HF Sinclair Corporation (DINO) Earnings Call Transcripts

HF Sinclair Corporation's Latest Earnings Call - Q1 FY2026

HF Sinclair Corporation reported its Q1 2026 earnings with net income attributable to shareholders at $648 million, or $3.56 per diluted share, significantly influenced by special items. Excluding these, adjusted net income was $127 million, or $0.69 per share, compared to a loss in the prior year. Revenue and earnings were bolstered by strong performance across segments, particularly in Renewables and Lubricants, despite ongoing geopolitical tensions affecting crude supply. Management maintained full-year capital spending guidance and projected Q2 crude runs between 600,000 to 630,000 barrels per day.

Reported metrics

Guidance from management

Management maintained full-year capital spending guidance and expects Q2 2026 crude runs between 600,000 to 630,000 barrels per day, reflecting planned maintenance activities.

What management said

Yes. Manav, as you know, we've continued to high grade the molecules that we have on hand. We're moving into more specialized finished lubricants and specialties applications. We continue to execute on our plan of tucking in those opportunities for acquisition like you've seen with industrial oils unlimited over the past several months. And we're going to look for those opportunities going forward and continue to ref...

And Manav, let me add one thing. This is Franklin. Part of the reason I'm here is to give the executive team the confidence to continue with the plan and making sure that they have the tools and the resources to continue with the actions that Steve and Matt mentioned. There is no let up on the focus of what we're trying to do here.

What analysts pressed on

Analysts expressed concerns about the impact of geopolitical tensions on crude supply and the potential for demand destruction due to high product prices. Questions also focused on management stability and strategic direction amid leadership changes.

Main topics on the call

• Renewables Segment Performance — The Renewables segment reported adjusted EBITDA of $133 million, a significant improvement from a negative $17 million in Q1 2025. Management attributed this to 'increased sales volume and higher adjusted renewable gross...
• Lubricants and Specialties — The Lubricants segment achieved adjusted EBITDA of $103 million, up from $85 million in Q1 2025, driven by pricing actions and a large FIFO benefit. Management noted 'unprecedented cost inflation' but expects continued p...
• Refining Operations — Refining operations saw adjusted EBITDA of $55 million, a turnaround from a negative $8 million in Q1 2025, with crude charge at 613,000 barrels per day. Management highlighted 'refining margin strength' and operational ...
• Geopolitical Impact on Crude Supply — The Middle East conflict has caused 'substantial and material disruption' to crude oil markets, creating volatility. Management remains 'nimble' in addressing these challenges.

Read the full HF Sinclair Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 31 HF Sinclair Corporation earnings call transcripts on record, spanning February 20, 2020 to July 28, 2026. Based on this history, HF Sinclair Corporation reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DINO

Exchange

NYSE

Country

US

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

31

First call

February 20, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly