HF Sinclair reports $7.1 billion in revenue
HF Sinclair has reported a significant shift toward profitability, with earnings per share of $3.56 in the first quarter of 2026. This is a substantial improvement from a loss per share of $0.02 in 2025.
The company’s revenue increased 12% year over year to $7.1 billion, driven by higher adjusted refinery gross margins and refined product sales volumes.
HF Sinclair’s transition to renewable diesel has allowed it to capitalize on lucrative environmental credits and growing demand for low-carbon fuels, positioning itself as a leader in a market defined by carbon-intensity regulations and tax incentives.