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HF Sinclair Corporation Reports 2024 Fourth Quarter and Full Year Results and Announces Regular Cash Dividend

1. HF Sinclair reports Q4 net loss of $214M versus $62M last year. 2. Loss per share increased to -$1.14, intensifying investor concerns.

Earnings
-2.17%Current Return
VS
-1.7%S&P 500
$37.8602/20 06:39 AM EDTEvent Start
$37.0402/21 01:12 PM EDTLatest Updated
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FAQ

Why Bearish?

The sizable jump in net loss and loss per share signals deteriorating profitability. Similar earnings reports with sharper losses historically led to quick share price declines until corrective measures were implemented.

How important is it?

The dramatic increase in losses is a significant red flag for investors, making it highly relevant for short-term price movements.

Why Short Term?

Earnings announcements typically drive immediate market reactions. The negative quarterly performance is likely to impact investor sentiment and trading activity in the near term.

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DINO
DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair” or the “Company”) today reported fourth quarter Net loss attributable to HF Sinclair stockholders of $214 million, or $(1.14) per diluted share, for the quarter ended December 31, 2024, compared to Net loss attributable to HF Sinclair stockholders of $62 million, or $(0.34) per diluted share, for the quarter ended December 31, 2023. Excluding the adjustments shown in the accompanying earnings release table, adjusted net.

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