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AI brief of an SEC Form 8-K · HF Sinclair (DINO)

HF Sinclair Q3 profit rises to $2.0 billion; Ledbetter to become CEO in January 2027

Positive Impact 4 of 5 earnings

HF Sinclair reported third quarter 2026 net income attributable to stockholders of $2,015 million, or $11.38 per diluted share, up from $403 million, or $2.15 per diluted share, a year earlier, on sales and other revenues of $10,857 million. The company also named President and Chief Operating Officer Steve Ledbetter as Chief Executive Officer and President effective January 1, 2027, succeeding Franklin Myers, who will remain as Executive Chairperson to advise on the planned separation of its Lubricants & Specialties segment. The board also declared a regular quarterly dividend of $0.525 per share.

Key points

  • Net income attributable to HF Sinclair stockholders was $2,015 million, or $11.38 per diluted share, for the quarter ended September 30, 2026, versus $403 million, or $2.15 per diluted share, a year earlier.
  • Sales and other revenues were $10,857 million, up 50% from $7,251 million in the third quarter of 2025.
  • Regular quarterly dividend of $0.525 per share, payable December 2, 2026, to holders of record on November 12, 2026.
  • Steve Ledbetter becomes CEO and President effective January 1, 2027; Franklin Myers continues as Executive Chairperson until the Lubricants & Specialties separation is completed.

The filing

CompanyHF Sinclair (DINO)
Form8-K, current report
Filed with the SECOct 28, 2026, 6:32 AM ET
Accession number0001915657-26-000071

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.