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BUZZ-HF Sinclair falls on bigger-than-expected quarterly loss

ReutersFeb 20, 2025 3:44 PM

Updates

Shares of refiner HF Sinclair DINO.N fall 1.6% to $37

Company posts bigger-than-expected Q4 loss due to a slump in refining margins

Company's adjusted refinery margin falls to $6.86 per produced barrel in Q4, compared with $13.58 a year earlier

*Overall sales of products that DINO refines, such as gasoline and diesel, fell 9.4% to 596,800 barrels per day (bpd) compared with a year ago period

DINO posts Q4 adj. loss of $1.02/share vs estimates for loss of 90 cents/share, according to data compiled by by LSEG

Including session's moves, shares up 5.82% YTD

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