HF Sinclair (DINO) Shares Soar 2.03% on Earnings Growth Expectations

HF Sinclair (DINO) shares surged 0.99% today, reaching their highest level since November 2024, with an intraday gain of 2.03%.

The strategy of buying DINO shares after they reached a recent high and holding for one week resulted in poor performance over the past five years. The strategy yielded an excess return of -73.35% and a CAGR of -7.07%, significantly underperforming the benchmark return of 56.94%. Additionally, the strategy had a high maximum drawdown of -53.73% and a Sharpe ratio of -0.20, indicating significant risk and negative returns.

Analysts' comments and price target adjustments have played a significant role in HF Sinclair's stock price movements. Morgan Stanley recently reduced their target price for the company from $50.00 to $44.00, which may have contributed to a bearish sentiment among investors. Conversely, Wells Fargo raised their price target from $34 to $38 on June 11, 2025, while maintaining an 'Equal Weight' rating, indicating a more optimistic outlook for the company's future performance.

Earnings growth expectations have also been a key factor influencing HF Sinclair's stock price. The company is anticipated to see a significant increase in earnings, with projections of a 75.31% growth from $2.39 to $4.19 per share in the coming year. This positive outlook on earnings growth could boost investor confidence and drive up the stock price.

Geopolitical tensions, particularly the Israel-Iran conflict, have led to fluctuations in oil prices, which directly impact companies in the oil sector, including HF Sinclair. These market dynamics and the associated risk premiums can cause volatility in the company's stock price, as investors react to changes in the oil market.