Company aims to separate lubricants business within 12-18 months while adjusting leadership and refining capacity goals.
HF Sinclair announced plans to separate its lubricants business within 12-18 months, targeting refining runs of 590,000-620,000 barrels per day in Q3 2026. The move follows leadership changes, including the appointment of Steven Ledbetter as President and COO.
The company adjusted its executive structure, with Valerie Pompa taking on growth and organic improvement responsibilities. Refining capacity targets for Q3 2026 reflect operational adjustments amid market conditions, though prior quarter benchmarks were not disclosed.
Management outlined strategic priorities during its Q2 2026 earnings call, emphasizing operational efficiency and long-term growth initiatives.