HF Sinclair Corporation (DINO) shares fell 12.50 percent, declining $7.23 to $50.62 on Wednesday following the company's fourth-quarter results and CEO Tim Go's decision to take voluntary leave of absence from the role.
The stock opened sharply lower at $47.95 compared to the previous close of $57.85 and traded between $47.63 and $53.18 during the session on the New York Stock Exchange. The last reported bid was $50.44 for 30,000 shares, with the ask at $50.33 for 20,000 shares.
Volume surged to 6,387,003 shares, well above the average of 2,569,510. Shares have traded within a 52-week range of $24.66 to $59.33.
For the three months ended December 31, 2025, sales and other revenues totaled $6.46 billion, slightly down from $6.50 billion a year earlier.
The company reported a net loss of $28 million, or $0.16 per share, compared with a net loss of $214 million, or $1.14 per share, in the prior-year quarter, a significant year-over-year improvement.
Meanwhile, the Board has commenced a process to determine what future actions, whether interim or otherwise, should be taken in relation to the position of CEO and President.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.