Raymond James Financial Services Advisors Trims Stake in HF Sinclair Co.

🌥️Trending News

Raymond James Financial Services Advisors Inc. recently announced that it has reduced its stake in HF ($NYSE:DINO) Sinclair Co. stocks. It is a publicly traded company on the NASDAQ and is known for its superior customer service, quality products, and reliable service. This divestiture could signal a shift in Raymond James’s strategy as the company looks to diversify its portfolio and invest in other industries. HF Sinclair Co. has a long-standing reputation for reliability and quality, and the stock has seen a steady growth in recent years. The company’s products, which include natural gas, crude oil, propane, and electricity, are highly sought after by customers across the nation.

Many investors have seen this divestiture as an opportunity to purchase HF Sinclair Co. stock at a lower price, making it an attractive investment for those looking to diversify their portfolios. Overall, Raymond James Financial Services Advisors’ decision to trim its stake in HF Sinclair Co. stock is an important development in the energy industry, as it could signal a shift in the company’s investment strategy. Despite the recent divestiture, HF Sinclair Co. remains a solid investment option for those looking to add energy-related stocks to their portfolio.

Stock Price

This was reflected in HF SINCLAIR’s stock, which opened at $45.6 and closed at $45.3, a decrease of 1.1% from the previous closing price of $45.8. It is uncertain what factor(s) influenced Raymond James Financial Services Advisors Inc.’s decision to reduce its stake in HF Sinclair Co., however it likely had an impact on the overall market sentiment for the company. As a result of their reduced stake, investors may become less confident in HF SINCLAIR’s future prospects and further reduce their holdings. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Hf Sinclair. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Hf Sinclair. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hf Sinclair. More…

Key Ratios Snapshot

Some of the financial key ratios for Hf Sinclair are shown below. More…

Analysis

At GoodWhale, we analyzed the financials of HF SINCLAIR and discovered they had a strong position in terms of assets and growth. However, their dividend and profitability ratings were rated as medium. We gave HF SINCLAIR a health score of 9/10, indicating they have strong cashflows and debt that can sustain them during times of crisis. Based on our analysis, we classified HF SINCLAIR as a ‘cheetah’. This means they achieved high revenue or earnings growth but are considered less stable due to their lower profitability. Investors who are looking for high-growth stocks with some risk may be interested in HF SINCLAIR. More…

Peers

The company is headquartered in Charleston, West Virginia and was founded in 2010. The company operates through two segments: Refining and Marketing. The Refining segment consists of crude oil refining and the associated marketing of refined petroleum products. The Marketing segment markets crude oil and refined petroleum products. The company’s competitors include PBF Energy Inc, Marathon Petroleum Corp, and Delek US Holdings Inc.

– PBF Energy Inc ($NYSE:PBF)

PBF Energy Inc is a holding company that owns and operates oil refineries and related assets. The company has a market cap of 5.7B as of 2022 and a Return on Equity of 52.76%. PBF Energy Inc’s oil refineries process crude oil into finished petroleum products, such as gasoline, diesel fuel, jet fuel, and heating oil. The company also produces and sells petrochemicals and other products derived from crude oil.

– Marathon Petroleum Corp ($NYSE:MPC)

Marathon Petroleum Corp is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. As of December 31, 2019, Marathon Petroleum had 16 oil refineries in the United States which processed about 3.1 million barrels of crude oil per day. Marathon Petroleum also owns and operates the nation’s largest crude oil pipeline system, with approximately 7,800 miles of pipelines. The company’s refining, marketing, and transportation operations are primarily conducted through Marathon Petroleum Company LP, its wholly owned subsidiary. Marathon Petroleum’s brand portfolio includes Marathon, Speedco, and SuperAmerica.

As of December 31, 2019, Marathon Petroleum had 16 oil refineries in the United States which processed about 3.1 million barrels of crude oil per day. The company’s refining, marketing, and transportation operations are primarily conducted through Marathon Petroleum Company LP, its wholly owned subsidiary. Marathon Petroleum’s brand portfolio includes Marathon, Speedco, and SuperAmerica.

With a market cap of 59.44B as of 2022 and a Return on Equity of 32.4%, Marathon Petroleum Corp is a large and successful company in the petroleum industry. The company’s strong financials and large operations give it a solid position in the market, and it is likely to continue to be a major player in the industry for years to come.

– Delek US Holdings Inc ($NYSE:DK)

Delek US Holdings Inc is a diversified energy company with operations in the petroleum refining, logistics, and convenience store industries. The company has a market capitalization of 2.17 billion as of 2022 and a return on equity of 34.19%. The company’s operations are primarily focused in the United States, and it has a presence in both the upstream and downstream segments of the energy industry. Delek US Holdings Inc is headquartered in Brentwood, Tennessee.

Summary

HF Sinclair Co. is an investment company that has gained recent attention from investors. Raymond James Financial Services Advisors Inc. recently reduced its holdings in HF Sinclair Co, suggesting a potential change in the outlook of the company. As part of an investing analysis, investors should consider the current market conditions, the risk associated with the company’s financials, and its recent performance. Investors should also consider the company’s potential growth, competitive advantages, and the expected returns from its investments.

Additionally, investors should evaluate the management team’s strategies for executing their business plan. Finally, investors should check if any recent news or developments could have an effect on the company’s performance. By taking these factors into consideration, investors can make an informed decision on whether or not to invest in HF Sinclair Co.