HF Sinclair Corp

For the period ended Mar 31, 2024. Filed May 8, 2024.

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.

Mar 31, 2024 · Filed May 8, 2024

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

(In thousands, except share data)

	March 31,2024	December 31,2023
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$1,240,860	$1,353,747
Accounts receivable: Product and transportation	1,649,800	1,527,950
Crude oil resales	163,777	197,169
	1,813,577	1,725,119
Inventories: Crude oil and refined products	2,868,039	2,645,724
Materials, supplies and other	262,846	276,107
	3,130,885	2,921,831
Income taxes receivable	42,841	56,528
Prepayments and other	94,297	89,229
Total current assets	6,322,460	6,146,454
Properties, plants and equipment, at cost	10,609,735	10,533,432
Less: accumulated depreciation	(4,021,845)	(3,906,600)
	6,587,890	6,626,832
Operating lease right-of-use assets	390,566	348,006
Other assets: Turnaround costs	660,306	644,957
Goodwill	2,977,511	2,977,744
Intangibles and other	977,257	972,272
	4,615,074	4,594,973
Total assets	$17,915,990	$17,716,265
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$2,276,556	$2,205,759
Income taxes payable	57,440	8,772
Operating lease liabilities	97,973	106,973
Accrued liabilities	485,966	453,045
Total current liabilities	2,917,935	2,774,549
Long-term debt, net	2,678,645	2,739,083
Noncurrent operating lease liabilities	309,370	249,479
Deferred income taxes	1,307,585	1,297,130
Other long-term liabilities	426,366	418,726
Total liabilities	7,639,901	7,478,967
Commitments and Contingencies (see Note 13)
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 March 31, 2024 and December 31, 2023, respectively	2,232	2,232
Additional capital	5,991,464	5,993,661
Retained earnings	5,594,493	5,379,182
Accumulated other comprehensive loss	(22,277)	(11,784)
Common stock held in treasury, at cost – 26,077,193 and 23,235,599 shares as of March 31, 2024 and December 31, 2023, respectively	(1,357,594)	(1,194,201)
Total HF Sinclair stockholders’ equity	10,208,318	10,169,090
Noncontrolling interest	67,771	68,208
Total equity	10,276,089	10,237,298
Total liabilities and equity	$17,915,990	$17,716,265

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.