HF Sinclair (NYSE:DINO) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$7.21b (down 19% from 3Q 2023).
- Net loss: US$75.9m (down by 110% from US$783.7m profit in 3Q 2023).
- US$0.40 loss per share (down from US$4.23 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HF Sinclair Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's shares are down 10% from a week ago.
Risk Analysis
You still need to take note of risks, for example - HF Sinclair has 3 warning signs we think you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if HF Sinclair might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:DINO
Flawless balance sheet with moderate growth potential.
