7Baggers

HF Sinclair Corporation
(NYSE:DINO) 

DINO stock logo

HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also owns and operates refineries located in Kansas...

Founded: 1947
Full Time Employees: 4,208
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Energy
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 
                    
      sales and other revenues
    		6,464,000,000 7,251,000,000 6,784,000,000 6,370,000,000 6,499,884,000 7,207,140,000 7,845,831,000 7,027,145,000 7,660,136,000 8,905,471,000 7,833,646,000 7,565,142,000 8,984,927,000 10,599,002,000 11,162,160,000 7,458,750,000 
      yoy
    		-0.55% 0.61% -13.53% -9.35% -15.15% -19.07% 0.16% -7.11% -14.74% -15.98% -29.82% 1.43%     
      qoq
    		-10.85% 6.88% 6.50% -2.00% -9.81% -8.14% 11.65% -8.26% -13.98% 13.68% 3.55% -15.80% -15.23% -5.05% 49.65%  
      operating costs and expenses:
    		                
      cost of sales:
    		                
      cost of materials and other
    		5,152,000,000 5,692,000,000 5,440,000,000 5,476,000,000 5,746,681,000 6,158,294,000 6,750,525,000          
      lower of cost or market inventory valuation adjustments
    		320,000,000 66,000,000 148,000,000 -117,000,000 -22,814,000 202,307,000           
      operating expenses
    		633,000,000 590,000,000 572,000,000 596,000,000 655,998,000 629,573,000 591,317,000 607,112,000 629,433,000 622,532,000 546,800,000 639,383,000 646,741,000 604,591,000 606,127,000 477,434,000 
      cost of sales: - sum
    		6,105,000,000 6,348,000,000 6,160,000,000 5,955,000,000 6,379,865,000 6,990,174,000           
      selling, general and administrative expenses
    		133,000,000 105,000,000 114,000,000 104,000,000 120,754,000 118,014,000 104,858,000 103,374,000 150,726,000 124,213,000 127,388,000 95,913,000 102,511,000 102,677,000 110,875,000 110,422,000 
      depreciation and amortization
    		228,000,000 230,000,000 226,000,000 225,000,000 218,235,000 209,716,000 205,320,000 198,729,000 211,668,000 195,562,000 189,360,000 173,983,000 176,169,000 171,973,000 164,044,000 144,601,000 
      other operating expenses
    		-9,000,000 4,000,000 9,000,000 5,000,000             
      total operating costs and expenses
    		6,457,000,000 6,687,000,000 6,509,000,000 6,289,000,000 6,725,870,000 7,327,888,000 7,648,897,000 6,616,345,000 7,737,497,000 7,834,109,000 7,129,290,000 7,060,933,000 8,157,827,000 9,271,341,000 9,495,504,000 7,225,918,000 
      income from operations
    		7,000,000 564,000,000 275,000,000 81,000,000 -225,986,000 -120,748,000 196,934,000 410,800,000 -77,361,000 1,071,362,000 704,356,000 504,209,000 827,100,000 1,327,661,000 1,666,656,000 232,832,000 
      yoy
    		-103.10% -567.09% 39.64% -80.28% 192.12% -111.27% -72.04% -18.53% -109.35% -19.30% -57.74% 116.55%     
      qoq
    		-98.76% 105.09% 239.51% -135.84% 87.16% -161.31% -52.06% -631.02% -107.22% 52.11% 39.70% -39.04% -37.70% -20.34% 615.82%  
      operating margin %
    		0.11% 7.78% 4.05% 1.27% -3.48% -1.68% 2.51% 5.85% -1.01% 12.03% 8.99% 6.66% 9.21% 12.53% 14.93% 3.12% 
      other income:
    		                
      earnings of equity method investments
    		6,000,000 6,000,000 10,000,000 11,000,000 8,388,000 8,151,000 8,115,000 7,346,000 6,933,000 3,009,000 3,545,000 3,882,000 7,001,000 -16,334,000 5,447,000 3,626,000 
      interest income
    		15,000,000 11,000,000 7,000,000 9,000,000 16,017,000 18,309,000 18,495,000 22,179,000 31,365,000 24,577,000 17,591,000 19,935,000 17,517,000 9,821,000 1,844,000 997,000 
      interest expense
    		-64,000,000 -51,000,000 -53,000,000 -49,000,000 -38,464,000 -40,396,000 -45,449,000 -40,691,000 -49,306,000 -48,686,000 -46,982,000 -45,822,000 -56,978,000 -44,830,000 -38,961,000 -34,859,000 
      other income
    		-5,000,000 -2,000,000 7,000,000 -53,000,000             
      other income: - sum
    		-48,000,000 -36,000,000 -29,000,000 -82,000,000 -4,225,000 -10,599,000 -19,472,000 -8,704,000 4,677,000 -11,286,000 -23,946,000 -19,504,000 -14,077,000 -47,669,000 -30,255,000 -26,202,000 
      income before income taxes
    		-41,000,000 528,000,000 246,000,000 -1,000,000     -72,684,000 1,060,076,000 680,410,000 484,705,000 813,023,000 1,279,992,000 1,636,401,000 206,630,000 
      income tax expense
    		                
