HF Sinclair posts third quarter loss

Reuters

2024/10/31

Oct 31 (Reuters) - Refiner HF Sinclair reported a loss in third-quarter profit on Thursday, hurt by a slump in margins, especially in the West and Mid-Continent regions, due to an oversupply.

The Dallas-based company posted a loss of $75.9 million, or 40 cents per share, in the quarter ending September, compared with net income of $790.9 million, or $4.23 per share, a year earlier.

(Reporting by Seher Dareen in Bengaluru: Editing by Tasim Zahid)

((Seher.Dareen@thomsonreuters.com; If in India call +91 74832 70128;))

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