U.S. Refiner HF Sinclair Swings To Loss as Margins Shrink

Texas-based refiner HF Sinclair Corporation (NYSE: DINO) on Thursday reported a loss for the fourth quarter compared to a profit for the same period of 2023 as refining margins in the United States continued to drop last year.  HF Sinclair booked an adjusted net loss of $191 million, or a loss of $1.

02 per share, for Q4 2024, compared to an adjusted net income of $165 million, or $0.87 earnings per share, for the fourth quarter of 2023. The loss for the fourth quarter of 2024 was bigger than the $0.89 per-share loss expected in the analyst…