 2024.

What is the market cap of HF Sinclair Corporation (DINO)?

The market cap of HF Sinclair Corporation (DINO) is approximately 6.4B.

What does HF Sinclair Corporation do?

HF Sinclair is an integrated petroleum refiner that operates seven refineries and produces renewable diesel. It also runs a marketing business and extensive pipeline network.

Where are HF Sinclair's refineries located?

The company's refineries are located in the Rockies, midcontinent, Southwest, and Pacific Northwest regions of the United States.

What is the crude oil throughput capacity of HF Sinclair's refineries?

The combined crude oil throughput capacity of HF Sinclair's refineries is 678,000 barrels per day.

How much renewable diesel does HF Sinclair produce annually?

HF Sinclair produces up to 380 million gallons of renewable diesel annually.

How extensive is HF Sinclair's marketing network?

The company has over 300 distributors and 1,500 wholesale branded sites across 30 states.

What is the length of HF Sinclair's pipeline network?

HF Sinclair's pipeline network spans approximately 4,400 miles.

Where are HF Sinclair's pipelines primarily located?

The pipelines are principally located in the southwestern United States.

What recent achievements has HF Sinclair made?

Recent achievements include advancements in renewable diesel production and forming strategic partnerships to enhance its market position.

How is HF Sinclair performing financially?

HF Sinclair demonstrates strong financial performance, consistently delivering value to its stakeholders.

What is HF Sinclair's commitment to sustainability?

HF Sinclair is committed to sustainable energy solutions, notably through its significant production of renewable diesel.

HF Sinclair Corporation

NYSE:DINO

DINO Rankings

DINO Stock Data

6.43B
171.26M
8.96%
82.73%
3.41%
Oil & Gas Refining & Marketing
Pipe Lines (no Natural Gas)
Link
United States of America
DALLAS