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HF Sinclair DINO

HF Sinclair scores weak on business quality (3.7 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$121.30Oct 9, 2026
Business qualityWeak
Next earningsOct 28, 2026, before the open
Insiders, 90 daysBuying

Why it matters

  1. What HF Sinclair does

    HF Sinclair refines crude oil into gasoline, diesel, and jet fuel across multiple US regions, selling products through wholesale and retail channels. The company recently spun off its lubes unit and expanded share buybacks to reshape its portfolio.

  2. What it does best

    HF Sinclair operates with a solid gross margin of 20.9%, outperforming peer VLO at 8.0%. This efficiency stems from strategic refinery locations that capture advantageous regional crude oil discounts.

  3. The main risk

    A spinning off of the lubes unit and declining revenue of 6.0% leave the refining core heavily exposed to volatile crack spreads and shifting fuel demand.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin rests at 8.4% alongside a net margin of 6.1%, supported by free cash flow of $2.3B. The business generates strong cash when spreads cooperate, but lacks structural margin expansion.

MoatWeak

Physical refinery infrastructure creates regional barriers, placing gross margin in the bottom quartile of its sector at 17th percentile, which limits lasting competitive advantages.

GrowthSlow

Revenue contracted by 6.0% with annual sales falling from $32.0B in 2023 to $31.2B, reflecting a severe top-line slowdown against its historical trajectory.

Financial healthStrong

Debt-to-equity sits at 0.3x with interest coverage at 14.9x, meaning interest costs are well-managed. Free cash flow reached $2.3B, pointing to a resilient balance sheet getting stronger.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 insider bought $1.3M on the open market. 1 sold $756K outside pre-planned sales.

Our sealed record on DINO

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is DINO a good business?

HF Sinclair scores weak on the Cluenex quality check (3.7 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health strong.

Are insiders buying DINO?

In the last 90 days of SEC Form 4 filings: 1 insider bought $1.3M on the open market. 1 sold $756K outside pre-planned sales.

When does DINO report earnings?

Oct 28, 2026, before the open.

For members

See DINO today

  • Today's verdict on DINO, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “HF Sinclair (DINO)”, https://cluenex.com/stocks/dino/, data as of Oct 10, 2026.