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HF Sinclair reported a bigger-than-expected $191M loss in Q4 due to lower refining margins.
HF Sinclair Corporation reported a significant loss in the fourth quarter of 2024, with an adjusted net loss of $191 million, or $1.02 per share, more than anticipated by analysts.
The loss is attributed to lower refining margins in the U.S., particularly in the West and Mid-Continent regions, due to high global fuel supply and reduced sales volumes.
This trend affected other major U.S. refiners as well.
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HF Sinclair reportó una pérdida de $191M mayor de lo esperado en Q4 debido a menores márgenes de refino.