HF Sinclair Corp

For the period ended Sep 30, 2025. Filed Oct 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 30, 2025

DINO$99.76+2.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets (Unaudited)

CONSOLIDATED BALANCE SHEETS

(In millions, except share data)

	September 30, 2025	December 31, 2024
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$1,451	$800
Accounts receivable, net: Product and transportation	1,220	1,074
Crude oil resales	111	177
	1,331	1,251
Inventories: Crude oil and refined products (Note 8)	2,488	2,495
Materials, supplies and other	295	303
	2,783	2,798
Income taxes receivable	17	70
Prepayments and other	62	95
Total current assets	5,644	5,014
Properties, plants and equipment, at cost	11,253	10,931
Less: accumulated depreciation	(4,741)	(4,373)
	6,512	6,558
Operating lease right-of-use assets	361	355
Other assets: Turnaround costs	840	777
Goodwill	2,978	2,977
Intangibles and other	929	962
	4,747	4,716
Total assets	$17,264	$16,643
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$2,210	$2,236
Income taxes payable	12	3
Operating lease liabilities	86	77
Current debt (Note 11)	—	350
Accrued liabilities (Note 9)	642	377
Total current liabilities	2,950	3,043
Long-term debt, net (Note 11)	2,768	2,288
Noncurrent operating lease liabilities	301	301
Deferred income taxes	1,285	1,224
Other long-term liabilities (Note 9)	465	441
Total liabilities	7,769	7,297
Commitments and Contingencies (Note 15)
Equity:
HF Sinclair stockholders’ equity:
Preferred stock, $1.00 par value – 5,000,000 shares authorized; none issued	—	—
Common stock, $0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of September 30, 2025 and December 31, 2024, respectively	2	2
Additional capital	6,018	5,998
Retained earnings	5,493	5,170
Accumulated other comprehensive loss (Note 14)	(27)	(47)
Common stock held in treasury, at cost – 39,284,989 and 34,826,009 shares as of September 30, 2025 and December 31, 2024, respectively	(2,056)	(1,845)
Total HF Sinclair stockholders’ equity	9,430	9,278
Noncontrolling interest	65	68
Total equity	9,495	9,346
Total liabilities and equity	$17,264	$16,643

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.