HF Sinclair Corp

DINO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$58.00	Bstzyg	Lblncfj

HF Sinclair Earnings: Earnings Slide as Share Repurchases Start With a Big Buy

Allen Good

Nov 2, 2023

HF Sinclair's third-quarter adjusted earnings decreased to $760.4 million from $982.9 million a year ago, exceeding market expectations, on lower refining earnings that more than offset earnings improvement in the other segments, particularly lubricants. The firm returned $669.2 million to shareholders, including $585.6 million in repurchases (nearly 6% of market cap), which began during the quarter.

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