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HF Sinclair DINO Midstream — Sales and other revenues (Note 3)

Other segment segments

Refining
$9.23B+53.3%
Marketing
$1.37B+65.9%
Lubricants & Specialties
$999M+54.9%
Renewables
$486M+88.4%

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$59M-62.9%

Other financials

Income statement

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Revenue$10.4B+53.2%
Gross profit$1.6B+152%
Operating income$1.2B+325%
Net income$892.0M+329%
EPS (diluted)$4.93+348%

Balance sheet

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Cash & equivalents$2.3B+159%
Total debt$3.2B+3.0%
Total equity$10.3B+10.8%
Total assets$19.0B+12.8%

Cash flow

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Operating cash flow$1.5B+157%
CapEx$118.0M+6.3%
Free cash flow$1.4B+192%

Valuation

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Market cap$14.75B+81.9%
Enterprise value$15.73B+51.5%
P/E7.6×
P/S0.5×+0.3×

Profitability

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Gross margin12.9%+10.1pp
Operating margin8.3%
Net margin6.2%
FCF margin3.6%-4.3pp

Returns & leverage

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Return on equity19.9%
Debt / equity0.3×0.0×
Current ratio+0.2×

Where this comes from

Reported directly by HF Sinclair in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: HF Sinclair’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 8:31 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001915657-26-000057
Three Months Ended June 30, 2026Refining / Three Months Ended June 30, 2026Renewables / Three Months Ended June 30, 2026MarketingLubricants & SpecialtiesMidstreamCorporate, Other and EliminationsConsolidated Total
Sales and other revenues:
Revenues from external customers$7,747$243$1,370$998$32$10,390
Intersegment revenues and other (1)1,4812431135(1,860)
9,2284861,370999167(1,860)10,390
Cost of sales: (2)
Cost of materials and other (3)7,6493391,332674(1,861)8,133
Lower of cost or market inventory valuation adjustments3030
Operating expenses4912378602654

Item 1. Financial Statements

FAQ

What is HF Sinclair's midstream — sales and other revenues (note 3)?
HF Sinclair (DINO) reported midstream — sales and other revenues (note 3) of $167M in Q2 2026.
How has HF Sinclair's midstream — sales and other revenues (note 3) changed year-over-year?
HF Sinclair's midstream — sales and other revenues (note 3) increased by 6.4% year-over-year, from $157M to $167M.
What is the long-term trend for HF Sinclair's midstream — sales and other revenues (note 3)?
Over 4 years (2021 to 2025), HF Sinclair's midstream — sales and other revenues (note 3) has grown at a 10.5% compound annual growth rate (CAGR), from $430.67M to $643M.
What does midstream — sales and other revenues (note 3) mean?
This represents the total gross revenue generated by the midstream segment from the transportation, storage, and handling of petroleum products. It reflects the segment's market position and its ability to monetize pipeline and terminal infrastructure. This metric is a primary indicator of the scale and utilization of the company's midstream assets.

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