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HF Sinclair: A Good Quarter, But Smaller Scale Makes Chasing Crack Spreads Risky

Source: SeekingAlpha

2025-12-10 22:09:01 ET

Thesis

HF Sinclair ( DINO ) reported very strong results in Q3. The company reported earnings of $2.15/share, driven by strong crack spreads and solid operational performance. The strong earnings allowed DINO to grow its cash reserves while also buying back $160 million of company shares....

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HF Sinclair: A Good Quarter, But Smaller Scale Makes Chasing Crack Spreads Risky
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