Quarterly ResultJul 30, 2026, 08:37 AM
HF Sinclair Q2 Net Income $892M, EPS $4.93; Sales $10.39B
AI Summary
HF Sinclair reported a significant increase in net income and EPS for Q2 2026, with net income attributable to stockholders rising to $892 million and basic EPS to $4.93. Sales and other revenues also saw a substantial increase to $10.39 billion. The company acquired Industrial Oils Unlimited for $40 million in January 2026 and announced the retirement of its Mississauga, Ontario base oil refining assets by the second half of 2027.
Key Highlights
- Net income attributable to stockholders rose to $892M in Q2 2026, up from $208M in Q2 2025.
- Basic earnings per share (EPS) increased to $4.93 in Q2 2026, compared to $1.10 in Q2 2025.
- Sales and other revenues reached $10.39B for Q2 2026, a 53.1% increase from $6.78B in Q2 2025.
- Acquired Industrial Oils Unlimited for $40M in January 2026, enhancing lubricants and specialty fluids.
- Announced the retirement of Mississauga, Ontario base oil refining assets by H2 2027.
- Net cash provided by operating activities was $1.97B for the six months ended June 30, 2026.
- Purchased $255M of treasury stock during the six months ended June 30, 2026.
- Declared a quarterly dividend of $0.50 per common share.
Price Impact
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