HF Sinclair Corp (DINO)
🔔 Watch stock
HF Sinclair (NYSE: DINO), the U.S. refiner from the HollyFrontier-Sinclair merger, shows up in our "Joshua" growth scanner — and, at the same time, in a dozen value and trend filters (data as of July 17, 2026). We read the annual reports (10-K) for fiscal years 2024 and 2025: net income that crashed from $2.9 billion (2022) to $177 million (2024) and climbed back to $579 million (2025), a renewables segment with a negative gross margin in every year — and a stock whose price-to-earnings ratio looks lowest exactly when the danger is highest. Not investment advice — just the question of which single point on a sine wave you are mistaking for a trend line.
Appears in These Scanners
This stock currently matches 12 of our scanner strategies — each hit links to the scanner.
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Basics
Performance
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
AI Rating
NeutralHF Sinclair ist ein Erdölraffineriekonzern (Refining, Renewables, Marketing, Lubricants & Specialties, Midstream). In den ausgewerteten SEC-Berichten findet sich kein wesentlicher KI-Bezug: keine KI-Produkte oder -Dienste als Umsatzquelle, kein dokumentierter operativer KI-Einsatz und keine konkrete KI-Bedrohung des Geschäftsmodells. Die einzige KI-Erwähnung im 10-K für das Geschäftsjahr 2025 ist eine Boilerplate-Cybersecurity-Risikofloskel („Emerging artificial intelligence … technologies may improve or expand the capabilities of malicious third parties …“) ohne konkreten Bezug zum eigenen Geschäftsmodell — nach Kriterienkatalog kein „bedroht“-Beleg. Dokumentierter Negativ-Befund → neutral.
View the full file — quotes, sources, reviewed filings
„Emerging artificial intelligence (“AI”) technologies may improve or expand the capabilities of malicious third parties in a way we cannot predict at this time…"
Aufkommende Technologien der künstlichen Intelligenz („KI“) könnten die Fähigkeiten böswilliger Dritter auf eine Weise verbessern oder erweitern, die wir derzeit nicht vorhersehen können …
Filings Reviewed: 10-Q 2026-05-01 · 10-Q 2025-10-30 · 10-Q 2025-07-31 · 10-Q 2025-05-01 · 10-K 2026-02-27 · 10-K 2025-02-20
Rated on July 17, 2026 · How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | -1.11 | – | 6,500 | -15.10 | -3.30 | -140 | -314 |
| 2025: Q1 | -0.02 | -101.30 | 6,370 | -9.40 | -0.10 | -89 | -175 |
| 2025: Q2 | 1.10 | 39.40 | 6,784 | -13.50 | 3.10 | 587 | 476 |
| 2025: Q3 | 2.16 | – | 7,251 | 0.60 | 5.60 | 809 | 930 |
| 2025: Q4 | -0.15 | – | 6,464 | -0.60 | -0.40 | 8 | -587 |
| 2026: Q1 | 3.59 | – | 7,123 | 11.80 | 9.10 | 457 | 355 |
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Assessment: Opportunities & Risks
A cash machine in good years: $2.9 billion of net income in 2022, $1.3 billion of operating cash flow even in the mediocre year 2025, Q1 2026 already above the entire prior year at $3.56 per share (10-K FY 2025, 10-Q as of 03/31/2026).
The profit is a margin that belongs to no one: EPS from $14.28 through $0.91 to $3.08 (2022–2025), Refining operating income in a $167 million loss in 2024. A low P/E is often a warning sign here, not evidence of a bargain (10-K FY 2025, Item 1A).
The green business of the future burns cash: a negative gross margin in fiscal years 2023, 2024 and 2025 (down to minus $129 million), a $133 million operating loss in 2025 — and the supporting funding programs are being curtailed by the OBBBA law, per the 10-K.
Quiet anchors against the refining cycle: Midstream (pipelines) earned a steady $363 million of operating income in 2025, plus profitable lubricants and the growing Sinclair brand; a solid balance sheet with $978 million in cash, roughly $3.0 billion of liquidity and $9.2 billion of equity (12/31/2025).
Optically cheap on revenue (P/S ~0.4) and book value (P/B ~1.3), dividend stable at $2.00 per share since 2024 — but buybacks shrank with the profit from $1.37 billion (2022) to $354 million (2025); the "cheap plus buyback" story carries least in the low-margin year (data as of July 17, 2026).
HF Sinclair is a soundly run, broadly diversified U.S. refiner with a quiet pipeline anchor (Midstream $363 million of operating income in 2025) and an honest balance sheet — but its profit is a refining margin that belongs to no one and swung from $14.28 through $0.91 to $3.08 per share (2022–2025). The green Renewables segment posts a negative gross margin every year, and a price-to-earnings ratio around 10 is ambiguous on a cyclical: a bargain at the bottom, a trap at the top. Whoever invests here buys not plannable earning power but a point on a sine wave. Not investment advice.
- DINO reached our research list via the "Joshua" growth scanner (as of July 17, 2026); the confluence with eleven more scanners — including several value filters (Tobias Carlisle, O'Shaughnessy) and trend filters (Stan Weinstein stage 2) — is typical for a cyclical at the turn and is not double proof, but the same one twice.
- Scanner metrics (P/E, P/S, P/B) are computed from trailing or expected figures; on a cyclical the reported P/E depends massively on which year sits in the denominator — which is why the order of magnitude matters more than the decimal place.
- Price and valuation figures are dated to July 17, 2026 (market value roughly $11 billion); analyses are evergreen, daily prices are not a buy argument. HF Sinclair's fiscal year ends December 31; identity and history (merger 03/14/2022, no former names) verified via EDGAR submissions.
About the Company
HF Sinclair Corporation ist ein unabhängiges Energieunternehmen in den USA. Es ist in fünf Segmenten tätig: Refining, Renewables, Marketing, Lubricants & Specialties und Midstream.
| Employees | 5,165 |
|---|---|
| Headquarters | Dallas, TX |
| Website | hfsinclair.com |
| IPO Date | 17. Mar 1992 |
| Next Earnings | 28. Jul 2026 |
Management
| Name | Title | Birth Year |
|---|---|---|
| Franklin Myers J.D. | CEO & President and Chairman of the Board | 1953 |
| Valeria Pompa | Executive Vice President of Operations | 1969 |
| Eric L. Nitcher | Executive VP & General Counsel | 1963 |
| Steven C. Ledbetter | Executive Vice President of Commercial | 1976 |
| Vivek Garg | Acting CFO, Chief Accounting Officer, VP & Controller | 1975 |
| Craig Biery | Vice President of Investor Relations | – |
| Dale Kunneman | Senior VP & Chief Human Resources Officer | – |
| Jerry P. Miller | Senior Vice President of Commercial | – |
| Matt Joyce | Senior Vice President of Lubricants & Specialties | – |
| John Wayne Harrison Jr. | VP of Finance & Strategy and Treasurer | 1979 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 20, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.