      current
    		33,000,000 74,000,000 32,000,000  -23,533,000 7,662,000 28,166,000 70,705,000 -144,027,000 208,265,000 100,429,000 84,395,000 158,057,000 294,548,000 342,836,000 46,263,000 
      deferred
    		-47,000,000 49,000,000 4,000,000 1,000,000 5,343,000 -64,928,000 -4,184,000 14,769,000 104,999,000 26,750,000 45,496,000 15,305,000 30,140,000 7,305,000 40,657,000 -24,934,000 
      net income
    		-27,000,000 405,000,000 210,000,000 -2,000,000 -212,021,000 -74,081,000 153,480,000 316,622,000 -33,656,000 825,061,000 534,485,000 385,005,000 624,826,000 978,139,000 1,252,908,000 185,301,000 
      yoy
    		-87.27% -646.70% 36.83% -100.63% 529.96% -108.98% -71.28% -17.76% -105.39% -15.65% -57.34% 107.77%     
      qoq
    		-106.67% 92.86% -10600.00% -99.06% 186.20% -148.27% -51.53% -1040.76% -104.08% 54.37% 38.83% -38.38% -36.12% -21.93% 576.15%  
      net income margin %
    		-0.42% 5.59% 3.10% -0.03% -3.26% -1.03% 1.96% 4.51% -0.44% 9.26% 6.82% 5.09% 6.95% 9.23% 11.22% 2.48% 
      less: net income attributable to noncontrolling interest
    		1,000,000 2,000,000 2,000,000 2,000,000 1,487,000 1,863,000 1,692,000 1,958,000         
      net income attributable to hf sinclair stockholders
    		-28,000,000 403,000,000 208,000,000 -4,000,000 -213,508,000 -75,944,000 151,788,000 314,664,000 -62,183,000 790,922,000 507,661,000 353,266,000 587,027,000 954,405,000 1,221,262,000 159,974,000 
      earnings per share attributable to hf sinclair stockholders:
    		                
      basic
    		-0.13 2.15 1.1 -0.02 -1.1 -0.4 0.79 1.57 -0.28 4.23 2.62 1.79 2.93 4.45 5.43 0.9 
      diluted
    		-0.13 2.15 1.1 -0.02 -1.1 -0.4 0.79 1.57 -0.28 4.23 2.62 1.79 2.93 4.45 5.43 0.9 
      average number of common shares outstanding
    		                
      basic
    		-1,223 186,499 188,110 188,488 -1,268 189,840 191,510 198,710 -1,012 185,456 192,348 195,445 -1,044 212,388 222,952 175,081 
      diluted
    		-1,223 186,499 188,110 188,488 -1,268 189,840 191,510 198,710 -1,012 185,456 192,348 195,445 -1,044 212,388 222,952 175,081 
      asset impairments
    		    7,016,000 9,984,000           
      gain on foreign currency transactions
    		    368,750 1,401,000 -369,000 443,000 52,000 860,000 748,000 870,000 -2,415,000 1,544,000 -905,000 139,000 
      gain on sale of assets and other
    		    922,750 1,936,000 -264,000 2,019,000 15,633,000 8,954,000 1,152,000 1,631,000 4,992,000 2,130,000 2,320,000 3,895,000 
      income before income taxes:
    		    112,052,750 -131,347,000 177,462,000 402,096,000         
      average number of common shares outstanding:
    		                
      basic
    		-1,223 186,499 188,110 188,488 -1,268 189,840 191,510 198,710 -1,012 185,456 192,348 195,445 -1,044 212,388 222,952 175,081 
      diluted
    		-1,223 186,499 188,110 188,488 -1,268 189,840 191,510 198,710 -1,012 185,456 192,348 195,445 -1,044 212,388 222,952 175,081 
      cost of sales
    		                
      lower of cost or market inventory valuation adjustment
    		      -3,123,000 -219,370,000 274,533,000 -43,848,000 -7,863,000 47,597,000 9,573,000 16,847,000 34,543,000 -8,551,000 
      income tax expense:
    		                
      income tax expense: - sum
    		      23,982,000 85,474,000 -39,028,000 235,015,000 145,925,000 99,700,000 188,197,000 301,853,000 383,493,000 21,329,000 
      earnings per share:
    		                
