HF Sinclair Corporation (DINO)
NYSE:DINO
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.98Last Year’s EPS
1.7Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: adjusted EBITDA more than doubled year-over-year, renewables moved from loss to strong profitability with double-digit volume growth, marketing and lubricants showed solid performance, liquidity is robust and shareholder returns remain active. However, notable caveats include substantial one-time inventory and tax benefits that materially boosted reported income, ongoing lubricant feedstock inflation, a recent midstream contamination incident, geopolitical-driven market volatility, and management leadership uncertainty. On balance the company demonstrated strong operating execution, cash generation and strategic progress but with several risks that warrant monitoring.Company Guidance
Strong Reported and Adjusted Earnings
Reported net income attributable to Sinclair shareholders of $648 million ($3.56 per diluted share). Adjusted net income of $127 million ($0.69 per diluted share) vs an adjusted net loss of $50 million (-$0.27) in Q1 2025.
Material Increase in Adjusted EBITDA
Adjusted EBITDA of $426 million in Q1 2026 vs $201 million in Q1 2025 (increase of $225 million, ~+112%).
Refining Recovery (Excluding Inventory Benefit)
Refining adjusted EBITDA (excluding a $604M LOCM inventory benefit) of $55 million vs negative $8 million in Q1 2025, driven by stronger West region margins and higher refined product sales.
Renewables Turnaround and Volume Growth
Renewables adjusted EBITDA (excluding $68M LOCM benefit) of $133 million vs -$17 million in Q1 2025. Sales volume 52 million gallons vs 44 million gallons (+18.2%). Drivers: higher renewable gross margins, narrowing spreads, higher RINs and producer tax credit recognition (including $49M prior-year PTC benefit).
Marketing and Retail Expansion
Marketing EBITDA $28 million vs $27 million prior year. Branded fuel sales 325 million gallons vs 294 million (+10.5%). Added 25 branded sites in the quarter and >100 sites contracted to come online in 6–12 months; expect ~10% annual branded site growth.
Lubricants Segment Profitability and Pricing Actions
Lubricants and Specialty adjusted EBITDA $103 million vs $85 million in Q1 2025 (+~21%). Implemented multiple pricing actions to recover unprecedented feedstock cost inflation; recognized a FIFO benefit of $53 million (vs $8 million prior year).
Strong Liquidity and Shareholder Returns
Net cash provided by operations $457 million (included $119M turnaround spend). Capital expenditures $102 million. Liquidity ~$3.15 billion (cash ~$1.15B + $2B undrawn facility). Returned $167 million to shareholders in the quarter; since March 2022 returned >$4.9 billion and reduced share count by >66 million. Board declared $0.50/share quarterly dividend.
Operational Performance and Safety
Completed two turnarounds (Puget Sound and Woods Cross) and ran reliably at the upper end of guidance — crude charge ~613,000 bpd (vs ~606,000 bpd prior year). Recorded an excellent safety quarter with no Tier 1 process safety events.
Capital Projects Enhancing Flexibility and Yield
Puget Sound flexibility project enables ~7,000 bpd swing between diesel and jet; El Dorado vacuum furnace project expected to allow up to incremental 10,000 bpd heavy crude (online as part of fall turnaround).
DINO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DINO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2026 | $66.75 | $68.69 | +2.92% |
Feb 18, 2026 | $56.88 | $50.70 | -10.86% |
Oct 30, 2025 | $52.58 | $51.41 | -2.22% |
Jul 31, 2025 | $41.86 | $42.36 | +1.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HF Sinclair Corporation (DINO) report earnings?
HF Sinclair Corporation (DINO) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is HF Sinclair Corporation (DINO) earnings time?
HF Sinclair Corporation (DINO) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DINO EPS forecast?
DINO EPS forecast for the fiscal quarter 2026 (Q2) is 2.98.