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HF Sinclair DINO Midstream — Selling, general and administrative expenses

Other segment segments

Refining
$65M+25.0%
Lubricants & Specialties
$41M-4.7%
Marketing
$10M+11.1%
Renewables
$1M

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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:SellingGeneralAndAdministrativeExpense.

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
Lower of cost or market inventory valuation adjustments3030
Operating expenses4912378602654
8,1403921,33275260(1,859)8,817
Selling, general and administrative expenses (2)6511041211130
Depreciation and amortization146168251815228
Other operating expenses, net4747
Income (loss) from operations$877$30$20$181$87$(27)$1,168
Earnings of equity method investments6

Item 1. Financial Statements

FAQ

What is HF Sinclair's midstream — selling, general and administrative expenses?
HF Sinclair (DINO) reported midstream — selling, general and administrative expenses of $2M in Q2 2026.
How has HF Sinclair's midstream — selling, general and administrative expenses changed year-over-year?
HF Sinclair's midstream — selling, general and administrative expenses decreased by 0.0% year-over-year, from $2M to $2M.
What is the long-term trend for HF Sinclair's midstream — selling, general and administrative expenses?
Over 4 years (2021 to 2025), HF Sinclair's midstream — selling, general and administrative expenses has grown at a -13.7% compound annual growth rate (CAGR), from $12.64M to $7M.
What does midstream — selling, general and administrative expenses mean?
This includes the indirect costs associated with managing the midstream segment, such as administrative salaries, office overhead, and corporate allocations. It reflects the efficiency of the segment's management and support functions. High SG&A relative to revenue may indicate administrative bloat or inefficient organizational structure.

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