Equity Profile

DINO

HF Sinclair Corporation

EnergyOil & Gas Refining & Marketing$12.8B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

HF Sinclair Corporation (DINO) operates in the energy sector, primarily focusing on oil and gas refining and marketing. As a significant player in the energy market, its performance can be influenced by global oil prices, refining margins, and consumer demand for fuel.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing its costs and revenue.

Not available

Refining Margins

Refining margins directly impact profitability, and any changes can signal how well the company is adapting to market conditions.

Not available

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DINO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+366.14%

Avg Stock Reaction

-1.79%

Last Quarter Recap

In Q1 2026, HF Sinclair reported an EPS of $3.56, significantly beating expectations by over 2550%. This strong performance led to a positive market reaction, with the stock rising 2.92% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about HF Sinclair's upcoming earnings, especially given its strong performance last quarter. However, the lack of analyst estimates adds uncertainty to expectations.

Bull Case

If the company continues to outperform expectations, particularly in refining margins and revenue growth, it could signal strong operational efficiency and market demand.

Bear Case

Conversely, if the company fails to meet its previous performance levels, it may raise concerns about its ability to sustain profitability in a volatile market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's previous strong performance, the EPS figure will be crucial in determining if the company can maintain its momentum.

How have refining margins changed compared to last quarter?

Refining margins are a key indicator of profitability, and any significant changes could impact investor confidence.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the potential for HF Sinclair to capitalize on refining margins, which could be stronger than anticipated given recent trends in oil prices.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting strong operational management.

Options pricing indicates a significant expected move, which may reflect underlying volatility not fully accounted for by analysts.

Key Risk

If refining margins show unexpected strength, it could lead to a significant upward revision of earnings expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be pivotal in assessing whether HF Sinclair can sustain its recent success in a challenging market.

Bull Confirmed If

A Q2-2026 EPS above $3.56 would confirm continued strong performance.

Bear Confirmed If

An EPS below $1.00 would indicate potential struggles in maintaining profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±18.74%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±18.7% while DINO has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

40.1%

Calls (66K)P/C Ratio: 0.60Puts (11K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HF Sinclair beats expectations, history suggests the stock could rise, confirming the company's operational strength.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline in stock price, with history indicating an average drop of around 1.14% in similar scenarios.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on refining margin trends compared to last quarter.
2Details on cost management strategies and their impact on profitability.
3Insights into consumer demand for fuel and how it may affect revenue.
4Any commentary on geopolitical factors influencing oil prices.
5Management's outlook for the remainder of 2026.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

Insider activity

PreviewView

Jul

Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing its costs and revenue.

Not available

Refining Margins

Refining margins directly impact profitability, and any changes can signal how well the company is adapting to market conditions.

Not available

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DINO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+366.14%

Avg Stock Reaction

-1.79%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If the company continues to outperform expectations, particularly in refining margins and revenue growth, it could signal strong operational efficiency and market demand.

Bear Case

Conversely, if the company fails to meet its previous performance levels, it may raise concerns about its ability to sustain profitability in a volatile market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's previous strong performance, the EPS figure will be crucial in determining if the company can maintain its momentum.

How have refining margins changed compared to last quarter?

Refining margins are a key indicator of profitability, and any significant changes could impact investor confidence.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating the potential for HF Sinclair to capitalize on refining margins, which could be stronger than anticipated given recent trends in oil prices.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting strong operational management.

Options pricing indicates a significant expected move, which may reflect underlying volatility not fully accounted for by analysts.

Key Risk

If refining margins show unexpected strength, it could lead to a significant upward revision of earnings expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be pivotal in assessing whether HF Sinclair can sustain its recent success in a challenging market.

Bull Confirmed If

A Q2-2026 EPS above $3.56 would confirm continued strong performance.

Bear Confirmed If

An EPS below $1.00 would indicate potential struggles in maintaining profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±18.74%

Historical Avg

±3.8%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±18.7% while DINO has averaged ±3.8% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

40.1%

Calls (66K)P/C Ratio: 0.60Puts (11K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HF Sinclair beats expectations, history suggests the stock could rise, confirming the company's operational strength.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline in stock price, with history indicating an average drop of around 1.14% in similar scenarios.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on refining margin trends compared to last quarter.
2Details on cost management strategies and their impact on profitability.
3Insights into consumer demand for fuel and how it may affect revenue.
4Any commentary on geopolitical factors influencing oil prices.
5Management's outlook for the remainder of 2026.