HF Sinclair Corp
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
View on SEC.govAbout 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, 2024 · Filed Oct 31, 2024
DINO$99.76+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,229,482 | $1,353,747 |
| Accounts receivable, net: Product and transportation | 1,187,864 | 1,527,950 |
| Crude oil resales | 139,696 | 197,169 |
| 1,327,560 | 1,725,119 | |
| Inventories: Crude oil and refined products (Note 7) | 2,412,431 | 2,645,724 |
| Materials, supplies and other | 275,249 | 276,107 |
| 2,687,680 | 2,921,831 | |
| Income taxes receivable | 47,907 | 56,528 |
| Prepayments and other | 63,513 | 89,229 |
| Total current assets | 5,356,142 | 6,146,454 |
| Properties, plants and equipment, at cost | 10,814,724 | 10,533,432 |
| Less: accumulated depreciation | (4,271,458) | (3,906,600) |
| 6,543,266 | 6,626,832 | |
| Operating lease right-of-use assets | 363,507 | 348,006 |
| Other assets: Turnaround costs | 701,795 | 644,957 |
| Goodwill | 2,977,842 | 2,977,744 |
| Intangibles and other | 945,109 | 972,272 |
| 4,624,746 | 4,594,973 | |
| Total assets | $16,887,661 | $17,716,265 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $2,016,049 | $2,205,759 |
| Income taxes payable | 19,891 | 8,772 |
| Operating lease liabilities | 78,181 | 106,973 |
| Current debt (Note 11) | 350,000 | — |
| Accrued liabilities (Note 8) | 498,718 | 453,045 |
| Total current liabilities | 2,962,839 | 2,774,549 |
| Long-term debt, net (Note 11) | 2,286,805 | 2,739,083 |
| Noncurrent operating lease liabilities | 309,967 | 249,479 |
| Deferred income taxes | 1,239,463 | 1,297,130 |
| Other long-term liabilities (Note 8) | 418,177 | 418,726 |
| Total liabilities | 7,217,251 | 7,478,967 |
| 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, 2024 and December 31, 2023, respectively | 2,232 | 2,232 |
| Additional capital | 6,001,233 | 5,993,661 |
| Retained earnings | 5,479,152 | 5,379,182 |
| Accumulated other comprehensive loss (Note 14) | (19,296) | (11,784) |
| Common stock held in treasury, at cost – 35,079,683 and 23,235,599 shares as of September 30, 2024 and December 31, 2023, respectively | (1,859,638) | (1,194,201) |
| Total HF Sinclair stockholders’ equity | 9,603,683 | 10,169,090 |
| Noncontrolling interest | 66,727 | 68,208 |
| Total equity | 9,670,410 | 10,237,298 |
| Total liabilities and equity | $16,887,661 | $17,716,265 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.