      basic
    		-0.13 2.15 1.1 -0.02 -1.1 -0.4 0.79 1.57 -0.28 4.23 2.62 1.79 2.93 4.45 5.43 0.9 
      diluted
    		-0.13 2.15 1.1 -0.02 -1.1 -0.4 0.79 1.57 -0.28 4.23 2.62 1.79 2.93 4.45 5.43 0.9 
      cost of products sold
    		       5,926,500,000 6,471,137,000 6,935,650,000 6,273,605,000 6,104,057,000 7,222,833,000 8,375,253,000 8,579,915,000 6,502,012,000 
      less net income attributable to noncontrolling interest
    		        28,527,000 34,139,000 26,824,000 31,739,000 37,799,000 23,734,000 31,646,000 25,327,000 
      gain on tariff settlement
    		                
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 
                      
        assets
      		                
        current assets:
      		                
        cash and cash equivalents
      		978,000,000 1,451,000,000 874,000,000 547,000,000 800,000,000 1,229,482,000 866,274,000 1,240,860,000 1,353,747,000 2,214,751,000 1,614,618,000 1,364,930,000 1,665,066,000 1,447,359,000 1,702,286,000 592,278,000 
        accounts receivable, net: product and transportation
      		1,033,000,000 1,220,000,000 1,172,000,000 1,105,000,000 1,074,000,000 1,187,864,000           
        crude oil resales
      		103,000,000 111,000,000 184,000,000 204,000,000 177,000,000 139,696,000 164,274,000 163,777,000 197,169,000 258,359,000 169,769,000 259,153,000 76,950,000 63,039,000 117,855,000 98,912,000 
        inventories: crude oil and refined products
      		2,214,000,000 2,488,000,000 2,512,000,000 2,680,000,000 2,495,000,000 2,412,431,000 2,883,656,000 2,868,039,000 2,645,724,000 2,800,684,000 2,878,185,000 3,112,713,000 2,853,425,000 3,077,652,000 3,297,696,000 3,057,577,000 
        materials, supplies and other
      		359,000,000 295,000,000 302,000,000 295,000,000 303,000,000 275,249,000 276,502,000 262,846,000 276,107,000 332,869,000 380,423,000 336,108,000 361,103,000 359,500,000 327,812,000 239,491,000 
        income taxes receivable
      		47,000,000 17,000,000 54,000,000 70,000,000 70,000,000 47,907,000 54,274,000 42,841,000 56,528,000 29,004,000 111,906,000 43,239,000 53,563,000 30,873,000 15,699,000 100,181,000 
        prepayments and other
      		78,000,000 62,000,000 75,000,000 86,000,000 95,000,000 63,513,000 99,695,000 94,297,000 89,229,000 75,705,000 77,065,000 84,121,000 112,013,000 106,136,000 81,117,000 83,835,000 
        total current assets
      		4,812,000,000 5,644,000,000 5,173,000,000 4,987,000,000 5,014,000,000 5,356,142,000 5,843,016,000 6,322,460,000 6,146,454,000 7,402,392,000 6,692,816,000 6,558,529,000 6,748,319,000 6,827,466,000 7,702,743,000 6,239,299,000 
        properties, plants and equipment, at cost
      		11,392,000,000 11,253,000,000 11,140,000,000 11,003,000,000 10,931,000,000 10,814,724,000 10,686,564,000 10,609,735,000 10,533,432,000 10,373,440,000 10,312,656,000 10,220,164,000 10,146,652,000 10,061,476,000 9,992,052,000 9,972,476,000 
        less: accumulated depreciation
      		-4,859,000,000 -4,741,000,000 -4,622,000,000 -4,485,000,000 -4,373,000,000 -4,271,458,000 -4,135,103,000 -4,021,845,000         
        operating lease right-of-use assets
      		349,000,000 361,000,000 363,000,000 343,000,000 355,000,000 363,507,000 370,822,000 390,566,000 348,006,000 326,076,000 318,167,000 330,942,000 351,068,000 358,337,000 366,441,000 384,071,000 
        other assets: turnaround costs
      		883,000,000 840,000,000 888,000,000 794,000,000 777,000,000 701,795,000 676,037,000 660,306,000 644,957,000 658,125,000 600,782,000 495,628,000 376,158,000 361,652,000 380,043,000 391,749,000 
        goodwill
      		2,978,000,000 2,978,000,000 2,978,000,000 2,978,000,000 2,977,000,000 2,977,842,000 2,977,432,000 2,977,511,000 2,977,744,000 2,977,315,000 2,978,546,000 2,978,504,000 2,978,315,000 2,968,711,000 2,948,570,000 2,852,492,000 
        intangibles and other
      		955,000,000 929,000,000 923,000,000 922,000,000 962,000,000 945,109,000 962,994,000 977,257,000 972,272,000 957,887,000 978,871,000 986,089,000 982,718,000 977,087,000 1,011,481,000 1,020,650,000 
        total assets
      		16,510,000,000 17,264,000,000 16,843,000,000 16,542,000,000 16,643,000,000 16,887,661,000 17,381,762,000 17,915,990,000 17,716,265,000 18,901,812,000 18,197,005,000 18,006,008,000 18,125,483,000 18,226,285,000 19,177,854,000 17,733,097,000 
        liabilities and equity
      		                
