Reports Q4 revenue $6.46B, consensus $6.07B. The company said, “The Company’s Q4 results reflect seasonal weakness in refining cracks, along with the Puget Sound Refinery turnaround and the unplanned Artesia refinery event. For FY25, the Company achieved record earnings in both its Midstream and Marketing businesses and achieved the Company’s lowest annual refining operating expense per barrel. During the year, the Company also returned over $724 million in cash to shareholders through share repurchases and dividends, and today, the Company announced a 50c regular quarterly dividend. Looking forward, the Company remains focused on safe and reliable operations, continued growth in its Midstream, Lubricants and Marketing segments and returning excess cash to the Company’s shareholders.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DINO:
- DINO Upcoming Earnings Report: What to Expect?
- HF Sinclair price target raised to $61 from $60 at Morgan Stanley
- HF Sinclair price target lowered to $62 from $66 at Scotiabank
- HF Sinclair price target lowered to $67 from $68 at Piper Sandler
- HF Sinclair price target lowered to $51 from $54 at Barclays
