HF Sinclair Corp — Form 8-K
Filed October 28, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
HF Sinclair reported Q3 2026 net income of $2,015M ($11.38/diluted share), up 400% YoY, driven by refining segment strength ($2,435M income vs. $476M YoY) from elevated crack spreads and EPA RINs waivers. Company returned $572M to shareholders (dividends $93M + buybacks $479M) and maintained $0.525/share quarterly dividend. Leadership transition: Steve Ledbetter (current President/COO) becomes CEO effective Jan 1, 2027, succeeding Franklin Myers who becomes executive chairperson to oversee planned separation of Lubricants & Specialties segment expected complete in 2027; separation to distribute ≥80.1% of subsidiary stock.
Why this rating
Strong Q3 performance + shareholder returns are modest positive; leadership succession well-planned; but separation execution risk and Mississauga asset retirement ($109M Q3 charges) are headwinds.
Tradability signal
NO TRADE
No trade: positive news with only +0.6% moved so far — good news prices in within seconds and long-side continuation has shown no measured edge (this cell: +0.33% over 4 hrs, n=111). (Filing arrived outside market hours — evaluated at the next open with a live quote.)
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $116.00 ▼ 1.45% | at our read · unknown $117.71 | +10 min · unknown $116.53 ▼ 1.00% | +30 min · unknown $115.19 ▼ 2.14% | +1 hr · unknown $111.49 ▼ 5.28% | +4 hrs · unknown $113.24 ▼ 3.80% |
The stock had already moved +1.47% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from October 28, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.