        current liabilities:
      		                
        accounts payable
      		1,902,000,000 2,210,000,000 2,206,000,000 2,124,000,000 2,236,000,000 2,016,049,000 2,172,130,000 2,276,556,000 2,205,759,000 2,366,267,000 2,001,215,000 2,109,245,000 2,334,107,000 2,415,332,000 3,102,579,000 2,927,609,000 
        income taxes payable
      		5,000,000 12,000,000 2,000,000 2,000,000 3,000,000 19,891,000 16,291,000 57,440,000 8,772,000 137,073,000 4,203,000 59,536,000 7,818,000 183,433,000 360,388,000 38,130,000 
        operating lease liabilities
      		85,000,000 86,000,000 84,000,000 77,000,000 77,000,000 78,181,000 88,933,000 97,973,000 106,973,000 112,964,000 108,513,000 108,499,000 109,926,000 110,165,000 109,848,000 114,177,000 
        current debt
      		    350,000,000 350,000,000    307,819,000 307,551,000 307,256,000 306,959,000    
        accrued liabilities
      		493,000,000 642,000,000 549,000,000 461,000,000 377,000,000 498,718,000 482,079,000 485,966,000 453,045,000 553,096,000 466,425,000 533,198,000 486,719,000 533,361,000 493,301,000 531,680,000 
        total current liabilities
      		2,485,000,000 2,950,000,000 2,841,000,000 2,664,000,000 3,043,000,000 2,962,839,000 2,759,433,000 2,917,935,000 2,774,549,000 3,477,219,000 2,887,907,000 3,117,734,000 3,245,529,000 3,242,291,000 4,066,116,000 3,611,596,000 
        long-term debt
      		2,769,000,000 2,768,000,000 2,677,000,000 2,676,000,000 2,288,000,000 2,286,805,000 2,635,719,000 2,678,645,000 2,739,083,000 2,861,962,000 2,888,472,000 2,932,989,000 2,948,513,000 3,334,200,000 3,348,103,000 3,374,701,000 
        noncurrent operating lease liabilities
      		289,000,000 301,000,000 304,000,000 289,000,000 301,000,000 309,967,000 304,357,000 309,370,000 249,479,000 222,001,000 219,963,000 234,006,000 254,215,000 263,447,000 274,895,000 291,032,000 
        deferred income taxes
      		1,240,000,000 1,285,000,000 1,239,000,000 1,226,000,000 1,224,000,000 1,239,463,000 1,301,423,000 1,307,585,000 1,297,130,000 1,345,621,000 1,323,246,000 1,278,061,000 1,262,165,000 1,228,855,000 1,231,864,000 1,208,116,000 
        other long-term liabilities
      		478,000,000 465,000,000 434,000,000 434,000,000 441,000,000 418,177,000 423,716,000 426,366,000 418,726,000 379,742,000 386,713,000 392,691,000 397,489,000 378,967,000 381,966,000 370,675,000 
        total liabilities
      		7,261,000,000 7,769,000,000 7,495,000,000 7,289,000,000 7,297,000,000 7,217,251,000 7,424,648,000 7,639,901,000         
        commitments and contingencies
      		                
        equity:
      		                
