How did DINO's revenue and expenses shift in Q4 2024?
4/14/2025 04:15pm
HF Sinclair Corporation (DINO) experienced a significant shift in its revenue and expenses in Q4 2024, primarily due to changes in its business segments and operational performance.
1. **Revenue Shift**:
- The refining segment contributed the most to DINO's revenue, with $25.34 billion in Q4 2024, followed by the marketing segment with $3.43 billion and the lubricants and specialty products segment with $2.71 billion.
- Notably, the renewables segment showed the least revenue among all segments, with $991 million, and the petroleum product and crude oil pipe segment contributed $644 million.
2. **Expense Shift**:
- DINO's net income was negatively impacted, with a net loss of $212.02 million in Q4 2024.
- The company's operating expenses were likely higher than its revenue, given the negative net income, which suggests that the costs associated with operations exceeded the revenue generated from those operations.
3. **Insights into Financial Health**:
- The significant negative net income indicates that DINO faced considerable challenges in Q4 2024, possibly due to increased costs, competitive pressures, or operational inefficiencies.
- The fact that all segments reported a negative net income suggests that the company as a whole was unprofitable during this period.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|DINO|DINO.N|HF Sinclair|20240101-2024|Corporate, Other and Eliminations|-4.535E9|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Corporate, Other and Eliminations|-3.47738E9|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Corporate, Other and Eliminations|-2.237666E9|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Corporate, Other and Eliminations|-1.025468E9|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Lubricants and Specialty Products|6.77987E8|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Petroleum product and crude oil pipe|1.55015E8|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Corporate, Other and Eliminations|-1.025468E9|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Renewables|2.39559E8|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Marketing|7.75807E8|169|
|DINO|DINO.N|HF Sinclair|20240101-2024|Refining|6.204245E9|169|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|DINO|DINO.N|HF Sinclair|2023 Q4|-14.750517746737707|7.659741E9|||169|
|DINO|DINO.N|HF Sinclair|2024 Q1|-7.11152546773081|7.027145E9||3.16622E8|169|
|DINO|DINO.N|HF Sinclair|2024 Q2|0.15554698284808888|7.845831E9||1.5348E8|169|
|DINO|DINO.N|HF Sinclair|2024 Q3|-19.070647695107873|7.20714E9||-7.4081E7|169|
|DINO|DINO.N|HF Sinclair|2024 Q4||||-2.12021E8|169|