HF Sinclair Posts $892 Million Profit, Shares Rise More Than $5
HF Sinclair reported second-quarter net income of $892 million, more than four times the same period last year, as elevated refinery crack spreads boosted margins.
The results mark the company’s strongest profit since 2022, sending shares up more than $5 in pre-market trading. The refiner’s price-to-earnings ratio currently stands at approximately 13.7.
From the sources (4 posts)
@tomklozaHF Sinclair ($DINO) is first US refinery out of the gate with 2Q earnings and they are spectacular. Net income soars to $892-million or more than 4 times what they saw in 2Q 2026. Stock is up more than $5/share in pre-market action.
@staunovoRT @TomKloza: HF Sinclair ($DINO) is first US refinery out of the gate with 2Q earnings and they are spectacular. Net income soars to $892-…
@gasbuddyguynot shocking that Sinclair just posted the company's strongest profit since 2022- refinery cracks are high and fundamentals are extremely strong- to own a refinery today is like sitting on a gold mine. stock has a PE ratio of just ~13.7.
@staunovoRT @GasBuddyGuy: not shocking that Sinclair just posted the company's strongest profit since 2022- refinery cracks are high and fundamental…