        hf sinclair stockholders’ equity
      		                
        preferred stock, 1.00 par value – 5,000,000 shares authorized; none issued
      		                
        common stock
      		2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,232,000           
        additional capital
      		6,008,000,000 6,018,000,000 6,011,000,000 6,003,000,000 5,998,000,000 6,001,233,000 5,996,600,000 5,991,464,000 5,993,661,000 6,491,642,000 6,480,581,000 6,469,814,000 6,468,775,000 6,498,093,000 6,496,299,000 6,486,994,000 
        retained earnings
      		5,373,000,000 5,493,000,000 5,184,000,000 5,071,000,000 5,170,000,000 5,479,152,000 5,650,373,000 5,594,493,000 5,379,182,000 5,523,245,000 4,815,908,000 4,395,531,000 4,130,252,000 3,623,721,000 2,754,590,000 1,623,486,000 
        accumulated other comprehensive loss
      		-26,000,000 -27,000,000 -20,000,000 -44,000,000 -47,000,000 -19,296,000 -27,313,000 -22,277,000 -11,784,000 -24,743,000 -13,379,000 -20,223,000     
        common stock held in treasury, at cost - 41,443,642 and 34,826,009 shares as of december 31, 2025 and december 31, 2024
      		-2,173,000,000                
        total hf sinclair stockholders’ equity
      		9,184,000,000 9,430,000,000 9,282,000,000 9,187,000,000 9,278,000,000 9,603,683,000 9,889,932,000 10,208,318,000 10,169,090,000 9,824,682,000 9,708,952,000 9,270,665,000 9,243,815,000 9,015,281,000 9,109,712,000 8,116,226,000 
        noncontrolling interest
      		65,000,000 65,000,000 66,000,000 66,000,000 68,000,000 66,727,000 67,182,000 67,771,000 68,208,000 790,585,000 781,752,000 779,862,000 773,757,000 763,244,000 765,198,000 760,751,000 
        total equity
      		9,249,000,000 9,495,000,000 9,348,000,000 9,253,000,000 9,346,000,000 9,670,410,000 9,957,114,000 10,276,089,000 10,237,298,000 10,615,267,000 10,490,704,000 10,050,527,000 10,017,572,000 9,778,525,000 9,874,910,000 8,876,977,000 
        total liabilities and equity
      		16,510,000,000 17,264,000,000 16,843,000,000 16,542,000,000 16,643,000,000 16,887,661,000 17,381,762,000 17,915,990,000 17,716,265,000 18,901,812,000 18,197,005,000 18,006,008,000 18,125,483,000 18,226,285,000 19,177,854,000 17,733,097,000 
        hf sinclair stockholders’ equity:
      		                
        common stock held in treasury, at cost – 39,284,989 and 34,826,009 shares as of september 30, 2025 and december 31, 2024, respectively
      		 -2,056,000,000               
        common stock held in treasury, at cost – 36,151,146 and 34,826,009 shares as of june 30, 2025 and december 31, 2024, respectively
      		  -1,895,000,000              
        common stock held in treasury, at cost – 34,824,132 and 34,826,009 shares as of march 31, 2025 and december 31, 2024, respectively
      		   -1,845,000,000             
        common stock held in treasury, at cost - 34,826,009 and 23,235,599 shares as of december 31, 2024 and december 31, 2023, respectively
      		    -1,845,000,000            
        common stock held in treasury, at cost – 35,079,683 and 23,235,599 shares as of september 30, 2024 and december 31, 2023, respectively
      		     -1,859,638,000           
        accounts receivable: product and transportation
      		      1,498,341,000 1,649,800,000 1,527,950,000    1,626,199,000    
        common stock 0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of june 30, 2024 and december 31, 2023, respectively
      		      2,232,000          
        common stock held in treasury, at cost – 32,416,171 and 23,235,599 shares as of june 30, 2024 and december 31, 2023, respectively
      		      -1,731,960,000          
        common stock 0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of march 31, 2024 and december 31, 2023, respectively
      		       2,232,000         
        common stock held in treasury, at cost – 26,077,193 and 23,235,599 shares as of march 31, 2024 and december 31, 2023, respectively
      		       -1,357,594,000         
        less accumulated depreciation
      		        -3,906,600,000 -3,793,423,000 -3,684,833,000 -3,563,848,000 -3,457,747,000 -3,328,444,000 -3,223,476,000 -3,127,640,000 
        common stock 0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of december 31, 2023 and december 31, 2022
      		        2,232,000        
        common stock held in treasury, at cost - 23,235,599 and 26,152,344 shares as of december 31, 2023 and december 31, 2022, respectively
      		        -1,194,201,000        
        accounts receivable: product, transportation and other
      		         1,691,020,000 1,460,850,000 1,358,265,000  1,742,907,000 2,160,278,000 2,067,025,000 
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of september 30, 2023 and december 31, 2022
      		         2,232,000       
        common stock held in treasury, at cost – 42,192,491 and 26,152,344 shares as of september 30, 2023 and december 31, 2022, respectively
      		         -2,167,694,000       
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of june 30, 2023 and december 31, 2022
      		          2,232,000      
        common stock held in treasury, at cost – 30,918,109 and 26,152,344 shares as of june 30, 2023 and december 31, 2022, respectively
      		          -1,576,390,000      
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of march 31, 2023 and december 31, 2022
      		           2,232,000     
        common stock held in treasury, at cost – 30,924,520 and 26,152,344 shares as of march 31, 2023 and december 31, 2022, respectively
      		           -1,576,689,000     
        common stock 0.01 par value – 320,000,000 shares authorized; 223,231,546 and 256,046,051 shares issued as of december 31, 2022 and december 31, 2021, respectively
      		            2,232,000    
        accumulated other comprehensive income
      		            -22,013,000 -36,348,000 -11,209,000 3,587,000 
        common stock held in treasury, at cost - 26,152,344 and 93,044,605 shares as of december 31, 2022 and december 31, 2021, respectively
      		            -1,335,431,000    
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 and 256,046,051 shares issued as of september 30, 2022 and december 31, 2021, respectively
      		             2,232,000   
        common stock held in treasury, at cost – 21,555,009 and 93,044,605 shares as of september 30, 2022 and december 31, 2021, respectively
      		             -1,072,417,000   
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 and 256,046,051 shares issued as of june 30, 2022 and december 31, 2021, respectively
      		              2,232,000  
        common stock held in treasury, at cost – 2,722,650 and 93,044,605 shares as of june 30, 2022 and december 31, 2021, respectively
      		              -132,200,000  
        common stock .01 par value – 320,000,000 shares authorized; 223,231,546 and 256,046,051 shares issued as of march 31, 2022 and december 31, 2021, respectively
      		               2,232,000 
        common stock held in treasury, at cost – 1,862 and 93,044,605 shares as of march 31, 2022 and december 31, 2021, respectively
      		               -73,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 
                        
