HF Sinclair Reports 2026 First Quarter Results and Announces Regular Cash Dividend

HF Sinclair reported a strong turnaround in the first quarter of 2026, swinging from a net loss of $4 million a year ago to net income of $648 million. Revenue rose 12% to $7.12 billion, supported by improved margins across all business segments, particularly in Renewables and Refining. Adjusted EBITDA more than doubled to $426 million from $201 million in the prior-year quarter, driven by higher renewables margins, increased sales volumes, and favorable refinery crack spreads. The company returned $167 million to shareholders through a $91 million dividend payment and $76 million in share repurchases.

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