HF Sinclair beats quarterly profit estimates on tight fuel supply-March 2024-www.financetom.com

HF Sinclair beats quarterly profit estimates on tight fuel supply

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HF Sinclair beats quarterly profit estimates on tight fuel supply

May 8, 2024 4:09 AM

May 8 (Reuters) - Refiner HF Sinclair beat Wall

Street estimates for first-quarter profit on Wednesday, helped

by tight fuel supplies due to refinery shutdowns in Russia and

heavy maintenance in the U.S.

The Dallas, Texas-based refiner posted adjusted net income

of 71 cents per share for the three months ended March 31,

compared with average analysts' estimate of 65 cents per share,

according to LSEG data.

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