          cash flows from operating activities:
        		                
          net income
        		-27,000,000 405,000,000 210,000,000 -2,000,000 -212,021,000 -74,081,000 153,480,000 316,622,000 -33,656,000 825,061,000 534,485,000 385,005,000 624,826,000 978,139,000 1,252,908,000 185,301,000 
          adjustments to reconcile net income to net cash from operating activities:
        		                
          depreciation and amortization
        		228,000,000 230,000,000 226,000,000 225,000,000 218,235,000 209,716,000 205,320,000 198,729,000 211,668,000 195,562,000 189,360,000 173,983,000 176,169,000 171,973,000 164,044,000 144,601,000 
          asset impairments
        		2,000,000 0 0 1,000,000 7,016,000            
          lower of cost or market inventory valuation adjustments
        		320,000,000 66,000,000 148,000,000 -117,000,000 -22,814,000            
          earnings of equity method investments, net of distributions
        		5,000,000 -5,000,000 4,000,000 -5,000,000 7,874,000            
          loss on early extinguishment of debt
        		0 8,000,000 1,000,000 15,000,000             
          gain on sale of assets
        		-1,000,000 0   -497,000 -669,000 -52,000 -782,000 839,000 -7,214,000 -90,000 -414,000 840,000 -41,000 -248,000 -2,669,000 
          loss on sale of equity method investment
        		7,000,000 0 0 40,000,000             
          deferred income tax expense
        		-47,000,000 49,000,000 4,000,000 1,000,000             
          equity-based compensation expense
        		13,000,000 7,000,000 8,000,000 5,000,000 7,165,000 4,750,000 5,705,000 5,380,000 14,767,000 11,474,000 11,569,000 3,325,000 9,378,000 6,058,000 7,051,000 7,831,000 
          change in fair value of derivative instruments
        		                
          decrease in current assets:
        		                
          accounts receivable
        		196,000,000 23,000,000 -39,000,000 -57,000,000 67,706,000 338,231,000 149,099,000 -92,036,000 228,206,000 -320,923,000 -10,783,000 86,369,000 113,601,000 463,636,000 -161,910,000 -419,609,000 
          inventories
        		-106,000,000 -40,000,000 31,000,000 -56,000,000 -109,960,000 276,839,000 -29,999,000 1,120,000 -52,822,000 158,429,000 204,902,000 -280,263,000 253,442,000 144,656,000 -355,058,000 -267,461,000 
          income taxes receivable
        		-29,000,000 36,000,000   -22,548,000 6,565,000 -11,479,000 13,462,000 -27,259,000 82,418,000 -68,344,000 10,494,000 -22,645,000 -15,851,000 84,163,000 -3,026,000 
          prepayments and other
        		-16,000,000 15,000,000   -11,750,000 33,418,000 -11,931,000 1,263,000 -19,667,000 3,254,000 -3,532,000 28,007,000 -37,931,000 -776,000 10,231,000 -12,334,000 
          increase in current liabilities:
        		                
