HF Sinclair jumps after Q1 profit surge and $0.50 dividend reaffirmed
HF Sinclair shares rose after the company reported Q1 2026 net income of $648 million ($3.56 per diluted share) and adjusted net income of $127 million ($0.69 per diluted share). The company also declared a regular quarterly cash dividend of $0.50 per share, payable June 2, 2026, and highlighted $167 million returned via dividends and buybacks in Q1.
1. What’s moving the stock
HF Sinclair (DINO) is trading higher after releasing first-quarter 2026 results before the open on May 1, 2026. The company posted net income attributable to stockholders of $648 million ($3.56 per diluted share), versus a small loss a year earlier, and reported adjusted net income of $127 million ($0.69 per diluted share), turning around from an adjusted loss in Q1 2025.
2. Key financial highlights investors are reacting to
Beyond the headline earnings beat implied by the sharp year-over-year swing, HF Sinclair reported EBITDA of $1.097 billion and adjusted EBITDA of $426 million. The company also emphasized shareholder returns, saying it returned $167 million in the quarter through dividends and share repurchases, including $91 million of dividends and $76 million of buybacks during Q1.
3. Dividend and near-term watch items
HF Sinclair declared a regular quarterly cash dividend of $0.50 per share, payable June 2, 2026, to holders of record as of May 11, 2026. Investors will focus on whether strong segment results—particularly refining and renewables—remain supported by product cracks, RIN pricing, and the pace of capital returns, especially after management pointed to a favorable macro backdrop heading into the remainder of 2026.