HF Sinclair (HF Sinclair) Retained Earnings : $5,379 Mil (As of Dec. 2023)

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What is HF Sinclair Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HF Sinclair's retained earnings for the quarter that ended in Dec. 2023 was $5,379 Mil.

HF Sinclair's quarterly retained earnings increased from Jun. 2023 ($4,816 Mil) to Sep. 2023 ($5,523 Mil) but then declined from Sep. 2023 ($5,523 Mil) to Dec. 2023 ($5,379 Mil).

HF Sinclair's annual retained earnings declined from Dec. 2021 ($4,414 Mil) to Dec. 2022 ($4,130 Mil) but then increased from Dec. 2022 ($4,130 Mil) to Dec. 2023 ($5,379 Mil).

HF Sinclair Retained Earnings Historical Data

The historical data trend for HF Sinclair's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HF Sinclair Retained Earnings Chart

HF Sinclair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,744.12

3,913.18

4,413.84

4,130.25

5,379.18

HF Sinclair Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															4,130.25	4,395.53	4,815.91	5,523.25	5,379.18

HF Sinclair Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

HF Sinclair (NYSE:DINO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

HF Sinclair (HF Sinclair) Business Description

Industry

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Address

2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201

Website

https://www.hfsinclair.com

HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.

Executives

James H Lee	director	10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal	officer: VP, Controller and CAO	2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez	director	1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers	director	C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia	officer: SVP, General Counsel & Sec	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa	officer: EVP, Operations	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings	director, officer: Chief Executive Officer	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter	officer: EVP, Commercial	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding	10 percent owner	550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols	director	P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano	director	1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth	director	333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik	director	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke	director	2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov	officer: EVP and CFO	C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136