          accounts payable
        		-329,000,000 6,000,000 83,000,000 -105,000,000 209,042,000 -152,364,000 -96,342,000 64,664,000 -151,406,000 362,238,000 -99,673,000 -220,018,000 12,206,000 -760,445,000 152,603,000 790,060,000 
          income taxes payable
        		-7,000,000    -17,117,000 3,569,000 -41,141,000 48,689,000 -128,421,000 132,985,000 -55,336,000 51,697,000 -174,018,000 -178,757,000 323,322,000 12,284,000 
          accrued liabilities
        		-95,000,000 1,000,000 82,000,000 74,000,000 -106,483,000 10,881,000 1,947,000 30,655,000 -111,742,000 99,621,000 -49,922,000 32,424,000 -70,175,000 55,536,000 -20,814,000 113,802,000 
          turnaround expenditures
        		-122,000,000 -31,000,000 -179,000,000 -105,000,000 -154,229,000 -89,501,000 -98,891,000 -70,379,000 -84,621,000 -123,931,000 -183,411,000 -163,734,000 -46,939,000 -27,670,000 -24,994,000 -45,156,000 
          other
        		-7,000,000 29,000,000 -31,000,000 -23,000,000 18,360,000 -2,066,000 8,012,000 15,694,000 -8,360,000 -1,689,000 -15,618,000 -5,675,000 -12,416,000 20,782,000 32,282,000 -8,357,000 
          net cash from operating activities
        		8,000,000 809,000,000 587,000,000 -89,000,000 -140,394,000 707,578,000 225,921,000 316,895,000 230,664,000 1,398,906,000 489,960,000 177,705,000 914,950,000 872,817,000 1,528,356,000 461,036,000 
          capital expenditures
        		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 
          free cash flows
        		8,000,000 809,000,000 587,000,000 -89,000,000 -140,394,000 707,578,000 225,921,000 316,895,000 230,664,000 1,398,906,000 489,960,000 177,705,000 914,950,000 872,817,000 1,528,356,000 461,036,000 
          cash flows from investing activities:
        		                
          additions to properties, plants and equipment
        		-131,000,000 -121,000,000 -111,000,000 -86,000,000 -173,079,000 -123,604,000 -84,209,000 -89,108,000 -113,992,000 -75,473,000 -71,531,000 -92,455,000 -98,794,000 -91,755,000 -150,345,000 -144,149,000 
          purchase of precious metals
        		                
          proceeds from sale of assets
        		1,000,000 3,000,000   1,725,000 1,095,000 369,000 811,000 887,000 14,792,000 110,000 1,572,000 3,000 0 724,000 2,617,000 
          net cash from investing activities
        		-175,000,000 -148,000,000 -108,000,000 -85,000,000 -173,397,000 -121,059,000 -82,172,000 -91,372,000 -123,603,000 -71,440,000 -76,043,000 -100,237,000 -108,662,000 -126,815,000 -153,835,000 -385,176,000 
          cash flows from financing activities:
        		                
          borrowings under credit agreements
        		        0 5,000,000 13,000,000 42,000,000 50,000,000 50,000,000 50,000,000 360,000,000 
          repayments under credit agreements
        		0 0 0 -350,000,000 -500,000 0 -44,000,000 -61,500,000 -123,000,000 -32,500,000 -58,500,000 -58,500,000 -88,000,000 -65,000,000 -470,500,000 -58,500,000 
          proceeds from issuance of senior notes
        		0 496,000,000 0 1,394,000,000             
          redemption of senior notes
        		0 -409,000,000 0 -1,007,000,000             
          purchase of treasury stock, inclusive of excise tax
        		-138,000,000                
          dividends
        		-92,000,000 -94,000,000 -95,000,000 -95,000,000 -95,462,000 -95,277,000 -95,908,000 -99,353,000 -81,880,000 -83,585,000 -87,284,000 -87,987,000 -80,496,000 -85,274,000   
          distributions to noncontrolling interest
        		                
          proceeds from financing arrangements
        		                
          payments on financing arrangements
        		                
          payments on finance leases
        		1,000,000 -4,000,000 -5,000,000 -3,000,000 -2,956,000 -2,848,000 -2,596,000 -2,600,000 -2,591,000 -3,126,000 -3,135,000 -3,071,000 -3,055,000 -2,990,000 -3,057,000 -2,611,000 
          hep merger transaction consideration
        		                
          deferred financing costs
        		0 -6,000,000 -6,000,000 -13,000,000         -4,000 -198,000   
          net cash from financing activities
        		-308,000,000 -84,000,000 -159,000,000 -80,000,000 -103,274,000 -226,982,000 -516,284,000 -335,460,000 -975,609,000 -725,480,000 -163,683,000 -379,110,000 -585,281,000 -995,650,000 -261,214,000 281,386,000 
          effect of exchange rate on cash flow
        		2,000,000 0 7,000,000 1,000,000 -12,670,000 3,671,000 -2,051,000 -2,950,000 7,544,000 -1,853,000 -546,000 1,506,000 -3,300,000 -5,279,000 -3,299,000 588,000 
          cash and cash equivalents:
        		                
