HF Sinclair Corporation (the “Corporation”) (NYSEDINO) today announced that it will redeem all of the outstanding 5.785% Senior Notes due 2026 (the “Notes”) of HollyFrontier Corporation, its wholly owned subsidiary. The redemption price for the Notes will equal the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the “make-whole” redemption premium specified in the indenture, as supplemented, governing the Notes, plus, in either case, accrued and unpaid interest to the Redemption Date (as defined below) The redemption of the Notes is scheduled to occur on February 16, 2025 (the “Redemption Date”). The Corporation intends to fund the redemption with the net proceeds of the Corporation’s registered offering of $1,400,000,000 aggregate principal amount of senior notes completed on January 23, 2025. On and after the Redemption Date, the Notes will no longer be deemed outstanding, interest will cease to accrue thereon and all rights of the holders of the Notes will cease, except for the right to receive the redemption price. This release does not constitute a Notice of Redemption of the Notes.
HF Sinclair Corporation (NYSEDINO) (“HF Sinclair”) plans to announce results for the quarter ending December 31, 2024, on February 20, 2025, before the opening of trading on the NYSE. HF Sinclair has scheduled a webcast conference on February 20, 2025, at 8:30 a.m. Eastern time to discuss financial results.
HF Sinclair Corporation (NYSEDINO) (the “Corporation”) announced today that it has priced an offering of $1,400,000,000 aggregate principal amount of its senior notes, consisting of $650,000,000 aggregate principal amount of 5.750% Senior Notes due 2031 (the “2031 Notes”) and $750,000,000 aggregate principal amount of 6.250% Senior Notes due 2035 (the “2035 Notes”, and together with the 2031 Notes, the “Notes”) at a price to the public of 99.667% and 99.475%, respectively, of the principal amount thereof. The offering is expected to close on January 23, 2025, subject to the satisfaction of customary closing conditions.
The Energy Sector is an interesting sector and there are a lot of things we can learn from valuing the Energy Sector about investing itself and about valuation.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
Sinclair Oil (Sinclair), an HF Sinclair (NYSEDINO) brand, today announced its upcoming partnership with Folds of Honor, a nonprofit organization that helps the families of American fallen or disabled service members and first responders gain an education through scholarship funding.
HF Sinclair Corporation (NYSEDINO) (“HF Sinclair” or the “Company”) today reported third quarter Net loss attributable to HF Sinclair stockholders of $(75.9) million, or $(0.40) per diluted share, for the quarter ended September 30, 2024, compared to $790.9 million, or $4.23 per diluted share, for the quarter ended September 30, 2023. Excluding the adjustments shown in the accompanying earnings release table, adjusted net income attributable to HF Sinclair stockholders for the third quarter of 2024 was $96.5 million, or $0.51 per diluted share, compared to $760.4 million, or $4.06 per diluted share, for the third quarter of 2023.
HF Sinclair Corporation (NYSEDINO) (“HF Sinclair”) plans to announce results for the quarter ending September 30, 2024, on October 31, 2024, before the opening of trading on the NYSE. HF Sinclair has scheduled a webcast conference on October 31, 2024, at 9:30 a.m. Eastern time to discuss financial results.
Two weeks ago we turned to a more bullish stance, which has proved to be correct, though we still await the explosive movement out of these consolidations.
