Vaishali Bhatia, EVP at HF Sinclair (NYSE:DINO), disclosed an insider sell on December 5, according to a recent SEC filing.
What Happened: Bhatia's decision to sell 18,465 shares of HF Sinclair was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value of the sale is $1,001,541.
The latest update on Wednesday morning shows HF Sinclair shares down by 0.42%, trading at $54.12.
All You Need to Know About HF Sinclair
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
HF Sinclair's Economic Impact: An Analysis
Decline in Revenue: Over the 3 months period, HF Sinclair faced challenges, resulting in a decline of approximately -15.98% in revenue growth ...