HF Sinclair Q1 net income $648 million, or $3.56 per share, vs. prior-year loss
HF Sinclair reported first quarter 2026 net income attributable to stockholders of $648 million, or $3.56 per diluted share, compared with a net loss of $4 million, or $(0.02) per share, a year earlier. Sales and other revenues rose 12% to $7.12 billion, and the company declared a regular quarterly dividend of $0.50 per share, unchanged from the prior year, for shareholders. Reported results include a $604 million benefit from lower of cost or market inventory valuation adjustments in the Refining segment, and the company also reported adjusted net income of $127 million, or $0.69 per diluted share.
Key points
- Adjusted net income attributable to stockholders was $127 million, or $0.69 per diluted share, versus an adjusted net loss of $50 million, or $(0.27) per share, in Q1 2025.
- Sales and other revenues were $7,123 million, up $753 million, or 12%, from $6,370 million in Q1 2025.
- Regular quarterly dividend of $0.50 per share is payable June 2, 2026, to holders of record on May 11, 2026.
- Cash and cash equivalents were $1,148 million at March 31, 2026, up from $978 million at December 31, 2025; consolidated debt was $2,771 million.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.