          net change for the period
        		-473,000,000 577,000,000 327,000,000 -253,000,000 -429,735,000            
          cash and cash equivalents at beginning of period
        		0 0 0 800,000,000 253,000            
          cash and cash equivalents at end of period
        		-473,000,000 577,000,000 327,000,000 547,000,000 -429,482,000            
          supplemental information:
        		                
          cash paid for interest
        		                
          increase in accrued and unpaid capital expenditures
        		          6,291,000 -17,819,000 7,910,000 -4,775,000 -13,111,000 -21,738,000 
          change in fair value – derivative instruments
        		 1,000,000 20,000,000 20,000,000 -23,716,000 -62,000 -2,458,000 -7,764,000 12,159,000 -4,874,000 -6,132,000 15,402,000 51,818,000 -29,726,000 -11,877,000 -226,000 
          distributions to noncontrolling interests
        		 -3,000,000 -2,000,000 -4,000,000  -2,318,000 -2,281,000 -2,395,000  -25,676,000 -25,299,000 -25,986,000  -25,465,000 -27,897,000 -17,003,000 
          proceeds from commercial financing arrangements
        		                
          supplemental disclosure of cash flow information:
        		                
          cash received during the period for:
        		                
          interest
        		 -64,000,000 -24,000,000 -39,000,000 -58,804,000 -21,442,000 -60,154,000 -23,600,000 -83,311,000 -26,004,000 -67,814,000 -25,934,000 -69,036,000 -22,431,000 -49,956,000 -18,986,000 
          income taxes
        		 8,000,000   -24,040,000 2,983,000 -81,299,000 -7,644,000 -10,468,000 9,015,000 -227,352,000 -22,010,000 -354,161,000 -483,816,000 61,696,000 -40,098,000 
          decrease in accrued and unpaid capital expenditures
        		  -3,000,000 -5,000,000 9,396,000 -5,544,000 826,000 -5,678,000 6,263,000        
          investment in osage pipe line company, llc
        		                
          distributions in excess of equity in earnings of equity investments
        		  1,000,000 1,000,000             
          purchase of treasury stock
        		    -4,660,000 -126,539,000 -371,189,000 -169,612,000 -165,659,000 -585,592,000 -2,465,000 -245,566,000 -394,680,000 -866,236,000 -110,432,000 -352,000 
          cash paid during the period for:
        		                
          gain on early extinguishment of debt
        		                
          acquisitions, net of cash acquired
        		            0 -20,247,000 0 -231,201,000 
          hep investment in osage pipe line company, llc
        		                
          deferred income taxes
        		     -64,928,000 -4,184,000 14,769,000 104,999,000 26,750,000 45,496,000 15,305,000 30,140,000 7,305,000 40,657,000 -24,934,000 
          distributions from equity method investments in excess of equity earnings
        		     2,450,000 1,668,000 1,925,000  -3,295,000 4,528,000 760,000  -1,865,000 4,885,000 1,704,000 
          lower of cost or market inventory valuation adjustment
        		      -3,123,000 -219,370,000 274,533,000 -43,848,000 -7,863,000 47,597,000 9,573,000 16,847,000 34,543,000 -8,551,000 
          earnings of equity method investments, inclusive of distributions
        		      1,958,000 -3,821,000 1,447,000 3,593,000 4,852,000 -1,799,000 -2,315,000 21,151,000 1,453,000 -520,000 
          investment in osage pipe line company llc
        		      0 -5,000,000         
          decrease for the period
        		      -374,586,000 -112,887,000         
          beginning of period
        		      0 1,353,747,000 0 0 0 1,665,066,000 0 0 0 234,444,000 
          end of period
        		      -374,586,000 1,240,860,000 -861,004,000 600,133,000 249,688,000 1,364,930,000 217,707,000 -254,927,000 1,110,008,000 592,278,000 
          additions to properties, plants and equipment – hep
        		        -9,984,000 -5,714,000 -8,650,000 -7,614,000 -7,770,000 -7,948,000 -9,099,000 -14,147,000 
          hep investment in osage pipe line company llc
        		        -2,732,000 -1,750,000 -500,000 -2,500,000 -8,000,000    
          proceeds from issuance of senior notes – hep
        		                
          contribution from noncontrolling interests
        		                
          increase for the period
        		        -861,004,000 600,133,000 249,688,000 -300,136,000 217,707,000 -254,927,000 1,110,008,000 357,834,000 
          proceeds from issuance of senior notes - hep
        		             0   
          goodwill and long-lived asset impairments
        		                
          gain on sales-type leases
        		                
          investment in equity company - hep
        		                
          redemption of senior notes - hep
        		                
          contributions from noncontrolling interests