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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.