HF Sinclair Corp

For the period ended Mar 31, 2026. Filed May 1, 2026.

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, 2026 · Filed May 1, 2026

DINO$98.76-1.0%Stored close · as of Nov 10, 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)

	March 31, 2026	December 31, 2025
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$1,148	$978
Accounts receivable, net: Product and transportation	1,595	1,033
Crude oil resales	298	103
	1,893	1,136
Inventories: Crude oil and refined products (Note 8)	2,895	2,214
Materials, supplies and other	374	359
	3,269	2,573
Income taxes receivable	10	47
Prepayments and other	119	78
Total current assets	6,439	4,812
Properties, plants and equipment, at cost	11,464	11,392
Less: accumulated depreciation	(4,970)	(4,859)
	6,494	6,533
Operating lease right-of-use assets	371	349
Other assets: Turnaround costs	926	883
Goodwill	2,978	2,978
Equity method investments	254	226
Intangibles and other	710	729
	4,868	4,816
Total assets	$18,172	$16,510
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$2,682	$1,902
Income taxes payable	14	5
Operating lease liabilities	93	85
Accrued liabilities (Note 9)	801	493
Total current liabilities	3,590	2,485
Long-term debt, net (Note 11)	2,771	2,769
Noncurrent operating lease liabilities	304	289
Deferred income taxes	1,330	1,240
Other long-term liabilities (Note 9)	448	478
Total liabilities	8,443	7,261
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 March 31, 2026 and December 31, 2025	2	2
Additional capital	6,015	6,008
Retained earnings	5,930	5,373
Accumulated other comprehensive loss (Note 14)	(34)	(26)
Common stock held in treasury, at cost – 42,958,093 and 41,443,642 shares as of March 31, 2026 and December 31, 2025	(2,249)	(2,173)
Total HF Sinclair stockholders’ equity	9,664	9,184
Noncontrolling interests	65	65
Total equity	9,729	9,249
Total liabilities and equity	$18,172	$16,510

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.