HF Sinclair Corp

DINO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$34.00	Nkgqz	Lmcrrmbz

HF Sinclair Earnings: Weakening Margins and Volumes Hit Earnings, but Renewable Segment Improves

Allen Good

Aug 4, 2023

HF Sinclair's second-quarter adjusted earnings decreased to $503.8 million from $1.3 billion a year ago as refining margins fell 39%. The firm returned $87.3 million to shareholders via the dividend but made no share buybacks, unlike many of its peers. Management provided no update on the proposed buyout of Holly Energy Partners.

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