Strong Financial Performance
HF Sinclair reported third quarter net income attributable to shareholders of $403 million, or $2.15 per diluted share. Adjusted net income was $459 million, or $2.44 per diluted share, compared to $96 million, or $0.51 per diluted share for the same period in 2024. Adjusted EBITDA for the quarter was $870 million compared to $316 million in the third quarter of 2024.
Record Low Operating Expenses
The company achieved a record low operating expense of $7.12 per throughput barrel, surpassing their goal of $7.25 per barrel.
Marketing Segment Growth
The Marketing segment delivered record EBITDA of $29 million, with an adjusted gross margin of $0.11 per gallon. 146 branded sites were added through the third quarter of 2025.
Strategic Expansion Projects
HF Sinclair announced strategic projects including a jet project at the PSR refinery, and evaluating a multiphase expansion of their midstream refined products footprint across PADD 4 and PADD 5 to supply the West Coast.