Record Shareholder Returns
Returned $145 million to shareholders through dividends and share repurchases. Since the Sinclair acquisition, HF Sinclair has returned over $4.2 billion in cash to shareholders and reduced the share count by over 58 million shares.
Improvements in Refining Segment
Refining segment delivered a second quarter adjusted EBITDA of $476 million compared to $187 million in the same period of 2024, driven by higher adjusted refinery gross margins.
Significant Growth in Marketing Segment
Marketing segment delivered $25 million in EBITDA and achieved an adjusted gross margin of $0.10 per gallon. The company grew its branded supplied stores by a net of 55 sites during the quarter.
Operational Efficiency Gains
Operating expense per throughput barrel improved to $7.32, showing progress towards the near-term goal of $7.25 per barrel.
Strong Financial Performance
Reported second quarter net income attributable to shareholders of $208 million, or $1.10 per diluted share, with an adjusted net income of $322 million, or $1.70 per diluted share.