HF Sinclair gains on smaller-than-expected Q1 loss
RefinitivLess than 1 min read
** Shares of U.S. refiner HF Sinclair DINO rise 4.7% to $31.49
** Company reported smaller-than-expected loss in Q1, supported by sequential improvement in refining margins
** DINO posts an adjusted loss of 27 cents/share in Q1 vs est loss of 44 cents/share - data compiled by LSEG
** Company's total crude processed in Q1 rose to 646,580 barrels/day compared with 643,300 bpd, a year earlier
** DINO reports Q1 adjusted refining margins of $9.12/produced barrel, 28% lower than a year earlier but above the $6.68/barrel in 4Q24
** Including session's moves, company's shares down 10% YTD