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 Corporation (NYSE: DINO) has appointed Atanas H. Atanasov as Executive Vice President and Chief Financial Officer, effective September 30, 2022. Atanasov brings over 25 years of experience, having previously served as CFO at Lummus Technology and Kraton Corporation. In addition, Michael C. Jennings is now President of Holly Logistic Services, the general partner of Holly Energy Partners, L.P. (NYSE: HEP). The changes follow the mutual separation from Richard L. Voliva III, former CFO of HF Sinclair.
These appointments aim to strengthen the leadership team in the energy sector.
Sinclair Oil, a brand of HF Sinclair (NYSE: DINO), announced its "Fueling Folds of Honor" initiative, aiming to raise over $700,000 for families of fallen or disabled veterans and first responders. From Sept. 12 to Oct. 16, 2022, a portion of fuel purchases at participating Sinclair stations will support educational scholarships provided by Folds of Honor. This program highlights Sinclair's commitment to serving communities with significant veteran populations. Additionally, customers can donate online or through merchandise sales.
HF Sinclair Corporation (NYSE: DINO) reported a strong second quarter with net income of $1,221.3 million, or $5.43 per diluted share, significantly up from $168.9 million in Q2 2021. Adjusted net income reached $1,258.5 million with an EBITDA of $1,805.9 million. The company returned $200.6 million to shareholders through dividends and share repurchases and announced a quarterly dividend of $0.40 per share, payable on September 1, 2022. Strong performance in refining and marketing segments contributed to these results, despite some losses in renewable operations.
HF Sinclair Corporation (NYSE:DINO) appointed Rhoman J. Hardy to its Board of Directors effective July 2, 2022. This decision expands the Board to twelve directors, with ten being independent. Mr. Hardy brings over 34 years of experience in the oil and gas industry, having held key positions at Shell USA, including Senior VP for Shell Chemicals and Products. His expertise in energy infrastructure and management is expected to contribute positively to HF Sinclair's corporate governance.
HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) are set to announce their financial results for the quarter ending June 30, 2022, on August 8, 2022, prior to market opening. A joint webcast conference will take place at 8:30 a.m. Eastern time to discuss these results. HF Sinclair is an independent energy company with operations in multiple states, focusing on high-value light products including gasoline and renewable diesel. HEP provides transportation and storage services to the petroleum industry.
Holly Energy Partners, L.P. (NYSE: HEP) and HF Sinclair Corporation (NYSE: DINO) will announce their financial results for the quarter ending June 30, 2022, on August 8, 2022, before NYSE trading begins. A joint webcast conference is scheduled for the same day at 8:30 a.m. Eastern time to discuss these results. The webcast can be accessed through a specified link until August 22, 2022. HEP provides transportation, terminaling, and storage services to the petroleum industry, while HF Sinclair produces and markets various light products.
HF Sinclair Corporation (NYSE:DINO) reported a strong first quarter for 2022 with a net income of $160.0 million ($0.90 per diluted share) and adjusted net income of $175.6 million ($0.99 per diluted share). Gross margin increased by 59% to $12.69 per barrel. The company reinstated its quarterly dividend at $0.40 per share, up from $0.35 in Q1 2021, payable on June 2, 2022. The acquisition of Sinclair companies is complete, enhancing operational capacity in renewable diesel production. EBITDA for the quarter reached $359.8 million, reflecting robust refining and lubricants performance.
HF Sinclair Corporation (NYSE: DINO) announced the expiration and final results of its Exchange Offers and Consent Solicitations for HollyFrontier Corporation (HFC) Notes. The offers included the exchange of outstanding HFC Notes for new notes and cash, which expired on April 22, 2022. The total principal amount tendered was $1.41 billion across three series, with participation rates of 82.96% for 2023 Notes, 79.71% for 2026 Notes, and 81.26% for 2030 Notes. Eligible Holders will receive $1,000 principal amount of New Notes and $1.00 in cash for each $1,000 of HFC Notes tendered.
HF Sinclair Corporation (NYSE: DINO) and Holly Energy Partners, L.P. (NYSE: HEP) will announce their financial results for the quarter ending March 31, 2022, on May 9, 2022, before NYSE trading begins. A joint webcast conference is scheduled for the same day at 8:30 a.m. Eastern Time to discuss these results. HF Sinclair, based in Dallas, Texas, is engaged in the production and marketing of gasoline, diesel fuel, and renewable diesel, while HEP focuses on petroleum product transportation and storage services.
Holly Energy Partners, L.P. (NYSE: HEP) and HF Sinclair Corporation (NYSE: DINO) will announce their quarterly results for the period ending March 31, 2022, on May 9, 2022, before NYSE trading opens. A joint webcast is scheduled for the same day at 8:30 a.m. Eastern Time to discuss these financial results. The webcast will be accessible via a provided link, with an audio archive available until May 23, 2022. Both companies are engaged in petroleum product and crude oil services, serving a variety of markets across several U.S. states.
